Group 1: Conference Overview - The 2025 IATA North Asia CARGO DAY and Guangzhou International Air Cargo Hub High-Quality Development Conference was held on June 10-11, focusing on the theme "China Hub, Connecting the World" [1] - This marks the third consecutive year Guangzhou has hosted an international summit in the air cargo sector [1] Group 2: Market Growth and Performance - Under the "dual circulation" development pattern, China's air logistics market is expanding, with Baiyun Airport's international cargo route network becoming denser [1] - According to the "Guangzhou International Air Cargo Hub High-Quality Development White Paper (2024-2025)," Baiyun Airport's cargo throughput is expected to reach 2.3825 million tons in 2024, a year-on-year increase of 16.9%, achieving a historical high and ranking ninth globally for the first time [1] - Baiyun Airport has seen a 12-fold increase in cargo throughput over 30 years, now ranking ninth globally, with a cargo-to-passenger ratio improved from 50:1 to 31:1 [6] Group 3: Strategic Developments - The Guangdong Airport Group aims to develop Baiyun Airport into a world-class air logistics super hub with a target capacity of 6 million tons [1][5] - The airport's expansion project, with a total investment of 53.77 billion yuan, includes the construction of a new terminal and additional runways, enhancing its capacity to handle 1.4 billion passengers and over 600,000 tons of cargo [6] Group 4: Industry Trends and Challenges - The global air logistics industry is undergoing significant changes due to geopolitical factors, trade policy shifts, and supply chain disruptions, leading to increased costs and reliability pressures [2][3] - The industry is witnessing a transformation from traditional transportation to high-value logistics, with a rise in sectors like pharmaceutical cold chain and cross-border e-commerce [4] - Digital technology is being widely adopted to enhance efficiency across the logistics chain, and sustainable development is becoming a consensus within the industry [4] Group 5: Future Outlook - The air cargo sector is expected to see new market opportunities arising from the restructuring of trade patterns, particularly in emerging and developing economies [3] - Airlines are focusing on expanding their cargo route networks to strengthen their positions in traditional and emerging markets, with a particular emphasis on collaboration with ecological partners [8]

重要说明： 一、上述数据本月数为快报数据，与实际数据可能存在差异。 二、因存在其他形式的飞行，部分项目分项数字之和与总计数存在 差异。 三、上述运输生产数据源自公司内部统计，仅供投资者参考。 广州白云国际机场股份有限公司董事会 证券代码：600004 证券简称：白云机场 公告编号：2025-029 广州白云国际机场股份有限公司 2025 年 5 月生产经营数据快报 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。 2025 年 6 月 11 日 项目 月度 累计 本月数 同比增长 累计数 同比增长 一、起降架次（架次） 45,583.00 11.16% 222,022.00 6.53% 其中：国内航线 35,808.00 11.46% 173,609.00 3.97% 地区航线 356.00 -11.88% 1,883.00 -2.74% 国际航线 9,419.00 11.10% 46,530.00 17.76% 二、旅客吞吐量（人次） 6,863,652.00 14.27% 33,586,005.00 8.76% 其中：国内航 ...

Core Viewpoint - Guangzhou Baiyun International Airport Co., Ltd. reported significant growth in operational data for May 2025, indicating a positive trend in both passenger and cargo throughput [1]. Group 1: Operational Data Summary - The total number of takeoffs and landings for May 2025 reached 45,583, representing an 11.16% year-on-year increase, with a cumulative total of 222,022, reflecting a 6.53% growth [1]. - Domestic routes accounted for 35,808 takeoffs and landings, up 11.46% year-on-year, while international routes saw 9,419, marking an 11.10% increase [1]. - Passenger throughput for May 2025 was 6,863,652, a 14.27% increase year-on-year, with a cumulative total of 33,586,005, which is an 8.76% growth [1]. - Domestic passenger numbers were 5,486,503, up 13.13%, while international passengers reached 1,321,388, showing a significant 19.87% increase [1]. Group 2: Cargo and Mail Throughput Summary - Cargo and mail throughput for May 2025 was 205,697.65 tons, a 2.01% increase year-on-year, with a cumulative total of 964,530.87 tons, reflecting a 1.88% growth [1]. - Domestic cargo accounted for 72,075.10 tons, up 12.31%, while international cargo was 128,205.55 tons, showing a slight decline of 1.90% [1]. - Regional cargo saw a significant drop of 20.11% in May, totaling 5,416.99 tons, with a cumulative decline of 3.95% [1].

