Financial Performance - Operating revenue for Q3 2023 reached RMB 45,863,652, representing a year-on-year increase of 152.89%[3] - Net profit attributable to shareholders for Q3 2023 was RMB 4,242,149, with a significant recovery from previous losses[3] - The weighted average return on equity increased by 60.26 percentage points year-to-date, reaching 11.46%[3] - Total operating revenue for the first three quarters of 2023 reached RMB 105,476,845, a significant increase from RMB 42,088,565 in the same period of 2022, representing a growth of approximately 150%[17] - The net profit for the first three quarters of 2023 was RMB 1,186,837, a substantial recovery from a net loss of RMB 32,412,286 in the same period of 2022[18] - The company reported a total comprehensive income of RMB 1,095,486 for the first three quarters of 2023, compared to a loss of RMB 30,528,762 in the same period of 2022, showing a significant turnaround[19] Assets and Liabilities - Total assets as of the end of Q3 2023 amounted to RMB 338,864,552, a 14.86% increase compared to the end of the previous year[4] - The company's cash and cash equivalents amounted to RMB 22,219,322 thousand, significantly up from RMB 11,435,877 thousand in the previous year, indicating an increase of about 94.5%[13] - Total current liabilities increased to RMB 112,899,276 thousand from RMB 92,482,608 thousand, reflecting a rise of approximately 22.1%[15] - The company reported a total debt of RMB 300,838,982 as of September 30, 2023, up from RMB 273,451,149 at the end of 2022, reflecting an increase of approximately 10.1%[16] - The total liabilities as of September 30, 2023, included long-term borrowings of RMB 72,980,897, which increased from RMB 66,868,774 at the end of 2022, indicating a rise of about 16.5%[16] Shareholder Equity - Shareholders' equity attributable to shareholders increased by 65.45% year-on-year, totaling RMB 39,061,556[4] - The total equity attributable to shareholders increased to RMB 39,061,556 as of September 30, 2023, compared to RMB 23,609,134 at the end of 2022, marking a growth of about 65.5%[16] Cash Flow - The company reported a net cash flow from operating activities of RMB 33,075,596 year-to-date[3] - Operating cash flow for the first three quarters of 2023 reached RMB 33,075,596 thousand, a significant improvement from a negative cash flow of RMB -4,895,560 thousand in the same period of 2022[21] - The net increase in cash and cash equivalents for the first three quarters of 2023 was RMB 10,902,057 thousand, contrasting with a decrease of RMB -2,159,020 thousand in the same period of 2022[23] Investment and Expenses - Research and development expenses for the first three quarters of 2023 were RMB 213,842, up from RMB 126,195 in 2022, representing an increase of approximately 69%[17] - The company achieved an investment income of RMB 2,240,021 in the first three quarters of 2023, a significant improvement from a loss of RMB 642,522 in the same period of 2022[17] Operational Metrics - The company has increased its capacity and improved load factors and pricing levels, driving revenue growth[7] - The company reported a significant increase in cash received from sales of goods and services, totaling RMB 117,873,834 thousand, compared to RMB 44,775,183 thousand in the same period of 2022[21] - Cash paid for purchasing goods and services was RMB 60,606,339 thousand, up from RMB 33,419,398 thousand in the previous year[21]

