每周股票复盘：郴电国际（600969）股东户数增加27.04%，取消监事会并修订章程

Core Viewpoint - The recent developments regarding Chendian International (郴电国际) indicate a positive trend in its financial performance, alongside significant corporate governance changes, including the cancellation of the supervisory board and revisions to company regulations [1][2][3]. Financial Performance - As of the mid-2025 report, Chendian International reported a main revenue of 1.957 billion yuan, a year-on-year increase of 1.26% [1] - The net profit attributable to shareholders reached 25.916 million yuan, reflecting a year-on-year growth of 29.55% [1] - The net profit after deducting non-recurring gains and losses was 4.494 million yuan, up 130.54% year-on-year [1] - In Q2 2025, the company achieved a single-quarter main revenue of 956 million yuan, a 2.58% increase year-on-year [1] - The single-quarter net profit attributable to shareholders was 15.068 million yuan, a decline of 21.66% year-on-year [1] - The debt ratio stood at 71.83%, with investment income of 312.734 million yuan and financial expenses of 116 million yuan, resulting in a gross profit margin of 8.18% [1] Shareholder Changes - As of June 30, 2025, the number of shareholders increased by 27.04% to 25,200 [1][5] - The average number of shares held per shareholder decreased from 18,600 to 14,700, with an average holding value of 104,700 yuan [1] Corporate Governance Changes - On August 20, 2025, the company announced the cancellation of the supervisory board, with its powers transferred to the audit committee of the board of directors, pending shareholder approval [2] - The company also approved revisions to several internal regulations, which will be submitted for shareholder review [3] Investment and Financial Management - The company plans to use up to 500 million yuan of its own funds to purchase principal-protected financial products, a decision already approved by the board [4] - A subsidiary, Hunan Deneng Xiangjiang Hydropower Co., plans to invest 15.3831 million yuan in an ecological power station project, with an expected annual power generation of 11.5 million kWh [4] Upcoming Meetings - Chendian International will hold its first extraordinary general meeting of 2025 on September 10, 2025, to discuss the cancellation of the supervisory board and other governance matters [6]