1. Performance forecast period: January 1, 2014 - December 31, 2014
2. Expected performance: rising in the same direction
Second, the performance forecast pre-audit situation
This performance forecast has not been audited by a certified public accountant.
Third, the reasons for changes in performance
In 2014, the company's oil-based composite film and international sales increased by a large margin, and the gross profit margin increased. However, the controlling subsidiary Zhengzhou Huayuan Superhard Material Tools Co., Ltd. suffered losses, resulting in the company's operating income, operating profit and net profit. A slight increase in the same period last year.
In 2014, the impact of the company's non-recurring gains and losses on net profit was approximately 13.76 million yuan.
Fourth, other relevant instructions
1. This performance forecast is the result of preliminary calculations by the company's financial department, and has not been audited by an auditor.
2. The specific financial data for 2014 will be disclosed in detail in the company's 2014 annual report. Investors are advised to make careful decisions and pay attention to investment risks.
Henan Sifangda Superhard Materials Co., Ltd. Board of Directors
January 30, 2015
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