ZFTC(SH:600794) Zheng Quan Zhi Xing·2025-03-28 08:13Core Viewpoint - The annual shareholder meeting of Zhangjiagang Free Trade Technology (Group) Co., Ltd. was held on April 11, 2025, to discuss the company's performance and governance in 2024, highlighting a significant decline in revenue and net profit compared to the previous year. Group 1: Meeting Overview - The meeting was chaired by Chairman Ji Zhongming and included various agenda items such as the report on shareholder attendance and the voting process for several proposals [1]. - The board of directors reported on the company's adherence to legal regulations and improvement in corporate governance [1][2]. Group 2: Board and Committee Activities - In 2024, the board held 11 meetings and approved 43 proposals, covering topics like financial reports, profit distribution, and external investments [2][3]. - The board's specialized committees, including the audit, nomination, compensation, and strategic development committees, convened a total of 14 times during the year [3]. Group 3: Financial Performance - The company reported a total revenue of approximately 899.88 million yuan in 2024, a decrease of 39.96% from 1.5 billion yuan in 2023 [16][23]. - The net profit attributable to shareholders was 21.99 million yuan, down 12.29% from the previous year [16][23]. - The basic earnings per share decreased by 19.05%, from 0.21 yuan to 0.17 yuan [16]. Group 4: Shareholder Returns - The company implemented profit distributions for the fiscal year 2023 and the first half of 2024, with cash dividends totaling approximately 100 million yuan [4]. Group 5: Governance and Compliance - The board emphasized compliance with the Securities Law and the Shanghai Stock Exchange listing rules, enhancing internal control systems and information disclosure practices [4][5]. - The company published four periodic reports and 46 announcements throughout the year, ensuring transparency and adherence to confidentiality regarding sensitive information [4]. Group 6: Future Plans - The company plans to continue improving governance, maintaining investor relations, and ensuring compliance with legal obligations in 2025 [7][15].