LANGOLD(SZ:002305)2014-04-27 16:00Financial Performance - The company's operating revenue for Q1 2014 was CNY 343,149,713.25, representing a 77.9% increase compared to CNY 192,889,589.47 in the same period last year[7] - Net profit attributable to shareholders for Q1 2014 was CNY 62,446,706.77, a significant increase of 211.53% from CNY 20,045,203.85 year-on-year[7] - The net profit after deducting non-recurring gains and losses was CNY 62,393,817.30, up 208.96% from CNY 20,194,913.11 in the previous year[7] - Basic and diluted earnings per share for Q1 2014 were both CNY 0.06, reflecting a 200% increase from CNY 0.02 in the previous year[7] - The net profit attributable to shareholders for the first half of 2014 is expected to be between 10,494.86 million and 12,827.05 million RMB, reflecting a change of -10% to 10% compared to the same period in 2013[16] - The net profit for the first half of 2013 was 11,660.95 million RMB[16] - The company confirms that the expected net profit for the first half of 2014 is a positive value and does not represent a turnaround from a loss[16] Cash Flow and Assets - The net cash flow from operating activities improved to -CNY 313,094,884.31, a 34.3% improvement from -CNY 476,566,784.54 in the same period last year[7] - Total assets at the end of the reporting period were CNY 8,646,919,798.62, a 7.92% increase from CNY 8,012,229,035.92 at the end of the previous year[7] - The net assets attributable to shareholders increased to CNY 2,668,168,034.84, up 2.4% from CNY 2,605,721,328.07 at the end of the previous year[7] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,820[9] - The top shareholder, Xu Xiaoming, holds 41.27% of the shares, amounting to 398,611,128 shares, with a portion being pledged[9] Corporate Actions - China Hydroelectric Construction Group Real Estate Co., Ltd. plans to acquire up to 109,994,658 shares of Wuhan Nanguo Real Estate Co., Ltd., which is currently in progress[12]