经中共中央批准，中央纪委国家监委对中国东方航空集团有限公司原党组书记、董事长刘绍勇严重违纪 违法问题进行了立案审查调查。 经查，刘绍勇丧失理想信念，背弃初心使命，对抗组织审查，搞迷信活动；违反中央八项规定精神，违 规接受宴请和打高尔夫球活动安排；在职工录用工作中为他人谋取利益并收受财物；廉洁底线失守，违 规收受礼金，利用职权或职务上的影响为亲属从事私募基金等经营活动谋取利益，违规拥有非上市公司 股份；毫无纪法底线，将公权力异化为谋取个人私利的工具，大搞权钱交易，利用职务便利为他人在项 目承揽、航班管理、飞机租赁等方面谋利，并非法收受巨额财物。 刘绍勇严重违反党的政治纪律、组织纪律、廉洁纪律和生活纪律，构成严重职务违法并涉嫌受贿犯罪， 且在党的十八大后不收敛、不收手，性质严重，影响恶劣，应予严肃处理。依据《中国共产党纪律处分 条例》《中华人民共和国监察法》《中华人民共和国公职人员政务处分法》等有关规定，经中央纪委常 委会会议研究并报中共中央批准，决定给予刘绍勇开除党籍处分；按规定取消其享受的待遇；收缴其违 纪违法所得；将其涉嫌犯罪问题移送检察机关依法审查起诉，所涉财物一并移送。 本 期 编 辑 邢潭 智通财经2 ...

Investment Rating - The report maintains a positive outlook on the shipping industry, particularly in light of recent developments in Venezuela and the increase in new ship prices [1][2]. Core Insights - Venezuela's political changes are expected to benefit compliant tanker markets, with a potential increase in oil exports leading to higher demand for Aframax tankers and VLCCs [3][4]. - New ship prices have shown an upward trend, with a 0.5% increase reported, particularly in gas carriers which rose by 1% [3]. - The report highlights a significant drop in VLCC freight rates, which fell by 36% week-on-week, while the Atlantic market remains relatively stable [3][4]. Summary by Sections Shipping Market - The report notes that the recent escalation in Venezuela's situation could lead to a 1.4% increase in compliant VLCC oil transport demand and a 4.0% increase for Aframax tankers [3][4]. - The average VLCC freight rate was reported at $43,895 per day, with Middle East to Far East rates dropping to $38,690 per day, a decrease of 45% from the previous week [3][4]. New Ship Prices - New ship prices have increased by 0.5% to 185.59 points, although they are down 1.85% compared to the beginning of 2025 [3][4]. Oil and Product Transport - The LR2-TC1 freight rate increased by 5% to $42,671 per day, supported by tight capacity in previous weeks [3]. - The report indicates a decline in MR average freight rates by 5% to $23,103 per day, with the Atlantic market remaining stable despite the holiday season [3][4]. Air Transport - The report anticipates significant improvements in airline profitability due to supply constraints and increasing passenger volumes, recommending several airlines for investment [3][4]. Express Delivery - The express delivery sector is entering a new phase of competition, with three potential scenarios outlined for future performance [3][4]. Rail and Road Transport - Rail freight volumes and highway truck traffic are expected to maintain steady growth, with recent data showing a slight decrease in volumes [3][4].

Core Viewpoint - Multiple airlines in China have announced a reduction in domestic flight fuel surcharges starting from January 5, leading to potential savings of up to 20 yuan for travelers booking tickets for the Spring Festival holiday [1][8]. Group 1: Fuel Surcharge Adjustments - Airlines such as Air China, China Eastern Airlines, and Hainan Airlines will lower the fuel surcharge for domestic routes in mainland China [1][8]. - For routes with a distance of 800 kilometers or less, the fuel surcharge will be set at 10 yuan per passenger per segment, while for routes over 800 kilometers, it will be 20 yuan [1][8]. - The new surcharge rates represent a decrease of 10 yuan and 20 yuan compared to the previous standards [1][8].

经中共中央批准，中央纪委国家监委对中国东方航空集团有限公司原党组书记、董事长刘绍勇严重违纪违 法问题进行了立案审查调查。 经查，刘绍勇丧失理想信念，背弃初心使命，对抗组织审查，搞迷信活动；违反中央八项规定精神，违规 接受宴请和打高尔夫球活动安排；在职工录用工作中为他人谋取利益并收受财物；廉洁底线失守，违规收 受礼金，利用职权或职务上的影响为亲属从事私募基金等经营活动谋取利益，违规拥有非上市公司股份； 毫无纪法底线，将公权力异化为谋取个人私利的工具，大搞权钱交易，利用职务便利为他人在项目承揽、 航班管理、飞机租赁等方面谋利，并非法收受巨额财物。 刘绍勇严重违反党的政治纪律、组织纪律、廉洁纪律和生活纪律，构成严重职务违法并涉嫌受贿犯罪，且 在党的十八大后不收敛、不收手，性质严重，影响恶劣，应予严肃处理。依据《中国共产党纪律处分条 例》《中华人民共和国监察法》《中华人民共和国公职人员政务处分法》等有关规定，经中央纪委常委会 会议研究并报中共中央批准，决定给予刘绍勇开除党籍处分；按规定取消其享受的待遇；收缴其违纪违法 所得；将其涉嫌犯罪问题移送检察机关依法审查起诉，所涉财物一并移送。 中央纪委国家监委网站6月28日消 ...

