Sichuan Haowu Electromechanical (SZ:000757) Sou Hu Cai Jing·2025-11-13 18:27Core Viewpoint - The company, Sichuan Haowu Electromechanical Co., Ltd., has approved a proposal to use its capital reserves to cover accumulated losses, reflecting ongoing financial challenges and a strategic move to stabilize its financial position [1][2][3] Trading Information Summary - On November 13, 2025, Haowu shares closed at 5.45 yuan, down 0.18%, with a turnover rate of 3.06%, trading volume of 163,100 shares, and a transaction value of 88.5821 million yuan [1] - On the same day, the main funds experienced a net outflow of 15.6061 million yuan, while retail and speculative funds saw net inflows of 7.964 million yuan and 7.6461 million yuan, respectively [1][3] Company Announcement Summary - The third extraordinary general meeting of shareholders for 2025 was held on November 12, 2025, where the proposal to use capital reserves to cover losses was approved [1][3] - A total of 132 shareholders participated in the meeting, representing 31.8633% of the company's voting shares, with 99.5408% of the votes in favor of the proposal [1][3] - The legal opinion from Beijing Zhonglun (Chengdu) Law Firm confirmed that the meeting's procedures and resolutions were in compliance with relevant laws and regulations [1] Financial Details - As of December 31, 2024, the company's accumulated undistributed profits amounted to -943,956,237.16 yuan, with plans to use 67,948,162.86 yuan from surplus reserves and 876,008,074.30 yuan from capital reserves to cover these losses [2]