证券代码：002305 证券简称：*ST南置 公告编号：2025-032号 南国置业股份有限公司 关于举行2024年度业绩说明会并征集问题的公告 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。 南国置业股份有限公司（以下简称"公司"）已于2025年4月29日在巨潮资讯网 （http://www.cninfo.com.cn）上披露了《2024年年度报告》及《2024年年度报告摘要》。 为便于广大投资者进一步了解公司2024年年度经营情况，公司定于2025年5月16日（星期五）下午15:00 至16:00时在"约调研"小程序举行2024年度网上业绩说明会。本次网上业绩说明会将采用网络远程的方 式举行，投资者可登陆"约调研"小程序参与互动交流。为广泛听取投资者的意见和建议，提前向投资者 征集问题，提问通道自发出公告之日起开放。 参与方式一：在微信小程序中搜索"约调研"后，点击"网上说明会"参与交流； 参与方式二：微信扫一扫以下二维码： ■ 投资者依据提示，授权登入"约调研"小程序，即可参与交流。 敬请广大投资者积极参与。 特此公告。 南国置业股份有限公司 董事会 2 ...

证券代码：002305 证券简称：*ST南置 公告编号：2025-032号 南国置业股份有限公司 关于举行 2024 年度业绩说明会并征集问题的公告 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。 南国置业股份有限公司（以下简称"公司"）已于2025年4月29日在巨潮资 讯网（http://www.cninfo.com.cn）上披露了《2024年年度报告》及《2024年年 度报告摘要》。 为便于广大投资者进一步了解公司2024年年度经营情况，公司定于2025年5 月16日（星期五）下午15:00至16:00时在"约调研"小程序举行2024年度网上业 绩说明会。本次网上业绩说明会将采用网络远程的方式举行，投资者可登陆"约 调研"小程序参与互动交流。为广泛听取投资者的意见和建议，提前向投资者征 集问题，提问通道自发出公告之日起开放。 参与方式一：在微信小程序中搜索"约调研"后，点击"网上说明会"参与 交流； 参与方式二：微信扫一扫以下二维码： 投资者依据提示，授权登入"约调研"小程序，即可参与交流。 公司董事长、独立董事、总经理、董事会秘书、财务总监等相关人员届时 ...

Group 1: New Stock Offerings - ST Xinchao (600777) has a tender offer period from April 23, 2025, to May 22, 2025[1] - Puli Tui (300630) has 7 trading days remaining until the last trading day[1] - ST Zhongcheng (300208) reported severe abnormal fluctuations[1] Group 2: Trading Alerts - Jintai (300225) and other stocks are under observation for trading alerts due to abnormal fluctuations[1] - ST Yida (600608) and ST Huke (600608) are also flagged for trading alerts[1] - Multiple stocks including ST Shengda (002259) and ST Yushun (002289) are under scrutiny for trading activities[1] Group 3: Recent Announcements - Guofang Group (601086) and other companies have made recent announcements regarding their stock activities[1] - A total of 7 trading days remain for several stocks approaching their last trading day[1] - Various companies including ST Huada (603580) and ST Aiai (603580) have made recent disclosures[1]

Core Viewpoint - The ST sector has shown a positive performance with a 1.11% increase, leading among concept sectors, while some stocks within the sector have reached their daily limit up [1][2]. Group 1: ST Sector Performance - As of May 9, the ST sector increased by 1.11%, with 123 stocks rising, including *ST Huicheng, ST Xuefa, and *ST Dongyi, which hit the daily limit up [1]. - Notable gainers in the ST sector included ST Xiangxue (up 8.70%), ST Kaili (up 7.54%), and ST Xindongli (up 5.26%) [1]. - The stocks with the largest declines included *ST Dongtong (down 5.73%), ST Huaxi (down 5.08%), and *ST Mubang (down 4.99%) [1]. Group 2: Capital Flow Analysis - The ST sector experienced a net outflow of 341 million yuan from major funds, with 88 stocks receiving net inflows [2]. - The stock with the highest net inflow was *ST Jinglun, which saw a net inflow of 50.59 million yuan, followed by *ST Xingguang and *ST Nanzhi with net inflows of 27.10 million yuan and 21.03 million yuan, respectively [2]. - In terms of net inflow ratios, *ST Chuangxing, *ST Heke, and *ST Lihang led with net inflow ratios of 86.30%, 76.60%, and 58.28% respectively [3]. Group 3: Individual Stock Performance - The top performers in the ST sector based on daily change included *ST Jinglun (up 3.23%), *ST Xingguang (up 4.82%), and *ST Nanzhi (up 2.61%) [3][4]. - Other notable gainers included ST Zhangjiajie (up 5.00%) and ST Shengtun (up 1.44%) [4]. - Conversely, *ST Dongtong and ST Huaxi were among the largest decliners, with significant drops of 5.73% and 5.08% respectively [6].

