CNNP(SH:601985) Zheng Quan Zhi Xing·2025-05-14 08:15Core Viewpoint - The company is preparing for its 2024 Annual General Meeting (AGM) and has outlined the procedures and agenda to ensure the meeting runs smoothly and efficiently, emphasizing the importance of shareholder rights and participation. Meeting Procedures - All participants must adhere to legal obligations to maintain order and efficiency during the AGM [1] - Only authorized individuals, such as shareholders, directors, and invited guests, are allowed to attend the meeting [1] - Shareholders have the right to speak, inquire, and vote during the AGM [1] - A registration form for speaking and questioning will be available, and speaking time is limited to 5 minutes per shareholder [2] Voting Process - The AGM will utilize a combination of on-site and online voting methods [2] - Shareholders must express their voting opinions on proposals, and any improperly filled ballots will be considered as abstentions [2] - The online voting will be conducted through the Shanghai Stock Exchange's system during specified time slots on the day of the AGM [3] Meeting Agenda - The AGM will cover several key items, including the opening of the meeting, reports on various proposals, shareholder inquiries, and the election of monitoring personnel [3] - The first agenda item includes the presentation of the 2024 Board of Directors' work report, which has already been approved by the Board [4] Company Performance Highlights - The company has achieved significant milestones, including a 43% increase in market value and recognition for excellence in corporate governance [4] - The operational performance for 2024 includes a record low outage rate of 0.04 times per reactor per year and a reliability score of 97.68 [5] - The total electricity generated reached 216.35 billion kWh, marking a 3.09% increase year-on-year [5][26] Future Plans and Investments - The company plans to invest approximately 125.59 billion yuan in 2024, focusing on nuclear power and renewable energy projects [14] - The company has successfully raised 14 billion yuan through targeted stock issuance to support its development initiatives [9][16] Governance and Compliance - The company has established a robust governance framework, ensuring compliance with legal and regulatory requirements [30] - The Board of Directors has been actively involved in strategic decision-making and oversight, with regular meetings held to discuss key issues [17][19] Challenges and Strategic Focus - The company faces challenges from increasing competition in the nuclear energy market and evolving regulatory requirements [20] - The strategic focus for 2025 includes enhancing operational efficiency, maintaining safety standards, and pursuing high-quality development [21][22]