Market Overview - The trade sector experienced a decline of 1.05% on November 26, with CITIC Metal leading the drop [1] - The Shanghai Composite Index closed at 3864.18, down 0.15%, while the Shenzhen Component Index closed at 12907.83, up 1.02% [1] Stock Performance - Key stocks in the trade sector showed varied performance, with 中成股份 (Zhongcheng Co.) closing at 12.83, up 0.71%, and 中信金属 (CITIC Metal) closing at 14.33, down 2.45% [1][2] - Other notable declines included 江苏国泰 (Jiangsu Guotai) at 9.01, down 1.64%, and 怡亚通 (Yiatong) at 4.82, down 1.23% [2] Trading Volume and Capital Flow - The trade sector saw a net outflow of 69.72 million yuan from main funds, while retail investors contributed a net inflow of 48.26 million yuan [2] - The trading volume for 中成股份 was 73,900 hands, with a transaction value of approximately 95.46 million yuan [1] Capital Inflow Analysis - Main funds showed a net inflow of 6.24 million yuan into 中成股份, while CITIC Metal experienced a net outflow of 1.06 million yuan [3] - Retail investors had a significant net inflow into 江苏国泰, amounting to 17.12 million yuan, despite a net outflow from main and speculative funds [3]

Core Insights - The trade sector experienced a rise of 1.27% on November 24, with Zhongcheng Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3836.77, up 0.05%, while the Shenzhen Component Index closed at 12585.08, up 0.37% [1] Trade Sector Performance - Zhongcheng Co., Ltd. (code: 000151) closed at 12.93, with a gain of 5.12% and a trading volume of 132,300 shares, amounting to a transaction value of 169 million [1] - Kairuide (code: 002072) closed at 7.28, up 5.05%, with a trading volume of 83,400 shares and a transaction value of 59.84 million [1] - Other notable performers include: - Yiatong (code: 002183) at 4.88, up 2.52% [1] - Shisuo Fashion (code: 600287) at 5.65, up 2.17% [1] - Sumong Huihong (code: 600981) at 2.81, up 1.81% [1] Capital Flow Analysis - The trade sector saw a net outflow of 54.81 million from institutional investors, while retail investors contributed a net inflow of 78.99 million [2] - The capital flow for key stocks includes: - Zhongcheng Co., Ltd. with a net inflow of 16.91 million from institutional investors [3] - Jiangsu Guotai (code: 002091) with a net inflow of 12.65 million from institutional investors [3] - Sumeda (code: 600710) with a net inflow of 5.74 million from institutional investors [3]

登录新浪财经APP 搜索【信披】查看更多考评等级 ■ 签署日期：二〇二五年十一月 声 明 一、本报告书系信息披露义务人依据《中华人民共和国证券法》《上市公司收购管理办法》《公开发行 证券的公司信息披露内容与格式准则第15号一一权益变动报告书》及其他相关法律、法规和规范性文件 编写。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》《公开发行证券的公司信息披露内容与 格式准则第15号一一权益变动报告书》的规定，本报告书已全面披露了信息披露义务人在南京商贸旅游 股份有限公司中拥有权益的股份变动情况。截至本报告书签署日，除本报告书披露的信息外，信息披露 义务人没有通过任何其他方式增加或减少其在南京商贸旅游股份有限公司中拥有权益的股份。 四、本次权益变动是根据本报告书所载明的资料进行的。信息披露义务人没有委托或者授权任何其他人 提供未在本报告书列载的信息和对本报告书做出任何解释或者说明。 五、信息披露义务人保证本报告书不存在虚假记载、误导性陈述或重大遗漏，并对其真实性、准确性、 完整性承担个别和连带的法律责任。 释 义 本报告书中，除非另有说明，下列词语具有以下含义： 二、信息披露义务人签署本报告书已获得必要 ...

Group 1 - Nanjing Business Travel (600250.SH) announced the completion of a restructuring of its controlling shareholder, with the new registered capital of the restructured cultural tourism group set at 10 billion yuan [1] - The ownership structure post-restructuring includes Nanjing State-owned Assets Supervision and Administration Commission holding 42%, Nanjing Urban Construction Investment Holding Group Co., Ltd. holding 35%, and Nanjing State-owned Assets Investment Management Holding Group Co., Ltd. holding 23% [1] - The restructuring does not change the actual controller or the controlling shareholder of Nanjing Business Travel, and there are no indirect controlling shareholders following the restructuring [1] Group 2 - The restructuring does not involve any changes to the main business of the listed company, and there are no other asset injection plans related to the listed company from the controlling shareholders, aside from the ongoing acquisition of 100% equity in Nanjing Huangpu Hotel Co., Ltd. [2]

南京商贸旅游股份有限公司 简式权益变动报告书 | 上市公司名称： | 南京商贸旅游股份有限公司 | | --- | --- | | 股票上市地点： | 上海证券交易所 | | 股票简称： | 南京商旅 | | 股票代码： | 600250 | | 信息披露义务人： | 南京市城市建设投资控股（集团）有限责任公司 | | 住所： | 南京市玄武区中央路 256 号 | 通讯地址： 南京市玄武区中央路 256 号 权益变动性质： 减少（间接） 签署日期：二〇二五年十一月 声 明 一、本报告书系信息披露义务人依据《中华人民共和国证券法》《上市公司 收购管理办法》《公开发行证券的公司信息披露内容与格式准则第 15 号——权 益变动报告书》及其他相关法律、法规和规范性文件编写。 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违 反信息披露义务人公司章程或者内部规则中的任何条款，或与之相冲突。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》《公开发行 证券的公司信息披露内容与格式准则第 15 号——权益变动报告书》的规定，本 报告书已全面披露了信息披露义务人在南京商贸旅游股份有限公司中拥有权益 ...

