Naikun Wind Energy Group Inc. announced financial results for the third quarter ended June 30, 2016. For the three months ended June 30, 2016, the company incurred a net loss of $0.1 million or $0.003 per share, compared to $0.3 million or $0.01 per share for the three months ended June 30, 2015. The company has reduced cash operating expenditures over the last couple of quarters to a level that will sustain operations through fiscal 2016 and the company is in the midst of a private placement that should further sustain operations through fiscal 2018.

The company announced that it is moving its offices and effective immediately the company's offices will be located at #570 ­ 355 Burrard Street, Vancouver, BC V6C 2G8, with all phone numbers remaining unchanged.