Jingyi shares today released its annual results for 2012, showing a substantial loss. Affected by the sharp decline in copper prices in the second half of 2011 and the reduction in demand in the air conditioning and refrigeration industry in the fourth quarter, the company's gross profit margin dropped sharply during the settlement process, and the company's full-year profit showed negative growth. During the reporting period, the company achieved operating income of 2.5493123 billion yuan, down 1.31% from the same period last year, and operating profit of 1.1848 million yuan, down 98.70% from the same period last year. The net profit was 21.4946 million yuan, down 67.82% from the same period last year. Dragged down by the decline in performance, the company's earnings per share were 0.1015 yuan, down 67.81 percent from the same period last year, and the net assets per share belonging to shareholders of listed companies were 3.93 yuan, down 33.28 percent from the same period last year.