Core Viewpoint - On November 3, 2023, the company announced a share buyback plan, indicating a strategic move to enhance shareholder value through the repurchase of shares [2] Group 1: Share Buyback Details - The company plans to repurchase 1,826,200 shares [2] - This represents 0.04% of the company's total share capital [2]

2025 年第三次临时股东会会议资料 招商局南京油运股份有限公司 2025 年第三次临时股东会会议资料 2025 年 11 月 12 日 2025 年第三次临时股东会会议资料 招商局南京油运股份有限公司 2025 年第三次临时股东会议程 时间：2025 年 11 月 12 日上午 9:30 地点：南京市中山北路 324 号油运大厦 16 楼会议室 主持人：丁磊董事长 会议议程 一、审议议题 1.关于使用公积金弥补亏损的议案 2.关于与招商局国际财务有限公司签订《金融服务协议》的议案 二、股东发言及股东提问。 三、与会股东和股东代表对议案投票表决。 四、大会休会（统计现场投票表决结果）。 五、宣布现场表决结果。 2025 年第三次临时股东会会议资料 议案一：关于使用公积金弥补亏损的议案 各位股东： 为贯彻落实国务院《关于加强监管防范风险推动资本市场高质量发 展的若干意见》（国发"2024"10 号）和证监会《关于加强上市公司监 管的意见（试行）》等文件精神，积极推动公司高质量发展，增强投资 者回报，招商局南京油运股份有限公司（简称"招商南油""公司"） 依据《公司法》、财政部《关于公司法、外商投资法施行后有关财 ...

Core Viewpoint - The company, China Merchants Jinling, plans to hold its third extraordinary general meeting on November 12, 2025, to discuss two key proposals related to financial adjustments and agreements with affiliated parties [1] Group 1: Financial Adjustments - The first proposal involves using reserve funds to cover losses, with the company's undistributed profits projected to be -1.574 billion yuan by the end of 2024. The plan includes reducing surplus reserves by 3.1939 million yuan, and the remaining shortfall of 1.571 billion yuan will be covered by capital reserves, resulting in undistributed profits being adjusted to zero [1] Group 2: Financial Service Agreement - The second proposal is to sign a financial service agreement with the affiliated company, China Merchants International Finance, which is a subsidiary of China Merchants Group. This agreement will provide deposit and settlement services to China Merchants Jinling and its subsidiaries for a duration of three years, with a daily deposit balance not exceeding 500 million HKD and a loan balance not exceeding 1 billion HKD [1]

关于股份回购进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： | 回购方案首次披露日 | 2025/8/25 | | | --- | --- | --- | | 回购方案实施期限 | 2025 年 9 月 9 日~2026 年 | 9 月 8 日 | | 预计回购金额 | 25,000万元~40,000万元 | | | 回购用途 | √减少注册资本 □用于员工持股计划或股权激励 | | | | □用于转换公司可转债 | | | | □为维护公司价值及股东权益 | | | 累计已回购股数 | 76,863,800股 | | | 累计已回购股数占总股本比例 | 1.60% | | | 累计已回购金额 | 255,885,394.43元 | | | 实际回购价格区间 | 3.19元/股~3.38元/股 | | 证券代码：601975 证券简称：招商南油 公告编号：2025-038 招商局南京油运股份有限公司 2025 年 10 月，公司通过集中竞价交易方式回购股份 1,826,200 股，占公司总 股本的比例 ...

Core Viewpoint - The company, China Merchants Jinling (601975.SH), has announced a share buyback program, indicating a commitment to enhancing shareholder value through capital management [1] Summary by Categories Share Buyback Details - As of October 31, 2025, the company has repurchased a total of 76.8638 million shares, which represents 1.60% of the total share capital [1] - The highest purchase price for the shares was 3.38 CNY per share, while the lowest was 3.19 CNY per share [1] - The total amount spent on the buyback, excluding transaction fees, is 256 million CNY [1]

Core Viewpoint - The company plans to repurchase shares using its own funds between 250 million to 400 million yuan, with a maximum price of 4.32 yuan per share, aimed at reducing registered capital [1] Summary by Sections Share Repurchase Plan - The company intends to initiate a share repurchase program starting from September 9, 2025, for a duration of 12 months [1] - The total amount allocated for the repurchase is between 250 million to 400 million yuan [1] Current Repurchase Status - As of the end of October 2025, the company has repurchased a total of 76,863,800 shares, which represents 1.60% of the total share capital [1] - The total amount spent on the repurchase so far is 256 million yuan, with the repurchase price ranging from 3.19 yuan to 3.38 yuan per share [1] Recent Activity - In October, the company repurchased 1,826,200 shares, accounting for 0.04% of the total share capital, with a payment amount of 5.8424 million yuan [1]

Summary of Key Points - The company, China Merchants Jinling (601975.SH), announced that as of the end of October 2025, it has repurchased a total of 76.8638 million shares, which represents 1.60% of its total share capital [1] - The highest purchase price for the repurchased shares was 3.38 CNY per share, while the lowest was 3.19 CNY per share [1] - The total amount spent on the share repurchase, excluding transaction fees, is 256 million CNY [1]

Summary of Key Points - The company, China Merchants Jinling (招商南油), announced that as of the end of October 2025, it has repurchased a total of 76.8638 million shares, which represents 1.60% of its total share capital [1] - The highest purchase price for the repurchased shares was 3.38 CNY per share, while the lowest was 3.19 CNY per share [1] - The total amount spent on the share repurchase, excluding transaction fees, is 256 million CNY [1]

格隆汇11月3日丨招商南油(601975.SH)公布，截至2025年10月底，公司已累计回购股份7686.38万股，占 公司总股本的比例为1.60%，购买的最高价为3.38元/股、最低价为3.19元/股，已支付的总金额为2.56亿 元（不含交易费用）。 ...

Core Insights - The National Petroleum and Natural Gas Index (399439) has seen a strong increase of 1.54%, with significant gains in constituent stocks such as Lanstone Heavy Industry (603169) up 9.99%, Intercontinental Oil and Gas (600759) up 9.70%, and China National Offshore Oil Corporation (600938) up 4.54% [1] - OPEC+ has agreed to maintain a production increase of 137,000 barrels per day in December, consistent with the planned increases for October and November, while pausing production increases from January to March due to expected seasonal demand slowdown [1] - Brent crude oil prices have surpassed $65 per barrel, marking the longest consecutive increase since late September, while WTI crude oil prices have crossed the $61 mark [1] Industry Analysis - Long-term, oil-producing countries prioritize "value over volume," and OPEC+ is expected to balance pressures that may lead to a new round of cooperation, supported by North American shale oil cost impacts [2] - The Brent crude oil price is anticipated to find long-term support around $60 per barrel before the influence of South American supply and global energy transition accelerates [2] - The top ten weighted stocks in the National Petroleum and Natural Gas Index, which includes major companies like China National Petroleum (601857) and Sinopec (600028), account for 65.09% of the index [2]