Nanjing Business & Tourism Corp.,Ltd. announced a private placement to issue A Shares at an issue price not less than 80% of the average trading price of the company's shares in the 20 trading days before the pricing base date on June 7, 2024. The transaction will include participation from not more than 35 investors. The shares of the listed company subscribed by the issuing parties in this issuance of shares to no more than 35 other specific investors to raise matching funds shall not be transferred within 6 months from the date of completion of the issuance.

The transaction has been approved by shareholders.