Core Viewpoint - China Eastern Airlines Co., Ltd. is set to hold a mid-year performance briefing on September 12, 2025, in collaboration with its subsidiary, Eastern Air Logistics Co., Ltd., to enhance investor understanding of its performance and operations [1][2]. Group 1: Performance Briefing Details - The performance briefing will take place on September 12, 2025, from 11:00 to 12:00 [2][3]. - The event will be held at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online format [2][3]. - Investors can submit questions from September 6 to September 11, 2025, via the Roadshow Center website or through email [3]. Group 2: Participants and Contact Information - Key participants in the briefing will include the Chairman, independent directors, and senior management of China Eastern Airlines and Eastern Air Logistics [2]. - Contact information for inquiries includes phone numbers and an email address for investor relations [3]. Group 3: Additional Information - After the briefing, investors can access the main content and details of the event through the Shanghai Stock Exchange Roadshow Center [4]. - The company expresses gratitude for the support and attention from investors [4].

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 2025-063 中国东方航空股份有限公司 关于与东航物流联合召开 2025 年中期业绩说明会的 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。 1 中国东方航空股份有限公司 China Eastern Airlines Co., Ltd. 一、业绩说明会类型 会议召开时间：2025 年 9 月 12 日（星期五）11:00-12:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可在 2025 年 9 月 6 日（星期六）至 9 月 11 日（星期四）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过电子邮件方式 （ir@ceair.com）向公司提出所关注的问题，邮件标题请注明"600115 业绩说明 ...

Group 1 - The core activity of Eastern Airlines' "Lingyan·Chengse" volunteer team is to conduct a series of public welfare activities titled "Lingyan Builds Dreams for the School Season" in Yunnan Province [1] - Volunteers visited the elderly in Mangkai Village, providing them with rice and cooking oil, and conducted on-site research on local specialty industries to explore new paths for industrial assistance [3] - The volunteers introduced a "Colorful Classroom" series of courses for students at Mangkai Primary School, covering topics such as party history, handicrafts, English, music, aviation knowledge, and health science [3] Group 2 - A team from Fudan University Affiliated Children's Hospital joined the volunteers to conduct congenital heart disease screenings for over 600 students, providing professional medical advice based on individual cases [6] - The school cafeteria underwent beautification upgrades, including the addition of soap boxes in the handwashing area and motivational posters on the walls, transforming it into a "flowing classroom" for education [6]

Company Overview - China Eastern Airlines is headquartered in Shanghai and was established on April 14, 1995, with its shares listed on November 5, 1997 [1] - The company primarily engages in passenger, cargo, mail, and baggage transportation, along with general aviation services, aircraft maintenance, and agency services for domestic and international airlines [1] Financial Performance - For the first half of 2025, China Eastern Airlines reported operating revenue of 66.822 billion yuan, representing a year-on-year increase of 4.09% [2] - The net profit attributable to shareholders was -1.431 billion yuan, showing a year-on-year growth of 48.30% [2] Stock Performance - As of September 5, the stock price of China Eastern Airlines increased by 2.01%, reaching 4.06 yuan per share, with a total market capitalization of 90.503 billion yuan [1] - Year-to-date, the stock price has risen by 1.50%, with a 6.01% increase over the past 20 trading days [1] Shareholder Information - As of June 30, the number of shareholders decreased to 155,100, a reduction of 11.06% from the previous period [2] - The top ten circulating shareholders include China Securities Finance Corporation, holding 430 million shares, and Hong Kong Central Clearing Limited, which increased its holdings by 55.2194 million shares to 300 million shares [3] Dividend History - Since its A-share listing, China Eastern Airlines has distributed a total of 3.296 billion yuan in dividends, with no dividends paid in the last three years [3]

