上海国际机场股份有限公司 第九届董事会第三十次会议决议公告 一、董事会会议召开情况 （一）本次会议的召开符合有关法律、行政法规、部门规章、规 范性文件和《公司章程》的规定。 （二）公司于 2026 年 2 月 5 日以书面方式向全体董事发出召开 本次会议的通知。 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。 证券代码：600009 证券简称：上海机场 公告编号：临 2026-003 （三）公司于 2026 年 2 月 10 日采取"通讯表决"方式召开本次 会议。 （四）公司全体董事进行了议案表决。 二、董事会会议审议情况 会议审议并一致通过了如下决议： 1、关于推荐公司参股公司董事人选的议案 表决结果：同意 7 票，反对 0 票，弃权 0 票 1 2、关于与机场集团签署浦东机场 T3 航站楼北旅客过夜用房租赁 合同的议案 为助力浦东机场打造全方位门户复合型国际航空枢纽，进一步提 升其设施保障能力和服务水平，以便开展项目后续管理运营筹备工作， 公司决定与机场集团签订《浦东机场 T3 航站楼北旅客过夜用房租赁 合同》，向其租赁 ...

Group 1 - Shanghai Airport (600009.SH) has signed a lease agreement with the airport group for the rental of the North Overnight Accommodation at Pudong Airport T3 terminal, with a total lease amount of approximately 585 million yuan (excluding tax) [1] - The leased assets are expected to be completed by July 2027 and are projected to be operational in 2028, covering an area of 6,463 square meters with a total building area of 49,405 square meters and an estimated 446 guest rooms [1] - The ownership of the leased assets is clear, with no mortgages, pledges, or other transfer restrictions, and there are no ongoing litigation or judicial measures affecting the transfer of ownership [1] Group 2 - The North Overnight Accommodation project at Pudong Airport T3 is part of Shanghai's strategy to build a world-class aviation hub, located conveniently at the north side of the T3 international main terminal [2] - The project aims to enhance the accommodation experience for travelers and improve the airport service chain, contributing to Shanghai's goal of becoming the top destination for inbound tourism in China [2]

Core Viewpoint - Shanghai Airport (600009) has announced a leasing agreement with Shanghai Airport (Group) Co., Ltd. for the rental of assets related to the Pudong Airport Terminal 3 North passenger overnight accommodation, with a total lease amount of approximately 585 million yuan (excluding tax) [1] Group 1 - The company will lease the Pudong Airport Phase IV hotel and related assets [1] - The total lease amount is approximately 585 million yuan, which is a significant financial commitment [1] - This transaction is classified as a related party transaction and does not constitute a major asset restructuring, thus does not require shareholder meeting approval [1]

Group 1 - Shanghai Airport (600009.SH) has signed a lease agreement with the airport group for the rental of overnight accommodation facilities at Pudong Airport, with a total lease amount of approximately 585 million yuan (excluding tax) [1] - The leased assets include the northern overnight accommodation area of Terminal 3 at Pudong Airport, covering an area of 6,463 square meters, with a total construction area of 49,405 square meters and an expected 446 guest rooms [1] - The project is expected to be completed by July 2027 and to commence operations in 2028, with clear property rights and no existing legal encumbrances [1] Group 2 - The overnight accommodation project at Pudong Airport is part of Shanghai's strategy to build a world-class aviation hub, located conveniently at the northern side of the T3 international terminal [2] - The implementation of this project aims to enhance the accommodation experience for travelers and improve the overall service chain for airport travel, contributing to Shanghai's goal of becoming China's top inbound tourism destination [2]

Core Viewpoint - The company has approved a leasing agreement with its controlling shareholder for the rental of assets related to the new terminal at Pudong Airport, indicating a strategic move to enhance operational capacity and service offerings [1] Group 1: Leasing Agreement Details - The company will sign a lease contract for the North Passenger Overnight Accommodation at Pudong Airport's T3 terminal with its controlling shareholder, Airport Group [1] - The total leasing amount is approximately 585 million yuan (excluding tax) [1] - The project is expected to be completed by July 2027 and operational by 2028, with a lease term of 20 years [1] Group 2: Related Transactions - In the past 12 months, the company has conducted two transactions with the same related party, totaling 657 million yuan [1] - This transaction is classified as a related party transaction but does not constitute a major asset reorganization and does not require shareholder approval [1]

