002305SZSE

Announcement on Re-appointment of Accounting Firm

*ST Nan Zhi Co., Ltd.·

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Nan Guo Real Estate Co., Ltd. announces its intention to re-appoint Lixin Certified Public Accountants (Special General Partnership) as its auditor for the 2026 financial statements and internal control audit. The decision follows a review by the Audit Committee and approval by the Board of Directors, and will be submitted to the shareholders' meeting for final approval. The proposed audit fees for 2025 are RMB 1.4 million.

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Securities Code: 002305 Securities Abbreviation: *ST Nan Zhi Announcement No.: 2026-018

Nan Guo Real Estate Co., Ltd. Announcement on Re-appointment of Accounting Firm

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.

Special Reminders:

  1. The re-appointment of the accounting firm complies with the "Measures for the Selection of Accounting Firms by State-owned Enterprises and Listed Companies" issued by the Ministry of Finance, the State-owned Assets Supervision and Administration Commission of the State Council, and the China Securities Regulatory Commission.
  2. Previous Year's Audit Opinion: The audit opinion on the Company's 2024 financial statements was an unqualified opinion with a paragraph on material uncertainty related to going concern.
  3. This Year's Audit Opinion: The audit opinion on the Company's 2025 financial statements is a standard unqualified opinion.

Nan Guo Real Estate Co., Ltd. (hereinafter referred to as the "Company") held the third meeting of its seventh Board of Directors on April 27, 2026, and deliberated and passed the "Proposal on Re-appointing the Accounting Firm." Based on the recommendation of the Company's Audit Committee, it was agreed to re-appoint Lixin Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Lixin") as the auditor for the Company's 2026 financial statements and internal control audit. This proposal will be submitted to the shareholders' meeting for deliberation. This re-appointment complies with the "Measures for the Selection of Accounting Firms by State-owned Enterprises and Listed Companies." The relevant matters are hereby announced as follows:

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