NJTC(SH:601975) Sou Hu Cai Jing·2025-11-15 19:27Core Points - The stock price of China Merchants Jinling Shipping Company (招商南油) increased by 2.46% to 3.33 CNY as of November 14, 2025, with a market capitalization of 15.99 billion CNY [1] - The company held its third extraordinary general meeting on November 12, 2025, where it approved two key proposals, including the use of reserves to cover losses [2][4] - The company plans to utilize 3,193,890.66 CNY from surplus reserves and 1,570,911,748.21 CNY from capital reserves to offset cumulative losses as of December 31, 2024 [3][4] Company Announcements - The legal opinion from Shanghai Hai Fu Law Firm confirmed the legality of the procedures for the third extraordinary general meeting [2] - The meeting had 1,045 participants representing 36.7547% of the voting rights [2] - The second proposal regarding the financial service agreement with China Merchants International Financial Co., Ltd. was approved, with the related shareholder abstaining from voting [2][4]