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 會 就 本 公 告 全 部 或 任 何 部 分 內 容 而 産 生 或 因 依 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 CHINA AIRCRAFT LEASING GROUP HOLDINGS LIMITED 中 國 飛 機 租 賃 集 團 控 股 有 限 公 司 （根據開曼群島法例註冊成立的有限公司） 中國 飛 機租 賃 集團 控股 有 限公 司 (「本 公 司 」)董 事會 (「董 事 會 」)謹 此宣 佈本 公 司將 於2025年8月27日 (星 期 三)舉行 董 事會 會 議，以 批准 (其中 包 括 ) 本公 司 及其 附 屬公 司截 至 2025年6月30日止 六 個月 之 中期 業績，以 及 考慮 派付 中 期股 息 (如 有 )。 承董 事 會命 中 國 飛 機 租 賃集 團控 股 有 限 公 司 執行 董 事兼 首 席執 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國飛機租賃集團控股有限公司 呈交日期: 2025年7月31日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01848 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.1 | HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.1 | HKD | | 1,000,000,000 | ...

Core Viewpoint - China Aircraft Leasing Group (01848) announced the sale of eight aircraft under a lease agreement to enhance capital utilization and pursue long-term sustainable growth, with the transaction expected to be completed by the end of October 2025 [1] Group 1 - The sale involves six owned aircraft, including four Airbus A320neo, one Airbus A321neo, and one Airbus A320ceo, as well as two managed aircraft [1]

Core Viewpoint - China Aircraft Leasing Group (01848) announced the sale of eight aircraft under a lease agreement to enhance capital utilization and pursue long-term sustainable growth, with the transaction expected to be completed by the end of October 2025 [1] Group 1 - The sale involves six aircraft owned by the company, including four Airbus A320neo, one Airbus A321neo, and one Airbus A320ceo, as well as two aircraft managed by the company [1]

格隆汇7月31日丨中国飞机租赁(01848.HK)公告，董事会欣然宣布，为提升资本利用率及追求长期可持 续增长，于2025年7月31日，公司全资附属特殊目的实体(卖方)与独立第三方(买方)就出售八架连租约飞 机订立《飞机组合及资产买卖协议》，其中包括由集团拥有的六架飞机以及由集团管理的两架飞机。出 售事项预期于2025年10月底前完成。 ...

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 會 就 本 公 告 全 部 或 任 何 部 分 內 容 而 産 生 或 因 依 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任 。 飛 機 資 產 包 交 易 是 本 集 團 常 規 業 務 之 一 。 與 一 線 租 賃 商 合 作 有 助 於 不 斷 優 化本 集 團的 機 隊組 合， 強 化資 產 管理 能力 ， 從而 開 拓更 多商 機 。 CHINA AIRCRAFT LEASING GROUP HOLDINGS LIMITED 中 國 飛 機 租 賃 集 團 控 股 有 限 公 司 （根據開曼群島法例註冊成立的有限公司） （股份代號：1848） 資 產 包 交 易 -出 售 八 架 連租約 飛 機 董事 會 欣然 宣 佈， 為提 升 資本 利 用率 及 追 求 長期 可 持續 增長 ， 於 2025 年 7 月 31 日（交 易 ...

Summary of Key Points Core Viewpoint - As of July 14, a total of 138 stocks reached their 52-week highs, indicating a strong performance in the market, with notable leaders including Green Heart Group Holdings, OK Blockchain, and Pearl River Steel Pipe [1]. Group 1: Top Performers - Green Heart Group Holdings (02999) achieved a closing price of 0.013 with a peak of 0.017, marking a 70.00% increase [1]. - OK Blockchain (01499) closed at 0.680, reaching a high of 0.690, reflecting a 48.39% rise [1]. - Pearl River Steel Pipe (01938) had a closing price of 0.335 and a peak of 0.340, resulting in a 33.33% increase [1]. Group 2: Other Notable Stocks - Weishi Jiajie (00856) saw a 32.01% increase, closing at 8.870 with a high of 11.300 [1]. - Cloud Intelligence (09678) reached a high of 520.000, closing at 510.000, which is a 20.99% increase [1]. - China Chengtong Development Group (00217) closed at 0.165 with a peak of 0.166, marking a 14.48% rise [1]. Group 3: Additional Stocks with Significant Increases - Sihuan Pharmaceutical (00460) closed at 1.380, reaching a high of 1.430, which is a 14.40% increase [1]. - Taited Pharmaceutical (03880) had a closing price of 36.950 and a peak of 37.400, reflecting a 13.85% rise [1]. - Beihai Kangcheng-B (01228) closed at 0.850 with a high of 0.960, resulting in a 12.94% increase [1].

