Securities code: 603489 securities abbreviation: Bafang Electric( Suzhou) Co.Ltd(603489) Announcement No.: 2022-002 Bafang electric (Suzhou) Co., Ltd
Announcement of annual performance increase in 2021
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content tips:
1. Bafang electric (Suzhou) Co., Ltd. (hereinafter referred to as “the company”) expects to realize the net profit attributable to the shareholders of the listed company in 2021, ranging from 60 million yuan to 62 million yuan, an increase of 197705200 yuan to 217705200 yuan over the same period of the previous year, a year-on-year increase of 49.14% to 54.12%.
2. The company expects that the net profit attributable to shareholders of listed companies after deducting non recurring profits and losses in 2021 will be 550 million yuan to 570 million yuan, an increase of 177.4824 million yuan to 197.4824 million yuan over the same period of last year, a year-on-year increase of 47.64% to 53.01%. 1、 Performance forecast of the current period
(I) performance forecast period
From January 1, 2021 to December 31, 2021.
(II) performance forecast
1. According to the preliminary calculation of the financial department, the company expects that the net profit attributable to the shareholders of the listed company in 2021 will increase by 197705200 yuan to 217705200 yuan compared with the same period of the previous year, with a year-on-year increase of 49.14% to 54.12%.
2. The company expects that the net profit excluding non recurring profits and losses attributable to shareholders of Listed Companies in 2021 will increase by 177482400 yuan to 197482400 yuan compared with the same period of last year, with a year-on-year increase of 47.64% to 53.01%.
(III) the performance forecast data has not been audited by certified public accountants.
2、 Performance in the same period of last year
1. Net profit attributable to shareholders of the listed company: 402294800 yuan; Net profit attributable to shareholders of the listed company after deducting non recurring profits and losses: 372517600 yuan.
2. Earnings per share: 3.35 yuan.
3、 Main reasons for performance increase in the current period
In 2021, the impact of covid-19 epidemic on consumers’ choice of travel mode is still obvious, and the prosperity of electric bicycle market in Europe and America continues to rise. The company closely follows the market demand, vigorously expands customers, continues to make efforts in the advantageous business field of electric bicycle motor and supporting electrical system, and the product production and marketing scale is expanded accordingly.
4、 Risk tips
The company has no major uncertain factors that may affect the accuracy of the performance forecast.
5、 Other explanatory matters
The above forecast data are only preliminary accounting data. The specific and accurate financial data shall be subject to the audited annual report of 2021 officially disclosed by the company. Please pay attention to the investment risks.
It is hereby announced.
Board of directors of Bafang electric (Suzhou) Co., Ltd. January 19, 2022
