Nanfang Shares (600250): Receipt Of Feedback Notice

Original title: Nanjing textile import and export Limited by Share Ltd's notice on receipt of a notice of feedback from the China Securities Regulatory Commission on administrative licensing examination

The board of directors and all directors of the company guarantee that there is no false record, misleading statement or major omission in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Nanjing textile import and export Limited by Share Ltd (hereinafter referred to as Nanfang shares or company) intends to issue shares to buy 51% stake in Nanjing Qinhuai scenery tourism Limited by Share Ltd and raise matching funds. In September 27, 2019, the company received a notice of feedback from the China Securities Regulatory Commission (CSRC) on the examination of the administrative licensing of the China Securities Regulatory Commission (No. 192406). The China Securities Regulatory Commission (CSRC) has conducted a review of the application materials for administrative licensing of the "Nanjing textile import and export Limited by Share Ltd listing company purchase assets approval" according to law. It is now necessary for the company to make written explanations and explanations on the relevant issues and submit written reply to the administrative licensing department of the China Securities Regulatory Commission within 30 working days.

The company and the relevant intermediaries will, in accordance with the requirements of the above-mentioned notice, disclose the feedback opinions in the form of announcements after the relevant issues are implemented one by one, and submit the written reply to the administrative licensing department of the China Securities Regulatory Commission within the prescribed time limit.

It is still uncertain for the company to purchase assets and raise matching funds and related transaction matters. The company will fulfill its obligation of information disclosure in accordance with the progress made by the CSRC. We invite investors to pay attention to the company's subsequent announcements and pay attention to investment risks.

Notice hereby

The board of directors of Nanjing textiles import and export Limited by Share Ltd

September 28, 2019