Zheng Quan Zhi Xing·2025-05-22 10:21Core Points - The company has prepared the 2024 annual report, which has been approved by the board and is submitted for shareholder review [1] - The 2024 board work report emphasizes the board's role in strategy formulation, decision-making, and risk prevention, highlighting governance improvements and future work plans [2] - The company aims to enhance its governance structure and operational efficiency while focusing on strategic development and risk management [4][6] Group 1: Annual Reports and Proposals - The 2024 annual report has been compiled and approved, awaiting shareholder meeting review [1] - The board's work report outlines strategic governance improvements and future objectives for 2025 [2] - The independent directors' report for 2024 has been approved and is also submitted for shareholder review [29] Group 2: Governance and Risk Management - The board emphasizes the integration of party leadership and corporate governance, enhancing the governance framework [4] - The company has implemented a comprehensive risk management system, focusing on major risk assessments and preventive measures [15] - The board has conducted extensive evaluations of significant risks, ensuring effective monitoring and control [15] Group 3: Financial Performance and Strategic Initiatives - The company reported a 9.75% increase in new contracts and a 7.56% rise in revenue year-on-year [10] - The board is committed to advancing strategic initiatives, including significant energy projects and technological innovations [10][11] - The company has allocated 139.82 billion yuan for R&D, achieving notable advancements in technology and innovation [10] Group 4: Shareholder Engagement and Market Value - The company has introduced a mid-term dividend plan, increasing the cash dividend ratio by 30% compared to the previous year [23] - The board has actively engaged with investors, conducting multiple roadshows and enhancing communication channels [26] - The company has received various accolades for its governance and market performance, reflecting its commitment to quality and transparency [27] Group 5: Future Work Plans - The board plans to enhance the governance structure and improve the efficiency of subsidiary boards [28] - The company aims to strengthen its market value management and investor relations strategies [28] - Future initiatives will focus on optimizing governance systems and ensuring compliance with regulatory requirements [28]