As of February 8, twelve A-share listed companies in Zhongshan have announced their performanceforecastreports or preliminary earnings estimates for 2021.

It is expected that the net profit attributable to the shareholders of the listed companies MLS Co Ltd, Huali Industrial Group, Hoshion and Ming Yang Smart Energy will significantly increase year on year. MLS Co Ltd in particular has an estimated net profit of 1.1 billion-1.2 billion yuan, up 264.55%-297.70% over the same period in 2020.

Affected by such factors as individual industry situations, price fluctuations and exchange rate fluctuations, some companies have seen increased operating revenues but decreased profits. This includes Sanhe Pile, whose operating income is expected to increase by about 11.86%-16.06% year on year, with a year-on-year growth in both scale and product production and sales; However, its net profit is expected to decrease by 72.17%-77.32% year on year.