Gelonghui February 1?* ST Blue Shield (300297.SZ) announced an estimated net loss of 900 to 1.1 billion yuan for shareholders of listed companies in 2022, compared with a loss of 1.5512675 billion yuan for the same period last year, and a net loss of 850 million yuan to 1.05 billion yuan after deducting non-recurrent profit and loss, compared with a loss of 1.5404685 billion yuan for the same period last year.

The reasons for the performance changes are as follows: 1. During the reporting period, due to the lack of liquidity and other factors, the daily production and operation of the company was adversely affected, and the company successively experienced issues such as overdue debts, involving litigation and being listed as the executor of breach of faith. there is a great uncertainty in the ability of sustainable operation, which comprehensively leads to the limitation of business development, resulting in a substantial decline in the company's operating income compared with the same period last year.

2. At the same time, in order to protect the basic operating capacity of the company, the company needs to maintain a certain amount of daily production and operating expenses, and the current financial expenses, management expenses and credit impairment losses remain at a high level, affecting the overall profitability of the company.

3. On August 18, 2022, the company received the Administrative penalty decision [2022] No. 13 issued by the Guangdong Regulatory Bureau of the China Securities Regulatory Commission, and the company is required to correct the accounting errors in the violation facts stated in the Administrative penalty decision. As of the date of disclosure of the announcement, the correction of accounting errors has not yet been completed, and the company expects to complete the work in April 2023. The financial department of the company has calculated the progress of the previous work and related data, and the matter has been included in the scope of the calculation in this performance forecast. it is expected that the correction of accounting errors will reduce the amount of the company's equity belonging to shareholders of listed companies by about 95 million yuan.