000760SZSE

Announcement on the Correction of 2020 Annual Performance Forecast and Performance Report

Statoil Co., Ltd.··5 pages

✨ AI Summary

This announcement corrects the previously disclosed 2020 annual performance forecast and performance report of Stayer Power Co., Ltd. The net profit attributable to shareholders is revised from a profit of 50-60 million RMB to a loss of approximately 275.46 million RMB. The company acknowledges significant discrepancies and emphasizes the importance of risk awareness for investors.

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Full Translation

AI Translation· azure_openai

Stayer Power Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.

Special Reminder: On July 5, 2021, the Company held the 25th meeting of the 10th Board of Directors, which reviewed and approved the 2020 annual financial report. As the annual report is still being prepared, the disclosed information is now being corrected. Investors are advised to pay attention to investment risks.

I. Performance Disclosure Situation

The Company disclosed the "2020 Annual Performance Forecast" (Announcement No.: 2021-6) on January 30, 2021, and the "2020 Annual Performance Report" (Announcement No.: 2021-30) on April 20, 2021. After auditing by Shenzhen Tangtang Accounting Firm (General Partnership), there is a significant difference between the net profit attributable to shareholders for 2020 and the performance report, necessitating this correction.

II. Explanation of Performance Correction

  1. Performance Forecast Period: January 1, 2020 – December 31, 2020.
  2. Previous Performance Forecast and Report Situation: The "2020 Annual Performance Forecast" was disclosed on January 30, 2021, and the "2020 Annual Performance Report" was disclosed on April 20, 2021.
  3. Performance Forecast Correction Content
ItemBefore CorrectionAfter Correction
Net Profit Attributable to ShareholdersProfit: 50,000,000 - 60,000,000 RMBLoss: -275,458,444.99 RMB
Net Profit After Deducting Non-Recurring Gains and LossesProfit: 3,500,000 - 4,500,000 RMBLoss: -144,225,361.43 RMB
Basic Earnings Per ShareProfit: 0.06 - 0.08 RMBLoss: -0.36 RMB
  1. Performance Report Correction Content
ItemBefore CorrectionAfter Correction
Total Operating Revenue76,866,156.41 RMB9,728,889.06 RMB
Operating Profit105,039,589.90 RMB-165,242,885.77 RMB
Total Profit55,692,948.82 RMB-276,445,131.33 RMB
Net Profit Attributable to Shareholders55,692,948.82 RMB-275,458,444.99 RMB
Basic Earnings Per Share (RMB)0.07-0.36
Weighted Average Return on Net Assets17.51%-143.86%
ItemCurrent PeriodBeginning of Current PeriodBefore CorrectionAfter Correction
Total Assets686,654,330.45 RMB525,436,347.68 RMB652,686,926.14 RMB
Equity Attributable to Shareholders345,922,296.04 RMB-17,001,670.69 RMB46,499,319.92 RMB
Share Capital771,844,628 RMB771,844,628 RMB771,844,628 RMB
Net Asset Per Share Attributable to Shareholders (RMB)0.45-0.020.06

Note: The above data is based on the Company's consolidated financial statements.

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