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 2026-002 中国东方航空股份有限公司 2025 年 12 月运营数据公告 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。 一、运营情况 中国东方航空股份有限公司（以下简称"本公司"） 2025 年 12 月客运运力投 入（按可用座公里计）同比上升 4.93%；旅客周转量（按客运人公里计）同比上 升 7.61%；客座率为 85.65%，同比上升 2.14 个百分点。2025 年 12 月货邮周转量 （按货邮载运吨公里计）同比上升 8.07%。 2025 年 12 月，本公司国内、国际地区市场的主要新开、复航航线情况如下： 国内市场：新开上海浦东-攀枝花、长春-武汉、昆明-琼海等航线；加密上海 虹桥-兰州、上海虹桥-长沙、上海浦东-昆明、上海浦东-成都双流、北京大兴-德 宏芒市、成都天府-宁波等航线。国际地区市场：新开上海浦东-奥克兰-布宜诺斯 艾利斯、石家庄-万象等航线；加 ...

Core Viewpoint - China Eastern Airlines (600115.SH) reported an increase in passenger capacity and turnover for December 2025, indicating growth in both domestic and international markets [1] Group 1: Capacity and Performance Metrics - The passenger capacity (measured in available seat kilometers) for December 2025 increased by 4.93% year-on-year [1] - The passenger turnover (measured in revenue passenger kilometers) rose by 7.61% year-on-year [1] - The passenger load factor reached 85.65%, up by 2.14 percentage points year-on-year [1] - The cargo and mail turnover (measured in cargo mail ton kilometers) increased by 8.07% year-on-year [1] Group 2: Route Expansion - New domestic routes include Shanghai Pudong to Panzhihua, Changchun to Wuhan, and Kunming to Qionghai [1] - Increased frequency on domestic routes such as Shanghai Hongqiao to Lanzhou, Shanghai Hongqiao to Changsha, and others [1] - New international routes include Shanghai Pudong to Auckland and Shijiazhuang to Vientiane [1] - Increased frequency on international routes such as Shanghai Pudong to Bangkok and Beijing Daxing to Vientiane [1] Group 3: Fleet Update - The company introduced 5 new aircraft in December 2025, including 2 B787 series, 2 C909, and 1 C919 [1] - The company retired 4 A320 series aircraft [1] - As of the end of December 2025, the total operational fleet consists of 826 aircraft [1]

Core Insights - China Eastern Airlines (600115.SH) reported a 4.93% year-on-year increase in passenger capacity input (measured in available seat kilometers) for December 2025 [1] - The passenger turnover (measured in revenue passenger kilometers) increased by 7.61% year-on-year [1] - The passenger load factor reached 85.65%, up by 2.14 percentage points year-on-year [1] - The cargo and mail turnover (measured in cargo mail ton kilometers) rose by 8.07% year-on-year [1] Domestic Market Developments - New domestic routes launched include Shanghai Pudong to Panzhihua, Changchun to Wuhan, and Kunming to Qionghai [1] - Increased frequency on routes such as Shanghai Hongqiao to Lanzhou, Shanghai Hongqiao to Changsha, and several others [1] International Market Developments - New international routes include Shanghai Pudong to Auckland to Buenos Aires and Shijiazhuang to Vientiane [1] - Increased frequency on routes such as Shanghai Pudong to Bangkok and Beijing Daxing to Vientiane [1] Fleet Updates - The company introduced 5 new aircraft, including 2 B787 series passenger planes, 2 C909, and 1 C919, while retiring 4 A320 series aircraft [1] - As of the end of December 2025, the total operational fleet consists of 826 aircraft [1]

经济观察网中国东航（600115）(600115.SH)公告称，2025年12月，公司客运运力投入同比上升4.93%， 旅客周转量同比上升7.61%，客座率为85.65%，同比上升2.14个百分点。此外，公司在12月新开、复航 了多条国内和国际航线，并引进了5架飞机，退出了4架A320系列客机。 ...