2009年2月，刘绍勇任东方航空股份有限公司董事长、东航集团总经理、党组副书记，2016年12月任中 国东方航空集团公司董事长、党组书记，东方航空股份有限公司董事长，2023年10月卸任。 2025年6月，刘绍勇被查。 公开简历显示，刘绍勇，男，汉族，1958年11月出生，河南信阳人，1978年12月参加工作，1977年4月 加入中国共产党，毕业于空军第十四航空学校（现为中国民航飞行学院），清华大学高级管理人员工商 管理硕士，国家特级飞行员。 他曾任中国通用航空公司副总经理，中国民航山西省管理局副局长，中国东方航空股份有限公司山西分 公司总经理，中国民用航空总局飞行标准司司长，中国民用航空总局副局长，中国南方航空集团公司总 经理，中国南方航空股份有限公司董事长等职。 中央纪委国家监委网站1月4日通报，经中共中央批准，中央纪委国家监委对中国东方航空集团有限公司 原党组书记、董事长刘绍勇严重违纪违法问题进行了立案审查调查。 经查，刘绍勇丧失理想信念，背弃初心使命，对抗组织审查，搞迷信活动；违反中央八项规定精神，违 规接受宴请和打高尔夫球活动安排；在职工录用工作中为他人谋取利益并收受财物；廉洁底线失守，违 规收受礼 ...

Core Viewpoint - The article discusses the recent disciplinary actions taken by the Central Commission for Discipline Inspection (CCDI) against several high-ranking officials for serious violations of party and state regulations, highlighting the ongoing anti-corruption efforts within the Chinese government [4][6][8][10]. Group 1: Disciplinary Actions - Zhou Xianwang, former Vice Chairman of the Hubei Provincial Political Consultative Conference, was expelled from the party and public office for serious violations including accepting gifts and engaging in corrupt practices, leading to significant risks to state assets [4][5]. - Xu Chuan Zhi, former Deputy Director of the Central Inspection Team, faced similar consequences for violations such as accepting banquets and misusing his position for personal gain, which included receiving substantial illicit funds [6][7]. - Liu Shaoyong, former Party Secretary and Chairman of China Eastern Airlines, was expelled for engaging in corrupt activities, including accepting gifts and misusing public resources for personal benefit, resulting in severe disciplinary actions [8][9]. - Feng Zhibin, former Deputy General Manager of China Sinochem Group, was also expelled for serious violations, including misusing his authority for personal gain and causing significant losses to state interests [10][11].

新年首个工作日，中央纪委国家监委通报对4名落马中管干部给予党纪政务处分。其中，东航原党组书记、董事长刘绍 勇严重违纪违法被开除党籍。 据中央纪委国家监委网站2026年1月4日消息，经中共中央批准，中央纪委国家监委对中国东方航空集团有限公司原党组 书记、董事长刘绍勇严重违纪违法问题进行了立案审查调查。 经查，刘绍勇丧失理想信念，背弃初心使命，对抗组织审查，搞迷信活动；违反中央八项规定精神，违规接受宴请和打 高尔夫球活动安排；在职工录用工作中为他人谋取利益并收受财物；廉洁底线失守，违规收受礼金，利用职权或职务上 的影响为亲属从事私募基金等经营活动谋取利益，违规拥有非上市公司股份；毫无纪法底线，将公权力异化为谋取个人 私利的工具，大搞权钱交易，利用职务便利为他人在项目承揽、航班管理、飞机租赁等方面谋利，并非法收受巨额财 物。 通报称，刘绍勇严重违反党的政治纪律、组织纪律、廉洁纪律和生活纪律，构成严重职务违法并涉嫌受贿犯罪，且在党 的十八大后不收敛、不收手，性质严重，影响恶劣，应予严肃处理。依据《中国共产党纪律处分条例》《中华人民共和 国监察法》《中华人民共和国公职人员政务处分法》等有关规定，经中央纪委常委会会议研究 ...

