Deye(SH:605117) Zheng Quan Zhi Xing·2025-05-09 09:55Core Points - The company, Ningbo Deye Technology Co., Ltd., is preparing for its 2024 annual shareholders' meeting scheduled for May 21, 2025, to discuss various proposals including financial performance and future plans [1][2][4]. Meeting Details - The meeting will be held at the company's headquarters in Ningbo, with both on-site and online voting options available for shareholders [2][3]. - Shareholders must register 15 minutes before the meeting and present necessary documentation to participate [1][2]. Financial Performance - For the fiscal year 2024, the company reported a revenue of CNY 11,206.47 million, a 49.82% increase from the previous year [5][22]. - The net profit attributable to shareholders reached CNY 2,960.35 million, marking a 65.29% growth year-on-year [5][22]. - The company's net assets attributable to shareholders increased by 80.72% to CNY 9,454.15 million [22]. Board and Supervisory Reports - The board of directors held 10 meetings during the reporting period, approving 49 proposals without any rejections [7][15]. - The supervisory board conducted regular meetings and confirmed compliance with legal and regulatory requirements in its oversight of the company's operations [15][19]. Future Plans - The company plans to apply for a comprehensive credit limit from banks and external guarantees for the year 2025 [1][4]. - A proposal for cash management using up to CNY 8 billion of idle funds is also on the agenda, aimed at enhancing investment returns while ensuring operational liquidity [32]. Shareholder Proposals - Proposals for profit distribution and capital reserve conversion into share capital are set to be discussed, with a focus on maintaining shareholder value [29][30]. - The company emphasizes transparency and compliance in its financial reporting and governance practices [12][19].