（在中華人民共和國註冊成立的股份有限公司） （股份編號：00696） 董事名單與其角色和職能 中國民航信息网络股份有限公司董事會（「董事會」）成員列載如下： 註： C：委員會的主席（主任委員） M：委員會的成員 中華人民共和國，北京 二零二五年十二月十八日 | 江 | 波 | 董事長、執行董事 | | --- | --- | --- | | 黃榮順 | | 執行董事 | | 孫玉權 | | 非執行董事 | | 曲光吉 | | 非執行董事 | | 何曉群 | | 非執行董事 | | 劉澤洪 | | 獨立非執行董事 | | 陳永德 | | 獨立非執行董事 | | 徐宏志 | | 獨立非執行董事 | | 梁 | 爽 | 職工代表董事 | 董事會設立 4 個委員會。下面列載了各董事在這些委员會中所擔任的職務。 | 委員會 | 審計委員會 | 薪酬與考核 委員會 | 提名委員會 | 戰略及投資委員會 （法治建設委員會） | | --- | --- | --- | --- | --- | | 董事 | | | | | | 江 波 | | | C | C | | 黃榮順 | | | | M | | 孫玉權 | | | | ...

经董事会批准，黄荣顺先生不再担任董事长、提名委员会主任委员及战略及投资委员会(法治建设委员 会)主任委员。黄荣顺先生仍担任执行董事及战略及投资委员会(法治建设委员会)委员、总经理。 智通财经APP讯，中国民航信息网络(00696)发布公告，江波先生于2025年12月18日召开的董事会会议上 获选为公司董事长、提名委员会主任委员及战略及投资委员会(法治建设委员会)主任委员，任期自获选 并经董事会批准之日起至本届董事会任期届满为止。 ...

格隆汇12月18日丨中国民航信息网络(00696.HK)宣布，江波于2025年12月18日召开的董事会会议上获选 为公司董事长、提名委员会主任委员及战略及投资委员会(法治建设委员会)主任委员，任期自获选并经 董事会批准之日起至本届董事会任期届满为止。 ...

经董事会批准，黄荣顺先生不再担任董事长、提名委员会主任委员及战略及投资委员会(法治建设委员 会)主任委员。黄荣顺先生仍担任执行董事及战略及投资委员会(法治建设委员会)委员、总经理。 中国民航信息网络(00696)发布公告，江波先生于2025年12月18日召开的董事会会议上获选为公司董事 长、提名委员会主任委员及战略及投资委员会(法治建设委员会)主任委员，任期自获选并经董事会批准 之日起至本届董事会任期届满为止。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （在中華人民共和國註冊成立的股份有限公司） （股份代號：00696） 公告 董事長及董事會委員會組成變動 茲提述中國民航信息網絡股份有限公司（「本公司」）日期為二零二五年十一月二十七 日的公告及通函（「通函」）以及日期為二零二五年十二月十八日的公告。除文義另有 所指外，本公告所採用詞彙與通函所定義者具有相同涵義。 本公司董事會（「董事會」）謹此宣佈，江波先生於二零二五年十二月十八日召開的董 事會會議上獲選為本公司董事長（「董事長」）、提名委員會主任委員及戰略及投資委 員會（法治建設委員會）主任委員，任期自獲選並經董事會批准之日起至本屆董事會 任期屆滿為止。有關江波先生的履歷詳情，請參閱本公司日期為二零二五年十一月 二十六的公告。 經董事會批准，黃榮順先生不再擔任董事長、提名委員會主任委員及戰略及投資委 員會（法治建設委員會）主任委員。黃榮順先生仍擔任執行董事及戰略及投資委員會 （法治建設委員會）委員、總 ...

格隆汇12月18日丨中国民航信息网络(00696.HK)宣布，临时股东会(12月18日)结束后，江波出任公司执 行董事。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部 分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （在中華人民共和國註冊成立的股份有限公司） （股份代號：00696） 公告 (1)於臨時股東會通過的決議案的投票結果 (2)委任執行董事 董事會宣佈，於二零二五年十二月十八日，本公司已於臨時股東會上以投票表決 方式正式通過載列於日期為二零二五年十一月二十七日的臨時股東會通告中的決 議案。 茲提述中國民航信息網絡股份有限公司（「本公司」）日期為二零二五年十一月二十七 日的通函（「通函」）。除文義另有所指外，本公告所採用詞彙與通函所定義者具有相 同涵義。 I. 臨時股東會投票結果 董事會宣佈，臨時股東會已於二零二五年十二月十八日（星期四）上午九時三十 分如期舉行，日期為二零二五年十一月二十七日的臨時股東會通告（「臨時股東 會通告」）所載的決議案已經股東以投票表決方式正式通過。於二零二五年十二 月十八日，擁有2,926,209,589股股份的股東有權出席臨時股東會。股東有權出 席臨時股東會上投票贊成或反對臨時股 ...

