Core Viewpoint - The 2024 Annual General Meeting of Kunshan Longteng Optoelectronics Co., Ltd. aims to ensure the rights of all shareholders and maintain the order and efficiency of the meeting, adhering to relevant laws and regulations [1][2][3]. Meeting Procedures - Shareholders or their proxies must arrive 30 minutes before the meeting to complete registration and present necessary identification documents [2][3]. - The meeting will follow a predetermined agenda for reviewing and voting on proposals [2][3]. - Shareholders have the right to speak, consult, and vote during the meeting, but must register in advance to speak [2][3][4]. - Voting will be conducted through a combination of on-site and online methods, with results announced after the meeting [2][3][4]. Financial Performance - In 2024, the company experienced a 9.77% decrease in total revenue compared to the previous year, while the net profit attributable to shareholders improved by 31.64% [6][20]. - The company’s financial structure remains robust, with a debt-to-asset ratio of 34.84%, which is lower than the industry average [6][20]. Board of Directors' Work - The Board of Directors held three meetings in 2024, reviewing 29 proposals related to financial management and corporate governance [6][8]. - The Board aims to enhance shareholder value and ensure compliance with legal and regulatory requirements [8][9]. Supervisory Board's Role - The Supervisory Board conducted three meetings in 2024, focusing on the legality and compliance of the company's operations and financial status [13][14]. - The Supervisory Board confirmed that the company adhered to relevant laws and regulations, ensuring the protection of shareholder interests [14][15]. Future Plans - The company plans to enhance its governance structure and improve information disclosure management to foster better investor relations [9][12]. - The 2025 work plan includes continuous improvement of governance practices and compliance with legal standards [9][12]. Proposals for Shareholder Approval - The company proposed not to distribute profits for 2024, opting to reinvest retained earnings into project development and market expansion [23]. - A proposal to apply for a comprehensive credit limit of up to 73.3 billion yuan from banks was also presented [25]. - The company intends to continue its partnership with the auditing firm Gongzheng Tianye for the 2025 fiscal year [24].