Financial Performance - For the six months ended June 30, 2023, the operating revenue reached RMB 59,613,193 thousand, a significant increase from RMB 23,952,653 thousand in the same period of 2022, representing a growth of approximately 148.5%[5] - The company reported a net loss attributable to shareholders of RMB 3,446,814 thousand for the first half of 2023, a reduction from a loss of RMB 19,436,846 thousand in the same period of 2022, indicating an improvement of about 82.3%[5] - EBITDA for the first half of 2023 was RMB 11,806,583 thousand, compared to a negative EBITDA of RMB 6,514,396 thousand in the first half of 2022, showing a turnaround in operational performance[5] - The loss per share attributable to shareholders improved to RMB 0.2239 for the first half of 2023, compared to RMB 1.4151 in the same period of 2022, marking a significant reduction in loss per share[5] - The return on equity for shareholders was reported at -9.87% for the first half of 2023, an improvement from -45.32% in the same period of 2022, indicating a positive trend in financial performance[5] - The company reported a net profit attributable to shareholders of RMB 35.93 billion, a significant recovery from a loss of RMB 44.32 billion in the same period last year[17] - The company reported a total comprehensive income of RMB (4,005,278) thousand for the six months ended June 30, 2023, compared to RMB (2,750,624) thousand for the same period in 2022, indicating a worsening of approximately 45.6%[77] Assets and Liabilities - Total assets as of June 30, 2023, amounted to RMB 344,486,909 thousand, an increase from RMB 294,979,377 thousand at the end of 2022, reflecting a growth of approximately 16.8%[6] - The total liabilities increased to RMB 311,592,600 thousand as of June 30, 2023, compared to RMB 273,451,149 thousand at the end of 2022, representing a rise of about 13.9%[6] - The company's equity attributable to shareholders rose to RMB 34,914,799 thousand as of June 30, 2023, up from RMB 23,577,176 thousand at the end of 2022, indicating a growth of approximately 48.0%[6] - The company's net liabilities decreased to RMB 69,071,645 thousand from RMB 70,237,477 thousand, indicating a reduction of about 1.7%[76] - Non-current liabilities totaled RMB 199,254,411 thousand, up from RMB 180,968,541 thousand, reflecting an increase of approximately 10.1%[76] - The total lease liabilities as of June 30, 2023, amounted to RMB 104,668,894 thousand, with a present value of RMB 94,770,566 thousand[113] Operational Metrics - Available seat kilometers increased to 128,799.56 million, a 167.30% increase compared to the same period in 2022[8] - Passenger numbers reached 55,544.89 thousand, representing a 192.00% increase year-over-year[8] - Revenue per available seat kilometer rose to RMB 0.6107, an 8.18% increase from the previous year[9] - The average daily utilization of aircraft improved to 7.75 hours, an increase of 3.98 hours[9] - The overall cargo ton kilometers increased by 49.10% to 1,088.96 million[8] - The overall revenue ton kilometers increased by 92.39% to 9,128.30 million[8] - The average passenger load factor improved to 70.52%, an increase of 10.10 percentage points from the previous year[24] - The total passenger turnover for the first half of 2023 was reported at 30 billion revenue passenger kilometers, reflecting a year-on-year increase of 75%[156] - The cargo turnover reached 1.5 billion revenue ton kilometers, which is a 50% increase compared to the same period last year[156] - The overall passenger load factor improved to 82%, up from 75% in the previous year, indicating enhanced operational efficiency[154] Strategic Initiatives - The company continues to focus on expanding its fleet and enhancing operational efficiency as part of its long-term growth strategy[7] - Air China Limited aims to strengthen its market position through strategic partnerships and potential acquisitions in the aviation sector[7] - The company plans to continue expanding its market presence and enhancing operational efficiency through strategic initiatives[20] - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its service portfolio[73] - The company is exploring strategic partnerships for market expansion in Southeast Asia, aiming for a 15% increase in market share by 2025[156] Investments and Expenditures - Capital expenditures totaled RMB 12.499 billion, with RMB 4.953 billion allocated for aircraft and engine investments[35] - The company has committed to purchasing 22 aircraft, with an investment amount of RMB 1,079,301,660.00, of which RMB 765,461,600.00 has been invested during the reporting period[62] - The company has raised a total of RMB 14,993,016,587.32 through a private placement of 1,675,977,653 A-shares at a price of RMB 8.95 per share[61] - The company has secured approximately RMB 2.56 billion of bank loans and bonds with various assets, including aircraft and land use rights[115] Shareholder Information - China International Airlines Group holds 6,566,761,847 shares, representing 40.53% of the total issued shares[49] - Cathay Pacific Airways owns 2,633,725,455 H shares, accounting for 16.26% of the total issued shares[49] - The major shareholder, China Aviation Group, holds 5,952,236,697 shares, representing 50.14% of the company[53] - The company’s major shareholders include Cathay Pacific Airways with 2,633,725,455 shares and Hong Kong Central Clearing Limited with 1,688,817,345 shares[53] - The company’s private placement shares are subject to a lock-up period until July 17, 2024, for 614,525,150 shares held by China Aviation Group[56] Environmental and Social Responsibility - The group is implementing a carbon peak action plan with six key tasks and nine major actions to support green development[14] - Research and development efforts are focused on enhancing fuel efficiency and reducing carbon emissions, with a target of 20% reduction by 2025[156] Customer Engagement - The company has optimized frequent flyer membership policies to enhance customer loyalty and long-term contribution[13] - The company has initiated a new loyalty program aimed at increasing customer retention by 25% over the next year[156]

