2016-04-11 16:00Financial Performance - The company's operating revenue for Q1 2016 was RMB 2.94 billion, down 51.55% year-on-year [5]. - The total profit for Q1 2016 was RMB 1.34 billion, reflecting a year-on-year decline of 63.85% [5]. - Net profit attributable to shareholders was RMB 1.05 billion, a decrease of 47.55% compared to the same period last year [5]. - Basic earnings per share for Q1 2016 were RMB 0.07, down 46.15% year-on-year [5]. - The weighted average return on equity was 2.09%, a reduction of 2.96 percentage points from the previous year [5]. Assets and Net Worth - In Q1 2016, the company reported total assets of RMB 311.76 billion, a decrease of 6.53% compared to the beginning of the year [3]. - Net assets attributable to shareholders amounted to RMB 50.04 billion, a slight decrease of 0.39% from the beginning of the year [5]. - The company’s net asset per share was RMB 3.37, down 0.30% compared to the beginning of the year [5]. Market Environment and Strategy - The decline in performance metrics was primarily due to the adverse market environment affecting the company's securities brokerage, proprietary trading, and asset management businesses [5]. - The company is actively expanding into investment management and diversified financial services, including investments in other financial sectors such as banking [5].