GUOFENG(SZ:000859)2016-04-29 16:00Financial Performance - Revenue for Q1 2016 was CNY 223,104,367.30, a decrease of 5.38% compared to CNY 235,778,692.27 in the same period last year[8] - Net profit attributable to shareholders was a loss of CNY 9,508,302.37, representing an increase in loss of 11.28% from a loss of CNY 8,544,390.78 year-on-year[8] - The net cash flow from operating activities was CNY -851,781.66, a decline of 110.70% compared to CNY 7,958,599.70 in the previous year[8] - Total assets at the end of the reporting period were CNY 1,859,571,055.00, down 4.05% from CNY 1,938,075,325.77 at the end of the previous year[8] - The weighted average return on equity was -0.68%, slightly down from -0.62% in the previous year[8] - The company experienced a significant decrease in cash and cash equivalents by 61.79% due to repayments of loans and project payments[16] - The company’s non-operating income decreased by 62.95% due to a reduction in other gains during the reporting period[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 56,961[12] - The largest shareholder, Hefei Industrial Investment Holding Group Co., Ltd., held 24.46% of the shares, totaling 180,865,077 shares[12] - The transfer of 175,679,681 state-owned shares from Anhui Guofeng Group to Hefei Industrial Investment Holding Group was completed on March 18, 2016, changing the controlling shareholder[17] - The company has committed to increase its shareholding by no less than 10 million shares at a price not exceeding 5.5 CNY per share, with a total of 5.1854 million shares accumulated as of March 18, 2016[20] Future Expectations - There are no significant changes in the company's net profit expected for the first half of 2016 compared to the same period last year[21] Compliance and Governance - The company has not engaged in any securities or derivative investments during the reporting period[22][24] - There are no violations regarding external guarantees during the reporting period[24] - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[25]