Financial Performance - The company reported a total revenue of RMB 63,683,069 thousand for the six months ended June 30, 2023, compared to RMB 25,400,038 thousand for the same period in 2022, representing a year-over-year increase of approximately 150.0%[2] - Operating loss for the six months ended June 30, 2023, was RMB (64,581,269) thousand, compared to RMB (42,372,752) thousand for the same period in 2022, indicating a deterioration in operational performance[2] - The net loss attributable to shareholders for the period was RMB (4,043,954) thousand, a significant improvement from RMB (22,214,145) thousand in the previous year, reflecting a reduction in losses[3] - The company's total revenue for the six months ended June 30, 2023, was RMB 59,613,193 thousand, compared to RMB 23,952,653 thousand for the same period in 2022, representing an increase of approximately 149.8%[10] - Other income and gains for the six months ended June 30, 2023, totaled RMB 4,069,876 thousand, up from RMB 1,447,385 thousand in the same period of 2022, marking an increase of approximately 181%[19] - The operating loss reported under Chinese accounting standards for the six months ended June 30, 2023, was RMB (4,365,389) thousand, compared to RMB (23,073,211) thousand for the same period in 2022[15] Assets and Liabilities - Total assets increased to RMB 344,486,909 thousand as of June 30, 2023, up from RMB 294,979,377 thousand as of December 31, 2022, marking a growth of approximately 16.8%[4] - The company’s total liabilities were RMB 199,254,411 thousand as of June 30, 2023, compared to RMB 180,968,541 thousand at the end of 2022, reflecting an increase of about 10.1%[6] - The net current liabilities as of June 30, 2023, were approximately RMB 69,071,645 thousand, slightly down from RMB 70,237,477 thousand at the end of 2022[6] - The total assets reported under Chinese accounting standards as of June 30, 2023, were RMB 344,514,953 thousand, compared to RMB 295,011,335 thousand as of December 31, 2022, indicating a growth of approximately 17%[15] - The company’s equity attributable to shareholders decreased to RMB (3,446,814) thousand from RMB (19,436,846) thousand, reflecting a reduction in shareholder equity losses[2] Cash Flow and Liquidity - Cash and cash equivalents rose to RMB 25,969,930 thousand, compared to RMB 10,607,711 thousand at the end of 2022, indicating a strong liquidity position[4] - The company reported a cash flow position supported by unused bank credit facilities amounting to RMB 118,035 million, ensuring sufficient funds for debt repayment and capital expenditures[6] - The net cash inflow from operating activities is RMB 16.142 billion, compared to a net cash outflow of RMB 9.96 billion in the same period of 2022[55] Revenue Breakdown - Revenue from customer contracts in the aviation operations segment reached RMB 57,574,893 thousand, significantly up from RMB 22,782,416 thousand in the previous year, indicating a growth of about 152.5%[11] - The aviation operations segment generated RMB 55,469,530 thousand from passenger services, a substantial increase from RMB 15,103,503 thousand in the same period last year, marking a growth of about 267.5%[11] - Revenue from mainland China accounted for RMB 50,342,825 thousand, while revenue from Hong Kong, Macau, and Taiwan was RMB 1,730,660 thousand, and international revenue was RMB 7,539,708 thousand[17] Operational Metrics - The company's available seat kilometers (ASK) for the first half of 2023 was 128,799.56 million, a 167.30% increase from the previous year, indicating a strong recovery in capacity[27] - The number of passengers carried in the first half of 2023 was 55,544.89 thousand, which is a 192.00% increase compared to 19,022.17 thousand in the same period of 2022[27] - The revenue passenger kilometers (RPK) for the first half of 2023 was 90,835.35 million, reflecting a remarkable increase of 209.87% from the previous year[27] - The passenger load factor increased significantly, with international at 70.52% (up 9.69 percentage points) and domestic at 60.92% (up 24.89 percentage points) compared to the same period last year[28] Cost and Expenses - The company’s total operating expenses for the period were RMB (64,581,269) thousand, compared to RMB (42,372,752) thousand in the previous year, indicating a rise in operational costs[2] - Operating expenses increased by RMB 22.21 billion, a rise of 52.41%, totaling RMB 64.58 billion[44] - Fuel costs rose by RMB 8.99 billion, primarily due to increased fuel consumption and lower fuel prices, representing 29.96% of total operating expenses[45] Strategic Initiatives - The company is focusing on enhancing operational efficiency and cost control, aiming to maximize revenue through refined marketing strategies and pricing adjustments[32] - The company plans to implement a green development strategy, focusing on carbon peak action plans and biodiversity protection initiatives[34] - The company is actively involved in the development of new technologies and services to improve operational efficiency and customer experience[69] Governance and Compliance - The company has complied with the Corporate Governance Code during the reporting period[63] - The company is committed to maintaining compliance with the Hong Kong Stock Exchange listing rules and regulations[70] - The board of directors includes independent non-executive directors, ensuring governance and oversight[71]

