TOSPO(603303) 证券之星·2025-03-27 11:03Core Viewpoint - The company is preparing for its 2024 Annual General Meeting (AGM), where various proposals will be discussed, including financial reports, profit distribution, and future plans for investment and financing [1][5][6]. Meeting Procedures - Shareholders must register 30 minutes before the meeting and present necessary identification to attend [2][4]. - The meeting will be conducted with a combination of on-site and online voting [3][4]. - A lawyer will witness the meeting and provide legal opinions on the proceedings [3][4]. Agenda Items - The AGM will cover multiple proposals, including: - Approval of the 2024 Annual Report and summary [5]. - Review of the Board of Directors' and Supervisory Board's work reports for 2024 [6][12]. - Financial statements and profit distribution proposals for 2024 [20][21]. - Appointment of the auditing firm for 2025 [22]. - Proposals for bank credit limits and guarantees for subsidiaries [27][30]. - Plans for foreign exchange derivative transactions to mitigate currency risk [32][34]. - Expected daily related transactions with affiliated companies [34] Financial Performance - The company reported a revenue of 4.431 billion yuan in 2024, a decrease of 5.66% year-on-year, with a net profit of 347 million yuan, down 7.53% [7][18]. - The lighting business generated 3.785 billion yuan, a decline of 6.35%, while the automotive segment earned 596 million yuan, down 4.43% [7][18]. Future Plans - The company aims to expand its market share in both consumer and commercial lighting sectors and enhance its automotive business [12][18]. - The 2025 plan includes applying for a total credit limit of up to 3.2 billion yuan from various banks to support operational cash flow [27]. - The company intends to provide guarantees of up to 2.3 billion yuan for its subsidiaries to support their financing needs [30]. Governance and Compliance - The Supervisory Board has conducted regular meetings to ensure compliance with laws and regulations, maintaining oversight of the company's operations [13][15]. - The company emphasizes the importance of internal controls and has established a robust system to ensure legal and operational compliance [17]. Shareholder Engagement - The company is committed to maintaining open communication with investors and has implemented various channels for feedback and information dissemination [9]. - Shareholders are encouraged to participate actively in the AGM, exercising their rights to speak, inquire, and vote on the proposals presented [2][4].