Financial Performance - Total revenue for 2024 reached HKD 5,203.8 million, representing a year-on-year increase of 9.2% from HKD 4,763.7 million in 2023[24]. - Profit attributable to shareholders surged to HKD 257.5 million, a significant increase of 809.9% compared to HKD 28.3 million in 2023[24]. - Earnings per share for 2024 was HKD 0.346, reflecting a robust growth of 810.5% from HKD 0.038 in 2023[24]. - EBITDA for 2024 was HKD 5,038 million, showing a consistent upward trend from previous years[14]. - The total revenue for the year ended December 31, 2024, was HKD 5.204 billion, an increase from HKD 4.764 billion in 2023, representing a growth of approximately 9.2%[52]. - The net profit attributable to shareholders for the year was HKD 257.5 million, compared to HKD 28.3 million in the previous year, reflecting a substantial increase of approximately 812%[52]. - The EBITDA for 2024 reached HKD 5,038.4 million, an increase of HKD 661.4 million or 15.1% from HKD 4,377.0 million in 2023[54]. - Operating profit decreased slightly to HKD 898.7 million in 2024 from HKD 935.2 million in 2023[93]. Assets and Liabilities - Total assets amounted to HKD 58,240 million as of December 31, 2024[20]. - The total interest-bearing debt was HKD 48,577 million, with a debt-to-asset ratio of 83.4%[20][17]. - The total assets of the group as of December 31, 2024, were HKD 58,239.7 million, a decrease of HKD 1,585.0 million or 2.6% from HKD 59,824.7 million in 2023[54]. - The total liabilities decreased to HKD 52,911.5 million, down HKD 1,773.2 million or 3.2% from HKD 54,684.7 million in 2023[55]. - The total amount of bonds and financing notes decreased from HKD 5,943.5 million in 2023 to HKD 3,930.7 million in 2024, primarily due to the repayment of USD 240.3 million in bonds upon maturity[81]. - The total borrowings increased slightly by HKD 134.4 million or 0.3%, from HKD 42,911.8 million in 2023 to HKD 43,046.2 million in 2024[80]. - The group has a total of HKD 48,576.6 million in interest-bearing debt, which decreased by 3.8% from HKD 50,511.5 million in 2023[79]. Aircraft Operations - The company operated a fleet of 189 aircraft, consisting of 159 owned and 30 managed aircraft, serving 40 airline customers across 21 countries and regions[6]. - The company has 124 aircraft orders in its pipeline, indicating ongoing growth and expansion plans[6]. - The company completed the delivery of 19 aircraft during the fiscal year ending December 31, 2024[88]. - The total number of owned aircraft decreased from 165 in 2023 to 159 in 2024, with a notable increase in the Airbus A320 NEO series from 43 to 51[73]. - The total fleet size decreased from 165 aircraft to 159 aircraft, with 19 aircraft classified as held for sale as of December 31, 2024[72]. Dividends and Shareholder Returns - The board proposed a final dividend of HKD 0.18 per share, totaling HKD 0.30 per share for the year 2024, consistent with 2023[25]. - The board declared an interim dividend of HKD 0.12 per share, totaling approximately HKD 89.4 million[99]. - The proposed final dividend for the year ending December 31, 2024, is HKD 0.18 per share, an increase from HKD 0.15 per share in 2023[99]. - The company maintains a dividend policy aligned with its financial strategy, ensuring sufficient cash reserves for operational needs[101]. Market and Industry Outlook - In 2024, global air passenger demand is expected to grow by 10.4%, with a historic load factor of 83.5%[37]. - China's aviation industry recorded 730 million passengers in 2024, representing a year-on-year growth of 17.9%[37]. - The group anticipates global passenger numbers to exceed 5.2 billion by 2025, with a year-on-year growth of 6.7%, and expects the aviation market to continue to grow[49]. Financing and Capital Structure - The group secured approximately HKD 24 billion in new and renewed financing, including a USD 400 million warehouse-style aircraft financing project, marking the first issuance by an Asian aircraft leasing company since 2015[45]. - The group successfully issued RMB 1 billion perpetual medium-term notes at a record low interest rate of 2.7% during the year, further optimizing its capital structure[46]. - The group plans to optimize its capital structure and enhance operational strength in response to changing domestic and international interest rate environments[49]. - The group has established a stock option plan with a vesting period of two years, contingent upon performance targets set by the CEO[170]. Governance and Management - The board of directors underwent changes, with several appointments and resignations noted, including the appointment of Mr. Li Guohui as Chief Financial Officer on March 19, 2024[120]. - The board of directors is required to rotate one-third of its members at each annual general meeting, ensuring governance and compliance[122]. - The audit committee consists of independent non-executive directors, including Mr. Fan Junhua (Chairman), Mr. Zhuo Shengquan, Dr. Xie Xiaodong, and Dr. Hong Wen, with discussions on financial reporting and risk management[196]. - Deloitte will replace PwC as the company's auditor effective October 22, 2024, following PwC's resignation on October 21, 2024[199]. Corporate Social Responsibility - The total charitable donations made by the group during the year were approximately HKD 140,000[119]. - The company has established a strategy for sustainable development, with a focus on environmental, social, and governance issues[124].

