Muyuan Foods Co.Ltd(002714) : performance forecast for 2021

Securities code: 002714 securities abbreviation: Muyuan Foods Co.Ltd(002714) Announcement No.: 2022-012 preferred stock code: 140006 preferred stock abbreviation: muyuanyou 01

Bond Code: 112849 bond abbreviation: 19 muyuan 01

Bond Code: 127045 bond abbreviation: muyuan convertible bond

Muyuan Foods Co.Ltd(002714)

Performance forecast for 2021

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

1、 Expected performance of the current period

1. Performance forecast period: January 1, 2021 to December 31, 2021

2. Expected performance: \uf0f0 loss \uf0f0 turning loss into profit \uf0f0 rising in the same direction √ falling in the same direction

The current reporting period of the project is the same period of last year

The operating revenue is 77 billion yuan – 80 billion yuan and 56277065600 yuan

The net profit is 7 billion yuan -8.5 billion yuan and 303747699 million yuan

Profit attributable to shareholders of listed companies: 6.5 billion yuan – 8 billion yuan

Net profit: 27451421900 yuan

Year on year decrease: 70.86% – 76.32%

Profit after deducting non recurring profit and loss: 7 billion yuan – 8.5 billion yuan

Net profit: 30244354200 yuan

Year on year decrease: 71.90% – 76.86%

Basic earnings per share: 1.21 yuan / share – 1.50 yuan / share earnings: 5.33 yuan / share

2、 Communication with accounting firms

1. The company has pre communicated with the accounting firm on the performance forecast of the current period, and the company and the accounting affairs

There is no disagreement on the performance forecast of the current period.

2. This performance forecast has not been audited by certified public accountants.

3、 Explanation of performance change reasons

During the reporting period, the number of pigs sold by the company increased significantly compared with the same period last year, but due to the gradual recovery of pig production capacity in China

In addition, the pig price in 2021 decreased significantly compared with the same period last year, resulting in the company’s operating performance in 2021 compared with the same period last year

The period decreased significantly.

4、 Risk tips

1. The sharp fluctuation (decline or rise) of pig market price may have a significant impact on the company’s operating performance. If there is a sharp decline in the market price of pigs in the future, it may still lead to the decline of the company’s performance. Please make prudent decisions and pay attention to investment risks.

2. The risk of pig market price change is the systematic risk of the whole pig production industry. It is an objective and uncontrollable external risk for any pig producer.

3. Animal disease is a major risk in the development of animal husbandry industry, especially the outbreak of African swine fever since August 2018, which may have a significant impact on the company’s operating performance. Please make prudent decisions and pay attention to investment risks.

5、 Other relevant instructions

1. This performance forecast is the preliminary calculation result of the company’s financial department. The specific financial data shall be subject to the 2021 annual report disclosed by the company on the designated information disclosure media.

2. The company will make timely information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations, and investors are kindly invited to pay attention to investment risks.

Muyuan Foods Co.Ltd(002714) board of directors

January 19, 2022

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