Group 1 - The A-share market showed strong performance on May 7, with all three major indices rising due to favorable policy support, with the Shanghai Composite Index closing at 3342.67 points, up 0.80% [1] - The real estate sector saw significant gains, with 83 out of 107 stocks rising, indicating a broad-based rally in the sector [1] - The reduction in personal housing provident fund loan rates is expected to lower purchasing costs, enhance market activity, and improve sales expectations for real estate companies [1] Group 2 - For a first-time homebuyer taking a 1 million yuan, 30-year fixed-rate housing provident fund loan, the monthly payment decreased from 4136 yuan to 4003 yuan, resulting in a total interest reduction of nearly 50,000 yuan over 30 years [2] - The adjustment in provident fund loan rates is driven by the need to optimize housing policies and align with commercial bank lending rates [2] - Future developments in the real estate sector are expected to vary by city, with first-tier and hot second-tier cities likely to further optimize purchase and loan restrictions, while third and fourth-tier cities may increase land supply and purchase subsidies to balance market supply and demand [2]

Core Viewpoint - *ST Nanzhi reported significant declines in revenue and net profit for the period ending March 31, 2025, indicating severe financial distress and poor performance compared to peers in the industry [1][3]. Financial Performance - As of March 31, 2025, *ST Nanzhi's total operating revenue was 116 million yuan, ranking 75th among disclosed peers, a decrease of 77.68 million yuan or 40.08% year-on-year [1]. - The company's net profit attributable to shareholders was -463 million yuan, ranking 84th among peers, a decline of 725 million yuan or 276.50% year-on-year [1]. - Operating cash flow showed a net inflow of 77.61 million yuan, ranking 25th among peers, an increase of 894 million yuan compared to the same period last year [1]. Financial Ratios - The latest debt-to-asset ratio was 104.99%, ranking 91st among peers, an increase of 2.26 percentage points from the previous quarter and 14.93 percentage points year-on-year [3]. - The gross profit margin was -123.50%, ranking 91st among peers, a decrease of 106.83 percentage points from the previous quarter and 61.26 percentage points year-on-year [3]. - The diluted earnings per share were -0.27 yuan, ranking 86th among peers, a decrease of 0.42 yuan or 276.46% year-on-year [3]. - The total asset turnover ratio was 0.01 times, ranking 84th among peers, unchanged from the previous year but down 24.66% year-on-year [3]. - The inventory turnover ratio was 0.03 times, ranking 71st among peers, remaining stable year-on-year with a 6.83% increase compared to the previous year [3]. Shareholder Structure - The number of shareholders was 59,600, with the top ten shareholders holding 750 million shares, accounting for 43.25% of the total share capital [3]. - The largest shareholder, China Power Construction Real Estate Group Co., Ltd., held 22.43% of the shares [3].

Group 1 - The core viewpoint of the article highlights that Nanguo Real Estate Co., Ltd. reported significant revenue growth in 2024 but continued to face substantial net losses, indicating a "revenue increase without profit" situation [2][4][5] - In 2024, Nanguo achieved a revenue of 2.97 billion yuan, a year-on-year increase of 180.46%, while the net profit attributable to shareholders was -2.24 billion yuan, a decrease of 32.18% [2][5] - The company has been under financial pressure, with a net asset value of -1.75 billion yuan at the end of 2024, reflecting a year-on-year decrease of 461.52% [5][6] Group 2 - Nanguo's stock was suspended on April 29, 2024, and was subject to delisting risk warnings starting April 30 due to its negative net asset value and ongoing losses [3][6] - The controlling shareholder, China Electric Power Construction Group Real Estate Co., Ltd., plans to acquire Nanguo's real estate development assets and liabilities, which is expected to improve the company's asset quality and structure [3][7] - The real estate sector is undergoing significant adjustments, with many companies, including Nanguo, considering asset light transformations to reduce debt and adapt to market conditions [9]

