证券代码：600029 证券简称：南方航空 公告编号：临 2026-002 中国南方航空股份有限公司 2025 年 12 月主要运营数据公告 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。 2025年12月，本集团引进8架飞机（包含3架A320NEO飞机、 3架A321NEO飞机、1架B737-8飞机和1架C919飞机），退出2架 飞机（包含1架A321飞机和1架B737-700飞机）。截至2025年12 月底，本集团合计运营972架运输飞机，具体保有情况如下： | 机型 | 自行保有 | 融资租赁 | 经营租赁 | 小计 | | --- | --- | --- | --- | --- | | 空客 350 系列 | 6 | 14 | 0 | 20 | | 空客 330 系列 | 10 | 15 | 0 | 25 | | 空客 320 系列 | 152 | 110 | 146 | 408 | | 波音 787 系列 | 13 | 20 | 10 | 43 | | 波音 777 系列 | 19 | 15 | 0 | 34 | ...

Group 1 - The core viewpoint of the articles highlights the operational performance and fleet updates of China Southern Airlines for December 2025, indicating growth in passenger and cargo metrics [1][2] Group 2 - In December 2025, passenger capacity (measured in available seat kilometers) increased by 11.89% year-on-year, with domestic, regional, and international segments rising by 6.81%, 2.80%, and 25.76% respectively [1] - Passenger turnover (measured in revenue passenger kilometers) rose by 11.20% year-on-year, with domestic, regional, and international increases of 6.88%, 5.72%, and 22.77% respectively [1] - The passenger load factor was 84.05%, a decrease of 0.53 percentage points year-on-year, with domestic and regional load factors increasing by 0.05 and 2.16 percentage points, while international load factor decreased by 2.03 percentage points [1] - Cargo capacity (measured in available ton kilometers) increased by 19.28% year-on-year, and cargo turnover (measured in revenue ton kilometers) rose by 10.86% year-on-year [1] - The cargo load factor was 51.95%, a decrease of 3.95 percentage points year-on-year [1] - New major routes introduced include Guangzhou-Jiaxing-Guangzhou (seven flights per week), Guangzhou-Darwin-Guangzhou (three flights per week), and Guangzhou-Madrid-Guangzhou (three flights per week) [1] Group 3 - The company introduced 8 new aircraft in December 2025, including 3 A320NEO, 3 A321NEO, 1 B737-8, and 1 C919, while retiring 2 aircraft, comprising 1 A321 and 1 B737-700 [2] - As of the end of December 2025, the total operational fleet consisted of 972 aircraft [2]

Group 1 - The core viewpoint of the articles highlights the operational performance and capacity growth of China Southern Airlines in December 2025, with significant increases in passenger and cargo metrics [1][2] Group 2 - Passenger capacity (measured in available seat kilometers) increased by 11.89% year-on-year, with domestic, regional, and international segments rising by 6.81%, 2.80%, and 25.76% respectively [1] - Passenger turnover (measured in revenue passenger kilometers) rose by 11.20% year-on-year, with domestic, regional, and international segments increasing by 6.88%, 5.72%, and 22.77% respectively [1] - The passenger load factor was 84.05%, a decrease of 0.53 percentage points year-on-year, with domestic and regional load factors increasing by 0.05 and 2.16 percentage points, while international load factor decreased by 2.03 percentage points [1] - Cargo capacity (measured in available ton kilometers) increased by 19.28% year-on-year, and cargo turnover (measured in revenue ton kilometers) rose by 10.86% year-on-year [1] - The cargo load factor was 51.95%, a decrease of 3.95 percentage points year-on-year [1] - New major routes introduced include Guangzhou-Jiaxing-Guangzhou (seven flights per week), Guangzhou-Darwin-Guangzhou (three flights per week), and Guangzhou-Madrid-Guangzhou (three flights per week) [1] Group 3 - The company introduced 8 new aircraft, including 3 A320NEO, 3 A321NEO, 1 B737-8, and 1 C919, while retiring 2 aircraft, comprising 1 A321 and 1 B737-700 [2] - As of the end of December 2025, the total operational fleet consisted of 972 aircraft [2]

Group 1 - The core point of the article is that China Southern Airlines (600029) announced an increase in passenger capacity and turnover for 2025, while the passenger load factor experienced a slight decline [1] Group 2 - The group's passenger capacity input is expected to rise by 11.89% year-on-year [1] - The passenger turnover volume is projected to increase by 11.2% year-on-year [1] - The passenger load factor stands at 84.05%, reflecting a year-on-year decrease of 0.53 percentage points [1]

南方航空公告，2025年12月，中国南方航空股份有限公司及所属子公司客运运力投入（按可利用座公里 计）同比上升11.89%，其中国内、地区和国际分别同比上升6.81%、2.80%和25.76%；旅客周转量（按 收入客公里计）同比上升11.20%，其中国内、地区和国际分别同比上升6.88%、5.72%和22.77%；客座 率为84.05%，同比下降0.53个百分点，其中国内和地区分别同比上升0.05和2.16个百分点，国际同比下 降2.03个百分点。 ...

Core Viewpoint - The aviation and airport sector experienced a slight decline of 0.29% on January 15, with Xiamen Airport leading the drop. The Shanghai Composite Index closed at 4112.6, down 0.33%, while the Shenzhen Component Index rose by 0.41% to 14306.73 [1]. Group 1: Stock Performance - Xiamen Airport (600897) closed at 16.80, down 1.52% with a trading volume of 55,900 shares and a transaction value of 94.38 million [2]. - Huaxia Airlines (002928) saw a gain of 1.71%, closing at 10.68 with a trading volume of 184,300 shares and a transaction value of 197 million [1]. - China Eastern Airlines (600115) closed at 5.83, down 0.34% with a trading volume of 890,800 shares and a transaction value of 523 million [2]. Group 2: Capital Flow - The aviation and airport sector had a net inflow of 3.57 million from institutional investors, while retail investors saw a net outflow of 73.65 million [2]. - Spring Airlines (601021) had a net inflow of 27.87 million from institutional investors, representing 9.46% of its total trading [3]. - Xiamen Airport (600897) experienced a significant net outflow of 21.86 million from institutional investors, accounting for -23.17% of its total trading [3].

