保变电气：12月10日召开董事会会议

Group 1 - The core viewpoint of the article highlights that Baobian Electric (SH 600550) held its 41st meeting of the 8th Board of Directors on December 10, 2025, via telecommunication to discuss the proposal for using reserve funds to cover losses [1] - For the year 2024, Baobian Electric's revenue composition is reported as follows: 98.06% from power transmission and transformation products, 1.35% from other businesses, and 0.59% from miscellaneous sources [1] - As of the report date, Baobian Electric has a market capitalization of 17.3 billion yuan [1] Group 2 - The article also mentions that the price of Feitian Moutai has dropped by 43% over the past two years, indicating a significant change in the market dynamics for this product and raising questions about the sustainability of dealer profits [1]