Jiangsu Huifeng Bio Agriculture Co.Ltd(002496) : performance forecast for 2021

Securities code: 002496 securities abbreviation: St Huifeng Announcement No.: 2022-003 Jiangsu Huifeng Bio Agriculture Co.Ltd(002496)

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: January 1, 2021 to December 31, 2021

2. Expected operating performance: \uf0fe turning loss into profit \uf0fe rising in the same direction \uf0fe falling in the same direction

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

Before and after reorganization

Profit attributable to listed companies: 300 million yuan – 420 million yuan loss: 29054.95 loss: 33956 million yuan net profit of shareholders

Net profit after deducting non recurring loss: 320 million yuan – 22 million yuan loss: 32205.21 loss: 37110.68 profit and loss: 0.64% – 31.69% less than that before restructuring in the same period of last year; Ten thousand yuan ten thousand yuan

Loss reduction after restructuring over the same period last year: 13.77% – 40.72%

Basic earnings per share: 0.20 yuan / share – 0.28 yuan / share loss: 0.19 yuan / share loss: 0.23 yuan / share

[note]: the data in this table after reorganization in the same period of last year comes from unaudited pro forma statements

2、 Performance forecast and pre audit

The financial data related to this performance forecast has not been pre audited by the 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 difference between the company and the accounting firm on the performance forecast in the reporting period.

3、 Explanation of performance change reasons

The company expects the net profit attributable to the shareholders of the listed company to turn loss into profit in 2021, which is mainly due to the gradual resumption of production of the company. The 51% equity delivery of andor MacPherson (Jiangsu) Co., Ltd. was completed on May 31. During the reporting period, andor MacPherson (Jiangsu) Co., Ltd Income from disposal of 51% equity of andor maihuifeng (Shanghai) Agricultural Technology Co., Ltd. and income from re measurement of the fair value of the remaining 49% equity. The net profit loss after deducting non recurring profits and losses is mainly due to the impairment of assets and shutdown losses of some subsidiaries.

4、 Other relevant instructions

This performance forecast is the result of the preliminary calculation of the company’s financial department. The specific performance data will be disclosed in detail in the company’s 2021 annual report.

Please make careful decisions and pay attention to investment risks.

Jiangsu Huifeng Bio Agriculture Co.Ltd(002496) board of directors January 25, 2002

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