南京商贸旅游股份有限公司 关于为子公司提供担保的进展公告 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： 担保对象及基本情况 | 被担保人名称 | 本次担保金额 | | 实际为其提供的 是否在前 | 本次担保 | | --- | --- | --- | --- | --- | | | | 担保余额（不含 | 期预计额 | 是否有反 | | | | 本次担保金额） | 度内 | 担保 | | 南京南纺进出口有限公司 | 3,000.00 万元 | 5,731.53 万元 | 是 | 否 | 证券代码：600250 证券简称：南京商旅 公告编号：2025-075 累计担保情况 | 对外担保逾期的累计金额（万元） | 0 | | --- | --- | | 截至本公告日上市公司及其控股子公司 | 40,000.00 | | 对外担保总额（万元） | | | 对外担保总额占上市公司最近一期经审 | 66.29 | | 计净资产的比例（%） | | | 特别风险提示（如有请勾选） | □担保金额（含本次）超过上市公司最 ...

证券代码：600250 证券简称：南京商旅 公告编号：2025-074 南京商贸旅游股份有限公司 2025年第二次临时股东会决议公告 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： 本次会议是否有否决议案：无 一、会议召开和出席情况 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 408 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 148,546,813 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 47.8267 | | 份总数的比例（%） | | (四)表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次股东会由公司董事会召集，董事长沈颖女士主持。会议的召集和召开程 序、出席会议人员的资格、会议的表决方式和程序均符合《公司法》及《公司章 程》的有关规定。 (五)公司董事和董事会秘书的列席情况 1、公司在任董事9人，列席9人。 2、董事会秘书列席了会议；公司其他高管 ...

地址：南京市建邺区江东中路 347 号国金中心一期 27、28 楼 电话：025-68515000 传真：025-68516601 邮编：210019 上海市锦天城（南京）律师事务所 法律意见书 上海市锦天城（南京）律师事务所 法律意见书 上海市锦天城（南京）律师事务所 关于南京商贸旅游股份有限公司 2025年第二次临时股东会的 法律意见书 上海市锦天城（南京）律师事务所 关于南京商贸旅游股份有限公司 2025年第二次临时股东会的 法律意见书 致：南京商贸旅游股份有限公司 上海市锦天城（南京）律师事务所（以下简称本所）接受南京商贸旅游股份有 限公司（以下简称公司）委托，就公司召开2025年第二次临时股东会（以下简称本 次股东会）的有关事宜，根据《中华人民共和国公司法》（以下简称《公司法》）、 《上市公司股东会规则》等法律、法规和其他规范性文件以及《南京商贸旅游股份 有限公司章程》（以下简称《公司章程》）的有关规定，出具本法律意见书。 本所及本所律师依据《律师事务所从事证券法律业务管理办法》和《律师事务 所证券法律业务执业规则（试行）》等规定，严格履行了法定职责，遵循了勤勉尽 责和诚实信用原则，对本次股东会所涉 ...

Group 1 - The company Nanjing Shanglv (600250.SH) clarified on the interactive platform that it does not have any business related to Mingwenhua or Hanfu culture [1]

Group 1 - The company Nanjing Shanglv (600250.SH) clarified on the interactive platform that it does not have any business related to Mingwenhua or Hanfu culture [1]

Core Viewpoint - Nanjing Shanglv announced the termination of its major asset restructuring plan to acquire 100% equity of Nanjing Huangpu Hotel due to changes in market conditions after a year and a half of planning [1][8]. Group 1: Transaction Details - The transaction involved Nanjing Shanglv planning to acquire 100% equity of Nanjing Huangpu Hotel from its controlling shareholder, Nanjing Tourism Group, for approximately 199 million yuan, with cash payment of about 29.83 million yuan and share payment close to 169 million yuan [2][9]. - The acquisition was intended to enhance Nanjing Shanglv's dual business layout of "tourism + commerce" and extend its cultural tourism industry chain [10]. Group 2: Financial Performance - Huangpu Hotel's net profits for 2023, 2024, and Q1 2025 were reported as 8.16 million yuan, 6.28 million yuan, and 1.35 million yuan, respectively, indicating a significant downward trend [10]. - The hotel's operating revenue decreased from 67.53 million yuan in 2023 to 60.56 million yuan in 2024 [10]. Group 3: Valuation Concerns - The asset valuation of 199 million yuan represented a 150% appraisal increase, raising concerns among market participants regarding the valuation method used [10]. - Analysts noted that the asset-based valuation method, typically suited for fixed asset-heavy businesses, is uncommon for hotel operations, which are more reliant on operational performance [10]. Group 4: Lack of Performance Commitments - The absence of performance commitments in the transaction further heightened valuation risks, as both parties agreed not to set performance guarantees due to the use of the asset-based valuation method [11].

