中国卫通: 中国卫通2024年年度股东大会资料

Core Viewpoint - China Satellite Communications Group Co., Ltd. is preparing for its 2024 annual report and is proposing several resolutions for the upcoming shareholders' meeting, including expected related party transactions and a financial services agreement with Aerospace Technology Finance Co., Ltd. [1][2] Group 1: Annual Report and Financial Performance - The 2024 annual report has been audited by Lixin Accounting Firm, which issued a standard unqualified opinion [1] - The company achieved a total profit of 661 million yuan in 2024, representing an increase of 8.50% year-on-year, with a net profit of 568 million yuan, up 11.55% [14][20] - The total assets of the company as of the end of 2024 amounted to 22.413 billion yuan, with total liabilities of 2.359 billion yuan, resulting in total equity of 20.054 billion yuan [14][20] Group 2: Related Party Transactions - The expected total amount for related party transactions in 2024 is projected to not exceed 282 million yuan, with actual transactions amounting to 86.99161 million yuan [3][4] - The company plans to continue its daily operational related party transactions with its controlling shareholder, China Aerospace Science and Technology Corporation, and its subsidiaries [1][2] - The company has a good track record of fulfilling previous related party transactions without any defaults [8] Group 3: Financial Services Agreement - The financial services agreement with Aerospace Technology Finance Co., Ltd. is set to be renewed for three years, providing various financial services to the company [11][12] - The expected peak deposit amount for 2024 is 1.133 billion yuan, with a loan peak of 70 million yuan [11][12] - The financial services provided by the finance company are expected to offer better rates than those available from commercial banks, enhancing the efficiency of fund management for the company [13][14] Group 4: Profit Distribution Proposal - The company proposes a cash dividend of 0.323 yuan per share for the 2024 fiscal year, based on a total share capital of 4,224,385,412 shares, amounting to a total distribution of approximately 30% of the net profit [1][10]