SJFW(SH:600616) Sou Hu Cai Jing·2025-04-02 11:52Core Viewpoint - Jin Feng Wine Industry (SH600616) reported its 2024 annual results, showing a slight increase in revenue but a significant decline in net profit compared to the previous year [1][2]. Financial Performance - In 2024, the company achieved an operating income of 578 million yuan, a year-on-year increase of 0.87% [2]. - The net profit attributable to shareholders was 5.76 million yuan, representing a 94.49% decrease compared to the previous year [1][2]. - The adjusted net profit after excluding non-recurring gains and losses was -1.41 million yuan, compared to -52.97 million yuan in 2023 [2]. Employee Statistics - As of 2024, the total number of employees at Jin Feng Wine Industry was 689, a decrease of 88 employees or 11.33% from 777 in 2023 [2][3]. - The number of employees in the parent company was 197, while the main subsidiaries had 492 employees [3]. Corporate Governance - The 2024 annual report is the first under the leadership of Zhu Yong, who was appointed as the chairman of Jin Feng Wine Industry on March 22, 2024 [4]. - Zhu Yong has a background in engineering and has held various managerial positions within the company and its subsidiaries [4]. Regulatory Issues - On December 31, 2024, the company received a warning letter from the China Securities Regulatory Commission regarding non-compliance with information disclosure obligations related to a significant compensation amount of no less than 190 million yuan for property acquisition [6]. - The previous chairman and secretary of the board were held primarily responsible for the disclosure violations [6].