Gelonghui January 30th 丨Jingfang Technology (603005.SH) announced that the company's finance department initially estimates that net profit attributable to shareholders of listed companies is expected to be 200 million yuan to 240 million yuan in 2022, a year-on-year decrease of 58.34% to 65.28%.

After deducting non-recurring profit and loss, net profit attributable to shareholders of listed companies is expected to be about 180 million yuan to 220 million yuan in 2022, a year-on-year decrease of 53.32% to 61.81%.

The main reasons for the decline in performance: 1. Under the influence of many adverse factors such as international trade forms, geopolitical conflicts, and the COVID-19 pandemic, the global economic growth rate continues to face downside risks. Demand in the consumer electronics market represented by mobile phones is insufficient, which has an adverse impact on the company's overall packaging business. Although the company has successfully achieved large-scale mass production in new fields such as vehicle cameras and micro optical devices, the overall scale still needs to continue to increase. The above reasons caused the company's overall revenue and profit during the reporting period to decline compared to last year. 2. During the reporting period, the company continued to increase the layout and R&D investment of innovative technology processes. Among them, R&D investment was increased in the direction of vehicle camera packaging, MEMS packaging, micro optical devices, power devices, etc. around automotive semiconductor market demand. 3. Based on the macroeconomic environment and the downward trend in industry demand, the company calculated and disposed of corresponding impairment of inventory, idle fixed assets, etc. during the reporting period.