LEP(SH:600644) Sou Hu Cai Jing·2025-10-18 19:27Core Viewpoint - Leshan Electric Power's stock price has decreased by 2.88% this week, closing at 11.13 yuan, with a total market capitalization of 6.437 billion yuan as of October 17, 2025 [1] Weekly Highlights - The stock reached a peak price of 12.22 yuan on October 15, 2025, and a low of 10.99 yuan on October 13, 2025 [1] Institutional Research Key Points - Leshan Electric's subsidiary, Leshan Gas Co., received a notice for adjusting residential gas sales prices, aiming to stabilize and enhance sales through improved services and market expansion [3] - The company plans to use 531.92 million yuan from its reserve fund to cover accumulated losses, which will be submitted for approval at the upcoming shareholder meeting [3][5] - The 100MW/200MWh electrochemical energy storage station in Longquanyi District has been successfully connected to the grid and is transitioning to commercial operation [3][5] Company Announcement Summary - The first extraordinary general meeting of shareholders was held on October 16, 2025, with 965 participants representing 52.22% of the voting shares [4][5] - The meeting approved the use of reserve funds to cover losses and the cancellation of the supervisory board, along with amendments to the company's articles of association [4][5] - The legal opinion confirmed the legality of the meeting's procedures and resolutions [6] Company Governance Updates - The board meeting rules were revised to include provisions for regular and extraordinary meetings, with specific voting and record-keeping requirements [7] - The shareholders' meeting rules were updated to clarify the procedures for convening and voting, ensuring compliance with relevant laws [8] - The company's articles of association were amended to define the structure and responsibilities of the board and management, effective from October 16, 2025 [9]