Core Viewpoint - Nanguo Real Estate, a commercial real estate platform under China Power Construction Corporation, reported a significant increase in revenue but continued to face substantial losses, indicating a trend of "increased revenue without increased profit" [1] Financial Performance - In 2024, Nanguo Real Estate achieved an operating income of 2.97 billion yuan, a year-on-year increase of 180.46% [1] - The company's net profit after deducting non-recurring items was -2.774 billion yuan, a year-on-year decrease of 71.32%, maintaining a similar decline rate compared to 2023 [1] - As of the end of 2024, the net assets attributable to the parent company were -1.753 billion yuan, leading to a risk of delisting under new regulatory rules [1] Business Operations - Nanguo Real Estate operates 19 commercial projects with a total operational area of 1.16 million square meters and signed contracts with over 300 quality brands in the year [1] - In the urban operation sector, the company collaborates with local state-owned platforms, managing 12 projects with an operational area of 250,000 square meters, covering various asset types [1] Strategic Moves - Prior to the annual report, Nanguo Real Estate announced that China Power Construction Corporation plans to acquire the company's real estate development assets and liabilities, with specific transaction details yet to be determined [2] - This potential major asset restructuring could significantly alleviate the company's financial burden and optimize its asset structure, enhancing operational efficiency [3] Market Context - The ongoing liquidity crisis faced by Nanguo Real Estate has drawn attention, especially in light of recent regulatory policies aimed at stabilizing the real estate market [3] - The market remains in a weak recovery phase, and the sustainability of this recovery is uncertain, necessitating further observation [3]

南国置业表示，本次交易估值及定价尚未确定，经初步研究和测算，预计可能构成重大资产重组，但不 会导致公司控股股东和实际控制人发生变更。此次重组若能顺利推进，将有助于南国置业进一步优化资 产结构，提升公司的运营效率和盈利能力。 事实上，此前电建地产就已承诺，将利用自身资源和资本优势，积极推动南国置业业务的发展，并在可 能与南国置业存在竞争的业务领域中出现新的业务发展机会时，给予南国置业相应优先选择权。 市场分析指出，总体来看，2024年南国置业在复杂的市场环境中保持了稳健运营，而此次筹划的重大资 产出售则为公司的转型发展带来了新的机遇，随着各项业务的持续推进和转型战略的逐步落地，南国置 业未来有望实现多元化发展。(胡敏) 虽然所处的房地产行业继续承压，净利润仍未转正，但南国置业（002305）2024年的营收规模却实现大 幅增长。4月29日，公司披露的年报数据显示，2024年实现营收29.70亿元，同比增长180.46%。 从年报来看，南国置业2024年商业运营板块和城市运营板块表现相对稳健。在商业运营板块，截至2024 年底，南国置业运营项目19个，运营面积116万平方米，全年签约300余家。 在城市运营板块， ...

Summary of Key Points Core Viewpoints - The report highlights the ongoing trend of stock suspensions due to delisting risk warnings across multiple companies, indicating a potential downturn in market confidence and stability [2][3][4]. Company Listings - Several companies are scheduled for initial public offerings (IPOs) on April 29, 2025, including Tai Li Technology (301595) and Ze Run New Energy (301636), which may attract investor interest [1]. - The report notes the specific dates for various IPO-related activities, such as inquiry periods and fund unfreezing dates, which are crucial for market participants [1]. Stock Suspension Announcements - Numerous companies, including Guohua Network Security (000004) and Nanhua Biology (000504), have announced stock suspensions due to delisting risk warnings, reflecting a significant concern regarding their financial health [2][3]. - The report lists a total of 30 companies facing stock suspensions on April 29, 2025, due to various risk warnings, which may impact investor sentiment and trading volumes [2][3][4]. Special Suspensions - Companies like *ST Xu Lan (000040) and *ST Gong Zhi (000584) are highlighted for potential termination of listings, indicating severe financial distress and regulatory scrutiny [4][5]. - The report emphasizes the importance of monitoring these companies as their situations evolve, which could present both risks and opportunities for investors [4][5].