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之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不會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。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00753） 二零二三年第一季度報告 本公告乃根據香港法例第571章證券及期貨條例第XIVA部及香港聯合交易所有限公司證 券上市規則第13.09及13.10B條而發表。 中國國際航空股份有限公司（「本公司」）董事會（「董事會」）於二零二三年四月二十六日召 開董事會會議，並通過決議批准本公司根據中國企業會計準則編製的截至二零二三年三 月三十一日止（「報告期」或「本期」）的二零二三年第一季度報告。 重要內容提示 公司董事會、監事會及董事、監事、高級管理人員保證季度報告內容的真實、準確、完 整，不存在虛假記載、誤導性陳述或重大遺漏，並承擔個別和連帶的法律責任。 ...

中國國際航空股份有限公司 ...

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之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不會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。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00753） 二零二二年年度業績 財務摘要 • 報告期內，本集團實現營業收入人民幣528.98億元；歸屬於本公司股東淨虧損人 民幣386.17億元。 • 經本公司第六屆董事會第十八次會議審議通過，本公司二零二二年度擬不進行利 潤分配。 二零二二年年度業績 董事會宣佈本集團截至二零二二年十二月三十一日止年度的經審核合併財務業績以及截 至二零二一年十二月三十一日止年度的相應比較數字如下： ...

Financial Performance - Operating revenue for the third quarter was RMB 18,135,912 thousand, a decrease of 8.37% compared to the same period last year[3] - Net profit attributable to shareholders was a loss of RMB 8,668,358 thousand, with a year-to-date loss of RMB 28,103,264 thousand, reflecting a significant decline[3] - Total operating revenue for the first three quarters of 2022 was RMB 42,088,565, a decrease of 26.7% compared to RMB 57,457,425 in the same period of 2021[18] - Net profit for the first three quarters of 2022 was a loss of RMB 32,412,286, compared to a loss of RMB 11,796,418 in the same period of 2021, indicating a significant decline in profitability[19] - The company reported a basic earnings per share of -2.05 in 2022, compared to -0.75 in 2021, reflecting worsening financial performance[20] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was RMB -4,895,560 thousand, representing a decrease of 148.23% compared to the previous year[3] - Operating cash flow for the first three quarters of 2022 was -4,895,560 thousand RMB, a significant decrease from 10,151,293 thousand RMB in the same period of 2021[22] - The total cash inflow from operating activities was 52,309,212 thousand RMB, down from 67,996,587 thousand RMB in the same period of 2021[22] - Cash and cash equivalents were reported at RMB 14,577,834 thousand, down from RMB 16,709,664 thousand, indicating a decrease of about 13%[13] - Cash and cash equivalents at the end of Q3 2022 totaled 13,775,693 thousand RMB, down from 8,768,175 thousand RMB in Q3 2021[24] Assets and Liabilities - Total assets at the end of the reporting period were RMB 296,940,407 thousand, a slight decrease of 0.49% from the previous year[4] - Current assets decreased to RMB 26,767,559 thousand from RMB 30,396,728 thousand year-over-year, reflecting a decline of approximately 12%[13] - Total liabilities increased to RMB 261,604,740 as of September 30, 2022, up from RMB 232,550,079 at the end of 2021, marking a rise of 12.5%[18] - Non-current liabilities totaled RMB 171,036,657 as of September 30, 2022, compared to RMB 141,134,355 at the end of 2021, an increase of 21.2%[18] - The company's total equity decreased to RMB 35,335,667 as of September 30, 2022, down from RMB 65,865,073 at the end of 2021, a decline of 46.5%[18] Shareholder Structure - The total number of ordinary shareholders at the end of the reporting period was 103,621[8] - The largest shareholder, China National Aviation Holding Company, holds 40.98% of the shares, with a total of 5,952,236,697 shares[8] - The company holds 51.70% of its shares directly and indirectly through its major shareholders, indicating a strong control over its equity structure[9] - The company is actively monitoring its shareholder structure, with significant holdings from major stakeholders such as China National Aviation Holding Company and Cathay Pacific Airways[9] Operational Challenges - The company is facing challenges due to the impact of the pandemic and rising fuel prices, affecting its financial performance[7] - The cash flow from operating activities is a critical area for future performance, with a focus on improving liquidity and managing short-term debts[12] - The company is committed to enhancing its financial health by managing its liabilities and optimizing its asset portfolio[12] Investment and Expenses - Research and development expenses rose to RMB 126,195 in the first three quarters of 2022, up from RMB 92,814 in the same period of 2021, an increase of 36%[18] - Total operating costs increased to RMB 76,941,159 in 2022 from RMB 73,584,421 in 2021, representing an increase of 4.5%[18] - The company reported a significant increase in long-term borrowings to RMB 55,862,186 as of September 30, 2022, compared to RMB 43,620,468 at the end of 2021, an increase of 28.1%[18] Other Financial Metrics - Non-operating income from government subsidies amounted to RMB 157,727 thousand for the reporting period[5] - The weighted average return on net assets was -22.21%, a decrease of 17.14 percentage points compared to the previous year[3] - Other comprehensive income after tax for the first three quarters of 2022 was RMB 1,883,524, compared to RMB 702,188 in 2021, indicating an improvement[19] - The impact of exchange rate changes on cash and cash equivalents was a positive 39,950 thousand RMB in 2022, contrasting with a negative impact of -26,438 thousand RMB in 2021[24]

