Core Viewpoint - The company is preparing for its annual shareholders' meeting scheduled for May 20, 2025, to discuss various reports and proposals, including the financial performance for 2024 and future plans [2][4][18]. Meeting Arrangements - The meeting will take place at the company's office in Hangzhou, with specific procedures for attendance and voting outlined to ensure order and compliance with regulations [2][3][4]. - Participants must register with identification and relevant documents before the meeting starts, and only authorized individuals will be allowed entry [2][3]. Financial Performance - For the year 2024, the company reported a revenue of 722 million yuan, an increase of 14.91% compared to the previous year, but incurred a net loss of 190 million yuan [4][11][15]. - Total assets decreased by 11.81% to 2.34 billion yuan, while net assets fell by 16.10% to 1.03 billion yuan [4][11][15]. Board and Supervisory Reports - The board's report emphasizes adherence to legal regulations and improving corporate governance, with a focus on sustainable development and financial health [4][6][8]. - The supervisory board confirmed that the company operated within legal frameworks and that the board fulfilled its responsibilities without harming shareholder interests [8][9]. Future Plans - The board plans to continue expanding its business across various sectors, including cultural tourism and new materials, while enhancing governance and investor relations [7][8]. - The company aims to maintain transparency in information disclosure and improve communication with investors [7][8]. Profit Distribution Proposal - The company proposes not to distribute profits for 2024 due to a net loss, aiming to safeguard its long-term interests and ensure sustainable operations [18][19]. Audit Firm Appointment - The board recommends reappointing Lixin Certified Public Accountants for the 2025 audit, citing their satisfactory performance in the previous year [19][20]. Financing Proposals - The company seeks approval to apply for a comprehensive credit limit of up to 2 billion yuan from banks to support its operational needs [24]. - A proposal for a small-scale quick financing plan is also presented, allowing the issuance of stock not exceeding 300 million yuan [25].