Fujian Haiqin Energy Group(SH:600753) Zheng Quan Zhi Xing·2025-05-23 10:21Core Viewpoint - The company is facing significant financial challenges, with a substantial net loss and a decrease in total assets, leading to a negative net asset position. The company is undergoing strategic adjustments to improve its operational efficiency and financial stability [5][20]. Meeting Agenda - The annual shareholder meeting is scheduled for June 4, 2025, with a detailed agenda including the review of various proposals and reports [1][4]. Financial Performance - The company reported a revenue of 410,090,853.45 yuan for 2024, a decrease of 49.87% year-on-year. The net loss attributable to shareholders was -235,552,276.26 yuan, which is an increase in loss of 184,056,932.93 yuan compared to the previous year [5][16]. - Total assets decreased by 64.82% to 162,003,552.78 yuan, and the net assets attributable to shareholders were -3,439,609.78 yuan, a reduction of 101.46% from the beginning of the year [5][16]. Strategic Adjustments - The company is transitioning from a focus on coal supply chain operations to a more sustainable model centered on liquefied petroleum gas (LPG) distribution, aiming to enhance profitability and operational stability [6][21]. - The management has implemented cost-cutting measures, including reducing administrative expenses and optimizing resource allocation to improve financial performance [21]. Governance and Compliance - The board of directors has held multiple meetings to address governance issues, including the appointment of new directors and the establishment of various committees to enhance operational oversight [8][10]. - The company has emphasized the importance of compliance with legal and regulatory requirements, ensuring that all operations align with corporate governance standards [11][14]. Investor Relations - The company is committed to improving communication with investors, ensuring timely and accurate information disclosure to protect shareholder interests [12][14].