Landai Technology Group Corp.Ltd(002765) : the two main businesses are developing together, and the net profit in 2021 is expected to increase by 2491% - 2879% year-on-year

Landai Technology Group Corp.Ltd(002765) the performance forecast for 2021 was released on the evening of January 23. The company expects to realize a net profit of RMB 200 million-230 million attributable to the shareholders of the listed company in 2021, with a year-on-year increase of 2490.81% - 2879.43%; It is expected to realize a net profit of 130-150 million yuan after deducting non recurring profits and losses, with a loss of 27.4662 million yuan in the same period of last year; The basic earnings per share is expected to be 0.35-0.4 yuan.

As for the reasons for performance changes, the announcement shows that during the reporting period, the company's main business touch display business and power transmission business developed together. In the touch display business segment, affected by the growth of consumer electronics, automotive electronics and other factors, the touch display market demand is strong. During the reporting period, taiguan technology, a subsidiary of the company, has full orders and good operating benefits. The production capacity and touch display module business scale of Chongqing taiguan, a subsidiary of the company, continue to expand, promoting the significant growth of the operating performance of the company's touch display business; In the power transmission business segment, the company has achieved remarkable results in customer structure adjustment and product structure transformation and upgrading in recent years, the scale of power transmission business continues to expand, and the operating performance has increased significantly year-on-year. The better development of the two business segments has driven the substantial growth of the company's overall performance.

In addition, during the reporting period, the company expects the impact of non recurring profits and losses on net profit to be 70 million yuan to 80 million yuan.

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