Performance Forecast of ST Sansheng in 2022

2023, Chongqing Sansheng Industrial Co., Ltd. issued a performance forecast for 2022.

The report shows that the net profit loss attributable to shareholders of listed companies is 160 million yuan to 210 million yuan, and the net profit loss after deducting recurring gains and losses is 170 million yuan to 220 million yuan. In the

report, Sansheng analyzed the reasons for the performance loss:

the main reason for the performance loss in 2022 was that the business of the building materials sector was affected by the national policies of strengthening the management of infrastructure construction projects and macro-control of real estate, which slowed down the growth of project construction and intensified competition in the industry; At the same time, due to the impact of climate and epidemic, the operating rate has been greatly reduced, the cost of raw material procurement has continued to rise, the financial cost is high, and the impairment of accounts receivable has been caused by many factors.