Zheng Quan Zhi Xing·2025-05-14 11:09Core Points - The company will hold its 2024 Annual General Meeting on June 5, 2025, in Beijing, with both on-site and online voting options available [1][2] - A total of 15 proposals will be presented at the meeting, with ordinary resolutions requiring a majority vote and special resolutions requiring a two-thirds majority [3] - The company reported significant growth in its main business segments, with air freight, sea freight, and rail freight volumes increasing by 13.3%, 14%, and 13.7% respectively in 2024 [6] - The company achieved a 44% year-on-year increase in overseas investment and a 9% increase in overseas revenue in 2024 [7] - The company plans to distribute cash dividends totaling approximately 2.09 billion RMB for the year 2024, which represents 53.46% of the net profit attributable to shareholders [19][20] Meeting Details - The meeting will be held at 10:00 AM on June 5, 2025, at a specified location in Beijing [1] - The record date for shareholders to attend the meeting is May 30, 2025 [1] - Voting will occur during specified trading hours on the day of the meeting [1] Proposals Overview - The meeting will include proposals for the 2024 Board of Directors' work report, the 2024 Supervisory Committee's work report, and the 2024 financial statement [4][12][17] - The company will propose a profit distribution plan for 2024, suggesting a cash dividend of 0.145 RMB per share [10][19] - The company will seek approval for a budget of 100.85 billion RMB in revenue for 2025 [18] Financial Performance - The company reported a net profit of approximately 3.92 billion RMB for 2024 [19] - The total cash dividends for 2024 are expected to be around 2.09 billion RMB, with a significant portion allocated for shareholder returns [20] - The company has also planned to authorize the board to decide on mid-term dividends based on 2025's performance [21] Risk Management and Governance - The company emphasizes the importance of risk management and internal controls to ensure sustainable development [8] - The Supervisory Committee conducted regular meetings to oversee the operations and compliance of the Board of Directors [12][14] - The company has established a robust governance structure to ensure transparency and accountability [14][15]