CNRE(SH:600111)2014-04-23 16:00Financial Performance - The net profit attributable to shareholders for Q1 2014 decreased by 71.71% year-on-year[1] - The sales revenue for Q1 2013 was 2.3 billion yuan, with significant contributions from key customers[1] - In Q1 2014, the company did not sell products to key customers, impacting overall performance[1] Market Conditions - The price of lanthanum and cerium products, which are the company's largest output, fell by 60% compared to the same period last year[1] - Despite adverse market conditions, the company strengthened internal management and increased marketing efforts to mitigate profit reduction[2] - When excluding the impact of key customer sales and market price declines, the company's sales profit remained stable compared to the previous year[2]