| A股 | | 11,553,321,465 | 99.9386 | | 6,166,527 | 0.0533 | 937,133 | 0.0081 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | H股 | | 3,924,206,369 | 99.9878 | | 248,594 | 0.0064 | 230,000 | 0.0058 | | | | | 普通股 | | 15,477,527,834 | 99.9510 | | 6,415,121 | 0.0414 | 1,167,133 | 0.0076 | | | | | 合计： | | | | | | | | | | | | | 审议结果：通过 | | | | | | | | | | | | | 表决情况： | | | | | | | | | | | | | 股东类 | | 同意 | | | 反对 | | | 弃权 | | | | | 型 | | 票数 | 比例 | | | | | | | | | | | | | （%） | | 票 ...

重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 5 月 28 日 (二)股东大会召开的地点：上海市长宁区空港三路 99 号东航大酒店 中国东方航空股份有限公司 China Eastern Airlines Co., Ltd. 证券代码：600115 证券简称：中国东航 公告编号：临 2025-036 中国东方航空股份有限公司 2024年度股东大会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法 律责任。 境外上市外资股股东持股占股份总数的比例（%） 17.6765 (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等 公司 2024 年度股东大会由董事会召集，公司董事长王志清主持，采用现场记名 投票和网络投票相结合的方式审议全部议案，表决方式符合《中华人民共和国公 司法》和《中国东方航空股份有限公司章程》的规定。 (五)公司董事、监事和董事会秘书的出席情况 二、 议案审议情况 (一)非累积投票议案 (三)出席会议的普通股股东和恢复表决权的优先股股东及 ...

中国北京建国门外大街 1 号国贸写字楼 2 座 12-15 层 100004 12-15th Floor, China World Office 2, No. 1 Jianguomenwai Avenue, Beijing 100004, China 电话 Tel: +86 10 6563 7181 传真 Fax: +86 10 6569 3838 电邮 Email: beijing@tongshang.com 网址 Web: www.tongshang.com 关于中国东方航空股份有限公司 2024 年度股东大会的 法律意见书 致：中国东方航空股份有限公司 根据《中华人民共和国公司法》(以下简称"公司法")、《中华人民共和国证券法》 (以下简称"证券法")、《上市公司股东会规则》(以下简称"股东会规则")、《上海证券 交易所上市公司自律监管指引第 1 号——规范运作》（以下简称"规范运作指引"）以及 《中国东方航空股份有限公司章程》（以下简称"公司章程"）的规定，北京市通商律师 事务所(以下简称"通商")接受中国东方航空股份有限公司(以下简称"中国东航"或"公 司")的委托，指派律师出席了公司 2024 年 ...

端午假期日益临近，机票进入预订高峰。据航旅纵横大数据显示，截至5月27日，端午假期国内航线机 票预订量超293万张。国际航线机票预订量超62万张，比去年同期增长约19%，中短途热门航线机票预 订量同比增长近1倍。 近期，航空股频频活跃。富途牛牛显示，自4月8日起，港股航空概念指数累计涨幅已超30%，跑赢大 盘。 5月28日，在港股普跌走势中，航空股表现依旧强势。其中，中国东方航空股份（00670.HK）涨3.4%， 中国国航（00753.HK）涨2.05%，中国南方航空股份（01055.HK）涨2.56%，美兰空港（00357.HK）涨 1.36%。 今日A股航空板块虽稍逊港股同业，仍逆势走强彰显韧性。吉祥航空（603885.SH）涨1.71%，中国国航 （601111.SH）、南方航空（600029.SH）、中国东航（600115.SH）分别上涨0.87%、0.65%、0.5%。 近期，航空股反复活跃，或与市场预期向好有关。 然而，从业绩层面看，今年一季度，多家航空公司利润大幅缩水甚至亏损。业内人士分析，春节后出行 需求季节性回落，叠加以价换量;竞争，导致票价承压下行，航司陷入旺丁不旺财;的困境。 不过，高 ...

