SHCI(SH:601225)2017-01-17 16:00Financial Performance - The company expects a net profit attributable to shareholders of between 250,000 million and 300,000 million yuan for the year 2016, marking a turnaround from a loss in the previous year [4]. - In the same period last year, the company reported a net loss of 298,854.16 million yuan and an earnings per share of -0.30 yuan [6]. Factors Contributing to Performance Improvement - The significant improvement in performance is attributed to a substantial increase in coal prices, with an average price increase of approximately 55 yuan per ton since Q2 2016 [8]. - The company's coal resources have favorable conditions, characterized by low phosphorus, low sulfur, low ash, and high calorific value, supporting the improvement in performance [8]. Strategic Actions - The company restructured by disposing of high-cost loss-making mines and acquiring the newly built Wenjiapo mine, optimizing its asset structure [8]. - The company has been advancing mine upgrades and transformations, implementing new technologies such as the 110-N00 mining method and intelligent mining [8]. Financial Reporting - The financial data provided is preliminary and subject to final confirmation in the official 2016 annual report [9].