Zheng Quan Zhi Xing·2025-05-09 09:35Core Viewpoint - The company, Xinhua Wenhui Publishing Media Co., Ltd., has submitted its 2024 annual board work report and financial statements for shareholder approval, highlighting its commitment to maintaining corporate governance and shareholder interests [2][3][19]. Meeting Overview - The board held 16 meetings in the year, including 7 in-person and 9 via communication, to discuss various matters including financial reports and profit distribution [2][3]. - The upcoming shareholder meeting is scheduled for May 20, 2025, at Xinhua International Hotel, Chengdu [2]. Business and Financial Performance - The company operates in content creation, cultural consumption services, education services, and supply chain services, with key business segments including publishing and reading services [3]. - For the year ending December 31, 2024, the company reported a net profit attributable to ordinary shareholders of RMB 1.545 billion, with the parent company achieving a net profit of RMB 1.364 billion [21]. Profit Distribution - The company distributed an interim dividend of RMB 0.19 per share for the first half of 2024 and proposed a final dividend of RMB 0.41 per share for the full year, totaling RMB 505.87 million [3][21]. Related Transactions - The company engaged in related transactions with its controlling shareholder, Sichuan Xinhua Publishing Group, including property leasing and management services, with actual transaction amounts being within the approved limits [4][10]. - The company confirmed compliance with disclosure obligations regarding related transactions [10][29]. Corporate Governance - The company emphasizes good corporate governance and adherence to relevant laws and regulations, having adopted the Corporate Governance Code and complied with listing rules [12][15]. - The board and supervisory committee have undergone changes, including the appointment of new independent directors and supervisors [12][13]. Charity and Sustainability - The company made charitable donations totaling approximately RMB 43.65 million during the year and is committed to sustainable development and social responsibility [15][30]. Audit and Financial Reporting - The 2024 consolidated financial report has been audited by KPMG Huazhen, which issued an unqualified opinion [17][28]. - The supervisory committee confirmed that the financial reports comply with applicable accounting standards and accurately reflect the company's financial status [28][30].