Market Overview - On August 26, the real estate development sector declined by 0.34% compared to the previous trading day, with *ST Nan Zhi leading the decline [1] - The Shanghai Composite Index closed at 3868.38, down 0.39%, while the Shenzhen Component Index closed at 12473.17, up 0.26% [1] Stock Performance - Notable gainers in the real estate sector included: - Shen Shen Fang A, closing at 33.08 with a rise of 10.01% [1] - Wan Tong Development, closing at 13.66 with a rise of 6.97% [1] - Da Ming Cheng, closing at 3.68 with a rise of 6.05% [1] - Conversely, *ST Nan Zhi experienced a significant drop, closing at 3.33 with a decline of 5.13% [2] - Other notable decliners included: - *ST Rong Kong, down 4.95% to 9.40 [2] - Electronic City, down 3.24% to 6.87 [2] Capital Flow - The real estate development sector saw a net outflow of 2.307 billion yuan from institutional investors, while retail investors contributed a net inflow of 1.459 billion yuan [2][3] - Specific stocks with significant capital flow included: - Zhang Jiang Gao Ke, with a net inflow of 91.49 million yuan from institutional investors [3] - Wan Ye Enterprise, with a net outflow of 15.36 million yuan from institutional investors [3] - Zhu Mi Group, with a net inflow of 30.24 million yuan from institutional investors [3]

Group 1 - The company, Nanguo Real Estate Co., Ltd., plans to transfer its real estate development business and related assets and liabilities to its controlling shareholder, China Electric Power Construction Group Real Estate Co., Ltd. (Electric Power Real Estate) [2] - The transaction will be conducted in cash and will not involve the issuance of shares, nor will it lead to changes in the company's controlling shareholder or actual controller [2] - This transaction constitutes a related party transaction and is expected to be classified as a major asset restructuring according to the relevant regulations [2][3] Group 2 - As of the date of the announcement, the company and related parties are actively advancing the transaction process, including ongoing communication, auditing, evaluation, and due diligence [3] - The specific scope of the assets, transaction price, and other elements have not yet been finalized, and no transaction documents have been signed [3]

Group 1: Stock Trading Anomaly - The stock of Nanguo Real Estate Co., Ltd. experienced a cumulative price drop exceeding 12% over three consecutive trading days (August 19, 20, and 21) [2] - The company conducted a self-examination and confirmed that there were no undisclosed significant matters affecting stock prices [3][4] - The company is planning a major asset sale and related transactions, with the controlling shareholder intending to acquire real estate development assets and liabilities [3] Group 2: Legal Proceedings - The company's wholly-owned subsidiary, Wuhan Dabenying Commercial Management Co., Ltd., is involved in an administrative lawsuit seeking compensation of 202.41 million yuan [9][10] - A recent ruling from the Wuhan Intermediate People's Court overturned a previous judgment that dismissed the subsidiary's claims [11] - The outcome of this lawsuit is not expected to impact the company's profits for the fiscal year 2025 [12]

一、本次交易的基本情况 南国置业股份有限公司（以下简称"公司"）拟将公司持有的房地产开发业 务等相关资产及负债转让至控股股东中国电建地产集团有限公司（以下简称"电 建地产"）。 本次交易拟采用现金方式，不涉及发行股份，也不会导致公司控股股东和实 际控制人的变更。本次交易的对手方为公司控股股东电建地产，根据《深圳证券 交易所股票上市规则》及《深圳证券交易所上市公司自律监管指引第 7 号——交 易与关联交易》的相关规定，本次交易构成关联交易。经初步研究和测算，本次 交易预计构成《上市公司重大资产重组管理办法》规定的重大资产重组。 证券代码：002305 证券简称：*ST 南置 公告编号：2025-047 号 南国置业股份有限公司 关于筹划重大资产出售暨关联交易的进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、 误导性陈述或者重大遗漏。 三、风险提示 本次交易尚处于筹划阶段，交易标的资产范围、交易价格等要素均未最终确 定，交易双方尚未签署任何协议，交易方案仍需进一步论证和沟通协商，并履行 必要的决策和审批程序。 本次交易尚存在重大不确定性，根据《深圳证券交易所上市公司自律监管指 引第 ...

Group 1 - The company experienced a significant stock price fluctuation, with a cumulative decline exceeding 12% over three consecutive trading days (August 19, 20, and 21) [1] - The board of directors conducted a self-examination and verified with the controlling shareholder regarding the abnormal stock price movement, confirming no undisclosed major information [1] - The company is in the process of planning a major asset sale and related transactions, specifically involving the transfer of real estate development assets and liabilities to a related party, PowerChina Real Estate [1] Group 2 - The board confirmed that there are no undisclosed matters that should be disclosed according to the Shenzhen Stock Exchange's regulations, aside from the previously mentioned asset sale [1] - The company has not identified any need to correct or supplement previously disclosed information [1]

关于全资子公司重大诉讼事项的进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导 性陈述或者重大遗漏。 特别提示： 1.案件所处的诉讼阶段：终审裁定 证券代码：002305 证券简称：*ST 南置 公告编号：2025-046 号 南国置业股份有限公司 2.上市公司所处的当事人地位：全资子公司武汉大本营商业管理有限公司为原告 3.本次判决金额：20,241 万元 4.对上市公司产生的影响：本次裁定为终审裁定。本次诉讼进展不会对公司 2025 年度利润产生影响。 《行政裁定书》 特此公告。 南国置业股份有限公司 董事会 二、诉讼进展情况及对公司的影响 近日，武汉大本营收到湖北省武汉市中级人民法院行政裁定书【（2025）鄂 01 行 终 668 号】，裁定：撤销湖北省武汉市硚口区人民法院作出的（2024）鄂 0104 行初 169 号行政判决；驳回武汉大本营的起诉。 本次裁定为终审裁定。本次诉讼进展不会对公司 2025 年度利润产生影响。 三、备查文件 一、诉讼事项的基本情况 南国置业股份有限公司（以下简称"公司"或"南国置业"）全资子公司武汉大 本营商业管理有限公司（以下简称"武汉 ...

