Qingsong Jianhua's Performance in 2022 Is Expected to Increase by 32%

On January 7, Xinjiang Qingsong Building Materials Chemical (Group) Co., Ltd. issued an annual performance pre-increase announcement for 2022. It is estimated that the net profit attributable to shareholders of listed companies in 2022 will be about 416 million yuan, an increase of 101.15 million yuan compared with the same period last year, an increase of about 32%.

It is estimated that the net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses in 2022 will be 347.72 million yuan, a decrease of 29.33 million yuan compared with the same period last year, a decrease of about 7.8% compared with the same period last year. The main reason for the estimated increase in the results for the

current period was that the Company completed the restructuring of Xinjiang Meifeng Chemical Co., Ltd. (Now renamed as Xinjiang Qingsong Chemical Co., Ltd.) In December 2021. In 2022, the sales revenue of the chemical segment of the Company increased by 67% as compared with 2021. The sales profit increased by 81 million yuan compared with 2021. During the reporting period, the company strictly controlled various expenses, and the sales expenses, management expenses and financial expenses decreased to a certain extent compared with the same period last year. The non-recurring profit and loss of the Company increased by RMB130.5 million as compared with the same period of last year.

It is understood that Qingsong Building Materials was established on November 17, 2000. Its business scope includes the production and sales of sulfuric acid (93%, 98%) with an annual output of 100,000 tons and hydrochloric acid with an annual output of 12000 tons; special transportation of goods (tank containers); truck maintenance (Class II); Retail of product oil, sales of liquefied natural gas (limited to the operation of the branches thereof); general road cargo transportation; production and sales of phosphate fertilizer, potassium sulfate, compound fertilizer and barite powder; Production and sales of cement, cement clinker , prestressed porous board, aerated concrete block, cement prefabricated component, lime powder, stone, building paint, etc.