CNPCCCL(SZ:000617)2016-12-29 16:00Financial Performance Expectations - The company expects a net profit attributable to shareholders of between ¥500 million and ¥550 million for the year 2016, compared to a loss of ¥76.18 million in the previous year[2] - Basic earnings per share are projected to be between ¥0.55 and ¥0.61, a significant improvement from a loss of ¥0.26 per share in the previous year[2] Asset Restructuring - The company has completed a major asset restructuring, acquiring 100% equity of China Petroleum Group Capital from China National Petroleum Corporation, which is expected to contribute to the turnaround in profitability[6] - The asset transfer and restructuring were officially completed on December 26, 2016, with the new subsidiary, China Petroleum Group Capital, expected to be included in the consolidated financial statements for 2016[7] Previous Financial Performance - The company’s 2015 net profit attributable to shareholders was ¥5.997 billion, with basic earnings per share of ¥0.66[3] Investor Awareness - The financial data for 2016 will be finalized and disclosed in the official annual report, emphasizing the importance of investor awareness regarding investment risks[9]