CIH(SH:600715) Zheng Quan Zhi Xing·2025-06-20 10:17Core Viewpoint - The company is preparing for its 2024 annual shareholders' meeting, focusing on maintaining order and efficiency while ensuring the rights of shareholders are protected [1]. Meeting Guidelines - A meeting organization team will be established to manage the event and related matters [1]. - Voting will be conducted through both on-site and online methods, with shareholders required to choose one voting method [1]. - Shareholders attending the meeting have the right to speak, inquire, and vote [1]. - Only authorized personnel will be allowed in the meeting venue to maintain order [1]. Financial Performance - As of the end of 2024, the company reported a net asset of 1.116 billion yuan and current assets of 1.259 billion yuan, with cash holdings of 988 million yuan [5]. - The company experienced a significant decline in revenue, with total operating income of approximately 396.92 million yuan, a decrease of 34.85% compared to the previous year [25]. - The net profit attributable to shareholders was reported at -911.76 million yuan, showing an improvement from -1.647 billion yuan in the previous year [25]. - The company recognized a goodwill impairment of 403 million yuan due to declining revenues in its cinema and gaming segments [27]. Strategic Developments - The company is focusing on high-quality development by optimizing its asset structure and reducing operational costs through measures such as judicial restructuring [5][27]. - The company aims to enhance its profitability and core competitiveness by integrating cultural and technological developments, aligning with Beijing's cultural center positioning [18]. Governance and Oversight - The board of directors has been actively involved in decision-making and governance, ensuring compliance with relevant laws and regulations [17]. - The supervisory board has conducted regular checks on the company's financial status and operational decisions, confirming adherence to legal and regulatory requirements [21][23]. Future Outlook - The company plans to continue its efforts in reforming its operational mechanisms and exploring innovative business developments to strengthen its market position [18].