Financial Performance - Operating revenue for the period was CNY 851,329,625.45, a decrease of 6.75% year-on-year[8] - Net profit attributable to shareholders increased by 5.15% to CNY 122,010,982.09 compared to the same period last year[8] - The net profit excluding non-recurring gains and losses was CNY 97,001,890.14, a decrease of 6.21% year-on-year[8] - Total revenue for Q1 2015 was CNY 851,329,625.45, a decrease of 6.7% compared to CNY 912,917,783.06 in the same period last year[31] - Operating profit for Q1 2015 was CNY 170,153,318.11, an increase of 9.7% from CNY 155,643,416.44 in Q1 2014[31] - Net profit attributable to shareholders for Q1 2015 was CNY 122,010,982.09, up from CNY 116,032,144.34 in the previous year, reflecting a growth of 5.1%[31] - The company's operating revenue for Q1 2015 was ¥704,848,824.45, an increase of 9.1% compared to ¥646,200,008.36 in the same period last year[32] - The net profit for Q1 2015 reached ¥142,494,392.90, representing a significant increase of 116.5% from ¥65,810,191.42 in Q1 2014[32] Cash Flow - Net cash flow from operating activities was negative at CNY -498,439,520.76, an improvement from CNY -547,917,834.42 in the previous year[8] - The total cash inflow from operating activities was ¥1,005,227,792.66, up from ¥455,903,450.89 in the previous year, indicating a growth of 120%[35] - The net cash flow from operating activities was -¥498,439,520.76, an improvement from -¥547,917,834.42 in Q1 2014[35] - The company reported a total cash outflow from investing activities of ¥423,204,735.01, a decrease from ¥1,754,843,411.03 in the same period last year[35] - The net cash flow from financing activities was -¥178,327,042.20, compared to a positive cash flow of ¥1,460,963,367.20 in Q1 2014[35] Assets and Liabilities - Total assets decreased by 1.79% to CNY 27,987,646,897.74 compared to the end of the previous year[8] - The total assets decreased from 28,498,405,348.35 yuan to 27,987,646,897.74 yuan, a reduction of 510,758,450.61 yuan[25] - Total liabilities decreased to CNY 14,523,031,751.72 from CNY 15,319,581,877.52, indicating a reduction of approximately 5.2%[29] - Current assets totaled CNY 6,540,763,447.47, a decline from CNY 6,966,994,315.31 at the start of the year, representing a decrease of 6.1%[28] - Long-term borrowings stood at CNY 1,460,000,000.00, down from CNY 1,536,000,000.00, reflecting a decrease of 4.9%[28] Shareholder Information - The total number of shareholders was 79,138 at the end of the reporting period[11] - The largest shareholder, Yiwu Market Development Group Co., Ltd., held 55.82% of the shares[11] Earnings and Expenses - Basic and diluted earnings per share remained stable at CNY 0.04[8] - Management expenses decreased by 3,510.82 million yuan, a reduction of 26.23% compared to the previous period[15] - Investment income increased by 1,509.00 million yuan, reflecting a significant change from a loss of 247.01 million yuan to a profit of 1,261.99 million yuan[15] Cash and Equivalents - Cash and cash equivalents decreased by 92,445.88 million yuan, a decline of 53.85% from the beginning of the period[15] - The company’s cash and cash equivalents decreased significantly to CNY 320,507,307.08 from CNY 1,061,306,522.85, a decline of 69.8%[28] - The cash and cash equivalents at the end of the period were ¥753,372,959.92, a decrease from ¥1,676,387,139.89 at the beginning of the period[35] Government Support - The company received government subsidies totaling CNY 1,505,581.14, primarily related to solar energy support[8] Taxation - Tax payable decreased by 11,306.45 million yuan, a significant decline of 119.55% compared to the previous period[15] Other Current Assets - Other current assets increased by 20,966.00 million yuan, reflecting a growth of 103.34% compared to the previous period[15] Cash Flow from Investments - Cash received from investment income increased by 2,148.42 million yuan, a rise of 237.19% year-on-year[20] - The total cash inflow from investment activities was ¥176,957,118.00, down from ¥505,748,534.98 in the previous year[36]

Financial Performance - The company achieved operating revenue of CNY 3.84 billion in 2014, an increase of 5.16% compared to CNY 3.65 billion in 2013[28]. - Net profit attributable to shareholders decreased by 42.19% to CNY 408.96 million from CNY 707.47 million in the previous year[28]. - Basic earnings per share fell by 42.31% to CNY 0.15, down from CNY 0.26 in 2013[29]. - The weighted average return on equity decreased by 3.71 percentage points to 4.69% from 8.40% in the previous year[29]. - The total assets of the company rose by 18.40% to CNY 28.50 billion from CNY 24.07 billion in 2013[28]. - The company completed 96.20% of its operating revenue target for the year, achieving CNY 38.43 billion against a target of CNY 39.95 billion[35]. - The company’s operating