Investment Rating - The report maintains an "Overweight" rating for the transportation industry [2] Core Insights - The aviation sector is expected to benefit from the Spring Festival travel peak, leading to a positive outlook for airline stocks. The report highlights a significant increase in flight operations and passenger volumes during this period, indicating a recovery in demand [4][6] - The report emphasizes the potential for oil transportation to rise, driven by geopolitical factors and structural demand growth, suggesting a favorable investment environment in the shipping sector [6][7] Summary by Sections Investment Highlights - The report identifies key investment opportunities in the aviation sector, particularly focusing on major airlines and low-cost carriers that are expected to benefit from rising ticket prices and improved operational performance [4][6] - It also highlights the logistics and express delivery sectors, noting the positive earnings forecast for companies like SF Express, which is capitalizing on the growth of instant delivery services [6] Aviation Data Tracking - Daily flight operations from February 2 to February 6 showed significant increases for major airlines, with Eastern Airlines and Southern Airlines leading the growth [4] - The average aircraft utilization rates also improved, indicating a recovery in operational efficiency across the sector [4] Shipping Data Tracking - The report tracks various shipping indices, noting a mixed performance in container shipping but a positive trend in oil transportation indices, suggesting a potential upturn in the oil shipping market [6][7] - The report recommends focusing on companies in the oil shipping sector due to limited supply and structural demand growth [6][7] Logistics Data Tracking - The report provides data on logistics performance, indicating a substantial increase in express delivery volumes, which is expected to continue benefiting from the growth in e-commerce and instant delivery services [6] - It highlights the importance of addressing industry challenges such as competition and regulatory changes to maintain profitability [6] Company Performance Tracking - The report includes performance metrics for key companies in the aviation and logistics sectors, showcasing their earnings forecasts and operational improvements [4][6] - It emphasizes the strategic positioning of companies like Spring Airlines and China Eastern Airlines, which are expected to leverage their market positions for growth [4][6]

Group 1 - The 2026 F1 Chinese Grand Prix is scheduled to take place from March 13 to 15 at the Shanghai International Circuit [1] - The first batch of 32 air cargo containers, totaling 67.8 tons of event materials, arrived in Shanghai via Qatar Airways flight QR8962 [1] - The Shanghai airport's ground services and cargo handling companies efficiently managed the logistics to ensure timely delivery of materials to the racetrack [1] Group 2 - Due to recent cold wave weather, there are many precision equipment and racing components that require careful handling during loading and transportation [2] - The airport's cargo handling team coordinated with customs, airlines, and freight forwarders to develop a comprehensive support plan, deploying experienced personnel for the operation [2] - A green channel was established for the event materials, providing expedited services for inspection and transfer, minimizing the time goods spent outdoors in cold conditions [2]

Group 1 - The core point of the article is the announcement of the T2 International Transfer International Supporting Service Area Renovation Project by Shanghai International Airport Co., Ltd. on February 5 [1] - Shanghai International Airport Co., Ltd. has invested in 19 enterprises and participated in 8,121 bidding projects [1] - The company holds 11 trademark registrations, 25 patents, and 5 copyrights, along with 163 administrative licenses [1] Group 2 - The procurement for the renovation project was awarded to Shanghai Zhuobiao Construction Development Co., Ltd. [2] - The winning bid amount for the project is 374,524.26 [2] - The project is located in Shanghai [2]

Group 1 - The aviation and airport sector experienced a significant increase of 5.9% on February 4, with Huaxia Airlines leading the gains [1] - The Shanghai Composite Index closed at 4102.2, up 0.85%, while the Shenzhen Component Index closed at 14156.27, up 0.21% [1] - Key stocks in the aviation sector showed notable price increases, with Huaxia Airlines rising by 10.02% to a closing price of 11.53, and China Eastern Airlines increasing by 9.98% to 6.28 [1] Group 2 - The net inflow of main funds in the aviation and airport sector was 796 million yuan, while retail funds saw a net outflow of 396 million yuan [1] - Major stocks like Hainan Airlines and China Eastern Airlines had varying levels of net fund inflow and outflow, with Hainan Airlines seeing a net inflow of 336 million yuan from main funds [2] - Retail investors showed a negative trend, with significant outflows from stocks such as China Eastern Airlines and China Southern Airlines, indicating a cautious sentiment among smaller investors [2]

Core Viewpoint - The tourism sector is experiencing a significant influx of capital, driven by strong market confidence in service consumption recovery, particularly as the 2026 Spring Festival approaches [1][2]. Group 1: Market Performance - As of February 3, 2026, the total shares of the FuGuo Fund's tourism ETF (159766) reached 1,073,364.09 million, surpassing the 10 billion shares mark, indicating high market recognition for the tourism sector [1]. - The tourism ETF's growth began in late November 2025, expanding from 4.07 billion shares on November 21 to over 10 billion shares within 45 trading days, with the fund size increasing from 3.06 billion yuan to 8.59 billion yuan [1]. - The ETF has seen continuous net inflows exceeding 2.6 billion yuan over the past 20 trading days, reflecting strong investment interest [1]. Group 2: Policy and Seasonal Effects - The surge in tourism ETF investment is supported by favorable policies and the seasonal effects of the Spring Festival, with multiple departments introducing measures to boost consumer spending in the service sector [1]. - The commencement of the Spring Festival travel rush has led to increased passenger flow across railways, civil aviation, and highways, further catalyzing the tourism sector [1]. Group 3: Sector Fundamentals - The tourism sector is characterized by both short-term explosive potential and long-term certainty, with significant capital inflows reflecting strong market confidence in the recovery of service consumption [2]. - Key performance indicators such as the recovery of airline capacity, increased hotel occupancy rates, and surging visitor numbers at tourist attractions provide solid support for the sector's performance [2]. - The FuGuo Fund's tourism ETF closely tracks the CSI Tourism Theme Index, which includes leading companies across various segments of the tourism industry, ensuring comprehensive coverage of the tourism value chain [2].