Market Performance - The aviation and airport sector increased by 0.23% on August 7, with Shenzhen Airport leading the gains [1] - The Shanghai Composite Index closed at 3639.67, up 0.16%, while the Shenzhen Component Index closed at 11157.94, down 0.18% [1] Individual Stock Performance - Shenzhen Airport (000089) closed at 7.24, up 1.54% with a trading volume of 148,200 shares and a turnover of 107 million yuan [1] - Xiamen Airport (600897) closed at 14.86, up 0.68% with a trading volume of 24,100 shares and a turnover of 35.68 million yuan [1] - Spring Airlines (601021) closed at 52.86, up 0.63% with a trading volume of 29,000 shares and a turnover of 153 million yuan [1] - China Eastern Airlines (600115) closed at 3.83, up 0.52% with a trading volume of 446,600 shares and a turnover of 171 million yuan [1] - China Southern Airlines (600029) closed at 5.74, up 0.35% with a trading volume of 265,100 shares and a turnover of 152 million yuan [1] - China National Aviation (601111) closed at 7.28, up 0.28% with a trading volume of 548,700 shares and a turnover of 26.66 million yuan [1] Capital Flow Analysis - The aviation and airport sector experienced a net outflow of 3.73 million yuan from institutional investors and 5.50 million yuan from speculative funds, while retail investors saw a net inflow of 9.23 million yuan [2] - The capital flow for individual stocks shows that China Southern Airlines had a net inflow of 111.51 million yuan from retail investors, while Xiamen Airport had a net outflow of 342,000 yuan from institutional investors [3]

Summary of Key Points Core Viewpoint - The report highlights the operational performance and challenges faced by Shanghai airports during the summer travel peak, emphasizing the increase in flight operations and passenger traffic, as well as the dedication of airport staff in extreme weather conditions [1][5]. Group 1: Flight Operations and Passenger Traffic - In July, Shanghai's two major airports (Pudong and Hongqiao) handled a total of 73,000 flight operations, with a year-on-year growth of 2.9% [1] - The airports facilitated 11.697 million passengers, averaging 377,000 passengers daily, which represents a 4.7% increase year-on-year [1] - The increase in international passenger traffic is attributed to the expansion of China's visa-free policies [5] Group 2: Ground Services and Employee Efforts - During the peak summer season, Pudong Airport's fuel supply unit supported over 780 flights daily, marking a nearly 5% increase [2] - Ground staff, including baggage handlers, worked under challenging conditions, managing an average of 8 flights per day while ensuring careful handling of luggage [3][6] - The airport's customs officers conducted thorough inspections of incoming flights, ensuring safety and efficiency in customs processes [12][15] Group 3: Infrastructure and Equipment Management - Bridge equipment operators at Pudong Airport ensured the connection of 400Hz power and air conditioning to incoming flights, averaging nearly 20 flights daily [5] - Maintenance staff for navigation lights conducted extensive inspections across over 8,000 light sets and 600 kilometers of cables to ensure operational stability [10][13] Group 4: Employee Welfare and Support - The airport management implemented measures to support employees working in high temperatures, including the distribution of cooling supplies and the establishment of shared rest areas [16][17] - Medical teams provided on-site health services to frontline workers, ensuring their well-being during extreme heat [14][16]

Market Performance - The motorcycle and other sectors increased by 2.5% compared to the previous trading day, with Chuanfeng Power leading the gains [1] - On the same day, the Shanghai Composite Index closed at 3633.99, up 0.45%, while the Shenzhen Component Index closed at 11177.78, up 0.64% [1] Individual Stock Performance - Chuanfeng Power (603129) closed at 244.01, rising by 7.59% with a trading volume of 23,600 lots and a transaction value of 562 million [1] - Taotao Industry (301345) closed at 160.99, up 5.42%, with a trading volume of 39,700 lots and a transaction value of 634 million [1] - Other notable performers include: - Zhongbi General (603766) at 12.71, up 4.87% [1] - Zhenghe Industrial (003033) at 47.11, up 3.70% [1] - Linhai Co. (6600009) at 11.84, up 1.54% [1] Capital Flow Analysis - The motorcycle and other sectors experienced a net outflow of 127 million from main funds, while retail investors saw a net inflow of approximately 98.98 million [2] - The main funds' net inflow and outflow for specific stocks include: - Zhenghe Industrial: -29.44 million [3] - Yong'an Xing (603776): +27.02 million [3] - Aima Technology (603529): +0.72 million [3]

Group 1 - Morgan Stanley downgraded Shanghai Airport's rating to neutral [1]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 000099 | 中信海直 | 23.66 | 1.76% | 50.05万 | | 11.59亿 | | 600221 | 海航控股 | 1.52 | 1.33% | 412.06万 | | 6.27亿 | | 000089 | 深圳机场 | 7.21 | 1.12% | 19.68万 | | 1.42 Z | | 600004 | 白云机场 | 9.46 | 0.96% | 10.59万 1 | | 9993.12万 | | 603885 | 吉祥航空 | 12.50 | 0.89% | 16.35万 | | 2.04亿 | | 600115 | 中国东航 | 3.82 | 0.79% | 49.67万 | | 1.89亿 | | 600009 | 上海机场 | 32.34 | 0.72% | 6.65万 | | 2.15亿 | | 600029 | 南方航空 | 5.73 | 0.70% | 31.48万 | | 1.80亿 ...

