TKD(SH:603738) Zheng Quan Zhi Xing·2025-05-09 09:55Core Points - The company is preparing for its annual shareholder meeting scheduled for May 20, 2025, focusing on maintaining shareholder rights and ensuring meeting efficiency [2][5]. - The company reported a decrease in net profit for 2024, with a net profit of 87.58 million yuan, down 13.55% year-on-year, and a non-recurring net profit of 62.02 million yuan, down 24.26% [9][32]. - The company aims to enhance its competitive edge by focusing on high-value products and expanding into new markets, particularly in automotive electronics and high-frequency components [10][11]. Meeting Preparation - All attendees must arrive 10 minutes before the meeting for registration and must present necessary identification [2][4]. - The meeting will include a report on attendance and the voting process will be conducted through a named ballot system [3][5]. - The company will utilize a reminder service to ensure that small and medium investors can participate in the voting process [3][4]. Financial Performance - The total revenue for 2024 was 821.04 million yuan, an increase of 3.55% compared to 2023 [32]. - The company’s total assets reached 2.15 billion yuan, reflecting a growth of 5.34% year-on-year [32]. - The company’s operating cash flow decreased significantly by 59.85%, indicating potential liquidity challenges [32]. Strategic Focus - The company is committed to enhancing its research and development efforts, with R&D expenses reaching 48.68 million yuan, a year-on-year increase [10][12]. - The company is expanding its product offerings in the automotive sector, having developed over 2,000 product models that meet industry standards [11][12]. - The company is implementing a comprehensive quality management system to improve production efficiency and product reliability [12][31]. Governance and Compliance - The board of directors has been restructured, with a focus on compliance with legal and regulatory requirements [13][24]. - The company emphasizes the importance of independent directors in ensuring fair governance and decision-making processes [21][25]. - The company has established a robust internal control system to monitor financial and operational activities [31].