南京商贸旅游股份有限公司（以下简称南京商旅或公司、上市公司）于 2025 年 7 月 7 日、2025 年 10 月 1 日披露了《关于控股股东拟进行改革重组的提示性 公告》《关于控股股东重组的进展公告》（2025-044、059 号）。 为推动南京市属国企战略性重组和专业化整合，依据中共南京市委办公厅、 南京市人民政府办公厅印发的《南京文旅集团重组整合专项方案》，公司实际控 制人南京市国资委以其持有的南京市文化投资控股集团有限责任公司 100%股权 和南京体育产业集团有限责任公司 100%股权对公司控股股东南京旅游集团有限 责任公司（控股股东重组前名称，以下简称旅游集团）进行增资，落实国有资本 权益，组建南京文旅集团有限责任公司（控股股东重组后名称，以下简称文旅集 团）。 证券代码：600250 证券简称：南京商旅 公告编号：2025-062 南京商贸旅游股份有限公司 关于控股股东重组完成的公告 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。 一、控股股东重组进展情况 2025 年 11 月 19 日，南京市国资委下发《关 ...

本次控股股东重组不涉及上市公司主营业务变更，除了公司正在推进的发行股份及支付现金购买旅游集 团持有的南京黄埔大酒店有限公司100%股权事项以外，控股股东目前无其他与上市公司有关的资产注 入计划。 本次控股股东重组前，南京商旅实际控制人为南京市国资委，控股股东为旅游集团。城建集团持有旅游 集团60%股权，为南京商旅的间接控股股东。本次控股股东重组完成后，南京市国资委直接持有新的文 旅集团42%股权，城建集团对文旅集团持股比例从60%被动稀释到35%，不再是南京商旅间接控股股 东。南京商旅实际控制人和控股股东不变。 本次控股股东重组导致公司控股股东的股权结构发生变更，公司不再有间接控股股东，公司实际控制 人、控股股东及其在南京商旅中拥有权益的股份比例未发生变化。 格隆汇11月20日丨南京商旅(600250.SH)公布，2025年11月19日，南京市国资委下发《关于核定南京文 旅集团有限责任公司资本金的批复》（宁国资委产[2025]126号），核定重组后的文旅集团注册资本100 亿元，其中：南京市国资委占比42%，南京市城市建设投资控股（集团）有限责任公司（以下简称城建 集团）占比35%，南京市国有资产投资管理控股 ...

Market Overview - The trade sector experienced a decline of 0.69% on November 20, with Nanjing Merchants Travel leading the drop [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Stock Performance - Nanjing Merchants Travel (600250) saw a significant drop of 6.84%, closing at 10.48 with a trading volume of 245,200 shares and a turnover of 260 million yuan [2] - Other notable declines included Yimeng Huihong (600981) down 2.01% and Chimeida (600710) down 1.22% [2] - In contrast, Oriental Chuangye (600278) and CITIC Metal (601061) showed slight increases of 0.75% and 0.71% respectively [1][2] Capital Flow Analysis - The trade sector experienced a net outflow of 47.96 million yuan from institutional investors, while retail investors saw a net inflow of 54.89 million yuan [2] - The capital flow data indicates that CITIC Metal had a net inflow of 21.34 million yuan from institutional investors, while Nanjing Merchants Travel had a significant outflow of 27.31 million yuan [3] Individual Stock Capital Flow - CITIC Metal (601061) had a net institutional inflow of 21.34 million yuan, representing 4.42% of its total capital [3] - Nanjing Merchants Travel (600250) faced a net outflow of 27.31 million yuan from institutional investors, indicating a negative sentiment towards the stock [3] - Retail investors showed a positive net inflow in several stocks, including Jiangsu Guotai (002091) with 11.18 million yuan [3]

Group 1 - The tourism sector experienced a collective decline on November 20, with several companies showing significant drops in stock prices [1] - Yingxin Development fell over 8%, while Nanjing Commercial Travel and Yunnan Tourism dropped by 7% and 6% respectively [1] - Other companies such as Sanfu Outdoor, Tianfu Cultural Tourism, and others also saw declines exceeding 2% [1]

Core Insights - The A-share market saw a collective decline in tourism stocks, with notable drops in companies such as Yingxin Development, Nanjing Business Travel, and Yunnan Tourism [1] Group 1: Stock Performance - Yingxin Development experienced a decline of 8.06%, with a total market value of 19.4 billion [2] - Nanjing Business Travel fell by 7.02%, with a market capitalization of 3.249 billion [2] - Yunnan Tourism decreased by 6.09%, with a market value of 5.933 billion [2] - Sanfu Outdoor dropped over 4.26%, with a market capitalization of 2.375 billion [2] - Other companies such as Tianfu Cultural Tourism, Sanxia Tourism, Qujiang Cultural Tourism, and Xiyu Tourism also saw declines exceeding 2% [1][2] Group 2: Year-to-Date Performance - Despite the recent declines, Yingxin Development has a year-to-date increase of 51.14% [2] - Nanjing Business Travel has risen by 13.57% year-to-date [2] - Tianfu Cultural Tourism shows a significant year-to-date increase of 62.76% [2] - Xizang Tourism has a year-to-date increase of 60.35% [2]