costs increased by 9.73% year-on-year to 1.993 billion RMB[46]. - Total profit decreased by 42.34% to 543.99 million, mainly due to a 42.22% drop in market operating profit[59]. Cash Flow and Investments - The net cash flow from operating activities increased by CNY 1.46 billion, primarily due to a reduction in cash outflows for purchasing goods and services[30]. - The company achieved a net cash flow from operating activities of 1.132 billion RMB, a significant recovery from a negative cash flow of 326 million RMB in the previous year[46]. - The company reported a total import and export volume of 109.854 million USD from foreign trade operations[47]. - The company has ongoing investments in various sectors, including real estate and e-commerce, with a focus on market expansion and strategic partnerships[72]. - The company confirmed an investment income of 22.08 million RMB from Yiwu Huishang Microfinance Co., Ltd. during the reporting period[74]. Shareholder Information - The controlling shareholder, Yiwushi Guozhi Ziben Yunguan Zhongxin, holds 55.82% of the company's shares as of the end of 2014[23]. - The largest shareholder, Yiwu Market Development Group Co., Ltd., holds 1,519,089,696 shares, representing 55.82% of the total shares[143]. - The total number of shareholders at the end of the reporting period was 69,316, an increase from 65,376 five trading days prior[141]. Dividends and Profit Distribution - The company plans to distribute 1.2 RMB (including tax) in cash dividends per 10 shares and issue 10 bonus shares for every 10 shares held, based on a total share capital of 2,721,607,088 shares as of the end of 2014[2]. - The company reported a cash dividend total of 326,592,850.56 RMB for 2014, representing 79.86% of the net profit attributable to shareholders[107]. - The cash dividend ratio for 2013 was 38.47%, with a total cash dividend of 272,160,708.80 RMB[107]. - The company has maintained a cash dividend policy where the total cash dividends exceed 30% of the net profit attributable to shareholders over the past three years[105]. Risk Management and Compliance - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[3]. - The company has confirmed that there are no non-operational fund occupations by controlling shareholders and their related parties[4]. - The company has not reported any significant litigation or arbitration issues during the reporting period[110]. - The company has not recorded any overdue principal or accumulated returns from its investments, indicating effective risk management[80]. Operational Developments - The company has maintained its main business of small commodity market development and related services since its listing[20]. - The company is focusing on developing a new e-commerce platform, "Yiwu Purchase," to enhance online and offline integration[68]. - The company is actively pursuing a "going out" strategy to expand its market presence, including projects in Tangshan and Shijiazhuang[95]. - The company is investing 1.339 billion RMB in the Yiwu International Production Material Market project, which is currently in the earthwork phase[93]. Governance and Management - The company has a structured approach to remuneration, involving multiple levels of review and approval to ensure compliance with regulatory standards[163]. - The company’s board of directors includes members with extensive academic and managerial experience, such as professors from Fudan University and Zhejiang University[162]. - The company has established a governance structure that complies with relevant laws and regulations, ensuring the independence of its board and supervisory committee[177]. - The company’s management structure appears stable with no significant changes in shareholding or remuneration adjustments during the reporting period[154]. Audit and Financial Reporting - The company received a standard unqualified audit report from Ernst & Young Huaming Accounting Firm[5]. - The audit report was conducted by Ernst & Young Huaming, with the audit number 60709629_B01, for Zhejiang China Small Commodity City Group Co., Ltd. as of December 31, 2014[196]. - The management is responsible for preparing and fairly presenting the financial statements in accordance with accounting standards, including maintaining necessary internal controls[197]. Market Challenges - The company is facing challenges such as a lack of successful precedents for its new business model and insufficient talent to support its transformation[93]. - The hotel industry is under pressure due to reduced government consumption and rising operational costs[103]. - The real estate sector is experiencing a downturn, leading to prolonged inventory turnover periods and cash flow pressures[102]. - The company is navigating risks from weak external demand and intensified international trade competition[101].

