Changshan North Ming (000158): The First Quarter Increased By 514.75% To 583.06% Over The Same Period Last Year.

Shijiazhuang Changshan North Ming Polytron Technologies Inc

First quarter 2020 results announcement

All members of the company and the board of directors guarantee that the contents of the information disclosure are true, accurate and complete, without false records, misleading statements or major omissions.

1. The expected performance of the current period.

1. Performance forecast period: January 1, 2020 to March 31, 2020.

2, expected business performance: loss? Turn losses into profits?

Two. Performance audit notice

This performance notice is not pre registered by CPA.

Three, reasons for changes in performance

In the first quarter of 2020, the net profit attributable to shareholders of listed companies increased from the same period last year.

1, textile business: affected by the outbreak of pneumonia caused by the new coronavirus infection, the recovery time of the upstream and downstream units of the company and the industrial chain is generally delayed, the logistics is blocked, the flow of personnel is limited, the domestic market of the textile industry is in a doldrums, and the spread of the overseas epidemic is spreading rapidly, and the export of products is also seriously affected. During the reporting period, the commencement of the reporting period was much lower than that of the same period last year. The production and sales volume dropped significantly, and the operating income declined. Meanwhile, the expenses of staff salaries, depreciation, amortization, interest and so on continued to be paid, resulting in a loss of performance. Due to the outbreak of pneumonia, the loss of the company's textile sector was 26 million 26 thousand and 900 yuan. The non recurring gains and losses had a negative impact on the company's first quarter operating results.

2, software business: during the epidemic period, the software business sector has opened online mobile micro court, online trial, Internet arbitration, North Ming micro approval platform and other online platform services.

Issued the "new pneumonia epidemic prevention and control thematic" software, launched the Longjiang health code, Hebei health code, Sui Kang code (Guangzhou), Jiangxia health code, Taizhou health code and other urban epidemic prevention services, while maintaining the overall business stability by cloud recycling, but affected by the epidemic, the government and customer units postponed resumption and resumption of production, the pace of procurement slowed down, and the company's original business opportunities were pushed forward. After the implementation and acceptance of hand orders were delayed, and R & D investment continued to increase, R & D costs increased significantly over the same period last year, resulting in a year-on-year decrease in revenues and profits. At present, the company has fully resumed work. Following the premise of good epidemic prevention and control, we will actively take various measures to ensure the orderly development of business activities and minimize the impact of the epidemic on the production and operation of the company.

Four, other related instructions

The performance forecast is the preliminary result of the financial department of the company, and the detailed data company will disclose in detail in the first quarter report of 2020. The information disclosure media designated by the company are China Securities Journal, securities times and giant tide information network. We invite investors to pay attention to investment risk.

Shijiazhuang Changshan North Ming Polytron Technologies Inc board of directors

April 15, 2020