Core Points - The company held its 2024 Annual General Meeting (AGM) to discuss various proposals, including the remuneration plan for directors and senior management for 2025 [1][2] - The company reported a revenue of 4,080.21 million yuan for 2024, representing a year-on-year increase of 10.72%, while the net profit attributable to shareholders was -244.15 million yuan, a significant decline of 831.71% compared to the previous year [8][23] - The company plans to continue enhancing its governance and investor relations, focusing on compliance with legal regulations and improving communication with investors [14][15] Meeting Procedures - The AGM required attendees to register and confirm their participation, ensuring the meeting's order and efficiency [2][3] - Voting was conducted through both on-site and online methods, with results to be announced after the meeting [3][9] - The meeting agenda included the presentation of the board's work report, discussions on various proposals, and the election of voting members [6][9] Financial Performance - The company achieved a total production of 381,102.54 tons in 2024, a 29.38% increase from the previous year, while sales volume increased by 20.67% [24] - The gross profit margin decreased by 3.14% to 10.44%, attributed to lower sales prices and increased competition in certain markets [25][28] - The company faced significant financial challenges, with total expenses rising to 16.09% of revenue, up from 14.59% the previous year, primarily due to increased sales and financial costs [27][28] Governance and Oversight - The board of directors and the supervisory board conducted regular meetings to ensure compliance with laws and regulations, maintaining oversight of the company's operations [11][12][19] - Independent directors provided reports on their activities, emphasizing their commitment to protecting shareholder interests [21] - The supervisory board monitored the company's financial status and compliance with internal controls, confirming that no violations occurred during the reporting period [19][20]