Warmly celebrate the successful convening of the 2018 annual shareholders' meeting of Beijing Qingchang Company.
On May 25, 2019, the 2018 Annual General Meeting of Shareholders of Beijing Qingchang Electric Technology Co., Ltd. was grandly held at the Huairou production base. The company's chairman Fan Jingsheng, general manager Zhang Huanfen, directors Zhao Wensheng, Chen Zhaojiang, and Song Guolin attended the meeting. The chairman of the supervisory board Gong Baohua and all members of the supervisory board, as well as company executives and some shareholder representatives, participated in the meeting, and some middle management personnel of the company were present. The meeting was presided over by the company's board secretary Cao Lihui, with Dacheng Law Firm witnessing the entire process. The meeting reviewed and approved 12 proposals by voting, including the "2018 Annual Board Work Report," "2018 Annual Supervisory Board Work Report," "2018 Annual Financial Settlement Report," "2019 Annual Financial Budget Report," "2018 Annual Report" and its summary, and "Proposal to Amend the Articles of Association."
The meeting first welcomed all directors and shareholder representatives by the company's chairman Fan Jingsheng! He also thanked all shareholders for their consistent understanding and support for Qingchang! Chairman Fan reviewed the economic indicators of 2018. Although the company did not achieve the ideal expected economic indicators due to the impact of the economic environment, it still achieved double growth in revenue and profit. Chairman Fan conducted an in-depth analysis of 2018 from the perspectives of national macroeconomics, industry status, and market scale, and provided expectations for continuous growth in the company's performance and profit indicators for 2019.
Subsequently, the company's general manager Zhang Huanfen delivered the "2018 Annual General Manager Work Report," which comprehensively elaborated on the company's economic indicators, internal technology, research and development, products, equipment, and business expansion status. In 2018, the company invested a large amount of human and material resources to layout production lines and testing equipment, further enhancing the level of intelligent manufacturing and high-standard product testing methods. In terms of economic indicators, the current sales performance in 2019 reached 127 million yuan, a year-on-year increase of 30 percentage points, and it continues to maintain a high-speed growth momentum, with expectations that the 2019 revenue will not be less than 300 million yuan and profit will not be less than 30 million yuan.
After the meeting, accompanied by company management, attendees visited the company's production site. The shareholder representatives affirmed Qingchang's development strategy and expressed that every year they attend the shareholders' meeting, the changes in the factory area are significant, presenting a brand new look each time, and they personally feel the spirit of hard work and dedication of the Qingchang management team, full of confidence and expectations for Qingchang's development prospects!
Thus, this shareholders' meeting concluded successfully. We believe that under this favorable situation, the company is fully powered and confident to provide all shareholders with a satisfactory answer!
Links: