Securities code: 601700 securities abbreviation: Changshu Fengfan Power Equipment Co.Ltd(601700) Announcement No.: 2022-001 Changshu Fengfan Power Equipment Co.Ltd(601700) year 2021
Performance pre reduction announcement
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. Changshu Fengfan Power Equipment Co.Ltd(601700) (hereinafter referred to as “the company”) is expected to realize a net profit of 90 million yuan to 11 million yuan attributable to shareholders of the listed company in 2021, a decrease of 49.67% to 58.82% over the same period of the previous year.
2. The operating performance of the company in 2021 decreased compared with the same period of last year, mainly due to the lag of contract execution and the impact of the rise in the price of raw materials during the reporting period, resulting in the decline of gross profit margin and net profit. Please pay attention to the investment risks.
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 net profit attributable to the shareholders of the listed company is expected to be between 90 million yuan and 110 million yuan in 2021, a decrease of 49.67% to 58.82% over the same period of the previous year.
2. The net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses was between 90 million yuan and 11 million yuan, a decrease of 36.09% to 47.71% over the same period of the previous year.
(III) this annual performance pre reduction announcement is a preliminary calculation made by the company according to the business situation in the reporting period, which has not been audited by an accounting firm.
2、 Performance in the same period of last year
(I) net profit attributable to shareholders of the listed company: 218539500 yuan. Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses: 17212270 yuan
(II) earnings per share: 0.19 yuan.
3、 Main reasons for performance reduction in the current period
(I) main business impact.
The lag of contract execution and the impact of the rise in the price of raw materials during the reporting period led to the decline of gross profit margin and net profit.
4、 Risk tips
The company has no other major uncertainties affecting the accuracy of the performance forecast of the current period, but the performance forecast data has not been audited by certified public accountants.
5、 Other explanatory matters
(I) 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 risk.
It is hereby announced.
Changshu Fengfan Power Equipment Co.Ltd(601700) board of directors
January 24, 2002
