Core Viewpoint - The annual shareholder meeting of Guangdong Fuxin Technology Co., Ltd. is set to discuss various proposals, including the appointment of financial and internal control audit institutions for 2025, and the company's operational performance in 2024, which shows significant revenue growth and profitability recovery [1][5][26]. Group 1: Meeting Procedures and Regulations - The meeting will ensure the verification of attendees' identities to maintain order and efficiency [1]. - Attendees must arrive on time for registration and are entitled to speak, inquire, and vote during the meeting [2]. - Voting will be conducted through both on-site and online methods, with specific time frames for each [3][4]. Group 2: Financial Performance and Business Development - In 2024, the company achieved a revenue of 515.63 million yuan, a year-on-year increase of 29.04%, and a net profit attributable to shareholders of 44.48 million yuan, marking a return to profitability [8][12]. - The company invested 33.77 million yuan in R&D, representing 6.55% of its revenue, and filed 14 patent applications during the year [9][10]. - The sales revenue from consumer electronic components grew by 17.10%, while the sales of thermal systems increased by 31.84% [10][11]. Group 3: Shareholder Returns and Corporate Governance - The company plans to distribute a cash dividend of 3.50 yuan per 10 shares, totaling approximately 30.88 million yuan, which is 69.42% of the net profit [26][27]. - A share buyback plan was implemented, with 1.5 million shares repurchased, amounting to 30.49 million yuan, contributing to a total return of 61.37 million yuan to shareholders [12][27]. - The board of directors emphasizes the importance of corporate governance and compliance with legal regulations to enhance operational transparency and shareholder trust [18][19]. Group 4: Future Plans and Strategic Initiatives - The company aims to support its operational team in achieving the 2025 business goals, including expanding production capacity and enhancing digital transformation efforts [17]. - Plans include improving corporate governance and compliance with new regulations, as well as enhancing investor relations management [18][19]. - The board will focus on training and development for directors and senior management to strengthen governance capabilities [18]. Group 5: Audit and Compliance - The company proposes to reappoint Zhongshun Zhonghuan Accounting Firm as the financial and internal control auditor for 2025, citing their familiarity with the company [30][31]. - The audit firm has a strong track record and is insured against professional liability, ensuring investor protection [31][32]. - The audit fees will be determined based on the complexity of the services provided and will be authorized by the management [33].

Core Viewpoint - The company, Guangdong Fuxin Technology Co., Ltd., has released its 2024 annual report, highlighting significant growth in revenue and profit, alongside a proposed cash dividend distribution plan for shareholders. Company Overview - The company specializes in the research, design, manufacturing, and sales of semiconductor thermoelectric devices and systems, with over 20 years of experience in the consumer electronics market [7][8]. - The main products include semiconductor thermoelectric devices, thermoelectric systems, and thermoelectric application products, which are tailored to various customer needs [8][9]. Financial Performance - The company achieved an operating income of 515.63 million yuan, a year-on-year increase of 29.04% [36]. - The net profit attributable to shareholders was 44.48 million yuan, marking a turnaround from a loss to profitability [36]. - A cash dividend of 3.50 yuan per 10 shares is proposed, amounting to approximately 30.88 million yuan, which represents 137.97% of the net profit for the year [4][5]. Industry Position - The company is recognized as a high-tech enterprise in the semiconductor thermoelectric industry and is one of the few providers covering the entire industry chain from materials to applications [23]. - The semiconductor thermoelectric industry is supported by national policies and is considered an emerging industry with significant growth potential [17][23]. Technological Development - The company is focusing on high-precision, miniaturized, and intelligent semiconductor thermoelectric technologies, expanding applications in communication, industrial, automotive, and consumer electronics sectors [25][26]. - The company has made significant advancements in key technologies, particularly in the communication sector, where it is developing micro TEC products for high-speed optical modules [26][27]. Future Trends - The demand for semiconductor thermoelectric devices is expected to grow in various sectors, including automotive, where applications for temperature control systems are expanding [32]. - The consumer electronics market remains the largest application area, driven by increasing consumer demand for personalized and intelligent temperature control products [35].