O v e r s e a s R e g u l a t o r y A n n o u n c e m e n t
Overseas Regulatory Announcement
Pursuant to the rules governing the disclosure of information in A-Shares listed
companies, Beiren Printing Machinery Holdings Limited (the “Company”), with its A
Shares listed on the Shanghai Stock Exchange, will publish an announcement
regarding its estimated business performance for the financial year 2007 on 30
January 2008 in Shanghai. The full text of which is as follows:
ANNOUNCEMENT
ESTIMATED BUSINESS PERFORMANCE FOR THE
FINANCIAL YEAR 2007 – TURNING DEFICIT INTO PROFIT
The Company and all the members of the board of directors confirm the truthfulness,
accuracy and completeness of the contents of this announcement, and jointly accept
responsibilities for any misrepresentation, misleading statements or material
omissions contained herein.
Ⅰ. THE ESTIMSTED BUSINESS PERFORMANCE FOR THE FINANCIAL YEAR 2007
1. Period of the estimated business performance: 1 January 2007 to 31 December
2007
2. Estimated business performance: turning deficits into profits
Due to the relatively large provision for impairment of assets, reduction in investment
income and decrease in gross profit of products caused by conventional products’
price adjustment, the Company incurred a loss in the financial year 2006.
(a joint stock company incorporated in the People’s Republic of China with limited liability)
(Stock code:0187)
北 人人 印印 刷刷 機機 械械 股股 份份 有有 限限 公公 司司
BEIREN PRINTING MACHINERY HOLDINGS LIMITEDBEIREN PRINTING MACHINERY HOLDINGS LIMITEDBEIREN PRINTING MACHINERY HOLDINGS LIMITEDBEIREN PRINTING MACHINERY HOLDINGS LIMITED
This announcement is made pursuant to Rule 13.09(2) of the Rules Governing
the Listing of Securities on
In the financial year 2007, through strategic systems, the Company adjusted its
organization and key business processes, strengthened its management and cost
control, and stepped up the development of new products and upgrading of old
products to sustain sales of a certain scale. As a result the profitability of the Company
in the financial year 2007 has been increased.
It is anticipated that the business performance of the Company for the financial year
2007 will turn deficits into profits when compare with the business performance of
the Company for the financial year 2006.
3. The estimated business performance disclosed herein have not been reviewed or
audited by certified auditors.
ⅡⅡⅡⅡ. RESULTS FOR THE CORRESPONDING PERIOD IN THE FINANCLAN YEAR 2006
1. Net profit: RMB(87,894,795.85)
2. Earnings per share: RMB(0.21)
Ⅲ OTHER RELATED EXPLANATIONS
Further information will be disclosed in the 2007 annual report of the
Company. Investors please beware of the investment risks.
The Board Of Directors of
Beiren Printing Machinery Holdings Limited
29 January 2008
As at the date of this announcement, the executive directors of the Company are Mr.
Wang Guohua, Mr. Lu Changan, Mr. Zhang Peiwu, Mr. Yu Baogui, Mr. Yang
Zhendong, Mr. Jiang Jianming and Mr. Deng Gang and the independent
non-executive directors of the Company are Ms. Li Yijing, Mr. Shi Tiantao, Mr. Wu
Hongzuo and Mr. Wu Wenxiang.
ANNOUNCEMENT ESTIMATED BUSINESS PERFORMANCE FOR THE FINANCIAL YEAR 2007TURNING DEFICIT INTO PROFIT |