Summary of Key Points Core Viewpoint - As of May 28, a total of 65 stocks reached their 52-week highs, with notable performances from Kingway Medical Holdings (08559), China Silver Technology (00515), and Honghui Group (00183) leading the list with high rates of increase [1]. Group 1: Stocks Reaching 52-Week Highs - Kingway Medical Holdings (08559) achieved a closing price of 0.027 with a peak of 0.045, marking a high rate of 32.35% [1]. - China Silver Technology (00515) closed at 0.280, reaching a maximum of 0.305, resulting in a high rate of 28.15% [1]. - Honghui Group (00183) had a closing price of 0.255, with a peak price of 0.255, reflecting a high rate of 27.50% [1]. - Other notable stocks include Emperor Watch and Jewellery (00887) with a high rate of 27.14% and Sogo Department Store (00312) at 21.79% [1]. Group 2: Additional Stocks with Significant Increases - Lehua Entertainment (02306) reached a high rate of 13.73% with a closing price of 2.540 [1]. - Kingway Medical (08143) had a closing price of 0.124 and a peak of 0.230, resulting in a high rate of 10.05% [1]. - Other stocks with notable increases include Zhu Feng Gold (01815) at 6.98% and Yaoshi Bang (09885) at 6.68% [1]. Group 3: Stocks with Lower Performance - The report also includes stocks that did not perform as well, with some reaching their 52-week lows, such as China Parenting Network (01736) with a low rate of -14.40% [2]. - XI Nan Tes-U (09366) and XI Nan Tes (07366) also showed declines of -10.08% and -8.60% respectively [2]. - Other stocks like He Fu Hui Huang (00733) and Pai Ge Biomedical-B (02565) experienced decreases of -7.04% and -6.95% [2].

央视网消息：5月28日是国产大飞机C919商业运营两周年。两年来，运营航线持续"上新"，最近一周，就陆续开通上海至深圳和厦门两条新航 线。航线网络覆盖中国16个城市，规模化运营全面加快。 两年间，C919不仅实现了首次商业运营，并投入繁忙的京沪航线，还第一次服务了春运，第一次飞出国门亮相新加坡航展广受好评。 从2023年5月28日全球首架交付的C919成功完成首次商业载客飞行起，国产大飞机的商业运营已满两年。C919运行技术状态正常，安全飞行表 现良好，日利用率等指标稳步提升，综合运营能力得到全面检验。 国产大飞机C919投入商业运营两年来，航线网络不断扩展，安全运营保障和服务水平进一步提升。在京沪、沪深等高收益航线上稳定运营， 不断满足我国民航市场的发展需求。 日前，国产大飞机C919正式开启上海至厦门航线的常态化商业运营。随着厦门加入C919航线网络，两年来，C919的服务范围已覆盖中国大陆 15个城市，并通过上海至香港的跨境航线迈出了国际化步伐。 目前，国航、东航、南航共18架C919飞机投入商业运营，执飞20余条商业航线，安全飞行超3.6万小时，累计运输旅客超过205万人次。 而随着C919规模化运营 ...

Core Viewpoint - China Eastern Airlines Wuhan Company has been recognized as a "National Civilized Unit," reflecting its significant contributions to the aviation industry in Central China and its commitment to safety, culture, and social responsibility [1]. Group 1: Achievements and Recognition - The company has become the largest airline in Central China in terms of fleet size, asset scale, and tax contributions, operating the most routes and flights at Wuhan Tianhe International Airport [1]. - It has received multiple honors, including the "National May Day Labor Award," "National Model Worker Family," and "Advanced Collective in Fighting COVID-19" [1]. Group 2: Party Leadership and Cultural Development - The company’s Party Committee actively promotes socialist core values and has established a robust framework for spiritual civilization construction through its numerous Party organizations [2]. - It has published cultural books and created various cultural platforms, enhancing its corporate culture and community engagement [5]. Group 3: Safety and Operational Excellence - The company has maintained a "safety first" philosophy, achieving 138.8 million hours of safe flight and executing 1.416 million flights over 23 consecutive years of safety targets [3]. - It operates 10 international routes, including to Sydney and Tokyo, and has developed premium routes to support the domestic and international aviation network [3]. Group 4: Digital Transformation and Innovation - The company is advancing its digital transformation by implementing technologies such as big data, AI, and IoT in flight operations, enhancing customer experience through self-service options [4]. Group 5: Social Responsibility and Community Engagement - The company has played a crucial role in pandemic response, being the top provider of medical transport during COVID-19 and actively participating in community support initiatives [6]. - It has launched various employee welfare programs, enhancing the quality of life for its staff and fostering a sense of belonging [9].

