Nanfang Shares (600250):2.72 Billion Acquisition Of Qinhuai Scenery Spanformation Tourism Industry Resumption

Nanfang shares (600250) announcement, to 7.19 yuan / share to the Confucius Temple Wen brigade to issue shares in the way to buy their holdings of Qinhuai scenery 51% stake, the spanaction price is tentatively set at 272 million yuan. At the same time, the listed company intends to raise the matching funds to the non-public offering shares of the controlling group's tourism group, and raise funds no more than 80 million yuan to supplement the working capital. After the completion of the spanaction, the scenic tour business will become one of the main businesses of listed companies. The company's stock will resume trading on the market starting from 6 February 24.