NJTC(SH:601975) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-13 05:12Core Viewpoint - The company held its third extraordinary general meeting of shareholders on November 12, 2025, where it approved the use of reserve funds to cover losses and signed a financial services agreement with China Merchants International Financial Co., Ltd [2][4][9]. Group 1: Meeting Details - The extraordinary general meeting was held on November 12, 2025, at the company's headquarters in Nanjing [2]. - The meeting was conducted in accordance with the Company Law and the company's articles of association, combining in-person attendance and online voting [2][3]. - Six out of nine directors attended the meeting, with the chairman and two other directors absent due to work commitments [3]. Group 2: Resolutions Passed - The first resolution approved the use of reserve funds to cover losses, which was passed by a majority of the voting rights held by attending shareholders [4][5]. - The second resolution involved signing a financial services agreement with China Merchants International Financial Co., Ltd, which was also approved [4][5]. Group 3: Financial Information - As of December 31, 2024, the company reported an accumulated loss of approximately 1.57 billion yuan, with a surplus reserve of about 3.19 million yuan and a capital reserve of approximately 4.28 billion yuan [9]. - The company plans to use 3.19 million yuan from the surplus reserve and approximately 1.57 billion yuan from the capital reserve to cover the accumulated losses [9]. Group 4: Legal Compliance - The meeting was witnessed by lawyers from Shanghai Hai Fu Law Firm, confirming that the meeting's procedures complied with legal and regulatory requirements [6].