GUOGUANG CHAINS(SH:605188) Zheng Quan Zhi Xing·2025-05-09 10:49Core Viewpoint - The company is preparing for its 2024 annual financial settlement report and 2025 budget report, emphasizing the need for shareholder engagement and compliance with legal regulations [1][2][3]. Meeting Details - The meeting is scheduled for May 20, 2025, at 14:00, located at the company's conference room in Ji'an, Jiangxi Province [2]. - The network voting system will be utilized, allowing shareholders to vote during specified trading hours on the same day [2]. Agenda Items - The agenda includes various reports and proposals, such as the 2024 Board of Directors' work report, independent directors' report, and financial reports [3][4][5]. - Specific proposals include the 2024 financial settlement report, 2025 budget report, profit distribution plan, and the appointment of auditors for 2025 [4][5][6]. Financial Performance - In 2024, the company achieved a total profit of 6.277 million yuan, a decrease of 71.38% year-on-year, with a net profit attributable to shareholders of 2.670 million yuan, down 81.62% [5][19]. - The company plans to enhance its operational efficiency and product quality in 2025, focusing on a transparent procurement policy and improving customer service [19][20]. Governance and Compliance - The Board of Directors has held multiple meetings to ensure compliance with legal requirements and to enhance corporate governance [5][10]. - The independent directors have actively participated in meetings and have provided objective opinions on significant matters affecting the company [10][11]. Future Plans - The company aims to complete the transition to a bare-price procurement model by the end of 2025 and to develop its own brand products [19][20]. - The 2025 financial budget will focus on improving operational efficiency and enhancing product competitiveness [19][20]. Shareholder Engagement - The company emphasizes the importance of maintaining shareholder rights and ensuring effective communication during the meetings [1][2][3]. - The proposed cash dividend for 2024 is 0.10 yuan per share, totaling approximately 4.956 million yuan, which represents 185.60% of the net profit attributable to shareholders [20][21]. Audit and Internal Control - The company plans to reappoint the auditing firm for the 2025 fiscal year, ensuring independent and objective auditing practices [25][26]. - Proposed revisions to internal control systems aim to enhance governance and compliance with updated regulations [28][29].