Financial Performance - The company reported a basic earnings per share of -0.0400 yuan for Q1 2025, a decrease of 300% compared to Q1 2024's -0.0100 yuan and a decline from Q1 2023's 0.0200 yuan [1] - The operating revenue for Q1 2025 was 1.24 billion yuan, down 41.78% from 2.13 billion yuan in Q1 2024 and significantly lower than 3.73 billion yuan in Q1 2023 [1] - The net profit for Q1 2025 was -0.52 billion yuan, representing a 160% decrease from -0.2 billion yuan in Q1 2024 and a drop from 0.31 billion yuan in Q1 2023 [1] - The return on equity for Q1 2025 was -1.51%, a decline of 184.91% compared to -0.53% in Q1 2024 and a decrease from 0.91% in Q1 2023 [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 115,346.78 million shares, accounting for 84.97% of the circulating shares, with an increase of 647,000 shares compared to the previous period [2] - Guangzhou Urban Construction Investment Group Co., Ltd. holds 69,274.34 million shares, representing 51.03% of the total share capital, with no change [2] - Guangzhou Industrial Investment Holding Group Co., Ltd. holds 22,277.70 million shares, accounting for 16.41%, also unchanged [2] - The Guangdong Provincial Finance Department holds 10,172.45 million shares, representing 7.49%, with no change [2] - A new entry in the top shareholders is Qu Binhui, holding 456.45 million shares, which accounts for 0.34% [2] Dividend Policy - The company has decided not to distribute dividends or transfer shares this time [3]
珠江钢琴:2025一季报净利润-0.52亿 同比下降160%