2015-01-29 16:00Financial Performance - The company expects a net profit of approximately RMB 300 million for the year 2014, a significant turnaround from a net loss of approximately RMB 2.30 billion in 2013[4] - The increase in revenue is attributed to a recovery in international oil transportation market rates, leading to a substantial year-on-year growth in related operating income[5] - The company implemented effective cost control measures, particularly in fuel and labor costs, contributing to improved profitability[5] Government Support - The company received government subsidies of approximately RMB 456 million for ship scrapping and renewal in the second half of 2014[6] Financial Reporting - The financial data provided is preliminary and subject to final audit in the official annual report[7]