股票代码:002305 股票简称:*ST 南置 公告编号:2025-067 号 南国置业股份有限公司 第六届监事会第十次临时会议决议公告 本公司及监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。 国置业股份有限公司重大资产出售暨关联交易报告书（草案）（修订稿）》及其摘要。 本议案尚需提交公司股东大会审议通过。 一、监事会会议召开情况 南国置业股份有限公司（以下简称"公司"）第六届监事会第十次临时会议通知于 2025 年 10 月 12 日以邮件及通讯方式送达，会议于 2025 年 10 月 15 日以通讯表决的方 式召开。会议由监事会主席姚桂玲女士主持，会议应到监事 3 人，实到监事 3 人。会议 的召开符合有关法律、法规和《公司章程》的规定。 二、监事会会议审议情况 （一）审议通过了《关于<南国置业股份有限公司重大资产出售暨关联交易报告书 （草案）（修订稿）>及其摘要的议案》 公司拟将房地产开发、租赁业务相关资产及负债出售给控股股东中国电建地产集团 有限公司的全资子公司上海泷临置业有限公司（以下简称"本次交易"）。 根据《中华人民共和国公司法》《中华人民共和国证券法》 ...

证券代码：002305 证券简称：*ST 南置 公告编号：2025-066 号 南国置业股份有限公司 第七届董事会第二次临时会议决议公告 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、会议召开情况 南国置业股份有限公司（以下简称"公司"）第七届董事会第二次临时会议通知于 2025 年 10 月 12 日以邮件及通讯方式送达，会议于 2025 年 10 月 15 日以现场结合视频 表决的方式召开。会议由董事长李明轩先生主持，会议应到董事 7 人，实到董事 7 人， 公司监事、高级管理人员列席会议。会议的召开符合有关法律、法规和《公司章程》 的规定。 二、会议审议事项 会议审议通过了如下议案： 1、审议通过了《关于<南国置业股份有限公司重大资产出售暨关联交易报告书 （草案）（修订稿）>及其摘要的议案》 公司拟将房地产开发、租赁业务相关资产及负债出售给控股股东中国电建地产集 团有限公司的全资子公司上海泷临置业有限公司（以下简称"本次交易"）。 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司重大资产重 组管理办法》《上市公司监管指引第 9 号—— ...

New Stock Issuance - New stock issuance includes 泰凯英 (code: 920020) at an issuance price of 7.50 and 超颖电子 (code: 732175) at 17.08[1] Equity Market Alerts - 上纬新材 (code: 688585) is undergoing a tender offer from September 29, 2025, to October 28, 2025[1] - 科思科技 (code: 688788) and 博瑞医药 (code: 688166) have recent announcements dated September 26, 2025, and October 10, 2025, respectively[1] - 南新制药 (code: 688189) reported severe abnormal fluctuations on October 10, 2025[1] Trading Alerts - A total of 50 stocks have trading alerts with the latest announcements on October 15, 2025, including 国光连锁 (code: 605188) and 中持股份 (code: 603903)[1] - The lowest trading alert price recorded is 1,116 for 赛恩斯 (code: 688480)[1]

Investment Rating - The report does not explicitly state an investment rating for the industry, but it provides insights into the ESG performance of central enterprises in the real estate sector, indicating a mixed performance across various metrics [3][4]. Core Insights - The report evaluates the ESG performance of 10 central enterprises in the real estate sector, revealing that over half of the companies scored above 60 points, with social responsibility and governance aspects performing relatively well, while climate and environmental disclosures need improvement [10][23]. - The overall scores show significant variation, with three companies scoring below 60, three between 80-89 (including China Merchants Shekou, Poly Developments, and Joy City), and one company, China Merchants Jinling, scoring above 90 [10][23]. Summary by Sections 1. Overall Scores and Climate Disclosure - More than half of the companies scored above 60 points, indicating a need for improvement in climate disclosures [10]. - Companies with scores below 60: 3; scores between 80-89: 3; scores above 90: 1 [10]. 2. Environmental Performance - The environmental indicators scored relatively high, with most companies showing strong awareness of environmental protection [16]. - Five companies scored between 17-20 points, and four scored between 14-16 points, reflecting a commitment to resource utilization and emission reduction [16]. 3. Climate Performance - The climate indicators scored lower, with over half of the companies needing to enhance their climate disclosures [23]. - Three companies scored between 14-19 points, while five scored between 0-6 points, indicating a lack of emphasis on climate disclosures [23]. 4. Social Responsibility - The social indicators scored high, with five companies scoring between 23-29 points, demonstrating a strong commitment to social responsibility [29]. - Companies actively engaged in rural revitalization and public welfare initiatives, with detailed disclosures on consumer rights protection [29]. 5. Governance - The governance indicators scored high, with most companies having well-structured governance frameworks [41]. - Six companies scored between 17-22 points, indicating robust internal control and compliance management systems [41].