Core Viewpoint - China Eastern Airlines' stock has shown mixed performance recently, with a slight year-to-date decline but a notable increase over the past two months, indicating potential volatility in the airline sector [1][2]. Group 1: Stock Performance - As of January 15, China Eastern Airlines' stock price increased by 2.05% to 5.97 CNY per share, with a trading volume of 2.58 billion CNY and a turnover rate of 0.26%, resulting in a total market capitalization of 131.86 billion CNY [1]. - Year-to-date, the stock has decreased by 0.50%, with a 3.40% decline over the last five trading days, but has increased by 10.56% over the last 20 days and 22.84% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, China Eastern Airlines reported operating revenue of 106.41 billion CNY, reflecting a year-on-year growth of 3.73%, and a net profit attributable to shareholders of 2.10 billion CNY, which represents a significant increase of 1623.91% [2]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for China Eastern Airlines was 149,900, a decrease of 3.37% from the previous period, with an average of 0 shares per shareholder, unchanged from the prior period [2]. - The company has distributed a total of 3.30 billion CNY in dividends since its A-share listing, with no dividends paid in the last three years [3]. - Among the top ten circulating shareholders, China Securities Finance Corporation holds 430 million shares, unchanged from the previous period, while Hong Kong Central Clearing Limited holds 295 million shares, a decrease of 5.45 million shares from the prior period [3].

部门沟通协调。 1月13日当天上午，刘女士携爱宠办理乘机手续。值机员仔细核查宠物品种、健康状态及相关检疫单 据，确保每一项流程都合规无误，将《宠物进客舱》标识牌粘贴于宠物箱外，并协助其办理了其他行李 的托运，顺利引导旅客携宠物箱进入客舱乘机。（编辑：李季威 校对：张彤 审核：韩磊） 1月12日获悉保障需求后，东航武汉地服部工作人员便主动与刘女士对接，提前确认宠物箱尺寸合规 性、旅客抵场时间等关键信息，详细告知飞行途中的注意事项，耐心解答各类疑问，并提前与机场安检 东航武汉公司工作人员，引导旅客携宠物箱登机（东航武汉公司供图） 《中国民航报》、中国民航网 记者钱擘 通讯员肖阳 报道：1月13日，中国东方航空武汉公司完成其首 次"宠物进客舱"航班保障。当天，旅客刘女士与她的宠物猫搭乘MU2583航班从武汉飞往银川，体验了 东航为携宠旅客打造的专属服务。飞行结束后，刘女士在朋友圈分享道:"工作人员专业负责，一路护 送，非常安心！" 东航的"宠物进客舱"服务适用于东航及上航实际承运、32个指定机场间的直达经济舱航班，旅客可在航 班起飞前24小时，通过东航APP或小程序提交申请。 ...

Group 1 - The global interest rate cut cycle is entering its second half in 2026, characterized by "internal and external easing resonance" and a shift from "extraordinary to normal" [3][4][5] - The macro liquidity environment remains favorable, with the People's Bank of China expected to maintain a moderately loose monetary policy, focusing on stabilizing economic growth and reasonable price recovery [7][59] - The depreciation of the US dollar is anticipated due to continued interest rate cuts by the Federal Reserve and worsening fiscal conditions, which will support the appreciation of the RMB and strengthen the A-share market [8][62][63] Group 2 - The long-term low interest rate environment is reshaping the stock-bond allocation logic, with a shift towards equity markets as the attractiveness of fixed income products continues to rise [13][16][44] - The "stock-bond seesaw" effect is expected to further support the A-share market, as funds flow into equities amid a low interest rate environment [14][17][44] - The demand for "deposit migration" from residents is projected to become the largest marginal increment for the market, as a significant amount of fixed-term deposits mature in 2026 [19][20][44] Group 3 - The capital market's status is significantly upgraded in the post-real estate era, becoming a core hub for economic development and resource allocation [22][47] - Policies are being implemented to enhance shareholder returns, with a focus on increasing dividend payouts and improving profit quality, which is becoming a trend in the market [32][33][56] - The overall funding ecology is improving, with a transition from a "financing-oriented" approach to a "balanced investment and financing" model, enhancing market attractiveness and stability [32][47][56]

