Nan Jing Xin Jie Kou Department Store Co.Ltd(600682) plans to purchase 80% equity of Xuzhou new health and Xinbai real estate

Nan Jing Xin Jie Kou Department Store Co.Ltd(600682) announced that the company plans to exchange assets with Nanjing sanbo medical, and the company will exchange 100% equity of Xinbai real estate and 80% equity of Xuzhou new health held by Nanjing sanbo medical. The price of 80% equity of Xuzhou new health is 17 Shanghai Ailu Package Co.Ltd(301062) million yuan; Xinbai real estate is priced at 17 Shanghai Ailu Package Co.Ltd(301062) million yuan. After the replacement, the company will hold 80% of the equity of Xuzhou new health and no longer hold the equity of Xinbai real estate. Xuzhou new health is a three-level hospital jointly funded and built by Nanjing sanbo medical and Xuzhou state owned assets investment and Management Group Co., Ltd. The hospital was officially opened in April 2021 with excellent traffic environment. It is a designated hospital for employee medical insurance, resident medical insurance, new rural cooperative medical system and many commercial insurance institutions. Nanjing sanbo medical is an enterprise actually controlled by the actual controller of the company.