North Copper(SZ:000737)2017-01-25 16:00Financial Performance - Total assets at the end of the reporting period decreased by 3.46% to CNY 2,908,821,759.97 compared to the end of the previous year[8]. - Net assets attributable to shareholders decreased by 59.75% to CNY 59,568,685.55 compared to the previous year[8]. - Operating revenue for the reporting period was CNY 481,602,303.18, a decrease of 4.19% year-on-year[8]. - Net profit attributable to shareholders was a loss of CNY 14,792,661.33, an increase in loss of 72.04% compared to the same period last year[8]. - The weighted average return on net assets was -14.25%, a decrease of 5.58% compared to the previous year[8]. - There are no significant changes expected in the cumulative net profit for the year compared to the same period last year[22]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 47,962[12]. - The largest shareholder, Shanxi Coking Coal Yuncheng Salt Chemical Group Co., Ltd., holds 25.69% of the shares, totaling 140,970,768 shares[12]. Cash Flow - Cash flow from operating activities increased by 65.46% to CNY 170,775,929.22 year-to-date[8]. - Cash flow from investment activities increased by 80.69% compared to the same period last year[16]. Equity Transfer - The company transferred 100% equity of its wholly-owned subsidiary, Xi'an Nanfeng Toothpaste Co., Ltd., and 40% equity of its affiliated company, Huai'an Nanfeng Salt Chemical Co., Ltd., to Shanxi Coking Coal Yuncheng Salt Chemical Group Co., Ltd. for a total amount of 52.8 million yuan[17]. - The transfer of equity was approved by the company's board meeting and the first extraordinary general meeting of shareholders held on October 14, 2016[17]. Corporate Governance - The company has committed to maintaining its independence and will not interfere with the normal operations of the listed company, ensuring the protection of minority shareholders' interests[20]. - The company has stated that it will strictly adhere to legal regulations to avoid and minimize related party transactions[20]. Other Information - The balance of receivable notes decreased by 35.68% compared to the beginning of the year[16]. - The company reported no involvement in securities or derivative investments during the reporting period[23]. - The company conducted telephone communications regarding its salt lake resources and production operations on July 7 and September 7, 2016, respectively[24].