Hangzhou Wensli Silk Culture Co.Ltd(301066) : performance forecast for 2021

Securities code: 301066 securities abbreviation: Hangzhou Wensli Silk Culture Co.Ltd(301066) Announcement No.: 2022-003

Hangzhou Wensli Silk Culture Co.Ltd(301066)

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

(I) performance forecast period

From January 1, 2021 to December 31, 2021.

(II) performance forecast

The expected net profit is positive and belongs to: \uf0f0 turning loss into profit \uf0f0 rising in the same direction √ falling in the same direction

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

Profit attributable to listing: 45 million yuan – 57 million yuan

Profit of shareholders of the company: 63.4 million yuan

Net profit decreased by 10.10% – 29.02% over the same period of last year

Deducting non recurring profit: 41 million yuan – 53 million yuan

Profit after profit and loss: 63.19 million yuan

Net profit decreased by 16.13% – 35.12% over the same period of last year

2、 Communication with accounting firms

The relevant data of this performance forecast is the preliminary calculation result of the company’s financial department and has not been audited by an accounting firm.

3、 Explanation of performance change reasons

In the fourth quarter of 2021, the epidemic situation in East China, the company’s main sales area, was more serious repeatedly, large-scale gathering activities decreased, and the sales of the company in all channels including sales team channels and franchise channels were cold, resulting in a sharp decline in the company’s sales revenue in the fourth quarter. The fourth quarter is the peak sales season of the company over the years, and the decline in performance in the fourth quarter of this year has a great impact on the company.

4、 Other relevant instructions

This performance forecast is the result of preliminary accounting by the company’s financial department. It has not been audited by an accounting firm, and may be different from the final data disclosed in the annual report. The specific financial data will be disclosed in detail in the 2021 annual report. Please make careful decisions and pay attention to investment risks.

It is hereby announced.

Hangzhou Wensli Silk Culture Co.Ltd(301066) board of directors January 27, 2022

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