On April 22, presided over by Lin Yiwen, Chairman and General Manager, the 4th meeting of the second Board of Directors was convened at Yongfu headquarters in Fuzhou. The meeting was attended by all members of the Board, authorized representatives and Board Secretary as well as nonvoting delegates including supervisors and senior executives.
The meeting deliberated and approved a total of 15 proposals, including Yongfu 2018 Annual Report and Summary, General Manager's Work Report, BOD Work Report and the first quarter report of 2019.
The meeting held that in 2018, under the leadership of the board of directors, Yongfu's management team actively responded to the new economic trend and the competitive situation in the power industry at home and abroad and they led all employees to make progress and basically completed the 2018 annual operating target.
The Board of Directors formulated and issued the 2019 annual operating target in the meeting, i.e. operating revenue of 1.10 billion yuan, and net profit attributable to shareholders of listed companies of 90 million yuan (the above plan is neither the company's profit prediction for 2019 nor the company's substantive commitment to investors).
Lin Yiwen said at the meeting that in the new year, the Company's management team will focus on the Company's development strategy with the strong support of all directors and the concerted efforts of all employees to ensure the implementation of the annual operating plan, accelerate the internationalization and diversification of the marketing strategy, strengthen the core business, gradually extend the service to more links in the power industry chain, foster business opportunities in emerging fields, shape and maintain a good brand in the capital market and strive to achieve diversified development in power industry.