FFEC(SH:600203) Zheng Quan Zhi Xing·2025-06-19 09:27Core Viewpoint - The 2024 Annual General Meeting of Fujian Furi Electronics Co., Ltd. is scheduled for June 27, 2025, where various reports and proposals will be presented for shareholder approval, reflecting the company's operational performance and future strategies [1][2][3]. Meeting Details - The meeting will take place at 14:45 on June 27, 2025, at the Zhengxiang Business Center in Fuzhou [1]. - Shareholders can participate through both on-site and online voting, with specific time slots designated for each method [1][3]. - The record date for shareholders entitled to attend the meeting is June 23, 2025 [1]. Agenda Items - The agenda includes the presentation of the 2024 Annual Report, Board of Directors' Work Report, Supervisory Committee's Work Report, Financial Settlement Report, and proposals regarding profit distribution and executive compensation [2][4][5]. Financial Performance - In 2024, the company achieved a revenue of 10.64 billion yuan, with a net profit of -396.75 million yuan, indicating a challenging financial year [5][26]. - The company's total assets amounted to approximately 7.74 billion yuan, with total liabilities of about 6 billion yuan, resulting in an asset-liability ratio of 77.62% [26][27]. - The company reported a significant decline in net profit compared to the previous year, with a decrease of 118.84 million yuan [27]. Strategic Focus - The company aims to enhance its core business in the mobile ODM industry while expanding its product matrix and improving management practices [5][6]. - The smart terminal segment showed a revenue growth of 17.39% year-on-year, indicating a positive trend in this area [6]. Governance and Oversight - The Board of Directors held 14 meetings in 2024, focusing on strategic decision-making and compliance with legal regulations [14][15]. - The Supervisory Committee conducted seven meetings to oversee financial activities, ensuring compliance and risk management [20][21]. Future Plans - The company plans to continue strengthening its governance structure, enhance investor relations, and optimize information disclosure practices in 2025 [17][18]. - The proposed profit distribution plan includes a cash dividend of 0.2 yuan per share, totaling approximately 11.86 million yuan [28].