Kanhoo(SZ:300340) Zheng Quan Ri Bao·2025-04-29 00:44Group 1 - The company held its sixth board meeting on April 27, 2025, to review the profit distribution plan for 2024, which will be submitted to the annual general meeting for approval [2] - The company reported a net profit attributable to shareholders of -191,623,150.97 yuan for 2024, with undistributed profits of -1,575,204,866.60 yuan as of December 31, 2024 [3][4] - The profit distribution plan for 2024 includes no cash dividends, no bonus shares, and no capital reserve conversion into shares due to negative distributable profits [5][6] Group 2 - The company’s accumulated undistributed losses have reached one-third of its paid-in capital, primarily due to operational losses and asset impairment provisions in 2024 [9] - The company plans to enhance cost control and operational efficiency to improve profitability in response to increased industry competition and raw material price fluctuations [11] Group 3 - The company has implemented asset impairment provisions totaling 66,065,500 yuan and has written off accounts receivable amounting to 30,271,100 yuan for the year 2024 [15][16] - The impairment provisions and asset write-offs are in accordance with accounting standards and reflect the company's prudent accounting policies [17][19] Group 4 - The company has changed its accounting policies in accordance with the Ministry of Finance's new guidelines, which will not significantly impact its financial status or results [20][25] - The company plans to continue using the new accounting policies to ensure accurate reflection of its financial condition and operational results [24][25] Group 5 - The company has proposed to reappoint Tianheng Accounting Firm as its auditor for the year 2025, pending approval from the shareholders' meeting [27][28] - Tianheng Accounting Firm has a strong track record in auditing and has provided satisfactory services in the past [30][31] Group 6 - The company will hold its 2024 annual general meeting on May 20, 2025, to discuss the proposed profit distribution plan and other matters [45][46] - The meeting will allow shareholders to vote both in person and online, ensuring broad participation [48][58]