Core Viewpoint - The article highlights the significance of the 80th anniversary of the victory in the Chinese People's Anti-Japanese War and the World Anti-Fascist War, emphasizing the contributions of individuals like Yang Yong in the aviation industry and their commitment to national safety and development [1][3]. Group 1: Individual Contributions - Yang Yong, a senior pilot and deputy general manager of the flight department at Eastern Airlines Beijing, has accumulated over 20,700 flight hours since joining the industry in 1998 [1]. - He has received multiple honors, including the "National May Day Labor Medal" and "Beijing Labor Model," showcasing his dedication and professionalism in aviation safety management [1]. Group 2: Emotional Reflections - Yang expressed a strong sense of responsibility as a pilot, emphasizing the commitment to ensuring passenger safety and contributing to national strength [3][4]. - His experience at the anniversary event evoked feelings of pride and security, reinforcing his determination to protect lives and advance the aviation sector in China [4].

Core Viewpoint - The three major domestic airlines in China, namely China National Aviation, Eastern Airlines, and Southern Airlines, reported revenue growth but continued to face net profit losses in their recent half-year reports for 2025 [1][2]. Group 1: Financial Performance of Airlines - China National Aviation, Eastern Airlines, and Southern Airlines achieved revenue growth of 1.56%, 4.09%, and 1.8% respectively, but all reported net losses of 18.06 billion yuan, 14.31 billion yuan, and 15.33 billion yuan [2]. - Sichuan Airlines, a regional airline, reported a registered capital of 10.6 billion yuan, total assets of 74.728 billion yuan, and a net loss of 800 million yuan for the first half of 2025 [1][2]. Group 2: Sichuan Airlines' Financial Challenges - Sichuan Airlines has faced significant losses in previous years, with losses of 2.476 billion yuan in 2020, 1.821 billion yuan in 2021, and 4.610 billion yuan in the first half of 2022, although it managed to turn a profit in 2023 [2]. - The current financial situation of Sichuan Airlines makes it challenging to meet the listing requirements for capital markets, as it has a negative net profit and an asset-liability ratio exceeding 100% [4][5]. Group 3: Future Listing Plans - Southern Airlines has plans to assist Sichuan Airlines in achieving a qualified listing by 2028, but if this is not accomplished, it may consider transferring its shares in Sichuan Airlines [3]. - The recent capital increase agreement involved Southern Airlines contributing 4.68 billion yuan to Sichuan Airlines, with a focus on enhancing its financial strength and preparing for a potential listing [3]. Group 4: Strategic Initiatives and Market Position - Sichuan Airlines is actively working on improving its financial health and has been recognized for its brand value, ranking 122nd in the "Top 500 Most Valuable Brands in China" for 2025, with a brand value of 102.587 billion yuan [5]. - The airline operates over 300 routes and has transported more than 30 million passengers and over 300,000 tons of cargo in 2023, indicating its significant market presence [6].

Investment Rating - The investment rating for the company is "Outperform the Market" [6][30]. Core Views - The company has shown improvement in its financial performance for Q2 2025, with a reduction in losses. The total revenue for the first half of 2025 was 66.822 billion yuan, a year-on-year increase of 4.09%, with a net profit attributable to shareholders of -1.431 billion yuan, compared to -2.768 billion yuan in the same period last year [1][9]. - Despite a significant increase in passenger transport volume and seat utilization, the revenue per available seat kilometer (RPK) has declined, indicating pressure on earnings due to oversupply in the industry [2][4]. - The company is expected to face challenges in profitability due to a weak domestic economy and competitive pricing in the airline sector, leading to a downward revision of profit forecasts for 2025-2027 [4][30]. Financial Performance Summary - In Q2 2025, the company achieved a revenue of 33.416 billion yuan, a year-on-year increase of 7.76%, with a net profit of -0.436 billion yuan, improving from -1.965 billion yuan in the same quarter last year [1][9]. - The passenger transport volume, revenue passenger kilometers (RPK), and available seat kilometers (ASK) increased by 9.55%, 13.61%, and 8.47% respectively in Q2 2025, with a seat utilization rate of 85.63%, up 3.87 percentage points year-on-year [2][11]. - The company's operating costs for Q2 2025 were 31.789 billion yuan, a year-on-year increase of 3.29%, while the unit cost per ASK decreased by 4.71% to 0.41 yuan [3][17]. Profit Forecasts - The profit forecasts for the company have been adjusted downwards, with expected net profits of 1.08 billion yuan, 3.60 billion yuan, and 5.97 billion yuan for 2025, 2026, and 2027 respectively, reflecting a significant reduction in expectations for 2025 and 2026 [4][30]. - The company is projected to see a gradual recovery in profitability, with a return to positive net income expected by 2025 [4][30]. Valuation Comparisons - The company is compared with peers, showing that its price-to-earnings (PE) ratio for 2025 is significantly higher than that of comparable companies, indicating a potential undervaluation relative to its peers by 2027 [29][31].

