Zitong Financial App NewsXinghua new material(301077.SZ) to disclose the 2022 performance forecast, the company expects the net profit belonging to shareholders of listed companies to 93 million yuan to 103 million yuan in 2022, down 23.70% to 31.11% compared with the same period last year; net profit after deducting non-recurring profits and losses of 92 million yuan to 100 million yuan, an increase of 0.54% to 9.28%.

In 2022, due to the influence of external factors, the market demand decreased, the number of orders decreased compared with the same period last year, and the price of raw materials remained high, which led to an increase in the company's production costs and compressed profit margins.