SJA(600609) 证券之星·2025-04-02 13:52Core Viewpoint - The company plans not to distribute profits for the fiscal year 2024 and will not implement capital reserve transfers to increase share capital [1][2][3] Profit Distribution Plan - The profit distribution proposal has been approved by the company's 10th Board of Directors and the 10th Supervisory Board, and it will be submitted for review at the 2024 annual shareholders' meeting [2][3] - As of the end of 2024, the company's undistributed profits stand at negative RMB 1.386 billion [1] Rationale for No Profit Distribution - The company emphasizes the importance of reasonable returns for investors while considering sustainable development, stating that profit distribution cannot exceed cumulative distributable profits [2] - Given the current negative profit situation, the company is not in a position to distribute profits [2] - The decision takes into account the company's development stage and economic environment, along with legal restrictions [2] Share Buyback Initiative - The company has completed a share buyback plan amounting to RMB 50.4451 million (excluding transaction fees) to enhance investor returns [2] Decision-Making Process - The Board of Directors and Supervisory Board meetings held on April 1, 2025, approved the profit distribution proposal, with the Supervisory Board voting unanimously in favor [3]