Core Viewpoint - The company, Jiangsu Lokai Electromechanical Co., Ltd., is preparing for its 2024 annual shareholders' meeting, where various financial reports and proposals for the upcoming year will be discussed and voted on [1][2][3]. Financial Performance - In 2024, the company achieved operating revenue of CNY 2,131,403,047.54, representing an increase of 8.51% compared to the previous year [5][14]. - The net profit for the same period was CNY 181,385,918.69, which is a 10.25% increase year-on-year [5][14]. - Total assets as of the end of 2024 reached CNY 3,354,789,821.83, reflecting a growth of 36.61% from the previous year [15]. Shareholder Meeting Proposals - The agenda includes the approval of the 2024 financial settlement report and the 2025 financial budget [1][6]. - A proposal to apply for a comprehensive credit limit of up to CNY 120,000,000 from banks for operational needs in 2025 is also on the agenda [19][20]. - The company plans to distribute cash dividends of CNY 1.25 per 10 shares, totaling CNY 126,173,589.84 for the 2024 fiscal year [18]. Corporate Governance - The board of directors has conducted nine meetings in 2024, focusing on various operational and financial matters, including the issuance of convertible bonds [5][7]. - The supervisory board has also been active, holding seven meetings to ensure compliance with legal and regulatory requirements [9][11]. Future Outlook - The company aims to enhance its governance structure and ensure sustainable development through strategic planning and adherence to regulations [7][8]. - The 2025 financial budget is being prepared based on realistic operational performance and market conditions [16].