每经头条（nbdtoutiao）——"25基点太少，50基点太多"：美联储降息"走钢丝"，"特朗普代言人"投下唯 一反对票 （记者 张喜威） 每经AI快讯，中国国航9月18日晚间发布公告称，公司第七届第七次董事会会议于2025年9月18日以书 面议案方式召开。会议审议了《关于提名刘铁祥先生为公司执行董事人选的议案》等文件。 ...

2025 2025 中期報告 中國國際航空股份有限公司 股份代號: 00753 香港 601111 上海 AIRC 倫敦 Air China Limited 中國國際航空股份有限公 司 Interim Report 2025 二零二五年中期報告 Stock code: 00753 Hong Kong 601111 Shanghai AIRC London Air China Limited INTERIM REPORT 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 ...

重要内容提示： 一、 召开会议的基本情况 证券代码：601111 证券简称：中国国航 公告编号：2025-042 中国国际航空股份有限公司 关于召开2025年第二次临时股东会的通知 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） 股东会类型和届次 2025年第二次临时股东会 召开的日期时间：2025 年 10 月 10 日 10 点 00 分 召开地点：中国北京市顺义区天柱路 30 号国航总部大楼 C713 会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 10 月 10 日 至2025 年 10 月 10 日 1 股东会召开日期：2025年10月10日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 （二） 股东会召集人：董事会 （三） 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 （四） 现场会议召开的日期、时间和地点 上述议案已经公司第七届董事会第七次会议审议通过，详见公司于 2025 ...

证券代码：601111 股票简称：中国国航 公告编号：2025-041 中国国际航空股份有限公司 第七届董事会第七次会议决议公告 表决情况：赞成 9 票、反对 0 票、弃权 0 票，表决结果：通过。 同意提名刘铁祥先生为公司执行董事人选，同意将《关于选举刘铁祥先生为 公司执行董事的议案》提请公司 2025 年第二次临时股东会审议。 （二）关于提议召开 2025 年第二次临时股东会的议案 表决情况：赞成 9 票、反对 0 票、弃权 0 票，表决结果：通过。 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、董事会会议召开情况 中国国际航空股份有限公司（以下简称"公司"）第七届董事会第七次会议（以 下简称"本次会议"）的通知和材料于近日以电子通讯等方式发出。本次会议于 2025 年 9 月 18 日以书面议案方式召开。本次会议的召集和召开符合《公司法》 等相关法律、行政法规、规章、规范性文件及公司章程的规定，合法、有效。 二、董事会会议审议情况 本次会议审议并通过了如下议案： （一）关于提名刘铁祥先生为公司执行董事人选的议案 附 ...

Core Viewpoint - China National Airlines' stock price has shown a slight increase of 0.13% year-to-date, with a recent 2.59% rise over the past five trading days, indicating a modest recovery in the airline sector [2] Group 1: Stock Performance - On September 18, China National Airlines' stock fell by 2.10%, trading at 7.92 CNY per share with a transaction volume of 1.87 billion CNY and a turnover rate of 0.20% [1] - The stock has experienced a year-to-date increase of 0.13%, a 2.59% rise over the last five trading days, and a 5.32% increase over the past 20 days [2] Group 2: Financial Performance - For the first half of 2025, China National Airlines reported operating revenue of 807.57 billion CNY, reflecting a year-on-year growth of 1.56%, while the net profit attributable to shareholders was -18.06 billion CNY, showing a year-on-year increase of 35.11% [2] - The company has cumulatively distributed 133.18 billion CNY in dividends since its A-share listing, with no dividends paid in the last three years [3] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for China National Airlines was 129,200, a decrease of 14.55% from the previous period [2] - The largest circulating shareholder, Hong Kong Central Clearing Limited, holds 279 million shares, an increase of 35.08 million shares compared to the previous period [3]

Group 1: Industry Overview - The domestic flight ticket bookings for the Mid-Autumn and National Day holidays have exceeded 4.52 million, with a daily average increase of over 25% compared to the same period last year [1] - International flight ticket bookings have surpassed 1.29 million, with a daily average increase of approximately 14% year-on-year [1] - The search volume for domestic flight tickets has increased by over 30%, with keywords related to moon viewing and autumn appreciation seeing a 117% year-on-year increase [1] Group 2: Supply and Demand Dynamics - The Civil Aviation Administration of China (CAAC) is focusing on optimizing route networks and addressing "involution" competition within the industry, which is expected to lead to a more rational competitive environment [2][5] - During the summer travel season, passenger flow increased by over 3% year-on-year, with a rise in seat occupancy rates [2][4] - The demand for private travel has been strong, while business travel has unexpectedly weakened, leading to a decrease in ticket prices [4] Group 3: Airline Performance - China Eastern Airlines, China Southern Airlines, and Air China saw their stock prices rise by over 4% and 2% respectively, driven by the anticipated increase in travel during the upcoming holidays [3] - China Southern Airlines reported a revenue of 86.29 billion yuan for the first half of 2025, with a year-on-year growth of 1.8% [8] - Air China achieved a revenue of 80.76 billion yuan in the first half of 2025, marking a 1.6% year-on-year increase, and managed to turn a profit in the second quarter [7] Group 4: Future Outlook - The industry is expected to see a gradual recovery in profitability due to lower oil prices and a stable exchange rate, which will enhance airline profits [6] - The CAAC is likely to continue controlling flight schedules, which may limit capacity growth but could lead to improved pricing strategies in the medium term [5][6] - The overall industry is projected to turn profitable in 2025, with airlines expected to reduce losses significantly during the off-peak season [6]

