Guangdong Haid Group sets 2025 shareholder meeting, details 2024 performance

** Guangdong Haid Group (SZSE:002311) will convene its 2024 Annual General Meeting on May 13, 2025, according to a recent announcement. Shareholders will vote on key proposals including the 2024 Board of Directors and Supervisory Committee reports, the 2024 annual report, 2024 financial statements, and a proposal for a cash dividend of CNY 1.10 per 10 shares. Amidst these plans, the company is also progressing with its equity incentive program, cancelling unexercised and vested share options from its 2021 and 2024 schemes, respectively as some performance targets were not met. The Board has proposed the cancellation of 16,191,090 options and 771,205 shares, linked to performance. The company reported 2024 revenues of CNY 114.60 billion and net profit attributable to shareholders of CNY 4.50 billion.