Anhui Gourgen(SH:603815) Zheng Quan Zhi Xing·2025-05-09 09:28Core Viewpoint - The 2024 Annual General Meeting of Anhui Transportation Construction Co., Ltd. will focus on reviewing the company's performance, discussing various proposals, and ensuring compliance with legal regulations to protect shareholders' rights [2][3][4]. Meeting Procedures - The meeting will be held on May 19, 2025, at 1:30 PM in Hefei, Anhui, with both on-site and online voting options available [6][8]. - Attendees must register 20 minutes before the meeting and present necessary identification documents [2][3]. - The meeting will follow a structured agenda, allowing shareholders to express their opinions and vote on various proposals [3][4]. Financial Performance - In 2024, the company reported a revenue of 4.173 billion yuan, a decrease of 13.30% year-on-year, and a net profit of 131.78 million yuan, down 25.96% [9][10]. - The company secured new orders worth 6.646 billion yuan during the year, focusing on infrastructure projects [9][10]. Strategic Initiatives - The company aims to enhance its core competitiveness by expanding into emerging markets and improving project management systems [10][12]. - It has implemented cost control measures, resulting in a 12.20% reduction in management expenses and a 32.93% decrease in sales expenses compared to the previous year [12][13]. Shareholder Returns - The company plans to distribute a cash dividend of 0.85 yuan per share, totaling 52.61 million yuan, representing 31.79% of the cumulative net profit over the last three years [14][14]. - A share buyback plan has been approved, with a total expenditure of 40 million yuan for repurchasing shares [14][14]. Governance and Compliance - The board of directors has emphasized compliance with legal regulations and improving corporate governance practices [19][20]. - The company has established a robust internal control system to ensure transparency and accountability in its operations [28][28].