Nanfang Shares (600250): SFC Merger And Reorganization Committee Audit Opinion Reply

Announcement of the Nanjing textiles import and export Limited by Share Ltd on the reply of the CSRC's merger and reorganization committee's audit opinions

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.

In November 1, 2019, the China Securities Regulatory Commission (hereinafter referred to as the China Securities Regulatory Commission) listed the merger and reorganization committee of the listed companies (hereinafter referred to as the merger and reorganization Commission) to convene the fifty-fifth meeting of the Commission on mergers and acquisitions in 2019. The Nanjing textile import and export Limited by Share Ltd (hereinafter referred to as Nanfang shares or companies) issued shares to purchase assets and raise matching funds and related transactions. According to the results of the meeting, the transaction of the company was conditionally approved. The merger and reorganization Commission issued an audit opinion on the company's purchase plan of the issue shares. The company conducted careful research and implementation of the audit opinions together with the intermediary organizations, and made supplementary information and answers to the related issues according to the relevant requirements. The details are listed in the relevant documents on the Shanghai stock exchange website (www.sse.com.cn) on the same day, the reply to the audit committee of the China Securities Regulatory Commission's merger and reorganization committee.

As of the announcement date, the company has not yet received the official approval document of the China Securities Regulatory Commission. It will be announced separately after the company receives the official approval document issued by the China Securities Regulatory Commission. 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

November 6, 2019