Xin Xin Ke (002015) Expects Net Profit Of 5 To 650 Million In:2019.

After the completion of the major asset reorganization, the performance of the company was welcomed.

In the evening of January 15th, the company's performance forecast showed that the net profit in 2019 was 500 million yuan to 650 million yuan, which increased 91.96 times to 119.85 times compared with the net profit of 5 million 378 thousand and 700 yuan announced in the same period last year.

The company has said that its performance has risen sharply, mainly due to the wisdom of the United States Xinxin energy Limited by Share Ltd (hereinafter referred to as "Xinxin intelligent energy") to become a controlling subsidiary of the company. "The company's original textile assets have all been set aside, and the main business of the company has changed to focus on the development, investment and operation management of clean energy projects and comprehensive energy services in related fields, and the profitability has been significantly improved." Compared with the combined number of the same period last year, the net profit attributable to shareholders of Listed Companies in the 2018 year after the restatement was 332 million yuan, so that net profit in 2019 increased by 50.68% to 95.88% over the same period last year.

On the same day, xinxinke announced that it would no longer acquire Qinghai Huayang Sheng Yuan new energy Co., Ltd. (hereinafter referred to as "Qinghai Huayang new energy").

In May 2019, xinxinke completed a major asset restructuring asset delivery. Xinxin intelligent energy became a holding subsidiary of 90% of the company's holdings, while Suzhou electric power investment is a wholly owned subsidiary of Xinxin intelligent energy.

In December 2017, Suzhou electric power investment signed an agreement based on the wind power policy with Beijing Huayang company. It agreed that Suzhou electric power investment intends to acquire the 100% stake in Qinghai Huayang new energy jointly held by Beijing Huayang and Huoerguosi Huayang. At the same time, Beijing Huayang and Qinghai Huayang can borrow no more than 356 million yuan from Suzhou power investment, and it will be used to pay the investment of Ulan County Huayang Sheng Yuan new energy Co., Ltd. (a wholly owned subsidiary of Qinghai Hua Yang new energy Co., Ltd. and invest in Huayang 200MW). Up to now, Suzhou electric power investment has accumulated loan amount of 246 million yuan.

Xin Xin Ke said that after the company completed the restructuring and listing, it would re evaluate its own resources and external environment, adjust the development strategy of wind power projects, further optimize the regional selection, and decide to terminate the pre acquisition.

The announcement indicated that Beijing Huayan promised to return 60% of the above loans within 30 days after the termination of the agreement, and the balance was cleared within 3 months.

The company said that after signing the termination of the pre acquisition agreement, the company did not need to pay compensation and legal liability for the termination of related matters, and could recover all the loans. The cash flow situation of the company would be further optimized, and the capacity for sustainable development was further strengthened. The company also stressed that the termination of the pre acquisition agreement will not affect the development and construction of other wind power projects.