Shanghai YanPu(605128) 证券之星·2025-04-03 09:17Core Points - The company, Shanghai Yanpu Metal Products Co., Ltd, is preparing for its 2024 Annual General Meeting (AGM) scheduled for April 18, 2025, to discuss various proposals including financial reports and profit distribution [1][5][24]. Group 1: Meeting Procedures - Shareholders must present identification and relevant documents for registration to attend the AGM [2][3]. - The meeting will combine on-site and online voting, allowing shareholders to exercise their voting rights based on the number of shares they represent [4][5]. - The meeting will include a series of proposals for voting, including the annual work reports from the board and supervisory committee, financial reports, and profit distribution plans [6][8][30]. Group 2: Financial Performance - For the fiscal year 2024, the company reported a revenue of approximately RMB 2.28 billion, a 49.90% increase from the previous year [8][31]. - The net profit for 2024 was approximately RMB 136.08 million, reflecting a 55.11% increase compared to 2023 [8][31]. - The total assets at the end of 2024 were approximately RMB 3.02 billion, a 23.04% increase from the previous year [31]. Group 3: Profit Distribution Plan - The company plans to distribute a cash dividend of RMB 3.88 per 10 shares, totaling approximately RMB 49.95 million, which is 36.7% of the net profit [33]. - Additionally, the company proposes a capital reserve conversion of 4.9 shares for every 10 shares held, increasing the total share capital to approximately 193.07 million shares [33]. Group 4: Future Plans - The company aims to enhance its market position in the automotive seat components sector through technological innovation and capacity expansion [10][11]. - Plans include expanding production capacity in existing facilities and establishing new projects to meet growing market demand [10][12]. - The company will continue to focus on R&D and talent acquisition to strengthen its competitive edge in the industry [11][13].