Jingyi Co., Ltd.: the expected profit for the first three quarters increased by 47.89% over the same period last year.

Jingyi shares issued a pre-profit of 50 million yuan to 60 million yuan in the first three quarters, an increase of 47.89%, 77.47% over the same period last year, and basic earnings per share of 0.20 yuan per share-0.24 yuan per share.

According to the advance notice, the reasons for the changes in performance are as follows:

Compared with the same period last year, the national epidemic prevention and control has achieved remarkable results in the first half of 2021, and the production and operation of the company is stable. The company strictly implements epidemic prevention and control, firmly adheres to the safety line, continues to increase sales volume in business strategy, expands regional market share, optimizes industrial layout internally, and achieves performance growth. During the reporting period, the price of electrolytic copper, the raw material of the company, rose sharply compared with the same period last year, prompting the sales price and gross profit of the company's main copper processing products to rise compared with the Affected by the national macro-policy regulation and control in the third quarter, the company implemented a relatively tight sales policy. Compared with the same period last year, sales volume decreased and sales gross profit declined.