Summary of the Conference Call Company Overview - The conference call featured China Aircraft Leasing Group, with key speakers including Chief Strategy Officer and Co-CFO Li Bo-hui and Director of Investor Relations Ivy [1][2]. Financial Performance - For 2024, the company reported a total revenue of HKD 5.204 billion, a year-on-year increase of 9% [1]. - Shareholder earnings reached HKD 258 million, maintaining a consistent dividend policy with a final dividend of HKD 0.18 [1]. - New assets grew by 4% to HKD 5.328 billion, with a debt ratio decreasing to 83.4% [2]. - The company achieved an international investment-grade rating from China Chengxin International Credit Rating Co. [2]. Business Operations - The leasing business was active, signing new leases or letters of intent for 48 aircraft, with 17 aircraft delivered [2]. - The company sold 27 out of 50 aircraft signed under SPA, setting a historical record for aircraft transactions [2]. - The fleet composition remains focused on narrow-body aircraft, which constitute 90% of the fleet, ensuring liquidity and value stability [3]. Market Outlook - The global and Chinese aviation markets are experiencing growth, with passenger traffic reaching new records [4]. - Supply chain issues, particularly in OEM production capacity, are causing a persistent aircraft supply shortage, benefiting asset values and rental income [4]. - The Federal Reserve's interest rate cuts are expected to stimulate the aircraft trading market and reduce dollar borrowing costs [4]. Financial Management - The company reported a net income of HKD 213 million, with government support contributing HKD 316 million to operations [5]. - Total financing in the previous year was HKD 24 billion, with an average financing cost of 5.5% [6]. - The company is actively managing its debt structure to improve its international credit rating and reduce interest expenses [7]. Fleet Management - The owned fleet decreased slightly to 159 aircraft, while the managed fleet increased to 30 aircraft, representing 16% of the total fleet [8]. - The company plans to maintain a balance between aircraft deliveries and sales, with 25 aircraft expected to be delivered and sold in 2025 [8]. Customer Base and Expansion - The proportion of overseas customers exceeded 30%, with a focus on first-tier airlines [9]. - The company anticipates a positive rental income outlook due to the high demand for aircraft and the upcoming lease expirations in 2025-2027 [9]. Challenges and Risks - The supply chain issues affecting Boeing and Airbus are primarily due to engine shortages and production quality concerns [12]. - The company is aware of potential delivery delays for aircraft, which could impact fleet expansion plans [13]. Strategic Focus - The company aims to enhance its asset management capabilities and increase management fee income as a growth driver [19]. - There is a strategic emphasis on expanding the managed fleet and optimizing asset management to improve profitability [20]. Future Projections - The company expects to continue benefiting from a strong demand for aircraft leasing, despite potential supply chain constraints [25]. - The leasing market is projected to remain robust, with a significant backlog of orders from manufacturers [25]. Conclusion - Overall, China Aircraft Leasing Group is positioned for continued growth, supported by a strong financial performance, strategic fleet management, and favorable market conditions, despite facing challenges related to supply chain disruptions and aircraft delivery timelines [36][42].