更多财经资讯等你来看 往期推荐 工、农、建、交、邮储，国有大行集体官宣→ 经中共中央批准，中央纪委国家监委对中国东方航空集团有限公司原党组书记、董事长刘绍勇严重违纪违法问题进行了立案审查调查。 经查，刘绍勇丧失理想信念，背弃初心使命，对抗组织审查，搞迷信活动；违反中央八项规定精神，违规接受宴请和打高尔夫球活动安排；在职工录用工 作中为他人谋取利益并收受财物；廉洁底线失守，违规收受礼金，利用职权或职务上的影响为亲属从事私募基金等经营活动谋取利益，违规拥有非上市公 司股份；毫无纪法底线，将公权力异化为谋取个人私利的工具，大搞权钱交易，利用职务便利为他人在项目承揽、航班管理、飞机租赁等方面谋利，并非 法收受巨额财物。 刘绍勇严重违反党的政治纪律、组织纪律、廉洁纪律和生活纪律，构成严重职务违法并涉嫌受贿犯罪，且在党的十八大后不收敛、不收手，性质严重，影 响恶劣，应予严肃处理。依据《中国共产党纪律处分条例》《中华人民共和国监察法》《中华人民共和国公职人员政务处分法》等有关规定，经中央纪委 常委会会议研究并报中共中央批准，决定给予刘绍勇开除党籍处分；按规定取消其享受的待遇；收缴其违纪违法所得；将其涉嫌犯罪问题移送检察机关 ...

刘绍勇严重违反党的政治纪律、组织纪律、廉洁纪律和生活纪律，构成严重职务违法并涉嫌受贿犯罪， 且在党的十八大后不收敛、不收手，性质严重，影响恶劣，应予严肃处理。依据《中国共产党纪律处分 条例》《中华人民共和国监察法》《中华人民共和国公职人员政务处分法》等有关规定，经中央纪委常 委会会议研究并报中共中央批准，决定给予刘绍勇开除党籍处分；按规定取消其享受的待遇；收缴其违 纪违法所得；将其涉嫌犯罪问题移送检察机关依法审查起诉，所涉财物一并移送。 责任编辑：刘万里 SF014 经查，刘绍勇丧失理想信念，背弃初心使命，对抗组织审查，搞迷信活动；违反中央八项规定精神，违 规接受宴请和打高尔夫球活动安排；在职工录用工作中为他人谋取利益并收受财物；廉洁底线失守，违 规收受礼金，利用职权或职务上的影响为亲属从事私募基金等经营活动谋取利益，违规拥有非上市公司 股份；毫无纪法底线，将公权力异化为谋取个人私利的工具，大搞权钱交易，利用职务便利为他人在项 目承揽、航班管理、飞机租赁等方面谋利，并非法收受巨额财物。 中央纪委国家监委网站1月4日通报，经中共中央批准，中央纪委国家监委对中国东方航空集团有限公司 原党组书记、董事长刘绍勇严重违 ...

Investment Rating - The report maintains an "Overweight" rating for the aviation and oil transportation sectors, indicating a positive outlook for both industries [35]. Core Insights - The aviation sector is expected to see robust demand growth, driven by increased travel during the New Year holiday, with significant year-on-year increases in both passenger volume and ticket prices. The report suggests a strategic investment during the off-peak season, anticipating a long-term super cycle [3][4]. - In the oil transportation sector, while seasonal price declines are noted, the report emphasizes the potential for future price increases due to ongoing global oil production growth and limited capacity expansion. It recommends a contrarian investment approach during the off-peak period [3][4]. Summary by Sections Aviation Sector - The report highlights a strong increase in travel demand during the New Year holiday, with a 19% year-on-year increase in overall passenger movement from December 31, 2025, to January 2, 2026. Specifically, civil aviation saw a 13% increase [3][4]. - Domestic ticket prices are estimated to rise by over 10% year-on-year during the holiday period, despite a projected short-term dip in passenger flow post-holiday [3][4]. - The aviation industry is experiencing high load factors while ticket prices remain at historical lows, suggesting a favorable environment for profitability growth driven by demand recovery and market pricing dynamics [3][4]. Oil Transportation Sector - The report notes that the average daily earnings for Very Large Crude Carriers (VLCC) reached $51,000 in 2025, significantly higher than the $36,000 in 2023-2024, driven by improved capacity utilization and increased oil production from the Middle East and South America [3][4]. - Despite a recent decline in freight rates during the traditional off-peak season, the report maintains a positive outlook for future price increases, supported by ongoing global oil production growth and limited fleet expansion [3][4]. - The report suggests monitoring geopolitical developments, particularly in Venezuela, and recommends increasing positions in companies like COSCO Shipping Energy, China Merchants Energy Shipping, and China Shipbuilding Leasing [3][4].