证券代码：002305 证券简称：*ST 南置 公告编号：2025-045 号 南国置业股份有限公司 股票交易异常波动公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导 性陈述或者重大遗漏。 一、股票交易异常波动的情况介绍 南国置业股份有限公司(以下简称"公司")连续 3 个交易日（8 月 19 日、8 月 20 日、8 月 21 日）收盘价格跌幅偏离值累计超过 12%，根据《深圳证券交易所交易规则》 的相关规定，属于股票交易异常波动。 二、对重要问题的关注、核实情况说明 3、公司正在筹划重大资产出售暨关联交易事项。公司控股股东中国电建地产集团 有限公司（以下简称"电建地产"）拟受让公司持有的房地产开发业务等相关资产和负 债。具体内容详见公司于 2025 年 4 月 25 日披露的《关于筹划重大资产出售暨关联交 易的提示性公告》及 2025 年 5 月 24 日、6 月 25 日、7 月 25 日披露的《关于筹划重大 资产出售暨关联交易的进展公告》； 4、经核查，公司、控股股东和实际控制人不存在关于公司的应披露而未披露的重 大事项； 5、经核查，控股股东、实际控制人在股票交易异常 ...

Group 1 - The company experienced abnormal stock trading fluctuations, with a cumulative closing price increase exceeding 12% over three consecutive trading days (August 12, 13, and 14) [1] - The board of directors conducted a self-examination and confirmed that there were no undisclosed significant matters affecting the stock price [2][3] - The company is planning a major asset sale and related party transaction, where its controlling shareholder intends to acquire its real estate development business and related assets and liabilities [2] Group 2 - The board confirmed that there are no undisclosed matters that should have been disclosed according to the Shenzhen Stock Exchange regulations [3] - The controlling shareholder and actual controller did not trade the company's stock during the period of abnormal trading fluctuations [2] - The company has been subject to "delisting risk warning" due to negative net assets and "other risk warning" due to uncertainty in its ability to continue as a going concern [5]

证券代码：002305 证券简称：*ST 南置 公告编号：2025-044 号 南国置业股份有限公司 股票交易异常波动公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导 性陈述或者重大遗漏。 一、股票交易异常波动的情况介绍 5、经核查，控股股东、实际控制人在股票交易异常波动期间未买卖公司股票； 6、公司不存在违反公平信息披露的情形。 三、是否存在应披露而未披露信息的说明 本公司董事会确认，除前述事项（指第二部分涉及的披露事项）外，公司没有任 何根据深圳证券交易所《股票上市规则》等有关规定应予以披露而未披露的事项或与 南国置业股份有限公司(以下简称"公司")连续 3 个交易日（8 月 12 日、8 月 13 日、8 月 14 日）收盘价格涨幅偏离值累计超过 12%，根据《深圳证券交易所交易规则》 的相关规定，属于股票交易异常波动。 二、对重要问题的关注、核实情况说明 针对公司股票异常波动情况，公司董事会通过自查，并向公司控股股东、实际控 制人进行了核实，现将有关情况说明如下： 1、公司前期所披露的信息，不存在需要更正、补充之处； 2、公司未发现近期公共传媒报道了可能或已经对公司股票 ...

Market Performance - On August 13, the real estate development sector rose by 0.32% compared to the previous trading day, with Wantong Development leading the gains [1] - The Shanghai Composite Index closed at 3683.46, up 0.48%, while the Shenzhen Component Index closed at 11551.36, up 1.76% [1] Top Gainers - Wantong Development (600246) closed at 10.15, with a gain of 9.97% and a trading volume of 2,999,600 shares, amounting to a transaction value of 2.851 billion [1] - Quzhou Development (600208) closed at 4.53, gaining 9.95% with a trading volume of 417,800 shares, totaling 189 million [1] - Electronic City (600658) closed at 6.31, up 9.93% with a trading volume of 524,100 shares, resulting in a transaction value of 330 million [1] Top Losers - Shenzhen Properties A (000011) closed at 10.13, down 3.71% with a trading volume of 644,900 shares, amounting to a transaction value of 672 million [2] - Zhongzhou Holdings (000042) closed at 8.72, down 2.24% with a trading volume of 159,800 shares, totaling 13.9 million [2] - Beichen Industry (601588) closed at 1.86, down 2.11% with a trading volume of 265,800 shares, resulting in a transaction value of 49.887 million [2] Capital Flow - The real estate development sector experienced a net outflow of 910 million from institutional investors, while retail investors saw a net inflow of 833 million [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their investments [2][3] Individual Stock Capital Flow - Wantong Development saw a net inflow of 1.35% from institutional investors, while retail investors had a net outflow of 4.74% [3] - Electronic City had a net inflow of 18.94% from retail investors, but a net outflow of 11.14% from institutional investors [3] - Hefei Urban Construction (002208) experienced a net inflow of 15.18% from retail investors, with a significant net outflow of 15.19% from institutional investors [3]