POWER HF(SH:605100) Zheng Quan Ri Bao·2025-04-30 00:06Core Viewpoint - The company has released its first quarter report for 2025, ensuring the accuracy and completeness of the financial information disclosed [2][3][8]. Financial Data - The financial statements for the first quarter of 2025 are unaudited, with the company confirming that there were no significant changes in net profit from merged entities [5][8]. - The company reported that the first five customers contributed sales of 88,686.10 million yuan, accounting for 96.78% of total annual sales, while the first five suppliers accounted for 60,775.24 million yuan, or 79.98% of total annual purchases [25][24]. Board and Management - The fourth board meeting was held on April 28, 2025, with all seven directors present, and the meeting approved the first quarter report [7][9]. - The company appointed Liu Xiang as the new board secretary, following the resignation of Wang Hongxia, who will continue as a director and financial director [21][22]. Correction Announcement - The company issued a correction to its 2024 annual report regarding the major customers and suppliers due to errors in reporting, which did not affect the overall financial results [23][26].