Core Viewpoint - The State-owned Assets Supervision and Administration Commission (SASAC) has disclosed the 2024 salary information of over 80 central enterprise leaders, emphasizing the importance of transparency in key areas and responding to public concerns [1] Group 1: Salary Disclosure - The salary information for the leaders of China Petroleum and Chemical Corporation (Sinopec) has been disclosed, including details such as position, tenure, and total pre-tax remuneration [2][3] - The disclosed salaries include various components such as social insurance, corporate annuities, supplementary medical insurance, and housing provident fund contributions [4] - The total pre-tax salary for Sinopec's Chairman, Ma Yongsheng, is reported at 935,500 RMB, with additional income from allowances [3] Group 2: Other Central Enterprises - The salary information for China Southern Power Grid and China Southern Airlines has also been disclosed, with specific figures for each leader's pre-tax remuneration [5][6][7] - For China Southern Power Grid, the Chairman Meng Zhenping's salary is reported at 958,300 RMB, while other executives have varying salaries based on their roles and tenures [5] - In China Southern Airlines, the Chairman Ma Xulun's salary is reported at 850,500 RMB, with other executives receiving salaries in a similar range [6][7] Group 3: Additional Notes - The disclosed salaries represent the total pre-tax remuneration for the reporting period and do not include performance bonuses from previous years [3][5][6]

1月14日，国务院国资委网站通过提供各中央企业薪酬信息披露网页链接的方式，披露了所监管的80多家央企负责人2024年度薪酬信息。这是国资央企 持续抓好重点领域信息公开、回应公众关心关切的重要举措。 中国石油化工集团有限公司负责人2024年度薪酬情况 根据党中央、国务院深化国有企业负责人薪酬制度改革有关要求和国务院国资委相关规定，现将中国石油化工集团有限公司负责人2024年度薪 酬情况披露如下。 以下为部分央企负责人2024年度薪酬信息： 1.上表披露薪酬为公司负责人报告期内全部应发税前薪酬（不含发放的以往年度绩效年薪）。 2.本次披露薪酬按照国务院国资委经营业绩考核年度口径统计。 中国南方电网有限责任公司企业负责人2024年度薪酬情况 信息来源: 发布时间2026-01-07 | | | | | 2024年度从本公司获得的税前报酬情况 | | | 单位:人民币万元 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 社会保险、企 | | 是否在股 东单位或 | 在关联方 | | 姓名 | 职务 | 任职起止时间 | | 业年金、补充 | ...

Group 1 - The global interest rate cut cycle is entering its second half in 2026, characterized by "internal and external easing resonance" and a shift from "extraordinary to normal" [3][4][5] - The macro liquidity environment remains favorable, with the People's Bank of China expected to maintain a moderately loose monetary policy, focusing on stabilizing economic growth and reasonable price recovery [7][59] - The depreciation of the US dollar is anticipated due to continued interest rate cuts by the Federal Reserve and worsening fiscal conditions, which will support the appreciation of the RMB and strengthen the A-share market [8][62][63] Group 2 - The long-term low interest rate environment is reshaping the stock-bond allocation logic, with a shift towards equity markets as the attractiveness of fixed income products continues to rise [13][16][44] - The "stock-bond seesaw" effect is expected to further support the A-share market, as funds flow into equities amid a low interest rate environment [14][17][44] - The demand for "deposit migration" from residents is projected to become the largest marginal increment for the market, as a significant amount of fixed-term deposits mature in 2026 [19][20][44] Group 3 - The capital market's status is significantly upgraded in the post-real estate era, becoming a core hub for economic development and resource allocation [22][47] - Policies are being implemented to enhance shareholder returns, with a focus on increasing dividend payouts and improving profit quality, which is becoming a trend in the market [32][33][56] - The overall funding ecology is improving, with a transition from a "financing-oriented" approach to a "balanced investment and financing" model, enhancing market attractiveness and stability [32][47][56]

精训严考筑牢安全屏障，推动全员能力系统升级。空保管理部将以三大方案为抓手，细化教学训练计 划，完善考核评价体系，构建全周期、多层次的训考机制。通过常态化教学复盘、动态化考核调整，持 续优化教学内容与方法，确保日常训练始终贴合实战需求。全体教员以此次会议为契机，牢记职责使 命，聚焦教学能力提升，全力推动空保队伍向"实战化、专业化、精细化"迈进，为筑牢南航新疆区域空 防安全防线、保障旅客出行安全贡献坚实力量。 （本文图片均由南航新疆分公司提供） 会后，全体教员纷纷表示，将以更高标准要求自己，深耕教学、精研训练，切实提升教学水平与训练质 效，为打造一支能打胜仗的空保铁军而不懈努力。（编辑：李佳洹 校对：许浩存 审核：韩磊） 《中国民航报》、中国民航网 记者田以丹 通讯员黄浩、王剑、姜波 报道：1月12日，南航新疆分公司 空保管理部召开2026年教员首次专项工作会议，全体教员齐聚一堂，聚焦三大核心方案，以"实战导 向、精准施训、从严考核"为原则，全面部署年度教学训练与考核工作，为提升航空安全员教员教学水 平、强化日常训练质效筑牢根基，推动空防安全防线向纵深延伸。 压实教员责任链条，激活队伍建设核心引擎。教员是空保队伍 ...