Financial Performance - The company's operating revenue for 2013 was CNY 3,654,653,388.78, representing a 1.19% increase compared to CNY 3,611,827,711.15 in 2012[22] - The net profit attributable to shareholders for 2013 was CNY 707,466,255.39, a slight increase of 0.06% from CNY 707,016,443.45 in 2012[22] - The net profit after deducting non-recurring gains and losses was CNY 677,395,602.10, up by 0.46% from CNY 674,285,843.44 in the previous year[22] - The total profit for the year was 943 million yuan, up by 0.08 billion yuan, or 0.86% compared to the previous year[28] - The company completed 106% of its operating revenue target of 3.448 billion yuan and 110.16% of its profit target of 856 million yuan[28] - The company reported a net profit of 10.311 million RMB from Yiwu Small Loan Co., Ltd., while several subsidiaries reported losses, including Yiwu China Commodity City Real Estate Development Co., Ltd. with a net loss of 1.161 million RMB[67] - The company reported a significant rise in short-term borrowings, which increased to CNY 4,231,000,000.00 from CNY 983,170,000.00, highlighting a shift in financing strategy[144] Cash Flow and Liquidity - The net cash flow from operating activities for 2013 was negative CNY 325,596,623.18, a significant decrease of 116.79% compared to CNY 1,938,789,715.60 in 2012[22] - The cash and cash equivalents decreased to CNY 1,011,852,572.19 from CNY 1,303,290,116.82, reflecting a reduction in liquidity[144] - The net cash flow from financing activities increased by RMB 400.01 million, primarily due to a net increase in debt financing of RMB 392.80 million[44] - The cash inflow from sales of goods and services was 4,791,951,428.23 RMB, up from 4,047,733,628.41 RMB in the previous year, marking an increase of approximately 18.4%[152] Assets and Liabilities - Total assets at the end of 2013 reached CNY 24,070,310,678.53, marking a 31.67% increase from CNY 18,281,337,539.50 at the end of 2012[22] - The company's total liabilities reached CNY 14,973,352,937.53, up from CNY 10,018,699,104.33 at the start of the year, indicating a significant increase in leverage[144] - Inventory surged to CNY 8,867,785,498.05, compared to CNY 5,432,066,792.96 at the beginning of the year, indicating a 63.5% increase[144] - The long-term investments rose to CNY 1,516,976,950.59 from CNY 870,143,298.87, indicating a focus on expanding investment activities[144] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 1 per 10 shares to all shareholders based on the total share capital of 2,721,607,088 shares as of the end of 2013[6] - In 2013, the cash dividend distributed was CNY 272.16 million, representing 38.47% of the net profit attributable to shareholders[82] - The company has committed to a cash dividend policy where the cash dividend amount has exceeded 30% of the net profit attributable to shareholders for the past three years[80] Business Strategy and Market Position - The company continues to focus on the development and operation of the small commodity market and related services, with no changes in its main business since its listing[17] - The company aims for a revenue target of CNY 3.995 billion and a total profit of CNY 483 million for 2014[75] - The company plans to address a funding gap of CNY 3 billion in 2014 through various financing methods, including bank loans and short-term financing instruments[77] - The company is positioned to benefit from the deepening of international trade reforms in Yiwu, which is expected to drive sustained growth in foreign trade[73] Governance and Compliance - The company emphasizes improving corporate governance and operational standards to adapt to its rapid business expansion[76] - The company actively engages with shareholders, ensuring their rights are protected and that they are informed about major company matters[124] - The company has established a performance evaluation mechanism for senior management, linking compensation to performance metrics[133] Research and Development - Research and development expenses increased by 241.97% to CNY 7,661,195.17 from CNY 2,240,292.20 in the previous year, accounting for 0.21% of operating revenue[36][41] - Research and development expenses increased by 30%, totaling $150 million, reflecting the company's commitment to innovation[183] Market Expansion and Future Outlook - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by the end of 2024[176] - The company plans to enhance its e-commerce capabilities through the "Yiwu Purchase" platform and B2R channels, aiming for a new growth point in cross-border e-commerce[73] - The company plans to implement a new customer loyalty program aimed at increasing retention rates by 15% over the next year[179] Legal and Regulatory Matters - The company is involved in several ongoing lawsuits, with amounts including 644.138 million RMB for a rental dispute and 420.2846 million RMB for a construction contract dispute[84] - The company has reported a total of 1,089.22281 million RMB in related party transactions, primarily for office space rental and management fees[87]

