Core Insights - Shanghai Jahwa held its 2024 annual shareholders' meeting, approving 14 proposals including the 2024 Board of Directors' work report and the 2025 employee stock ownership plan [1] - The company achieved a revenue of 5.679 billion yuan in 2024, with improvements in corporate governance and operational standards [1] - The meeting also approved a profit distribution plan for the first half of 2025, aiming to reward investors and enhance employee motivation through shared interests [1] Group 1: Strategic Focus and Brand Development - The company has completed four major tasks: defining direction, clarifying governance, boosting morale, and eliminating burdens, leading to a strategic transformation [2] - The focus is on core brands, brand building, online presence, and efficiency, with significant upgrades in product offerings across various brands [2] - The Yuze brand has strengthened collaborations with top hospitals, leading to comprehensive upgrades in brand image and product formulation [2] Group 2: Performance and Future Goals - The company's major brands achieved double-digit growth in online channels during the 618 shopping festival, attributed to strategic planning and operational efficiency [3] - The leadership emphasizes the importance of organizational capability and aims to create a high-performing team to drive future success [3] - The company plans to deepen reforms and focus on brand development, targeting double-digit revenue growth by 2025, which is seen as a pivotal year for the company [3]
上海家化股东大会推行四个聚焦,重塑增长新动能