Xinxiang Chemical Fiber announces annual performance forecast of 2022

Xinxiang Chemical Fiber announced its annual performance forecast of 2022. During the reporting period, the net profit loss belonging to the shareholders of the listed company was 410-460 million Yuan, turning from profit to loss compared with the same period of last year; after deducting non-recurrent profit and loss, the net profit losses was 440-490 million Yuan. The reason for the change in performance: the company's operating loss in 2022 was mainly affected by factors such as weak demand in the spandex fiber industry, and the price of related products fell sharply. As a result, the performance fell sharply.