证券之星消息，8月4日航空机场板块较上一交易日上涨0.55%，中信海直领涨。当日上证指数报收于 3583.31，上涨0.66%。深证成指报收于11041.56，上涨0.46%。航空机场板块个股涨跌见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 6600000 | 中信海直 | 1.43 Z | 8.70% | -8804.93万 | -5.36% | -5484.46万 | -3.34% | | 601021 | 春秋航空 | 2998.53万 | 14.06% | 983.11万 | 4.61% | -3981.63万 | -18.67% | | 601111 | 中国国航 | 2630.30万 | 6.91% | -231.62万 | -0.61% | -2398.68万 | -6.30% | | 6038882 | 吉祥航空 | 2215.69万 | 11.75% | -2337.93万 | -12. ...

000558 天府文旅 B004 000826 启迪环境 B001 000998 隆平高科 B001 001236 弘业期货 A07 001314 亿道信息 A06 001324 长青科技 A06 002037 保利联合 A06 002198 嘉应制药 A07 002219 新里程 B001 002330 得利斯 B007 002408 齐翔腾达 B003 002424 贵州百灵 A07 002600 领益智造 B007 002629 仁智股份 A07 002634 棒杰股份 A07 002716 湖南白银 A06 002775 文科股份 B004 002799 环球印务 A07 002921 联诚精密 A07 002940 昂利康 B004 002951 金时科技 A06 300691 联合光电 A06 301632 广东建科 A08 600009 上海机场 A08 600031 三一重工 A08 600104 上汽集团 A08 600166 福田汽车 B003 600507 方大特钢 B001 平安基金 B003 融通基金 B007 上银基金 B005 天弘基金 B006 太平基金 B005 信达证券基金 ...

Core Points - The company announced a cash dividend of 0.30 CNY per share for its A shares [1][2] - The dividend distribution plan was approved at the annual general meeting on June 27, 2025 [2] - The total number of shares eligible for the dividend is 2,488,336,989 after excluding shares in the repurchase account [2] Dividend Distribution Details - The cash dividend will be distributed based on the total share capital as of the equity registration date, which is August 7, 2025 [1][2] - The last trading day before the dividend distribution is August 8, 2025, and the dividend payment date is also August 8, 2025 [1][2] - The total cash dividend to be distributed amounts to approximately 746.5 million CNY (746,501,096.70 CNY) [2] Taxation Information - For shareholders holding shares for more than one year, the dividend income is temporarily exempt from individual income tax [3] - For shares held for one month or less, the full dividend income is included in taxable income, resulting in a 20% tax burden [3] - For shares held between one month and one year, only 50% of the dividend income is included in taxable income, leading to a 10% tax burden [3] Payment Process - Cash dividends will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch [2][4] - Shareholders who have not completed designated transactions will have their dividends held until the transaction is completed [2][4] - The actual cash dividend after tax for foreign investors will be 0.27 CNY per share due to a 10% withholding tax [4]

Core Viewpoint - The Shanghai International Airport Co., Ltd. has announced a postponement of its board of directors' re-election due to the incomplete nomination process for new candidates, ensuring continuity in governance [1]. Group 1 - The current term of the ninth board of directors will expire on August 7, 2025 [1]. - The postponement of the board re-election is intended to maintain the continuity of the company's operations [1]. - Current directors and senior management will continue to fulfill their responsibilities and obligations as per the company's articles of association [1]. Group 2 - The company will actively promote the relevant work for the board re-election and fulfill its information disclosure obligations in a timely manner [1].

Core Viewpoint - The legal opinion letter from Shanghai Jintiancheng Law Firm confirms the compliance of Shanghai International Airport Co., Ltd.'s differentiated equity distribution plan for the end of 2024, ensuring that repurchased shares do not participate in profit distribution and that the plan adheres to relevant laws and regulations [1][4][6]. Group 1: Differentiated Equity Distribution - The differentiated equity distribution is based on the company's repurchase of shares, which will not participate in profit distribution, necessitating special treatment for dividend distribution [4][5]. - The proposed cash dividend is 3 yuan per 10 shares (including tax), with no capital reserve conversion to share capital [5][6]. - The total share capital as of December 31, 2024, is 2,488,481,340 shares, with 144,351 shares in the repurchase account excluded from the profit distribution calculation [5][6]. Group 2: Legal Compliance and Verification - The law firm conducted necessary verifications and confirmed that the documents provided by the company are true, accurate, and complete [2][3]. - The legal opinion states that the differentiated equity distribution does not harm the interests of the company or its shareholders and complies with the Company Law, Securities Law, and other relevant regulations [6][8]. - The impact of the differentiated equity distribution on the ex-dividend reference price is minimal, remaining below 1% [6][8].