POWER HF(SH:605100) Zheng Quan Zhi Xing·2025-08-27 09:58Core Points - The Supervisory Board of Huafeng Power Co., Ltd. held its 17th meeting of the 4th session, where all three supervisors attended, ensuring compliance with relevant laws and regulations [1][2]. Meeting Resolutions - The meeting approved the 2025 semi-annual report and summary, confirming that the report's preparation and review processes met legal and internal requirements, and accurately reflected the company's operational results, financial status, and cash flow [1][2]. - The profit distribution plan for the first half of 2025 was approved, which considers the company's profitability, future funding needs, and shareholder returns, ensuring no harm to the interests of the company or shareholders, particularly minority shareholders [2][3]. - A special report on the use and storage of raised funds for the first half of 2025 was approved, with details available on the company's official website [2][3]. - The proposal to use temporarily idle raised funds for cash management was approved, which is expected to enhance the efficiency of fund usage and increase company returns [3][4]. - The board approved the repurchase and cancellation of certain restricted stocks due to unmet performance targets in the 2024 stock incentive plan, along with an adjustment of the repurchase price [4][5]. - A proposal to cancel the Supervisory Board and amend the company's articles of association was approved, pending shareholder meeting review [5].