Financial Performance - Total revenue for the year ended December 31, 2024, reached HKD 5,203.8 million, an increase of 9.2% compared to HKD 4,763.7 million in 2023[3] - Profit attributable to shareholders surged to HKD 257.5 million, reflecting a remarkable growth of 809.9% from HKD 28.3 million in the previous year[3] - The company's earnings per share (basic) increased to HKD 0.346, a significant rise of 810.5% from HKD 0.038 in 2023[3] - The group achieved an EBITDA of HKD 5,038.4 million, marking a 15.1% increase from HKD 4,377.0 million in 2023[3] - The profit for 2024 was HKD 325.6 million, up HKD 105.4 million or 47.9% from 2023's HKD 220.2 million[40] - The total revenue for 2024 was HKD 5,203.8 million, an increase of HKD 440.1 million or 9.2% compared to 2023's HKD 4,763.7 million[42] - The company reported a total comprehensive income of HKD 142,236,000 for the year, compared to HKD 77,953,000 in 2023[96] Aircraft Operations and Fleet Management - The average passenger load factor for the airline subsidiary exceeded 70%, with over 1 million passengers transported and more than 9,000 flights operated during the year[13] - The company delivered 17 new aircraft and purchased 2 used aircraft during the review period[24] - The company's fleet consisted of 189 aircraft as of December 31, 2024, with 90% of owned aircraft being narrow-body models, maintaining a 100% rental rate[27] - The total fleet size decreased from 165 aircraft on December 31, 2023, to 159 aircraft on December 31, 2024[40] - The number of aircraft classified as held for sale increased by 289.8% from 4 aircraft in 2023 to 19 aircraft in 2024[64] - The total number of owned aircraft decreased from 165 in 2023 to 159 in 2024, with a notable increase in the A320 NEO series from 43 to 51[68] - The group completed the delivery of 19 aircraft during the year ending December 31, 2024[89] Financial Management and Capital Structure - The group issued its first perpetual medium-term notes in the Chinese market, diversifying its funding sources[10] - The group secured approximately HKD 24 billion in new and renewed financing, including aircraft project loans and RMB bonds, enhancing liquidity for business development[32] - The group issued its first USD 400 million warehouse-style aircraft financing in October 2024, marking a significant innovation in financing channels since 2015[32] - The group successfully issued RMB 3 billion and RMB 12 billion medium-term notes with interest rates of 2.75% and 3.3%, respectively, optimizing its capital structure[33] - The total amount of bonds and financing notes decreased significantly from HKD 5,943.5 million in 2023 to HKD 3,930.7 million in 2024, primarily due to the repayment of USD 240.3 million in bonds[80] - The total borrowings increased slightly by HKD 134.4 million or 0.3%, from HKD 42,911.8 million in 2023 to HKD 43,046.2 million in 2024[78] - The company plans to consider equity and debt financing opportunities to support rapid expansion and has established multiple aircraft investment platforms[83] Market and Growth Strategy - The global air passenger demand is expected to grow by 10.4% in 2024, with China's aviation market showing a record 730 million passengers, a 17.9% increase year-on-year[23] - The company aims to leverage its strengths to enhance its role in the global aviation market and create greater value for stakeholders[18] - The company plans to continue optimizing financial management and expanding its global operations in response to market opportunities[23] - The group aims to expand its global customer base and provide comprehensive aircraft lifecycle solutions in response to market opportunities[36] - The anticipated continuation of the interest rate reduction cycle is expected to lower market funding costs and accelerate the recovery of the global aircraft trading market[36] - The company plans to continue focusing on operational efficiency and cost management to improve future cash flows and profitability[102] Awards and Recognition - The group received two awards from Airline Economics, recognizing its contributions to sustainable development and business innovation in the aviation sector[11] - The company achieved an investment-grade international rating for the first time, reflecting its strong market position and asset quality[15] - The company received AAA ratings from two domestic rating agencies for its wholly-owned subsidiary, reflecting strong operational strength and credit status[15] Dividends and Shareholder Returns - The final dividend per share proposed is HKD 0.18, alongside an interim dividend of HKD 0.12, maintaining a total annual dividend of HKD 0.30[7] - The company declared a final dividend of HKD 0.18 per share for 2024, up from HKD 0.15 per share in 2023, reflecting a 20% increase[152] - The board has proposed a final dividend of HKD 0.18 per share for the year ending December 31, 2024, an increase from HKD 0.15 per share in 2023[159] Compliance and Governance - The company has adhered to all applicable corporate governance codes as of December 31, 2024, except for the absence of the chairman at the annual general meeting[167] - The Audit Committee, consisting of independent non-executive directors, reviewed the accounting principles and practices adopted by the group, including discussions on audit, internal controls, risk management, and financial reporting[170] - The consolidated financial statements for the year ending December 31, 2024, have been reviewed and agreed upon by the external auditor, Deloitte[172] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[93] - The group is evaluating the specific impact of the new Hong Kong Financial Reporting Standard 18 on its consolidated financial statements[110] - The group anticipates that the application of revised accounting standards will not have a significant impact on the consolidated financial statements in the foreseeable future[109]