证券代码：600004 证券简称：白云机场 公告编号：2025-029 广州白云国际机场股份有限公司 2025 年 5 月生产经营数据快报 一、上述数据本月数为快报数据，与实际数据可能存在差异。 二、因存在其他形式的飞行，部分项目分项数字之和与总计数存在 差异。 三、上述运输生产数据源自公司内部统计，仅供投资者参考。 广州白云国际机场股份有限公司董事会 2025 年 6 月 11 日 项目 月度 累计 本月数 同比增长 累计数 同比增长 一、起降架次（架次） 45,583.00 11.16% 222,022.00 6.53% 其中：国内航线 35,808.00 11.46% 173,609.00 3.97% 地区航线 356.00 -11.88% 1,883.00 -2.74% 国际航线 9,419.00 11.10% 46,530.00 17.76% 二、旅客吞吐量（人次） 6,863,652.00 14.27% 33,586,005.00 8.76% 其中：国内航线 5,486,503.00 13.13% 26,741,447.00 5.48% 地区航线 55,761.00 3.23% 275,805.0 ...

Core Points - The fifth runway at Guangzhou Baiyun Airport has commenced its flight calibration tasks, marking a critical milestone in the airport's Phase III expansion project [1] - The new runway is designed to 4E standards, measuring 3,600 meters in length and 45 meters in width, located 1,530 meters east of the existing East No. 2 runway [1] - The Central South Air Traffic Management Bureau has implemented a "dual tower" coordination system for air traffic control, enhancing operational efficiency and safety during the calibration flights [1][2] Group 1 - The flight calibration tasks are expected to last approximately 20 days, during which communication, navigation, and lighting facilities of the new runway will be thoroughly tested [2] - The dual tower system includes a new second tower responsible for low-altitude monitoring and landing procedures, while the existing first tower oversees overall command [1][2] - This marks the first significant operational task for the newly constructed second tower, indicating a new phase of collaborative operations at Guangzhou Baiyun Airport with "five runways and dual towers" [1]

Group 1 - The Guangzhou Baiyun Airport Phase III expansion project is the largest airport expansion project in China's civil aviation history, with a total investment exceeding 100 billion yuan [1] - The project involves the relocation of 62 villages and approximately 62,000 residents, with the first batch of housing for displaced residents expected to be completed six months ahead of schedule [1] - The total planned area for the Phase III housing project is over 12.5 million square meters, making it the largest housing project under construction in Guangdong Province [1] Group 2 - The fifth runway (East Third Runway) of Guangzhou Baiyun International Airport has entered the flight calibration phase, marking a critical verification stage before its operation [2][4] - The calibration will test key systems such as communication navigation, approach lighting, and overall flight procedures, significantly improving operational efficiency during peak flight times once completed [4] - Upon full completion, the airport's annual passenger throughput capacity will exceed 120 million, and cargo throughput will reach 3.8 million tons, reinforcing its status as a core aviation hub in the Guangdong-Hong Kong-Macao Greater Bay Area [4]

