LEP(SH:600644) Shang Hai Zheng Quan Bao·2025-10-16 20:43Core Viewpoint - Leshan Electric Power Co., Ltd. plans to use its reserve funds to cover accumulated losses, as approved in recent board and shareholder meetings [2][11]. Group 1: Notification to Creditors - The company held board and supervisory meetings on August 28, 2025, and a temporary shareholders' meeting on October 16, 2025, to approve the use of reserve funds to cover losses [2]. - As of December 31, 2024, the company's undistributed profits amounted to -531,917,431.97 yuan, with surplus reserve funds of 123,023,162.30 yuan and capital reserve funds of 1,378,055,899.65 yuan [2]. - The company intends to use 123,023,162.30 yuan from surplus reserve funds and 408,894,269.67 yuan from capital reserve funds, totaling 531,917,431.97 yuan, to offset the negative undistributed profits [2]. Group 2: Creditors' Rights and Claims - According to the Company Law of the People's Republic of China, creditors must be notified within 30 days of the resolution to use capital reserve funds for loss compensation [3]. - Creditors have the right to claim debts or request guarantees within 30 days of receiving the notice or within 45 days from the announcement date if they have not received a notice [3]. - Required materials for creditors to declare their claims include contracts, agreements, and other proof of debt relationships, along with identification documents [3]. Group 3: Shareholder Meeting Details - The first temporary shareholders' meeting of 2025 was held on October 16, 2025, at the Jin Haitang Hotel in Leshan [8]. - The meeting was presided over by the chairman and utilized both on-site and online voting methods, complying with legal and regulatory requirements [8][11]. - All board members and supervisors attended the meeting, with a total of 11 directors and 5 supervisors present [9][10].