UP AIR CHINA 中国网降航空公司 A STAR ALLIANCE MEMBER 中國國際航空股份有限公司 股份代號: 00753 香港 111 | 601111 上海 報 告 期 中國國際航空股份有限公司簡稱中國國航，英文名稱為Air China Limited ，簡稱Air China ，是中 國唯一載國旗飛行的航空公司。 「鳳凰者，仁鳥也」「見則天下寧」。中國國航的企業標識由一隻藝術化的鳳凰和中國改革開放的總設 計師鄧小平同志書寫的「中國國際航空公司」以及英文「AIR CHINA」構成。鳳凰是中華民族遠古傳說中的 祥瑞之鳥，為百鳥之王。鳳凰「出於東方君子之國，翱翔四海之外」，擷英咀華，志存高遠。中國國航推 崇的鳳凰精神的核心內涵是「傳遞吉祥，引領群倫，超越自我」。中國國航具有深厚的歷史積澱，身為中 國民航業發展的踐行者、推動者和引領者，秉承鳳凰精神，致力於打造完美航程，傳遞平安吉祥，致力 於引領行業發展，打造國家名片，致力於創新進取，追求事業輝煌。 中國國航於2004年12月15日在香港聯合交易所有限公司（股票代碼00753）和倫敦證券交易所（交易代 碼AIRC）上市；於2006年8月18日在上 ...

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之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不會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。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00753） 二零二二年第一季度報告 本公告乃根據香港法例第571章證券及期貨條例第XIVA部及香港聯合交易所有限公司證 券上市規則第13.09及13.10B條而發表。 中國國際航空股份有限公司（「本公司」）董事會（「董事會」）於二零二二年四月二十八日召 開董事會會議，並通過決議批准本公司根據中國企業會計準則編製的截至二零二二年三 月三十一日止（「報告期」或「本期」）的二零二二年第一季度報告。 重要內容提示 公司董事會、監事會及董事、監事、高級管理人員保證季度報告內容的真實、準確、完 整，不存在虛假記載、誤導性陳述或重大遺漏，並承擔個別和連帶的法律責任。 公司負責人、主管會計工作負責人及會計機構負責人（會計主管人員）保證季度報告中財 務報表信息的真實、準確、完整。 第一季度財務報表是否經審計 是 3 否 - 1 – 一、主要財務數據 （一）主要會計 ...

AIR CHINA 中国圆降 航空公司 A STAR ALLIANCE MEMBER 中國國際航空股份有限公司 股份代號: 00753 香港 中國國際航空股份有限公司簡稱中國國航，英 文名稱為Air China Limited ，簡稱Air China ，是中 國唯一載國旗飛行的航空公司。 「鳳凰者 ，仁鳥也」「見則天下寧」。中國國航的 企業標識由一隻藝術化的鳳凰和中國改革開放的總設 計師鄧小平同志書寫的「中國國際航空公司」以及英文 「AIR CHINA」構成 。鳳凰是中華民族遠古傳說中的 祥瑞之鳥 ，為百鳥之王 。鳳凰「出於東方君子之國 ， 翱翔四海之外」，擷英咀華 ，志存高遠 。中國國航推 崇的鳳凰精神的核心內涵是「傳遞吉祥 ，引領群倫 ， 超越自我」。中國國航具有深厚的歷史積澱 ，身為中 國民航業發展的踐行者、推動者和引領者，秉承鳳 凰精神，致力於打造完美航程，傳遞平安吉祥，致 力於引領行業發展，打造國家名片，致力於創新進 取，追求事業輝煌。 中國國航於2004年12月15日在香港聯合交易所有 限公司（股票代碼00753）和倫敦證券交易所（交易代碼 AIRC）上市；於2006年8月18日在上海證券交易所 ...