Core Viewpoint - The Guangzhou Baiyun International Airport is entering a new phase with the T3 terminal project expected to be operational within the year, marking the beginning of the "three terminals and five runways" era, significantly enhancing passenger and cargo capacity [6][12]. Group 1: T3 Terminal Development - The T3 terminal is designed with a "flower" theme, consisting of eight petals, and is currently in the final stages of construction, with 80% of the decoration work completed and over 6,000 workers on-site [2][7]. - The total construction area of the T3 terminal is 683,300 square meters, with a height of 42.95 meters, and it features a centralized main building and concourse layout [10]. - The terminal's design aims to reduce the average walking distance for passengers and improve operational efficiency, allowing for more simultaneous independent operations at the gates [10]. Group 2: Capacity and Features - Once operational, the airport's annual passenger throughput capacity is projected to exceed 120 million, with cargo throughput reaching 3.8 million tons, and the terminal's ultimate capacity could reach 140 million passengers and 6 million tons of cargo [12]. - The T3 terminal will also feature the first open-air airport observation deck in the country, providing unique viewing experiences of the airport and aircraft operations [14][16]. - The observation deck will allow visitors to enjoy panoramic views of the airport without needing a flight ticket, enhancing the airport's appeal as a destination [17].

Core Viewpoint - The legal opinion letter confirms that the upcoming annual general meeting of Guangzhou Baiyun International Airport Co., Ltd. is in compliance with relevant laws and regulations, ensuring the legitimacy of the meeting and its procedures [1][5]. Group 1: Meeting Procedures - The board of directors decided to convene the annual general meeting on April 29, 2025, and the notice was published on May 16, 2025, in various financial newspapers and the Shanghai Stock Exchange website [2][4]. - The meeting will take place at the comprehensive service building in the southeast working area of Guangzhou Baiyun International Airport on June 5, 2025 [1][2]. Group 2: Attendance and Voting - The meeting will utilize a combination of on-site and online voting, with 57.42% of shareholders present at the meeting and 1,059 shareholders participating in online voting, representing 66,463,844 shares, which is 2.81% of the total voting shares [3][4]. - The attendees include shareholders, board members, supervisors, and senior management, all of whom have the legal right to participate in the meeting [4][5]. Group 3: Legal Validity - The legal opinion asserts that the convening and voting procedures of the meeting comply with the Company Law, Securities Law, and the company's articles of association, confirming the legality of the resolutions passed [5].

Meeting Details - The shareholders' meeting was held on June 5, 2025, at the Guangzhou Baiyun International Airport [1] - The meeting was attended by shareholders representing 60.2321% of the voting rights [1] - The meeting was convened by the board of directors and chaired by Mr. Wang Xiaoyong, the chairman and general manager [1] Voting Results - All non-cumulative voting proposals were approved with significant majority support, including: - Proposal 1: 99.4796% in favor, 0.4793% against, and 0.0411% abstained [1] - Proposal 2: 99.4775% in favor, 0.4732% against, and 0.0493% abstained [1] - Proposal 3: 99.4789% in favor, 0.4741% against, and 0.0470% abstained [1] - Proposal 4: 99.4925% in favor, 0.4689% against, and 0.0386% abstained [1] Legal Compliance - The meeting's convening and voting procedures complied with the Company Law and the company's articles of association, ensuring the legality of the resolutions passed [3] - The meeting was witnessed by lawyers, confirming the legality of the proceedings [3]

一、 会议召开和出席情况 证券代码：600004 证券简称：白云机场 公告编号：2025-028 广州白云国际机场股份有限公司 2024年年度股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 | 1、出席会议的股东和代理人人数 | 1,065 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,425,526,048 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股份总 | | | 数的比例（%） | 60.2321 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由本公司董事会召集，董事长、总经理王晓勇先生主持，会议 的召集、召开和表决方式符合《中华人民共和国公司法》及《广州白云国际机场 股份有限公司章程》的规定。 (一) 股东大会召开的时间：2025 年 6 月 5 日 (二) 股东大会召开的地点：广州白云国际机场东南工作区空港南横四路综合 服务大楼三区 (三) 出席会议 ...