Securities code: 300331 securities abbreviation: Svg Tech Group Co.Ltd(300331) Announcement No.: 2022-004 Svg Tech Group Co.Ltd(300331)
2021 annual performance forecast
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: from January 1, 2021 to December 31, 2021.
2. Expected performance: loss
The current reporting period of the project is the same period of last year
Loss attributable to listed companies: 370 million yuan – 430 million yuan; Profit: 52.8175 million yuan; net profit of shareholders decreased by 800.53% – 914.12% over the same period of last year
Deducting non recurring losses: 400 million yuan – 460 million yuan
Net profit after profit: 9.6495 million yuan, down by 4245.29% – 4867.09% over the same period of last year
RMB1800 million – rmb185 million
The operating revenue was 139.22794 million yuan, an increase of 29.28% – 32.88% over the same period of last year
2、 Performance forecast and pre audit
The relevant data of this performance forecast are the preliminary calculation results of the company’s financial department and have not been audited by an accounting firm. The company has made pre communication with the annual report audit accounting firm on matters related to the performance forecast, and there is no significant difference between the company and the accounting firm on the performance forecast in the reporting period.
3、 Explanation of performance change reasons
The main reasons for the change of the company’s performance in 2021 compared with the same period of last year are as follows:
1. During the reporting period, the company’s operating revenue increased rapidly as a whole. Among them, the new printing material business and the new material business in the field of consumer electronics have achieved rapid growth; However, due to the epidemic situation and other factors, the scale of relevant business income in the field of reflective materials decreased slightly;
2. In 2016, the company acquired 100% equity of Changzhou huarisheng reflective material Co., Ltd. (hereinafter referred to as “huarisheng”), and recognized the difference of 465055100 yuan between the merger cost and the fair value of huarisheng’s identifiable assets and liabilities as goodwill. According to the goodwill impairment test report issued by the evaluation institution, the company has In 2020, the provision for goodwill impairment was 43.4719 million yuan and 29.9526 million yuan respectively. As the operating performance of huarisheng is far lower than expected, there are signs of impairment of goodwill; At the same time, the company conducted a comprehensive inventory of various assets and fully evaluated and analyzed the possibility of impairment of various assets. According to the preliminary calculation of the company’s financial department, the amount of impairment provision in this reporting period was 380 million yuan – 430 million yuan, which had a significant adverse impact on the company’s business performance in 2021.
3. During the reporting period, the price of some raw materials fluctuated greatly and the investment in R & D of new technologies and products increased significantly;
During the reporting period, the impact of non recurring profits and losses on net profit is expected to be about 30 million yuan.
4、 Risk tips
The provision for impairment of various assets accrued by the company in the current period is an uncertain factor affecting the content of the performance forecast. The final amount of impairment provision will be determined after evaluation and audit by professional evaluation institutions and audit institutions hired by the company.
5、 Other relevant instructions
1. The performance forecast data is the preliminary calculation result of the company’s financial department and has not been audited by the audit institution. 2. The specific performance data of 2021 will be disclosed in detail in the company’s 2021 annual report. Please make careful decisions and pay attention to investment risks.
It is hereby announced.
Svg Tech Group Co.Ltd(300331) board of directors
January 23, 2022