Investment Rating - The report gives a positive outlook on the central state-owned real estate industry, rating it as "Look Favorably" [3] Core Insights - The report evaluates the ESG performance of 10 central state-owned enterprises in the real estate sector, highlighting that over half of the companies scored above 60 points, with strong performance in social responsibility and governance, but needing improvement in climate and environmental disclosures [4][12] - The scoring results show a significant disparity, with three companies scoring below 60, three between 80-89 (including China Merchants Shekou, Poly Developments, and Dayuecheng), and one company, China Merchants Jinling, scoring above 90 [12] - The report emphasizes the importance of enhancing climate disclosures, as over half of the companies still need to improve in this area [27] Summary by Sections Overall Score Distribution - More than half of the companies scored above 60 points, indicating a relatively good performance in social responsibility and environmental aspects, while climate disclosures require further enhancement [12][27] Environmental Performance - Most central state-owned real estate companies show strong awareness of environmental protection, with five companies scoring between 17-20 points and four companies scoring between 14-16 points [18][22] - Companies have disclosed resource utilization and emission reduction measures, with high scores in "green low-carbon measures," "green buildings," and "green construction" [18][22] Climate Performance - The climate indicators received lower scores, with three companies scoring between 14-19 points and five companies scoring between 0-6 points, indicating a need for improved climate disclosures [27][32] - Only one company, China Merchants Jinling, fully disclosed its climate governance measures, while eight companies disclosed their climate response strategies, but only one did so completely [29][33] Social Responsibility - The social indicators scored relatively high, with five companies scoring between 23-29 points, demonstrating good performance in fulfilling social responsibilities, including rural revitalization and consumer rights protection [35][39] - Nine companies disclosed rural revitalization cases, and five companies reported measures for constructing affordable housing [39] Governance - The governance indicators also scored high, with most companies having well-structured governance frameworks. Six companies scored between 17-22 points, while four scored between 14-16 points [47][52] - All ten companies disclosed their governance structures, indicating a commitment to transparency and compliance [52][56]

证券代码：002305 证券简称：*ST 南置 公告编号：2025-065 号 南国置业股份有限公司 股票交易异常波动公告 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； 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（10 月 10 日、10 月 13 日、10 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交易价格产生较大影响 的未公开重大信息； 3、公司于 2025 年 9 月 17 日召开第七届董事会第一次临时会议，审议通过了《关 于公司本次重大资产出售暨关联交易方案的议案》等相关议案，公司拟向控股股东中 ...

Core Points - The Shanghai Composite Index is currently at 3870.35 points, above the annual line, with a decline of 0.49% and a total trading volume of 20,965.31 billion yuan [1] - A total of 67 A-shares have surpassed the annual line today, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - Stocks with the highest deviation rates include: - Ainoju (艾能聚) with a deviation rate of 8.12% and a daily increase of 9.39% [1] - LiuGong (柳工) with a deviation rate of 5.44% and a daily increase of 5.69% [1] - Asia Optical (亚世光电) with a deviation rate of 5.10% and a daily increase of 9.99% [1] - Other stocks that have just crossed the annual line include: - Guangzhou Restaurant (广州酒家) and Junzheng Group (君正集团) with smaller deviation rates [1] Trading Data - The trading data for stocks that broke the annual line includes: - Ainoju: Latest price 20.62 yuan, annual line 19.07 yuan, turnover rate 22.19% [1] - LiuGong: Latest price 11.51 yuan, annual line 10.92 yuan, turnover rate 7.78% [1] - Asia Optical: Latest price 23.13 yuan, annual line 22.01 yuan, turnover rate 12.90% [1]