Financial Performance - Operating revenue for the first nine months rose by 9.65% to CNY 2.97 billion year-on-year[6] - Net profit attributable to shareholders decreased by 47.99% to CNY 320.98 million compared to the same period last year[6] - Basic earnings per share dropped by 47.83% to CNY 0.12 per share[6] - The company anticipates a significant net profit decline of approximately 50% compared to the previous year, due to rental reductions and increased financial costs[14] - Total operating revenue for the third quarter reached ¥1,006,360,284.08, an increase of 7.8% compared to ¥933,213,678.89 in the same period last year[25] - Net profit for the quarter was ¥118,674,619.45, a decrease of 44.2% from ¥212,631,317.72 in the previous year[27] - The company reported a total profit of ¥204,630,796.44, compared to ¥279,872,612.97 in the previous year, reflecting a decline of 26.8%[25] - Investment income for the quarter was ¥12,226,858.56, down from ¥16,931,069.12 year-over-year[25] - Operating profit for the quarter was ¥177,657,188.99, a decrease of 35.6% from ¥276,306,200.63 in the same period last year[25] - Total comprehensive income for the quarter was ¥118,714,723.56, compared to ¥212,627,368.53 in the same period last year, reflecting a decrease of 44.2%[27] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -213.38 million, a decline of 158.64% year-on-year[6] - Cash flow from operating activities decreased by 34.04% to 221,976.52 million, impacted by reduced market fees and sales receipts[13] - The net cash flow from operating activities for the first nine months was -213,382,840.07 RMB, a decrease from 363,858,254.37 RMB in the same period last year[34] - Total cash inflow from investment activities was 2,641,449,542.60 RMB, significantly higher than 738,192,052.40 RMB in the previous year[34] - The net cash flow from investment activities was -2,389,765,742.51 RMB, worsening from -1,716,926,439.33 RMB year-over-year[34] - Cash inflow from financing activities totaled 9,022,160,000.00 RMB, an increase from 5,995,585,000.00 RMB in the same period last year[35] - The net cash flow from financing activities was 2,381,230,307.54 RMB, up from 1,910,334,343.92 RMB year-over-year[35] - The total cash and cash equivalents at the end of the period was 698,389,835.67 RMB, down from 1,835,229,723.40 RMB at the end of the previous year[35] - Cash received from sales of goods and services was 2,219,765,219.75 RMB, a decline from 3,365,538,086.05 RMB in the same period last year[34] - Cash paid for purchasing goods and services was 1,479,028,568.57 RMB, down from 2,070,300,121.93 RMB year-over-year[34] Assets and Liabilities - Total assets increased by 9.72% to CNY 26.41 billion compared to the end of the previous year[6] - Current assets rose to CNY 11.34 billion, up from CNY 10.44 billion, indicating an increase of about 8.6%[20] - Inventory increased significantly to CNY 9.43 billion, compared to CNY 8.87 billion, reflecting a growth of approximately 6.3%[20] - Total liabilities grew to CNY 17.25 billion from CNY 14.97 billion, marking an increase of around 15.2%[20] - Short-term borrowings decreased to CNY 3.54 billion from CNY 4.23 billion, a reduction of about 16.3%[20] - Long-term borrowings increased by 74.76% to 182,100.00 million, driven by rising financing needs[11] - The company's equity increased to CNY 9.16 billion from CNY 9.09 billion, reflecting a growth of about 0.8%[20] - The cash and cash equivalents decreased to CNY 731.41 million from CNY 1.01 billion, a decline of approximately 27.7%[20] - Accounts receivable increased by 117.08% to 15,419.15 million, primarily due to increased sales[11] - Prepayments surged by 2306.98% to 38,451.44 million, attributed to land payments and increased advertising prepayments[11] Shareholder Information - The total number of shareholders reached 98,820 by the end of the reporting period[9] - The largest shareholder, Yiwu Market Development Group Co., Ltd., holds 55.82% of the shares[9] Government Support - Government subsidies recognized in the current period amounted to CNY 3.30 million, contributing to the financial results[8] - The company reported a total of CNY 47.63 million in non-recurring gains and losses for the current period[8]

