New Daxin: 2013 Annual Results Preview

Abstract Stock Code: 300080 Securities Abbreviation: Xinda New Materials Announcement No.: 2014-004 Henan Xinda New Materials Co., Ltd. 2013 Annual Results Preview The Company and all board members ensure that the information disclosure content is true, accurate and complete, and there is no falsehood. ...
Stock code: 300080 Securities abbreviation: New big new material announcement number: 2014-004

Henan Xinda New Materials Co., Ltd. 2013 Annual Results Preview

The company and all board members guarantee the truthfulness, accuracy and completeness of the information disclosure, and there are no false records, misleading statements or major omissions.

I. Estimated performance of the current period

1. Performance forecast period: January 1, 2013 to December 31, 2013

2. Expected performance: Turning losses into profits

Projects During the reporting period

The net profit attributable to shareholders of listed companies is about 70 million yuan---75 million yuan - 62.32 million yuan

Second, the performance forecast pre-audit situation

This performance forecast has not been audited by a certified public accountant.

Third, the reasons for changes in performance

In 2013, the state issued a series of favorable policies to support the development of the domestic PV market. In addition, the Sino-European PV trade dispute reached a settlement, and the PV industry showed signs of gradual recovery. In this context, after the completion of the asset reorganization of the company and Pingdingshan Yicheng New Materials Co., Ltd., it became the company with the highest market share in the PV segment industry, changing the situation of low-price vicious competition in the industry, and also raising the company downstream. The bargaining power of the manufacturers has exerted the scale effect and synergy effect after the restructuring, and the company's profitability has been improved. Together with the company's equity investment income and the disposal of Pingdingshan Yicheng New Energy Co., Ltd., it is expected that the company will turn losses into profit in 2013, with a profit of about 70 million yuan---75 million yuan.

Fourth, other relevant instructions

The performance forecast is the result of preliminary calculations by the company's finance department. The actual profitability of the company in 2013 is based on the company's 2013 annual report data. The company's board of directors invites investors to pay attention to investment risks.
Henan Xinda New Materials Co., Ltd.

Board of Directors

January 30, 2014

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