Eaglerise Electric & Electronic (China) Co.Ltd(002922) : performance forecast for 2021

Securities code: 002922 securities abbreviation: Eaglerise Electric & Electronic (China) Co.Ltd(002922) Announcement No.: 2022-003

Eaglerise Electric & Electronic (China) Co.Ltd(002922)

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

(I) performance forecast period: January 1, 2021 to December 31, 2021

(II) performance forecast: □ turning losses into profits ☑ Rising in the same direction □ falling in the same direction

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

Earnings attributable to listed companies: 165 million yuan – 21 million yuan

East’s net profit: 51.4342 million yuan, an increase of 220.80% – 308.29% over the same period last year

Profit after deducting non recurring profit and loss: 58 million yuan – 75 million yuan

Net profit after: 36.8327 million yuan, an increase of 57.47% – 103.62% over the same period of last year

Basic earnings per share: 0.56 yuan / share – 0.71 yuan / share earnings: 0.36 yuan / share

2、 Communication with accounting firms

Matters related to the company’s employment performance forecast have been pre communicated with the accounting firm, and both parties are in the performance forecast party

There are no differences. This performance forecast has not been pre audited by certified public accountants.

3、 Explanation of performance change reasons

1. The company completed the sale in February 2021 and is located in Guicheng science and Technology Park, Jianping Road, Nanhai District, Foshan City, Guangdong Province

The land use right of A3 and the aboveground buildings and structures on the land, as well as the wholly-owned subsidiary, Foshan Yiyi

Gore Industrial Development Co., Ltd. has 95% equity. The transaction of selling assets is beneficial to the consolidated statement of 2021

The net profit impact is about 104 million yuan, and the income from the disposal of the asset belongs to non recurring profit and loss.

2. During the reporting period, there was strong market demand in the photovoltaic industry. The company seized the development opportunity of the photovoltaic industry and achieved rapid growth in new energy products; In addition, lighting products have also achieved relatively stable growth, so the company’s overall operating revenue has increased significantly.

3. According to the requirements of the accounting standards for business enterprises, the company has preliminarily evaluated and calculated the goodwill formed by the acquisition of the above two companies in combination with the actual operation and future operation prospect of the subsidiary DEG industrial supplies SDN.BHD. and the holding subsidiary Shenzhen Dingshuo Tongbang Technology Co., Ltd, It is estimated that the amount of goodwill impairment accrued in 2021 will be 14 million yuan to 29 million yuan. The final amount of goodwill impairment will be determined after evaluation and audit by professional evaluation institutions and audit institutions hired by the company.

4、 Other relevant instructions

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. Investors are invited to pay attention to investment risks.

It is hereby announced!

Eaglerise Electric & Electronic (China) Co.Ltd(002922) board of directors

January 21, 2002

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