Core Points - The 2024 Annual General Meeting (AGM) of Chengdu Qinchuan Internet of Things Technology Co., Ltd. is scheduled for May 21, 2025, with both on-site and online voting options available [3][4] - The company reported a total asset value of 907.9956 million yuan as of the end of 2024, with a revenue of 320.522 million yuan, reflecting a year-on-year decrease of 1.99% [18] - The net profit attributable to shareholders was -65.2365 million yuan, a decrease of 5.999 million yuan compared to the previous year [18] - The company plans to appoint Sichuan Huaxin (Group) CPA as the auditing firm for the fiscal year 2025, with an audit fee of 600,000 yuan [5][6] - The company will not distribute profits for the fiscal year 2024 due to not meeting the profit distribution conditions outlined in its articles of association [9] - The board of directors has proposed a comprehensive work report for 2024, emphasizing the company's commitment to sustainable development and innovation [7][19] Meeting Procedures - The AGM will include a sign-in process, presentation of meeting materials, and a report on the number of shareholders present and their voting rights [4] - Shareholders will have the right to speak, inquire, and vote on various proposals during the meeting [2][3] - The meeting will be witnessed by a legal representative from a law firm, ensuring compliance with legal standards [3][4] Proposals for Review - Proposal 1: Approval of the 2024 Annual Report and its summary [5] - Proposal 2: Appointment of the auditing firm for 2025 [6] - Proposal 3: Review of the 2024 Board of Directors' work report [7] - Proposal 4: Review of the 2024 Supervisory Board's work report [8] - Proposal 5: Review of the 2024 financial settlement report [9] - Proposal 6: Review of the 2025 financial budget report [9] - Proposal 7: Review of the profit distribution plan for 2024 [9] - Proposal 8: Review of the remuneration plan for directors for 2024 and 2025 [11][12] - Proposal 9: Review of the remuneration plan for supervisors for 2024 and 2025 [12][13] Financial Overview - The company reported a total revenue of 320.522 million yuan for 2024, with a net loss of 65.2365 million yuan [18] - The financial audit for 2024 was conducted by Sichuan Huaxin, which issued a standard unqualified opinion on the financial statements [27] - The company’s financial management system is deemed effective, with no significant issues reported in financial operations [24][25] Strategic Focus - The company aims to enhance its capabilities in the smart city IoT sector, focusing on gas and water meter products while expanding its export business [19] - In the smart sensor segment, the company is developing temperature, magnetic, and pressure sensors, with a strategic layout across multiple bases [20] - The industrial IoT business will leverage its proprietary platform to capture opportunities in smart manufacturing and digital transformation [20][21]