Nanfang Co., Ltd. (600250): The Main Business Of The Company Does Not Involve The Concept Of Pension

Nanfang Co., Ltd. (600250) announced that the deviation value of daily closing price increase of the company's stock trading in three consecutive trading days on May 10, 2021, May 11, 2021 and May 12, 2021 exceeds 20%, which belongs to abnormal fluctuation of stock trading.

According to the announcement, as of the disclosure date of this announcement, there is no material information that should be disclosed but not disclosed after self inspection and verification with controlling shareholders and actual controllers.

In addition, there is a recent market rumor that the company is involved in the pension concept. The relevant information is as follows:

The company's main business is business and tourism, not involving the concept of pension.

Landsea Group Co., Ltd., an associated company with 26.2% of the company's shares, is mainly engaged in real estate development. Its net profit attributable to the parent company in 2020 is 22.2289 million yuan, and the company's investment income calculated by equity method is 5.823 million yuan.