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。 00753 承董事會命 中國國際航空股份有限公司 公司秘書 肖烽 中國北京，二零二五年九月十七日 更改臨時股東會日期及暫停辦理股份過戶登記期間及記錄日期 茲提述中國國際航空股份有限公司（「本公司」）日期為二零二五年九月十日的公告（「該公 告」）。除另有界定者外，本公告所用詞彙應與該公告所界定者具有相同涵義。 董事會宣佈，根據本公司實際工作安排，該公告所載原訂於二零二五年九月三十日（星期 二）舉行的臨時股東會將改期。臨時股東會將改訂於二零二五年十月十日（星期五）舉行 （「經改期臨時股東會」）。 由於更改臨時股東會日期，暫停辦理股份過戶登記期間將更改為二零二五年十月二日（星 期四）至二零二五年十月十日（星期五）（首尾兩日包括在內），期間不會辦理任何H股股份 過戶。為符合資格出席經改期臨時股東會並於會上投票，H股持有人須於二零二五年九月 三十日（星期二）下午四時三十分前，將所有過戶文件交回本公司於香港的H股股 ...

2025 2025 中期報告 中國國際航空股份有限公司 股份代號: 00753 香港 601111 上海 AIRC 倫敦 Air China Limited 中國國際航空股份有限公 司 Interim Report 2025 二零二五年中期報告 Stock code: 00753 Hong Kong 601111 Shanghai AIRC London Air China Limited INTERIM REPORT 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 ...

Core Viewpoint - The announcement by Guohang on September 17 indicates that the company has exclusive rights to procure passenger aircraft cargo transportation services from Air China, operating independently under its own name for cargo business [1] Group 1: Business Operations - Guohang acts as the contracting carrier, signing cargo transportation service contracts with shippers and collecting freight for goods transported in Air China's passenger aircraft [1] - Air China serves as the actual carrier, providing air transport and related ground services for the goods delivered to Guohang, while also assuming the responsibilities of the actual carrier [1] Group 2: Financial Arrangements - The settlement model involves Air China and its subsidiaries charging Guohang for the exclusive operation of its passenger aircraft cargo business, with the transportation service fees calculated based on actual freight income generated from the cargo business, minus a certain business fee rate [1]

Group 1 - China National Airlines (601111) shares increased by over 5%, currently up 5.73% at HKD 5.72, with a trading volume of HKD 349 million [1] - The company announced that by August 2025, the combined passenger turnover (measured in revenue passenger kilometers) is expected to rise year-on-year [1] - Passenger capacity input (measured in available seat kilometers) is projected to increase by 2.3% year-on-year, while passenger turnover is expected to grow by 3.2% year-on-year [1] Group 2 - Domestic passenger capacity input is expected to decline by 1.2% year-on-year, with passenger turnover remaining flat [1] - International passenger capacity input is projected to rise by 12.6% year-on-year, with passenger turnover increasing by 12.9% year-on-year [1] - Regional passenger capacity input is expected to decrease by 5.7% year-on-year, with passenger turnover declining by 2.2% year-on-year [1] Group 3 - The average passenger load factor is 83.7%, an increase of 0.8 percentage points year-on-year [1] - Domestic routes are expected to see a load factor increase of 1.1 percentage points, while international routes are projected to rise by 0.2 percentage points, and regional routes by 2.9 percentage points [1] Group 4 - Huatai Securities reported that the summer travel season has seen strong demand for leisure travel, supporting high load factors for airlines, although business travel remains constrained, affecting overall ticket prices [1] - Demand for business travel is expected to recover in September, with a lower base, potentially improving airline ticket pricing data [1] - The combined National Day and Mid-Autumn Festival holiday in 2025 is anticipated to drive high tourism market activity, supported by policy, capacity assurance, and upgraded demand, benefiting the accommodation and transportation sectors [1]