Sunresin New Materials Co., Ltd. 2022 annual performance forecast
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate and complete, and there are no false records, misleading statements or major omissions.
1. Performance forecast for the current period
1.1 Performance forecast period: from January 1st, 2022 to December 31st, 2022
1.2 Performance forecast: on the rise
| Item | Current reporting period | Same period last year |
|---|---|---|
| Net profit attributable to shareholders of the listed company |
Year-on-year growth: 60.85% - 89.80% |
Profit: 310.8566 million RMB |
|
Profit: 500 – 590 million RMB |
||
| Net profit after deduction of non-recurring gains and losses |
Year-on-year growth: 55.20% - 82.20% |
Profit: 296.3829 million RMB |
|
Profit: 460 – 540 million RMB |
2. Pre-audit status of performance forecast
The financial data related to the performance forecast for this period has not been audited by a certified public accountant. The company has pre-communicated with the accounting firm on matters related to the performance forecast, and there is no major difference between the company and the accounting firm on the performance forecast.
3. Reasons for changes in performance
3.1. During the reporting period, the company achieved high-quality and healthy development of its main business, continued to consolidate the existing market, make breakthroughs in emerging fields, enhance profitability and stability, and saw a significant increase in revenue and profits over the same period of the previous year. The revenue of adsorption and separation materials in the fields of metal resources, life science, water treatment, ultrapure water, chemical industry and catalysis grew rapidly. Thanks to the execution of new orders in the field of lithium extraction from salt lakes, the revenue of system equipment showed a large increase.
3.2. During the reporting period, the impact of non-recurring gains and losses on the company's net profit was approximately 47.41 million RMB. Among them, in December 2022, the company completed the industrial and commercial registration of part of the equity held in Qinghai Jintai Potash Fertilizer Co., Ltd. The company is expected to realize investment income of about 41 million RMB.
2.3. The company estimates the expenses spread over to this year for the payment of shares as equity incentive is about 80 million RMB, an increase of about 74 million RMB over the previous year.
2.4. The company expects the exchange gain of this year to be about 48.91 million RMB, an increase of about 64.47 million RMB over the previous year.
4. Other relevant notes
This performance forecast is the result of the preliminary estimation conducted by the company's finance department. The specific data of the company's 2022 annual performance will be disclosed in detail in the company’s 2022 Annual Report. The company wishes to remind investors to pay attention to the investment risks.
Board of Directors of Sunresin New Materials Co., Ltd.
January 19, 2023
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