Simai Food (002956) answered investors' questions on the investor relations platform on January 20.

Investor: Hello, Dong Mi. China's aging population is increasing year by year. Is the company involved in health oat products for the middle-aged and elderly? How are the sales?

Simai Food Secretary: Hello, investors! Oat is one of the top ten healthy foods, which is rich in soluble dietary fiber and maintains the dynamic balance of intestinal flora. β-glucan in oats has been proved to reduce cholesterol and has a good hypolipidemic effect. Oats are also rich in vitamins and high protein, which can enhance the body's immunity. Oats are suitable for people who are concerned about health, "three high" people, fat loss / fitness people, sub-health people, weak immunity people and growing children. The company's Chunyan series products (Chunyan, 5 black, 5 red, Chia seed, wheat bran, etc.) are deeply loved by the middle-aged and elderly people. Thank you for your attention!

Investors: Hello, Dong. Judging from the scale of this Tonga volcanic eruption, although its volcanic eruption index (VEI) is about 4-5, it is not a super volcano, far less than the Indonesian Tambora volcano eruption (VEI-7) in 1815, which caused a "no summer year". With reference to Indonesia's volcanic eruption, Tonga's volcanic eruption may affect crops for a quarter or two. So there is a good chance that crop prices will rise in the coming period of time, and will the company's oatmeal reserves be sufficient for the next quarter or two, and will it be good for the company's profits if the prices of crops such as oats rise during that period?

Simai Food Secretary: Hello, investors! Oat grains belong to agricultural products, the price fluctuates with the market, the company will reserve oat grains according to production, planning and so on. Thank you for your attention!

Ximai Foods 2021 quarterly report shows that the company's main income is 822 million yuan, up 15.08% from the same period last year; net profit from home is 108 million yuan, down 3.45% from the same period last year; deducting 88.6077 million yuan from non-net profit, up 0.71% from the same period last year; among them, in the third quarter of 2021, the company's main income in a single quarter was 270 million yuan, down 3.02% from the same period last year; net profit in a single quarter was 28.0132 million yuan, down 13.26% from the same period last year The non-net profit in a single quarter was 23.5089 million yuan, down 5.26% from the same period last year; the debt ratio was 21.94%, the financial expenses were-362800 yuan, and the gross profit margin was 46.96%.

The stock has been rated by two agencies and two buy ratings in the last 90 days; the average institutional target price has been 18.98 in the past 90 days; according to the Securities Star valuation analysis tool, Ximai (002956) good company has a rating of 3 stars, a good price rating of 3.5 stars and a comprehensive valuation rating of 3.5 stars. (rating range: 1-5 stars, up to 5 stars)

Ximai food main business: oat food research and development, production and sales

The chairman of the company is Xie Qingkui. Mr. Xie Qingkui: born in 1951, Chinese nationality, Australian junior high school education, chairman of Ximai Co., Ltd from 2001 to 2012, chairman and general manager of Ximai Co., Ltd from 2012 to May 2017, and chairman and general manager of Ximai Co., Ltd since May 2017.

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