Core Viewpoint - The aviation and airport sector experienced a decline of 1.94% on January 14, with China Eastern Airlines leading the drop, while the Shanghai Composite Index fell by 0.31% and the Shenzhen Component Index rose by 0.56% [1] Group 1: Market Performance - The closing price of China Eastern Airlines was 5.85, down by 2.99%, with a trading volume of 1.27 million shares and a transaction value of 748 million yuan [2] - The aviation and airport sector saw a net outflow of 439 million yuan from major funds, while retail investors contributed a net inflow of 242 million yuan [2][3] Group 2: Individual Stock Performance - CITIC Hainan Airlines had the highest increase, closing at 22.44 with a rise of 5.30% and a transaction value of 1.31 billion yuan [1] - Major stocks like China Eastern Airlines, China Southern Airlines, and Air China saw declines of 2.99%, 2.83%, and 2.95% respectively, indicating a negative trend in the sector [2][3] Group 3: Fund Flow Analysis - Major funds showed a significant net outflow from several stocks, including China Eastern Airlines with a net outflow of 98.73 million yuan, and China Southern Airlines with 82.17 million yuan [3] - Retail investors showed a contrasting trend, with net inflows into stocks like China Eastern Airlines and Xiamen Airport, indicating differing investor sentiment [3]

Core Viewpoint - China Eastern Airlines (CEA) is collaborating with Shanghai Sugar and Wine Group to launch the "Sweet Rhythm of the East, Reunion Takes Off" series of activities, integrating "aviation + New Year goods" consumption scenarios for the upcoming 2026 Spring Festival [1] Group 1: Collaboration and Offerings - The partnership combines resources from Shanghai Sugar and Wine Group's "Guangming Haoxuan" platform and various convenience stores, enhancing the product offerings of CEA [8] - Passengers can receive limited edition themed boarding passes at Shanghai Hongqiao Airport or Beijing Capital Airport, which provide access to discounts at affiliated convenience stores [8] - CEA members can use "points + cash" mixed payment or full points redemption to purchase traditional New Year goods at participating stores [8] Group 2: Digital Engagement and Promotions - Travelers can access discount coupons ranging from 10 to 30 yuan through the CEA app and mini-programs for purchases on the "Guangming Haoxuan" platform, with free shipping on orders over 58 yuan [8] - The CEA app will feature a "Qili Dongfang · New Spring Reunion Season" section, offering various products and benefits related to travel, accommodation, and entertainment [9] - A special "Shenqing Reunion Card" priced at 999 yuan is available for children and elderly travelers, redeemable for round-trip tickets to Shanghai [9]

来源：新浪证券-红岸工作室 1月13日，中国东航涨0.50%，成交额5.95亿元。两融数据显示，当日中国东航获融资买入额2478.48万 元，融资偿还5368.68万元，融资净买入-2890.19万元。截至1月13日，中国东航融资融券余额合计2.60 亿元。 融资方面，中国东航当日融资买入2478.48万元。当前融资余额2.55亿元，占流通市值的0.25%，融资余 额低于近一年10%分位水平，处于低位。 分红方面，中国东航A股上市后累计派现32.96亿元。近三年，累计派现0.00元。 机构持仓方面，截止2025年9月30日，中国东航十大流通股东中，中国证券金融股份有限公司位居第八 大流通股东，持股4.30亿股，持股数量较上期不变。香港中央结算有限公司位居第十大流通股东，持股 2.95亿股，相比上期减少545.24万股。 资料显示，中国东方航空股份有限公司位于上海市闵行区虹翔三路36号,香港金钟道95号统一中心19楼D 室，成立日期1995年4月14日，上市日期1997年11月5日，公司主营业务涉及航空客、货、邮、行李运输 业务及延伸服务;通用航空业务;航空器维修;航空设备制造与维修;国内外航空公司的代理业务。 ...