2017-01-25 16:00Financial Performance - The estimated net profit for 2016 is projected to be between RMB 1.8 billion and RMB 2.1 billion, representing a year-on-year growth of 51% to 76%[2] - The adjusted net profit for 2015 was approximately RMB 1.191 billion, with a basic earnings per share of RMB 0.2988[4] Factors Influencing Performance - The significant increase in 2016's performance is attributed to major asset restructuring and disposal gains from the sale of a subsidiary engaged in dry bulk shipping[5] - Cost control measures, particularly in fuel costs, have shown significant effectiveness contributing to the improved performance[5] - The projected net profit includes special subsidies received for ship scrapping and new construction, as well as gains and losses from ship disposals[5] Estimates and Audits - The company emphasizes that the above estimates are preliminary and subject to final audited results in the 2016 annual report[6]