Market Overview - On September 25, the real estate development sector declined by 0.69%, with Dalong Real Estate leading the drop [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index closed at 13445.9, up 0.67% [1] Stock Performance - Notable gainers in the real estate sector included: - Shiguyou (600848) with a closing price of 11.00, up 3.19% on a trading volume of 821,400 shares and a turnover of 905 million [1] - Hefei Urban Construction (002208) at 7.06, up 2.92% with a trading volume of 575,900 shares and a turnover of 405 million [1] - Major decliners included: - Dalong Real Estate (600159) at 3.30, down 10.08% with a trading volume of 1,564,300 shares and a turnover of 538 million [2] - Jintou City Development (600322) at 2.35, down 6.37% with a trading volume of 868,900 shares and a turnover of 210 million [2] Capital Flow - The real estate development sector experienced a net outflow of 1.84 billion in main funds, while retail investors saw a net inflow of 1.138 billion [2][3] - Notable stocks with significant capital inflows included: - China National Trade (600007) with a net inflow of 15.34 million, representing 18.30% of its trading volume [3] - Shiguyou (600848) with a net outflow of 40.30 million, accounting for 4.45% of its trading volume [3]

Group 1: Core Trends in Real Estate Companies - Several real estate companies are accelerating the divestiture of their development businesses to transition towards light-asset operations [1][2] - Companies like Nanguo Real Estate and China Communications Real Estate are transferring their development assets for a nominal price of 1 yuan to focus on more stable light-asset businesses such as property services and asset management [2][3] - The trend of divesting development businesses is not isolated, as Midea Real Estate reported a revenue of 2 billion yuan in the first half of the year, marking a 41% year-on-year increase, indicating a successful business restructuring [2] Group 2: Mergers and Acquisitions for Growth - Some small and medium-sized real estate companies are pursuing mergers and acquisitions to expand their business scope, such as New Dazheng Property Group planning to acquire at least 51% of Jiaxin Liheng Facility Management [4] - Cross-industry mergers are gaining attention, with companies like Quzhou Xinan Development and Beijing Wantong New Development entering the technology sector through acquisitions [4] - The real estate industry is entering a stock era, with a slowdown in development activities prompting companies to exit development businesses, which may help accelerate industry clearing and enhance concentration [4]

Core Viewpoint - *ST Nanzhi has announced a significant asset disposal plan, aiming to shift from real estate development to light asset operations, amidst ongoing financial struggles and a risk of delisting [1][4][5]. Group 1: Company Background - *ST Nanzhi, established in 1998, was once a leading commercial real estate company in Wuhan, known for projects like Fan Yue Mall and Fan Yue Hui [3]. - The company has faced severe financial losses, with a cumulative net loss of 6.8 billion yuan from 2021 to the first half of 2025, leading to a negative net asset of -1.548 billion yuan and a debt ratio of 107.64% as of June 2025 [3][4]. Group 2: Asset Disposal Plan - On September 18, 2025, *ST Nanzhi announced plans to transfer real estate development and leasing-related assets and liabilities to its controlling shareholder, Electric Power Construction Group's subsidiary, Shanghai Longlin, for a nominal price of 1 yuan [2][6]. - The transaction involves 17 equity assets and 11.579 billion yuan in other payables, with total assets involved amounting to nearly 20 billion yuan [2][5]. Group 3: Strategic Shift - The company aims to transition to commercial and urban comprehensive operations, moving away from traditional real estate development [5][8]. - Post-transaction, *ST Nanzhi will focus on business operations such as commercial management, office management, and long-term rental apartments, while retaining management-related assets [5][8]. Group 4: Financial Implications - The assets being disposed of generated 2.735 billion yuan in revenue in 2024, while the company's total revenue for the same period was 2.970 billion yuan [7]. - Following the asset disposal, the company's total assets and revenue will significantly decrease, marking a shift from heavy to light asset operations [8]. Group 5: Market Reaction - The market has shown sensitivity to *ST Nanzhi's restructuring efforts, with stock price fluctuations observed, including a recent surge to 2.47 yuan per share after a month of decline [8].