Boshen Tools: 2013 Performance Announcement Trimming Announcement

The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate and complete, and there are no false records, misleading statements or major omissions.

I. Estimated current performance

1. Performance forecast period: January 1, 2013 to December 31, 2013

2. Previous performance forecast: On October 26, 2013, the company disclosed in Securities Times, China Securities Journal and http:// The third quarter report predicts that the net profit attributable to shareholders of the company in 2013 will be -80%-30% compared with the same period of the previous year.

3. Revised projected performance



Second, the performance forecast revised the pre-audit situation

This performance forecast amendment has not been pre-audited by certified public accountants.

Third, the reasons for the performance correction

In the third quarterly report of 2013, the Company expects that the net profit attributable to shareholders of the parent company realized by the Company in 2013 will be between RMB 1,534,900 and RMB 5,372,100, which is -80% to -30 compared with the previous year. %. The main reason for the impact on the annual results is that the company participated in the restructuring of Shijiazhuang Tiantong Light Vehicle Co., Ltd. (hereinafter referred to as “Tiantong Light Vehicle”) and Shijiazhuang Tiantong Automobile Manufacturing Co., Ltd. (hereinafter referred to as “Tiantong Automobile System”). The company's arrears amounted to approximately RMB 75.6 million. If the above arrears cannot be recovered at the end of the year, the company will make provision for bad debts in accordance with the relevant accounting policies. It is expected that the net profit attributable to the shareholders of the parent company will be reduced by approximately RMB 35.7 million this year.

On November 6, 2013, the Company received a payment of RMB 20 million from Tiantong Automobile and received RMB 10 million from Tiantong Light Truck. The recovery of such arrears will reduce the company's bad debt provision at the end of the year. Accrual.

According to preliminary estimates by the company's finance department, it is estimated that the net profit attributable to shareholders of the parent company realized by the Company in 2013 was between RMB15,340,800 and RMB19,186,000, representing a change of 100% to 150% over the previous year.

Fourth, other relevant instructions

The 2013 annual performance forecast is the result of preliminary calculations by the company's finance department. The specific financial data is subject to the 2013 annual report disclosed by the company.

The company is still actively communicating with Tiantong Automobile and Tiantong Light Truck, and continues to collect the remaining arrears. The company will fulfill its information disclosure obligations in a timely manner according to the progress of the arrears recovery.

The board of directors of the company sincerely apologizes for the inconvenience caused by the amendment of the performance forecast. Investors are advised to make careful decisions and pay attention to investment risks.

Special announcement.

Hejian Deris Both manufacturer and distributor, specialize on Single Cone Bit The diamond compound teeth are used on the top of the YC single-cone bit to enhance the wear resistance of the teeth and improve the service life of the drill. The new hydraulic structure improves the cleaning ability of the hydraulic system for the cone and the bottom of the well and optimizes the flow field at the bottom of the well. The bit body of the bit body is made of a large-diameter active cutting ball head tooth, which makes the bit have a good diameter keeping function and a reverse eye function

TCI single cone bit Structural features:

1. The two-stage diameter of the cone and the bit body is adopted. The active cutting teeth and the passive anti-wearing teeth are mounted on the bit body, and the drill bit has better diameter-preserving effect and inverted eye function.

2. The teeth of the cone are staggered, and the shape of the cone, the number of rows of teeth, the number of teeth, and the height of the dew are all preferred.

3, the hydraulic system uses the main and auxiliary two-eye structure, using jet and diffusion cleaning two types of nozzles to optimize the nozzle combination.

4. The large and small shaft seals of the drill bit bearing adopt advanced high-saturated nitrile rubber ring, optimized sealing compression and special diameter-proof structure design, ensuring high reliability of bearing seal.

5. The surface of the bearing of the tooth is welded with a hard metal layer, and the inner hole of the toothed wheel is welded with a wear-reducing alloy to improve the working ability of the bearing.

6, the use of steel ball locking cone, can adapt to high speed.

Single Cone Bit

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Hejian Deris Petroleum Drilling Equipment Co.,Ltd. , https://www.welldrillingbit.com