Financial Performance - The company achieved operating revenue of CNY 1,965,194,138.37, an increase of 10.59% compared to the same period last year[16]. - Net profit attributable to shareholders decreased by 50.28% to CNY 201,397,700.16, primarily due to a 46.97% reduction in profit[16]. - The total profit for the period was CNY 28,900,000, a decrease of 46.97% year-on-year, attributed to increased financial costs and reduced investment income[19]. - The company reported a basic earnings per share of CNY 0.07, down 53.33% from CNY 0.15 in the same period last year[16]. - The total profit for the reporting period is RMB 289 million, a decrease of RMB 255 million or 46.97% year-on-year, primarily due to increased financial expenses and reduced market profits[22]. - The company reported a projected net profit decline of approximately 50% compared to the previous year, primarily due to rental reductions and increased financial costs[42]. - The net profit for the first half of 2014 was CNY 198,548,020.25, down from CNY 405,038,742.63, indicating a decline of approximately 51%[66]. - The total profit for the first half of 2014 was CNY 288,677,653.91, down from CNY 544,374,706.79, a decrease of approximately 47%[66]. - Comprehensive income for the first half of 2014 was CNY 198,549,672.83, down from CNY 405,043,205.81, reflecting a decline of about 51%[66]. Cash Flow and Investments - The net cash flow from operating activities showed a significant improvement, with a net outflow of CNY 150,201,461.83, a reduction of 89.9% compared to the previous year[16]. - The net cash flow from operating activities improved significantly, with a net cash flow of -RMB 150,201,461.83, a decrease of 89.9% compared to -RMB 1,462,283,665.57 in the previous year[21]. - Investment activities generated a net cash outflow of RMB 1,675,033,034.55, an increase of 198.51% compared to RMB -586,472,052.08 in the previous year[21]. - Cash flow from operating activities increased to CNY 1,407,553,645.36 compared to CNY 749,917,057.53 in the previous year, showing a growth of approximately 87.7%[72]. - Total cash inflow from investment activities reached ¥1,539,026,343.20, while cash outflow was ¥3,215,118,970.37, resulting in a net cash outflow of ¥1,676,092,627.17[73]. - Cash inflow from financing activities amounted to ¥5,291,900,000.00, with a net cash inflow of ¥1,435,626,779.21 after accounting for cash outflows of ¥3,856,273,220.79[73]. Assets and Liabilities - Total assets increased by 5.36% to CNY 25,359,851,820.06, while net assets attributable to shareholders rose by 2.32% to CNY 8,882,180,402.12[16]. - The company's total liabilities reached CNY 16.06 billion, up from CNY 14.97 billion at the beginning of the year, indicating an increase of about 7.26%[61]. - The total equity attributable to shareholders was CNY 8.88 billion, compared to CNY 8.68 billion at the start of the year, reflecting a growth of approximately 2.3%[61]. - The company reported a decrease in cash and cash equivalents, which fell to CNY 558.08 million from CNY 1.01 billion, a decline of approximately 44.8%[60]. - The company’s long-term borrowings increased to CNY 1.58 billion from CNY 1.04 billion, reflecting a growth of approximately 52%[62]. - The total non-current liabilities rose to CNY 3.53 billion from CNY 2.99 billion, indicating an increase of about 18%[61]. Shareholder Information - The total number of shareholders at the end of the reporting period was 115,109[51]. - The largest shareholder, Yiwu Market Development Group Co., Ltd., holds 55.82% of the shares, totaling 1,519,089,696 shares[51]. - Zhejiang Financial Development Company holds 2.71% of the shares, totaling 73,733,264 shares[51]. - The top ten shareholders did not experience any changes in their shareholdings during the reporting period[51]. - There were no changes in the controlling shareholder or actual controller during the reporting period[53]. - The company did not have any preferred shares during the reporting period[55]. Strategic Development - The company plans to continue focusing on its strategic development and key projects to adapt to changing economic conditions[19]. - The company plans to achieve an annual operating revenue target of RMB 3,995 million, having completed 49.17% of this target with RMB 1,965 million in the reporting period[23]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[73]. Legal and Compliance - The company is currently involved in several legal disputes, including a rental contract dispute with a potential liability of RMB 1,127,286[44]. - The company has not faced any administrative penalties or public reprimands from the China Securities Regulatory Commission during the reporting period[49]. - The financial statements have been approved by the board of directors and will be submitted for shareholder review, ensuring compliance with corporate governance standards[84]. Investment Activities - The company is actively managing its investment projects, with some in the preparatory phase impacting overall profitability[19]. - The company has engaged in various wealth management products, with a total principal amount of 173,000 million RMB and actual income of 725.81 million RMB from these investments[32]. - The company has a total of 38,000 million RMB in fixed income products, yielding 64.96 million RMB in returns[31]. - The company has a total of 200 million RMB in investment losses recognized under the equity method, amounting to 7.5 million RMB[30]. - The company has expanded its investment portfolio through various partnerships and joint ventures, enhancing its market presence[30]. Research and Development - Research and development expenses increased by 93.02% to RMB 2,731,998.02 from RMB 1,415,409.42 in the previous year, indicating a focus on innovation[20].

