NNCI(SH:600301) Sou Hu Cai Jing·2025-11-22 17:40Core Viewpoint - The company Huaxi Nonferrous Metals (600301) has experienced a decline in stock price and has held a shareholder meeting to approve the use of reserve funds to cover losses, while also reporting significant revenue and profit figures for the first three quarters of 2025 [1][3][4]. Group 1: Stock Performance - As of November 21, 2025, Huaxi Nonferrous Metals closed at 34.95 yuan, down 5.97% from the previous week’s 37.17 yuan [1]. - The stock reached a high of 37.66 yuan and a low of 33.9 yuan during the week [1]. - The company's current market capitalization is 22.108 billion yuan, ranking 9th in the small metals sector and 818th among all A-shares [1]. Group 2: Shareholder Meeting - The fifth extraordinary general meeting of shareholders was held on November 17, 2025, where the proposal to use reserve funds to cover losses was approved with 99.9569% of the votes in favor [3][7]. - The meeting was convened by the board of directors and had a voting power participation of 71.9412% of the total shares with voting rights [3][7]. - The proposal received 454,880,966 votes in favor, 183,000 against, and 12,800 abstentions [3]. Group 3: Financial Performance - For the first three quarters of 2025, the company achieved a revenue of 4.138 billion yuan and a net profit of 494 million yuan [4][7]. - The production of major products is progressing as planned, with efforts to optimize production and control costs to meet annual targets [4]. Group 4: Resource Potential - The company has significant resource reserve potential, with three mines having a total certified capacity of 4.28 million tons per year [5][7]. - A market value management system has been established, and the company is working on using reserve funds to cover losses to create conditions for dividends [6][7].