On the evening of January 6^th, NBKBE issued a performance forecast for 2022, which showed that the net profit attributable to shareholders of the listed company in 2022 was expected to be 150 million to 170 million RMB, an increase of 73.73% - 96.89% over the same period last year; The net profit after deduction of non-recurring profit and loss is expected to be 150 million RMB to 170 million RMB, an increase of 99.30% - 125.87% over the same period last year. The performance has doubled.

The main reasons for the change of the company's performance during the reporting period are as follows: First, with the growth of production and sales of domestic passenger cars and the rapid increase of penetration rate of new energy electric vehicles, the market demand for automotive cables and the industry scale have increased significantly, and the pace of "localization replacement" has accelerated. After the listing, the company's brand effect and customer recognition have been rapidly improved, and the company has carried out effective layout in terms of production capacity expansion, customer development, product certification, capital reserve, and other aspects. During the reporting period, the company's sales revenue increased rapidly, and the company made efforts to improve management efficiency while insisted on reducing costs and increasing efficiency, so the net profit increased significantly. Second, the manufacturing process of high-voltage cables for new energy electric vehicles is complex and the product technology is advanced, so their gross profit rate is higher than that of ordinary cables for automobiles. During the reporting period, the company's sales of high-voltage cables for new energy electric vehicles increased rapidly, with a higher proportion, so the product structure was optimized, and the product profit margin was improved.