Core Viewpoint - The company is set to hold its 2024 Annual General Meeting on May 21, 2025, to discuss various proposals including the annual report, board work report, and profit distribution plan [1][2][4]. Group 1: Meeting Procedures - The meeting will be supervised by two shareholder representatives, one supervisor representative, and a lawyer from Shanghai Fangda Law Firm [2]. - Attendees must maintain order and respect the rights of all shareholders during the meeting [1][2]. - The agenda includes reporting on the attendance of shareholders, reviewing the independent director's work report, and conducting voting on various proposals [2][4]. Group 2: Company Performance - In 2024, the company achieved a revenue of 1,512,665.17 million RMB, representing a year-on-year growth of 7.70% [6][23]. - The net profit attributable to shareholders was 148,483.12 million RMB, with a slight increase of 0.46% compared to the previous year [6][23]. - The company’s net profit, excluding non-recurring gains and losses, decreased by 0.37% to 135,954.92 million RMB [6][23]. Group 3: Industry Analysis - The frozen food industry is experiencing a shift towards standardization, driven by the increasing demand from chain restaurants for consistent quality [6][9]. - The aging population and fast-paced lifestyles are boosting the demand for convenient and healthy frozen food options [6][9]. - The government is supporting the industry through policies aimed at enhancing cold chain logistics and infrastructure, which is expected to facilitate high-quality development in the frozen food sector [9][10]. Group 4: Financial Overview - The company reported total assets of 1,737,509.84 million RMB at the end of 2024, a slight increase of 0.43% from the previous year [23]. - The company’s cash flow from operating activities was 210,384.47 million RMB, reflecting a growth of 7.58% [24]. - The company plans to distribute a cash dividend of 1.015 RMB per share, amounting to approximately 296,515,331.98 RMB, which is 19.97% of the net profit [25][26].

Core Viewpoint - The article narrates the inspiring journey of Zang Jianhe, who transformed her struggles as a single mother into a successful frozen dumpling brand, "Wanchai Ferry," which generates annual sales of 6 billion yuan [12][30]. Group 1: Background and Early Struggles - Zang Jianhe moved to Hong Kong in the 1970s with only 500 HKD, starting her journey by selling dumplings at Wanchai Pier [3][4]. - Initially, she faced significant challenges, including unfamiliarity with cooking and the stigma of being a street vendor [6][20]. - Despite her hardships, she worked tirelessly, sometimes selling 1,000 dumplings in just six hours, showcasing her resilience and dedication [24][12]. Group 2: Business Development - In 1985, Zang Jianhe established her first factory with the help of a Japanese department store, marking the official formation of the Wanchai Ferry brand [30]. - The brand expanded its product line from fresh dumplings to frozen dumplings, wontons, and tangyuan, becoming a market leader in Hong Kong [35][38]. - By 1983, Wanchai Ferry had captured a significant market share, holding 30% of the frozen dumpling market in Hong Kong [38]. Group 3: Strategic Partnerships - Zang Jianhe was cautious in selecting partners, ensuring that her brand identity remained intact during collaborations, such as with the Japanese department store [38]. - In 2001, Wanchai Ferry attracted investment from Pillsbury, which later became part of General Mills, providing the brand with advanced production technology and funding [39][40]. - The partnership allowed Wanchai Ferry to expand into mainland China and develop products tailored to local tastes, such as fried rice and noodles [43]. Group 4: Legacy and Impact - Zang Jianhe's story is a testament to perseverance and innovation in the food industry, inspiring future entrepreneurs [44][56]. - Her commitment to quality and customer feedback helped establish Wanchai Ferry as a benchmark in the frozen food sector, influencing competitors and setting industry standards [55][50]. - Despite her passing in 2016, Zang Jianhe's legacy continues to resonate, highlighting the challenges and triumphs of building a successful brand from humble beginnings [56][58].

Core Viewpoint - The article narrates the inspiring journey of Zang Jianhe, who transformed her life from a struggling single mother to the founder of a successful frozen dumpling brand, "Wanchai Ferry," achieving an annual revenue of 6 billion yuan [3][14]. Group 1: Background and Early Struggles - Zang Jianhe moved to Hong Kong in the 1970s with only 500 HKD, raising two daughters alone after her husband abandoned them [4][17]. - She initially worked multiple jobs to support her family, living in a cramped 4-square-meter apartment [22]. - After receiving encouragement about her dumplings, she decided to sell them at a street stall, despite her initial hesitations and challenges [25][30]. Group 2: Business Development - Zang Jianhe's dumplings quickly gained popularity, leading her to sell 1,000 portions in just six hours [26]. - In 1985, she established her first factory with the help of a Japanese department store, marking the official start of "Wanchai Ferry" [35]. - By 1983, her dumplings captured a significant market share, becoming the leading brand in Hong Kong's frozen food sector, with 30% of the frozen dumpling market [41]. Group 3: Strategic Partnerships and Expansion - Zang Jianhe was cautious in selecting partners, ensuring that her brand identity remained intact during collaborations [42]. - The entry of international companies, such as Pillsbury, provided financial backing and advanced production techniques, facilitating the brand's expansion into mainland China [46][47]. - The brand's success was also attributed to its focus on high-quality ingredients and customer feedback, which helped refine product offerings [56][58]. Group 4: Legacy and Impact - Zang Jianhe's story is seen as a testament to resilience and entrepreneurship, inspiring many in the food industry [48][49]. - Her approach to business emphasized customer relationships and quality, setting a standard for the frozen food sector in China [61]. - Despite her passing in 2016, her legacy continues to influence the industry, with "Wanchai Ferry" remaining a prominent brand [62].