Mingyang Smart Energy Group Co., Ltd. Announcement on the Preliminary Increase in Results for the First Quarter of 2022 | Net Profit | Smart Energy | Non-recurring Profit and Loss_Sina Technology_Sina


Stock Code: 601615 Stock Abbreviation: Mingyang Intelligence Announcement No.: 2022-032

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the content of this announcement, and assume individual and joint responsibility for the authenticity, accuracy and completeness of the content.

Important content reminder:

1. Mingyang Smart Energy Group Co., Ltd. (hereinfollowing referred to as the “Company”) is expected to realize a net profit attributable to shareholders of listed companies from January to March 2022 of 1,300,000,000 to 1,550,000,000 yuan, an increase of 104,410.70 yuan compared with the same period of the previous year 10,000 yuan to 1,294,107,000 yuan, a year-on-year increase of 408.02% to 505.72%.

2. The company expects that the net profit attributable to shareholders of the listed company following deducting non-recurring gains and losses from January to March 2022 will be RMB 1,290,000,000 to RMB 1,540,000,000, which will increase by RMB 1,051,520,400 to RMB 1,301,520,400 compared with the same period of the previous year. A year-on-year increase of 440.93% to 545.76%.

1. Performance forecast for the current period

(1) Performance forecast period

January 1, 2022 to March 31, 2022.

(II) Performance forecast

1. According to the preliminary calculation of the financial department, the company expects that the net profit attributable to shareholders of the listed company from January to March 2022 will be 1.300000 million yuan to 1.55 billion yuan, which will increase by 1,044.107 million yuan to 1,294,107,000 yuan compared with the same period of the previous year. A year-on-year increase of 408.02% to 505.72%.

2. The company expects that the net profit attributable to shareholders of the listed company following deducting non-recurring gains and losses from January to March 2022 will be RMB 1,290,000,000 to RMB 1,540,000,000, which will increase by RMB 1,051,520,400 to RMB 1,301,520,400 compared with the same period of the previous year. A year-on-year increase of 440.93% to 545.76%.

3. The performance forecast data has not been audited by certified public accountants.

2. Performance of the same period last year

(1) Net profit attributable to shareholders of the listed company: RMB 255,893,000, net profit attributable to shareholders of the listed company following deducting non-recurring gains and losses: RMB 238,479,600.

(2) Earnings per share: 0.14 yuan.

3. The main reasons for the expected increase in the current performance

The increase in net profit attributable to shareholders of listed companies during the reporting period was mainly due to the combined impact of the following factors:

(1) Influence of main business

The wind power industry as a whole maintained a steady development trend. The increase in the company’s orders on hand and the increase in the company’s wind turbine delivery scale led to a year-on-year increase in the company’s operating income.

(2) Impact of non-recurring gains and losses

none.

(3) Impact of accounting treatment

none.

(4) Others

none.

4. Risk Warning

The company has no major uncertainties that affect the accuracy of the content of this results announcement.

5. Other explanatory matters

The above forecast data are only preliminary accounting data. The specific and accurate financial data is subject to the company’s official report for the first quarter of 2022. Investors are advised to pay attention to investment risks.

Special announcement.

Mingyang Smart Energy Group Co., Ltd. Board of Directors

April 8, 2022


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