
Financial Performance - Total operating revenue for 2016 was CNY 695,147.45 million, an increase of 10.60% compared to the previous year[2] - Net profit attributable to shareholders was CNY 279,178.47 million, reflecting a growth of 10.28% year-on-year[2] - The total profit for 2016 was CNY 369,918.42 million, which represents a 9.43% increase from the previous year[2] - Basic earnings per share increased to CNY 1.45, up 10.69% from CNY 1.31 in the previous year[2] - Total assets at the end of 2016 reached CNY 2,694,411.96 million, a 5.09% increase from the beginning of the year[2] - The weighted average return on equity was 13.11%, an increase of 0.06 percentage points compared to the previous year[2] - Investment income rose to CNY 72,979.78 million, marking a 19.94% increase year-on-year[2] Market Conditions - The company experienced strong growth in business volume, exceeding initial expectations due to favorable market conditions[3] - The aviation industry maintained rapid growth, supported by low international oil prices and increased consumer spending[3] Challenges - The company faced challenges such as resource shortages and heightened security levels but managed to achieve steady performance improvement[3]