CMES(601872) 证券之星·2025-03-27 14:17Core Points - The board of directors of China Merchants Energy Transportation Co., Ltd. held its 18th meeting of the 7th session on March 14, 2025, to discuss various proposals and reports [1][2][3] Group 1: Meeting Overview - The meeting was conducted both in-person and via video conference, with 11 out of 12 directors present [1] - Independent director Zou Yingying was absent due to overseas duties but provided a written opinion [1] Group 2: Resolutions Passed - The board approved the 2024 annual work report and the general manager's work report, both to be submitted for shareholder approval [2] - The independent directors' annual performance reports and independence assessment were also approved [2] - The audit committee's annual performance report and the evaluation report on the accounting firm were passed [3][4] Group 3: Financial Reports and Profit Distribution - The board approved the 2024 financial settlement report and proposed a cash dividend of RMB 1.56 per 10 shares, totaling approximately RMB 2.08 billion, which is 40.70% of the net profit [4][5] - The total cash distribution, including share buybacks, amounts to approximately RMB 2.21 billion [5] Group 4: Future Plans and Authorizations - The board proposed to apply for a standby credit limit of up to USD 8.506 billion from domestic and foreign banks for the period from May 1, 2025, to April 30, 2026 [6][7] - The board also authorized a donation of up to RMB 15 million to the China Merchants Charity Foundation for 2025 [8][9] Group 5: Governance and Compliance - The board approved the 2024 ESG report and the internal control evaluation report [9][10] - The board also discussed the authorization for mid-term dividends and the cancellation of unexercised stock options from the second stock option incentive plan [11][12]