Group 1 - The Hong Kong aviation stocks are performing strongly, with China National Aviation (00753.HK) rising nearly 3% [1] - China Southern Airlines (01055.HK) and China Eastern Airlines (00670.HK) both increased by over 2% [1]

Group 1 - The price of light crude oil futures for July delivery on the New York Mercantile Exchange fell by $0.64, closing at $60.89 per barrel, a decrease of 1.04% [1] - The price of Brent crude oil futures for July delivery dropped by $0.65, closing at $64.09 per barrel, a decline of 1.0% [1] - Goldman Sachs forecasts that the international benchmark for crude oil, Brent, and the North American pricing benchmark, WTI, will be more subdued and persistently weak compared to the current low point in 2025-2026 [1] Group 2 - China International Capital Corporation (CICC) predicts that tariffs may further suppress the growth rate of supply in China's civil aviation industry, estimating an average annual growth rate of approximately 3.1% for passenger capacity (available seat kilometers) from 2025 to 2028, compared to 15.4% from 2009 to 2019 [1] - The average annual growth rate for passenger aircraft in the industry is expected to be only 2.8% during the same period [1] - The significant drop in oil prices since 2025 is expected to improve the cost structure for airlines, providing a solid foundation for the initiation of an aviation cycle, with potential for substantial profit elasticity for airlines if the cycle turns upward [1] Group 3 - Leading companies in the aviation sector include China Eastern Airlines (00670), China Southern Airlines (600029), Air China (601111), Capital Airport (00694), and China Civil Aviation Information Network (00696) [2]

Core Viewpoint - The average annual growth rate of China's civil aviation passenger supply (available seat kilometers, ASK) is expected to be around 3.1% from 2025 to 2028, significantly lower than the 15.4% growth rate from 2009 to 2019, indicating a solid foundation for the aviation cycle to start [1][12][64]. Supply Growth Factors - The introduction of tariffs may further suppress the growth rate of China's civil aviation supply. Although the tariff rate has significantly decreased compared to April 2025, it still impacts the willingness of Chinese airlines to introduce new Boeing aircraft, potentially leading to a longer recovery cycle for aircraft manufacturers' production capacity [3][6]. - As of April 2025, Chinese airlines have nearly 600 aircraft orders from Boeing and Airbus, with most deliveries concentrated between 2025 and 2027. However, there is a high uncertainty regarding delivery timelines, with an expected 25% of aircraft deliveries being delayed in the next three years [3][13][20]. - The impact of leased aircraft on China's aviation supply is expected to gradually diminish, as major airlines have substantial aircraft orders and are less inclined to expand their fleets through leasing due to rising leasing costs [3][43]. Aircraft Retirement Trends - The volume of aircraft retirements remains at a peak level, with the industry entering a phase of high aircraft retirements due to aging fleets and concentrated lease expirations. The retirement rate is projected to stabilize around 2.5% in the coming years [4][51]. - Factors affecting aviation supply include aircraft utilization rates, which are expected to gradually improve, and a trend of decreasing average seat numbers per aircraft due to the increasing proportion of smaller aircraft [4][59]. Tariff Impacts - The tariffs imposed on U.S. imports have increased the costs for Chinese airlines to acquire Boeing aircraft, potentially leading to a decrease in demand for new aircraft and delays in orders [6][30]. - The global supply chain for aircraft manufacturing remains tight, with tariffs exacerbating the situation by increasing the costs of imported components, thereby extending the aircraft maintenance cycles [8][7]. Production Capacity and Delivery Issues - The production capacity of Boeing, Airbus, and COMAC is affected by global supply chain constraints and tariffs, leading to slower recovery in production capacity and delivery timelines [7][20]. - The delivery peak for Airbus aircraft is expected in 2026, while Boeing's delivery peak is anticipated in 2027, with significant uncertainty surrounding the delivery schedules due to production capacity issues [21][34]. Market Dynamics - The average annual growth rate of the passenger fleet is projected to be 2.8% from 2025 to 2028, a significant decrease from pre-2020 levels, driven by rationalized aircraft acquisitions and the peak retirement phase in the aviation market [61][64]. - The demand for domestic aircraft, particularly the C919, is expected to grow, but actual delivery timelines may be extended due to production capacity constraints and tariff impacts [35][38].