Anhui Huamao Textile Limited By Share Ltd 2019 Annual Performance Bulletin

Securities code: 000850 securities short: Hua Mao shares announcement number: 2020-011

Anhui Huamao textile Limited by Share Ltd

2019 annual performance Bulletin

All members of the company and the board of directors guarantee that the contents of the information disclosure are true, accurate and complete, without false records, misleading statements or major omissions.

Special note: the financial data in the 2019 year of this announcement are preliminary accounting data, which may be different from the final data disclosed in the annual report without auditing by accounting firms. Investors should pay attention to investment risks.

Major financial data and indicators for the year 2019

Unit: 10000 yuan

Exergy

Note: the above data are listed in the company's consolidated statement data.

Two, operating performance and financial situation description

The increase in the performance of the company during the current reporting period is mainly due to the increase in non operating profit and loss, as follows:

1. During the reporting period, the company realized the proceeds from the sale of some of the shares held by Guotai Junan (16.620, 0.33, 2.03%) and the investment income recognized by the dividends of the participating companies according to the accounting standards, which increased the net profit attributable to shareholders of the listed companies in the current period.

2. Since January 1, 2019, the company has implemented the new accounting standards for financial instruments, which will be included in the fair value of the Guotai Junan Securities, GF Securities (14.010, 0.31, 2.26%), Tuo Wei information (9.070, 0.11, 1.23%) and net soft (21.800, 0.66). 3.12%) equities and other financial assets should be reclassified to account for transactions in financial assets. During the reporting period, the increase in the fair value of such financial assets increased the net profit attributable to shareholders of listed companies.

3, the government subsidies received increased year-on-year.

The above items belong to non recurring profit and loss projects, which affect the net profit attributable to shareholders of listed companies by about 400 million yuan.

Three, the difference between previous performance expectations

There is no difference between the results disclosed by the company's performance bulletin and the performance announcement of the previous disclosure.

Four, other instructions

The audited 2019 annual report is expected to be released in April 22, 2020, and the specific financial data will be disclosed in the company's 2019 annual report.

Five. Reference documents

An unaudited formal balance sheet and profit statement signed and sealed by the company's legal representative, the person in charge of accounting work and the person in charge of the accounting institution.

Notice hereby

Anhui Huamao textile Limited by Share Ltd

Board of directors

202 0 April 15th

Securities code: 000850 securities short: Hua Mao shares announcement number: 2020-011

Anhui Huamao textile Limited by Share Ltd

First quarter forecast for 2020

All members of the company and the board of directors guarantee that the contents of the information disclosure are true, accurate and complete, without false records, misleading statements or major omissions.

1. The expected performance of the current period.

1. Performance forecast period: 01 to 01 2020 to 03 2020 2020.

2. Expected business performance: loss, loss and profitability.

Exergy

Two. Performance audit notice

The performance announcement is not pre registered by CPA.

Three, reasons for changes in performance

1, the performance loss of the company during the current reporting period is mainly due to the impact of non operating profit and loss, as follows:

Since January 1, 2019, the company has implemented the new accounting standards for financial instruments. It will be included in the fair value of the stock financial assets of Guotai Junan, GF Securities, Tuwei information and network software accounting for the sale of financial assets. During the reporting period, the return on the fair value of such financial assets decreased by 168 million yuan, which is a non recurring item.

2. Under the influence of the new crown pneumonia epidemic situation, according to the relevant regulations of local epidemic prevention and control, the company began to resume work and resume production in February 10, 2020, resulting in a year-on-year decrease in operating income in the first quarter. Meanwhile, the expenses of staff salaries, depreciation and other expenses continued to have a certain impact on production and operation.

Four, other related instructions

1, the above prediction is the preliminary calculation result of the financial department of the company, and has not been audited by the audit institution; the specific performance data will be disclosed in detail in the company's first quarter report 2020.

2, the information disclosure media designated by the company are "Securities Times", "China Securities Journal" and "www.cninfo.com.cn". All information of the company is based on the information contained in the above designated media, so that the majority of investors should make prudent decisions and pay attention to investment risks.

Notice hereby

Anhui Huamao textile Limited by Share Ltd

Board of directors

202 0 April 15th