Changshan Beiming (000158): Pre Profit Of RMB 100 Million To RMB 120 Million In 2020

Changshan Beiming (000158. SZ) announced that in 2020, the net profit attributable to the shareholders of the listed company would be 100 million to 120 million yuan, with a year-on-year increase of - 1.09% to 18.69%; the net loss after deducting non recurring profit and loss would be 70 million yuan to 90 million yuan. The reasons for performance changes are as follows:

1. Textile business: in 2020, the new crown pneumonia epidemic will have a great impact on the production and operation of the company's textile business. The company actively responded and promoted the epidemic prevention and control as well as the production and operation work. The profitability of the second half of the year was significantly improved compared with the previous two quarters, but the loss was still not reversed in the whole year, and the net profit realized was - 9 million yuan to - 11 million yuan.

2. Software business: after the resumption of work and production, the company actively promoted the landing of existing business opportunities with customers, accelerated the implementation progress of orders, promoted the completion and acceptance of projects, further optimized internal management, and controlled various costs and expenses. As a result, the profitability was steadily improved, and the phased adverse effects caused by the epidemic situation were quickly eliminated, and the double growth of business income and net profit was realized Among them, the operating income increased by 12% over the same period of last year, and the net profit was from 23 million yuan to 250 million yuan, an increase of more than 50% over the same period of last year.

3. Changshan cloud data center: the machine room building and power building of Changshan cloud data center phase I project have been put into use at the end of 2019. Due to the process from investment invitation to signing a contract with customers, putting the client's server on the shelves and power on, as well as the sudden epidemic situation and the pressure of later epidemic prevention and control, the investment promotion progress and customers' mobilization and putting on shelves have been affected, which will make the project capacity in 2020 The scale has not been fully released, and the revenue is less than expected.

4. During the reporting period, the amount of non recurring profit and loss affecting the net profit attributable to the shareholders of the listed company was about 190 million yuan, mainly including the government subsidies recognized by the company, the shutdown losses during the epidemic period, etc.