002305SZSE

Special Explanation on Related Party Transactions of NanGuo Real Estate Co., Ltd. with Financial Companies

*ST Nan Zhi Co., Ltd.·

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This document provides a special explanation regarding the related party transactions between NanGuo Real Estate Co., Ltd. and its financial company for the year 2025. It details the transactions, including deposits and borrowings, and presents a summary table of these activities. The report confirms the accuracy and completeness of the disclosed information, aligning with regulatory requirements.

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Special Explanation on Related Party Transactions of NanGuo Real Estate Co., Ltd. with Financial Companies

Table of Contents

  • Special Explanation on Related Party Transactions with Financial Companies
  • Summary Table of Related Party Transactions with Financial Companies

To All Shareholders of NanGuo Real Estate Co., Ltd.:

We have audited the 2025 financial statements of NanGuo Real Estate Co., Ltd. (hereinafter referred to as "NanGuo Real Estate"), including the consolidated and parent company balance sheets as of December 31, 2025, the consolidated and parent company income statements for 2025, the consolidated and parent company statements of cash flows, the consolidated and parent company statements of changes in owners' equity, and the related financial statement notes. We issued an unqualified opinion audit report with report number Xin Shi Shi Bao Zi [2026] No. ZG11337 on April 27, 2026.

NanGuo Real Estate's management has prepared the attached Summary Table of Related Party Transactions with Financial Companies for NanGuo Real Estate for 2025 (hereinafter referred to as the "Summary Table of Financial Company Related Party Transactions") in accordance with the "Notice on Regulating Business Transactions Between Listed Companies and Enterprise Group Financial Companies" (Zheng Jian Fa [2022] No. 48) issued by the China Securities Regulatory Commission and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 7 - Transactions and Related Party Transactions (2023 Revision)".

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