Core Viewpoint - China Aviation Information Network Group Union (航信工会) has been awarded the title of "National Advanced Unit in Mass Sports" by the National Sports Administration, recognizing its contributions to promoting sports among employees [1] Group 1: Sports Activities and Employee Engagement - The union has implemented a series of targeted and effective mass sports activities, enhancing employees' overall quality and enriching their leisure lives [3] - The "航信杯" series of sports events, including football, basketball, table tennis, and badminton, has attracted over 1,000 employees annually, fostering physical health and camaraderie among staff [3] Group 2: Cultural and Sports Associations - The union has established 15 cultural and sports associations, attracting an average of over 1,400 members each year, to meet diverse employee interests and enhance community [4] - Regular activities, competitions, and training sessions are organized to strengthen employee engagement and sense of belonging [4] Group 3: Infrastructure Development - From 2021 to 2024, the union has developed nearly 4,000 square meters of specialized sports facilities, including basketball courts, badminton courts, and yoga rooms, to provide convenient and comfortable fitness spaces for employees [4] - The union's efforts in facility development have received widespread praise and positive responses from employees [4] Group 4: Future Outlook - The union aims to deepen existing achievements by optimizing event content, enhancing association management, and improving service quality, contributing to the development of mass sports within the industry [5] - The focus will be on integrating employee fitness with health initiatives, expanding the influence of mass sports work in the industry [5]

Group 1: China Civil Aviation Information Network (00696) - The company is a leading GDS provider globally and the largest in China, with a global market share of approximately 28% and a domestic market share of about 95% [10] - The company's performance is highly correlated with the growth of the civil aviation industry, with expected flight bookings reaching 732 million in 2024, surpassing the 2019 peak [10] - The launch of the "official direct sales platform" in July 2025 positions the company to enter the trillion-yuan OTA market, aiming to reduce reliance on traditional OTAs [10] - The company is projected to achieve net profits of 2.21 billion, 2.43 billion, and 2.65 billion yuan from 2025 to 2027, with a maintained "buy" rating based on recovery in the civil aviation sector [10] Group 2: Xiangsheng Medical (688358) - Xiangsheng Medical has focused on ultrasound technology since its establishment in 1996, holding over 400 intellectual property rights and offering a comprehensive range of ultrasound products [11] - The company aims to leverage its "portable + intelligent" advantage, with products like SonoFamily series that include high-end and portable ultrasound devices, enhancing its competitive edge [11] - The company is expected to achieve revenues of 517 million, 620 million, and 744 million yuan from 2025 to 2027, with net profits projected at 146 million, 182 million, and 229 million yuan, respectively, maintaining a "buy" rating [13] Group 3: CIMC Enric (03899.HK) - CIMC Enric is a clean energy equipment platform under CIMC, focusing on LNG transportation, storage, and processing, with a projected net profit CAGR of 17% from 2020 to 2024 [13] - The company has a robust order backlog of 30.8 billion yuan, with 27.3 billion yuan in clean energy equipment orders, benefiting from the LNG market's growth [14] - The company is expected to achieve net profits of 1.13 billion, 1.47 billion, and 1.76 billion yuan from 2025 to 2027, with a "buy" rating based on a 29% upside potential from its current valuation [15] Group 4: PVA Industry (皖维高新 600063) - The company has established a comprehensive PVA industrial chain, with a focus on cost advantages and long-term growth potential, aiming to expand into high-value new materials [23] - The company is positioned to benefit from a recovery in demand for PVA products, with a projected increase in production capacity and profitability in the coming years [23] - The company is expected to achieve revenues of 8.064 billion, 8.881 billion, and 9.768 billion yuan from 2025 to 2027, with net profits projected at 473 million, 622 million, and 862 million yuan, respectively, maintaining an "overweight" rating [25] Group 5: Social Services Industry - The introduction of spring and autumn holidays has stimulated tourism demand, with significant increases in travel and spending during these periods [26] - The winter "snow holiday" policy has also contributed to the recovery of the ice and snow tourism industry, with various incentives driving participation [26] - The overall service consumption is expected to benefit from government policies aimed at boosting demand, with a focus on tourism and related sectors [27]

Core Viewpoint - The report maintains a "buy" rating for China Civil Aviation Information Network (00696), citing the recovery of the civil aviation industry, increased marketing investments, and improved operational efficiency as key factors for growth [1] Group 1: Company Overview - China Civil Aviation Information Network is a leading supplier of IT solutions for the aviation travel industry in China, deeply involved in the construction, technological iteration, and service upgrades of civil aviation information systems since its inception [2] - The company is one of the top three global GDS suppliers, with a global market share of approximately 28% and a domestic market share of around 95% [2] Group 2: Industry Growth - The civil aviation industry's growth is positively correlated with the company's performance, with a strong relationship between aviation information technology services and flight booking volumes [3] - The number of travelers is expected to reach new highs, with the company's ETD system projected to handle 732 million flight bookings in 2024, surpassing the peak in 2019 [4] - Over the next decade, the per capita flight frequency in China is expected to double, with a CAGR of approximately 6%, and the number of airports increasing from 263 to 400, with a CAGR of around 4% [4] Group 3: Market Opportunities - The launch of the "official direct sales platform" by Hanglv Zongheng in July 2025 marks the company's entry into the trillion-yuan OTA market, addressing airlines' over-reliance on traditional OTAs [5] - Airlines are expected to return to near breakeven in 2024, which will positively impact the company's average selling price (ASP) [4]