MENDALE(002397) Zheng Quan Zhi Xing·2025-05-25 09:09Core Points - The board of directors of Hunan Mengjie Home Textile Co., Ltd. held its 12th meeting on April 24, 2025, where several resolutions were passed, including the approval of the 2024 annual work report with a vote of 7 in favor and 1 against [1][6][7] - Independent director Chen Jie expressed concerns regarding the company's financial practices and internal controls, particularly related to a guarantee of 150 million yuan for a subsidiary, Fujian Dafa Sleep Technology Co., Ltd., which has a history of financial issues [2][3][11] - The company reported a net profit of 24,878,484.24 yuan for 2024, with a negative retained earnings of 368,560,163.76 yuan, and proposed no cash dividends or stock bonuses for shareholders [10][12] Meeting Resolutions - The board approved the 2024 annual general manager's work report with a vote of 7 in favor and 1 against, with Chen Jie opposing due to concerns over incomplete data and misleading information regarding store openings and closures [6][7] - The 2024 annual report and its summary were also approved, with Chen Jie voting against due to disagreements on the report's content [7][8] - The board approved the 2024 internal control evaluation report, again with Chen Jie voting against, citing concerns over the company's internal control systems [7][8] - The board approved the 2025 director remuneration plan, with Chen Jie abstaining from the vote due to concerns about the adequacy of compensation in light of the company's financial issues [11][12] - The board approved a proposal to apply for a comprehensive credit limit of 1.3 billion yuan for 2025, with Chen Jie opposing due to concerns about the company's financial management [12][13]