Today's Information

Provided by: Zhen Ding Technology Holding Limited
SEQ_NO 1 Date of announcement 2022/07/15 Time of announcement 08:31:03
Subject 
 On Behalf of the Company's Subsidiary, Avary
Holding (Shenzhen) to Make Pre-announcement Regarding
its 1H22 Earnings Results
Date of events 2022/07/15 To which item it meets paragraph 51
Statement 
1.Date of occurrence of the event:2022/07/15
2.Company name:Avary Holding (Shenzhen) Co., Limited
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):Subsidiary
4.Reciprocal shareholding ratios:71.79%
5.Cause of occurrence:Avary to Make Pre-announcement Regarding
its 1H22 Earnings Results
6.Countermeasures:On behalf of the Company's subsidiary to make
the announcement on MOPS.
7.Any other matters that need to be specified:Please see Avary's
 Pre-announcement of 1H'22 Earnings Results as follows:
(1)Avary's net profit is estimated to be within the range of
   RMB1,393.22 - 1,456.54 million for 1H22, up 120-130% year-on-year.
(2)Avary's EPS is estimated to be within the range of 0.59 RMB/share -
   0.62 RMB/share for 1H22 compared 0.27 RMB/share for 1H21
(3)The earnings growth was mainly driven by higher utilization rate
   than 1H22. In addition, Avary also leveraged its technology and
   management capabilities to gradually improve production yields.
(4)This pre-announcement is based on the preliminary results estimated
   by Avary's internal financial department. Investors should be aware
   of potential risks and refer to the filing 1H22 financial report for
   the actual financial results.

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Zhen Ding Technology Holding Ltd. published this content on 15 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 July 2022 00:43:04 UTC.