Financial Performance - Operating revenue rose by 10.46% to CNY 912.92 million year-on-year[13] - Net profit attributable to shareholders decreased by 45.45% to CNY 116.03 million compared to the same period last year[13] - The company forecasts a potential net profit decline of over 50% compared to the same period last year, primarily due to rental reductions and losses from newly opened projects[22] - Operating profit decreased to CNY 155,643,416.44 from CNY 279,267,598.45, a decline of about 44%[30] - The net profit for Q1 2014 was ¥65.81 million, down 70.69% from ¥224.35 million in Q1 2013[32] - The total profit for Q1 2014 was ¥90.09 million, down 69.66% from ¥297.07 million in Q1 2013[32] Assets and Liabilities - Total assets increased by 3.38% to CNY 24.88 billion compared to the end of the previous year[13] - Total assets as of March 31, 2014, amounted to CNY 22,078,659,017.57, compared to CNY 21,096,651,298.21 at the beginning of the year, showing an increase of about 4.6%[27] - Total liabilities increased to CNY 13,588,262,036.32 from CNY 12,672,064,508.38, an increase of approximately 7.2%[27] - Long-term receivables increased by CNY 436.78 million due to financial support provided to a joint venture[17] - Long-term receivables increased by 52.69% year-on-year to 1.27 billion RMB, indicating growth in financial assets[18] Cash Flow - Net cash flow from operating activities improved to -CNY 547.92 million, a reduction in loss compared to -CNY 1.15 billion in the previous year[13] - Cash received from other operating activities increased significantly by 656.10% year-on-year to 116.18 million RMB, mainly due to the maturity of fixed deposits and pre-allocated funds[21] - Cash paid for purchasing goods and services rose by 30.58% year-on-year to 634.29 million RMB, reflecting increased payments related to real estate project progress[21] - The net cash flow from operating activities was -¥372.55 million, an improvement from -¥1.14 billion in Q1 2013[36] - Cash and cash equivalents at the end of Q1 2014 were ¥275.84 million, compared to ¥224.26 million at the end of Q1 2013[36] Expenses - Sales expenses increased by 182.97% year-on-year, amounting to 52.17 million RMB, primarily due to the operational costs of the newly opened Crowne Plaza Hotel and increased marketing investments[19] - Management expenses rose by 47.62% year-on-year to 133.87 million RMB, mainly due to an increase in tax-related expenses[19] - Financial expenses surged by 162.19% year-on-year to 100.99 million RMB, attributed to the increase in interest-bearing liabilities and the cessation of capitalizing interest for new projects[20] - The company reported a significant increase in sales expenses, which rose to ¥54.18 million from ¥17.04 million, marking a 218.56% increase year-over-year[32] Shareholder Information - The number of shareholders reached 118,593 by the end of the reporting period[15] - The company reported a basic earnings per share of CNY 0.04, down from CNY 0.08 in the previous year[30] - Basic and diluted earnings per share for Q1 2014 were both ¥0.02, compared to ¥0.08 in the same period last year[32] Financing Activities - The company issued short-term financing bonds amounting to CNY 1.2 billion during the reporting period[17] - The company issued short-term financing bonds, resulting in cash inflow of 1.20 billion RMB during the reporting period[21] - The company raised ¥2.79 billion through borrowings in Q1 2014, compared to ¥996.77 million in the same period last year[36]