Group 1 - China Eastern Airlines' stock price decreased by 1.25% on September 3, with a trading volume of 290 million yuan [1] - The financing buy-in amount for China Eastern Airlines on the same day was 18.11 million yuan, while the financing repayment was 23.17 million yuan, resulting in a net financing buy of -5.06 million yuan [1] - As of September 3, the total financing and securities lending balance for China Eastern Airlines was 375 million yuan, with the financing balance at 374 million yuan, accounting for 0.55% of the circulating market value, which is below the 30% percentile level over the past year [1] Group 2 - As of June 30, the number of shareholders for China Eastern Airlines was 155,100, a decrease of 11.06% compared to the previous period [2] - For the first half of 2025, China Eastern Airlines reported operating revenue of 66.82 billion yuan, a year-on-year increase of 4.09%, while the net profit attributable to shareholders was -1.43 billion yuan, an increase of 48.30% year-on-year [2] Group 3 - Since its A-share listing, China Eastern Airlines has distributed a total of 3.296 billion yuan in dividends, with no dividends paid in the last three years [3] - As of June 30, 2025, China Securities Finance Corporation was the eighth largest circulating shareholder of China Eastern Airlines, holding 430 million shares, unchanged from the previous period [3] - Hong Kong Central Clearing Limited was the tenth largest circulating shareholder, holding 300 million shares, an increase of 55.22 million shares compared to the previous period [3]

SHANGHAI, Sept. 04, 2025 (GLOBE NEWSWIRE) -- From July 1 to August 31, China Eastern Airlines (CEA) operated a total of 194,000 flights, carrying 28.06 million passengers. Among them, international and regional flights reached 27,000, transporting 4.49 million passengers, setting a historic record. A Media Snippet accompanying this announcement is available by clicking on this link. CEA (http://www.ceair.com/) is further expanding its international route network. Recently, it has successively launched dire ...

Group 1 - The 2025 summer transportation period lasted for 62 days, from July 1 to August 31, during which Eastern Airlines operated a total of 8,168 flights in and out of Qingdao, serving 1.173 million passengers, representing a growth of 7% and 8.7% respectively compared to the same period in 2024 [1][3] - Eastern Airlines effectively responded to the high demand during the summer travel season by increasing capacity and optimizing route layouts, particularly enhancing the Qingdao route network with more flight frequencies and new routes to popular destinations [3][5] - The average daily outbound flights from Qingdao Airport reached a historical high of 66, with significant increases in passenger numbers on both domestic and international routes, particularly a 14.4% increase in international passengers [3][5] Group 2 - Eastern Airlines implemented a "Four Precision" service strategy to enhance customer service during the busy summer period, providing special assistance for unaccompanied minors and passengers with disabilities [5][6] - The company organized themed activities, such as the Qingdao Beer Festival, to enrich the travel experience and promote its customer-centric service philosophy [5] - As the school season approaches, Eastern Airlines plans to continue optimizing its route network and improving operational efficiency to meet ongoing travel demand and support regional economic development [6]