东方盛虹(000301) - 2017 Q1 - 季度业绩预告

Financial Performance - The company expects a net loss for Q1 2017, with a decrease of 100% to 70% compared to the adjusted net profit of 36.29 million yuan in the same period last year [2]. - Basic earnings per share are projected to be between 0 yuan and 0.009 yuan, down from 0.03 yuan in the previous year [2]. - The significant loss is attributed to the operational losses of the wholly-owned subsidiary Jiangsu Shengze Dongfang Textile City Development Co., Ltd. [4]. Share Transfer and Agreements - The company signed a share transfer agreement with Zhongxin Trust for the sale of 80% equity in Dongfang Textile City for 173.07 million yuan [4]. Project Impact - The completion of the BT project has resulted in a decrease in financing income for the current period [5]. Forecast and Disclosure - The performance forecast is based on preliminary estimates by the company's finance department, with final figures to be disclosed in the Q1 2017 report [6]. - The company emphasizes the importance of timely information disclosure and warns investors to be aware of investment risks [6].