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600608 | *ST PA | 3.54 | -1.94% | 2.36万 | 844.27万 | | 600250 | 南京商旅 | 11.85 | -1.82% | 29.94万 | 3.57亿 | | 002072 | 凯瑞德 | 7.02 | -1.13% | 4.12万 | 2912.79万 | | 000151 | 中成股份 | 12.14 | -0.98% | 4.71万 | 5750.94万 | | 600287 | 亦蒙时尚 | 5.61 | -0.71% | 4.17万 | 2352.54万 | | 600710 | 苏美达 | 10.79 | -0.37% | 9.39万 | 1.02亿 | | 600128 | 示索5小 / | 10.97 | -0.18% | 5.52万 | 6077.73万 | | 600981 | 办索汇鸿 | 3.33 | 0.60% | 54.57万 | 1.82亿 | | 600058 | ...

Core Viewpoint - Nanjing Commercial Travel (600250.SH) announced the termination of its acquisition of Nanjing Huangpu Hotel, leading to a 17.32% drop in stock price over four trading days. The company emphasized its development strategy during an investor briefing on December 25, 2025 [1][9]. Financial Performance - Nanjing Commercial Travel, formerly known as Nanfang Co., has seen fluctuating revenues: 2022 revenue was 822 million yuan, 2023 was 856 million yuan, and 2024 was 776 million yuan. The company reported a net profit of -122 million yuan in 2022, 31 million yuan in 2023, and 6 million yuan in 2024. For the first three quarters of 2025, revenue was 552 million yuan, down 8.07% year-on-year, with a net profit of 18 million yuan, a 14% decline [3]. Business Segment Performance - The company's core business segments faced challenges: - Import and export trade revenue was 194 million yuan, down 11.75% year-on-year - Domestic trade revenue was 104 million yuan, down 31.34% - Retail department store revenue was 59 million yuan, down 49.87% - Tourism services revenue was 280 million yuan, up 29.39%, but with a 95.36% increase in costs, leading to an 18.35 percentage point drop in gross margin [3][4]. Acquisition Details - On May 25, 2024, Nanjing Commercial Travel announced plans to acquire 100% of Nanjing Huangpu Hotel and 49% of Nanjing South Commercial Operation Management Co. The hotel, a four-star establishment, has seen declining revenues: 67 million yuan in 2023, 60 million yuan in 2024, and 15 million yuan in Q1 2025, with net profits also decreasing [6][8]. Market Environment - The hotel industry is experiencing accelerated clearing, with single hotels facing significant risks. The trend is shifting towards increased chain hotel rates. The termination of the acquisition was attributed to changes in market conditions and the need to protect the interests of the company and its investors [8][9]. Future Strategy - In the December 25 briefing, the company reiterated its commitment to a dual business strategy of "tourism + commerce," focusing on existing business while seeking new growth opportunities to enhance core competitiveness and improve operational performance [9].

Core Viewpoint - Nanjing Commercial Travel's stock has shown significant volatility, with a year-to-date increase of 32.03% but a recent decline of 16.83% over the past five trading days, indicating potential market fluctuations and investor sentiment shifts [2]. Group 1: Stock Performance - As of December 25, Nanjing Commercial Travel's stock price was 12.16 CNY per share, with a market capitalization of 3.777 billion CNY [1]. - The stock has experienced a trading volume of 3.38 billion CNY, with a turnover rate of 9.12% [1]. - Year-to-date, the stock has risen by 32.03%, but it has seen a decline of 16.83% in the last five trading days [2]. Group 2: Financial Performance - For the period from January to September 2025, Nanjing Commercial Travel reported a revenue of 553 million CNY, a decrease of 8.07% year-on-year, and a net profit attributable to shareholders of 18.9774 million CNY, down 51.46% year-on-year [2]. - The company has not distributed any dividends in the last three years, with a total payout of 116 million CNY since its A-share listing [3]. Group 3: Shareholder and Institutional Holdings - As of September 30, 2025, the number of shareholders for Nanjing Commercial Travel was 35,400, a decrease of 4.44% from the previous period [2]. - The average number of circulating shares per shareholder increased by 4.65% to 8,783 shares [2]. - Among the top ten circulating shareholders, the Fortune China Tourism Theme ETF increased its holdings by 1.1145 million shares, while the Huaxia China Tourism Theme ETF entered as a new shareholder with 705,600 shares [3].

证券之星消息，12月23日贸易板块较上一交易日下跌0.49%，南京商旅领跌。当日上证指数报收于 3919.98，上涨0.07%。深证成指报收于13368.99，上涨0.27%。贸易板块个股涨跌见下表： 从资金流向上来看，当日贸易板块主力资金净流出4773.16万元，游资资金净流入1396.77万元，散户资 金净流入3376.39万元。贸易板块个股资金流向见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 ...