SHENHUO COAL&POWER(SZ:000933) Zheng Quan Ri Bao·2025-04-21 18:17Core Viewpoint - The company has announced its first quarter report for 2025, ensuring the accuracy and completeness of the financial information disclosed, and has initiated plans for a spin-off listing of its subsidiary, Shenhuo New Materials Technology Co., Ltd. [1][2][3] Financial Data - The first quarter report has not been audited [8] - The company has not made any retrospective adjustments or restatements of previous accounting data [3] - The report includes a commitment from the management to ensure the financial information is true, accurate, and complete [2][3] Shareholder Information - The company is in the process of preparing for the spin-off listing of Shenhuo New Materials Technology Co., Ltd., which was approved by the board on June 13, 2023 [4][5] - The company plans to repurchase shares with a total amount between RMB 250 million and RMB 450 million to enhance investor confidence and support its long-term incentive mechanism [6] Meeting Resolutions - The board of directors held a meeting on April 18, 2025, where the first quarter report was approved unanimously [10][11] - The supervisory board also reviewed and approved the first quarter report, confirming its compliance with legal and regulatory requirements [20][21] Other Important Matters - The company is developing a market value management system to enhance investor returns and maintain the rights of stakeholders [13]