中国东方航空股份有限公司 China Eastern Airlines Co., Ltd. 证券代码：600115 证券简称：中国东航 公告编号：临 2025-052 中国东方航空股份有限公司 关于召开2025 年第二次临时股东大会的通知 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。 重要内容提示： ? 股东大会召开日期：2025年8月27日 ? 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票系统 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 (四) 现场会议召开的日期、时间和地点 召开的日期时间：2025 年 8 月 27 日北京时间14:00 召开地点：上海市长宁区空港三路 99 号东航大酒店。 会场距离人民广场 15 公里，距离上海虹桥国际机场 2 号航站楼 7 公里，可 乘坐地铁 10 号线至虹桥机场 1 号航站楼站，或驾车至会场（交通路线图请见附 件 3）。 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票 ...

Core Viewpoint - The company is proposing to renew and update several ongoing related transactions and agreements, including financial services, aircraft leasing, and catering services, with a focus on establishing annual caps for these transactions until December 31, 2028 [7][8]. Group 1: Ongoing Related Transactions - The company plans to renew existing agreements that will expire on December 31, 2025, to better manage ongoing related transactions and regulate business relationships with the Eastern Airlines Group [8]. - The proposed agreements include financial services, aircraft and engine leasing, catering and supply services, and property leasing and management services [7][8]. - The company aims to set annual caps for these transactions for the three years ending December 31, 2028 [7][8]. Group 2: Financial Services Agreement - A new financial services agreement will be established with Eastern Airlines Finance Company, effective from January 1, 2026, to December 31, 2028 [11][12]. - The agreement will include deposit services, comprehensive credit services, and other financial services [12]. - The deposit rates will be determined based on market principles and should not be lower than those offered by major commercial banks in China [12] Group 3: Special Shareholders Meeting - A special shareholders meeting will be convened to discuss and approve the proposed ongoing related transactions and the financial services agreement [7][8]. - The meeting is scheduled for August 27, 2025, where independent shareholders will be provided with recommendations from the independent board committee and financial advisors [7][8]. Group 4: Independent Advisory - The independent financial advisor will provide opinions and recommendations regarding the ongoing related transactions to the independent board committee and shareholders [7][8]. - The independent board committee will also issue recommendations to independent shareholders concerning the proposed transactions [7][8].

证券日报网讯 7月31日晚间，中国东航发布公告称，公司董事会2025年第7次会议审议通过了《关于飞 行总队改革方案的议案》等多项议案。 （文章来源：证券日报） ...

证券日报网讯 7月31日晚间，中国东航发布公告称，公司第十届监事会第11次会议审议通过了《关于公 司2024年度工资总额预算执行情况的议案》。 （文章来源：证券日报） ...

证券日报网讯7月31日晚间，中国东航（600115）发布公告称，公司将于2025年8月27日召开2025年第二 次临时股东大会。本次股东大会将审议《关于修订 <公司章程> 的议案》等。 ...

Investment Rating - The report provides an "Increase" rating for the aviation industry, indicating a potential growth of over 15% relative to the CSI 300 index [27]. Core Insights - The aviation industry is experiencing a steady improvement in supply and demand, leading to significant reductions in losses. The summer travel season has shown unexpected weakness in business travel, but the long-term logic of the aviation sector remains intact, with expectations of benefiting from a "reverse internal competition" strategy [2][3]. Summary by Sections Supply and Demand Dynamics - In Q2 2025, domestic supply maintained low growth with 107 new aircraft introduced, resulting in a net increase of only 52 aircraft. The industry’s Available Seat Kilometers (ASK) is estimated to have grown by 6.7% year-on-year [3]. - Domestic demand showed a steady recovery, with domestic passenger traffic increasing by 5.5% in Q2, while the average domestic ticket price (including fuel) remained stable compared to Q1 [3][9]. Financial Performance - The industry significantly reduced losses in Q2, with passenger load factors improving by 1.9 percentage points year-on-year, reaching a historical high for the same period. The average domestic fuel price decreased by 17% year-on-year, contributing to profitability [3][9]. - The report estimates that the industry may achieve profitability in May, with major airlines expected to report substantial reductions in losses for Q2 [3]. Summer Travel Season Insights - The summer travel season has seen a 3% year-on-year increase in passenger traffic, although ticket prices have decreased by 4-5%, which is lower than previous expectations. The supply growth remains limited due to a slight increase in fleet size and strict flight scheduling by the Civil Aviation Administration [3]. - There is a notable increase in leisure travel, particularly among families and young travelers, while business travel has unexpectedly weakened [3]. Long-term Outlook - The report emphasizes that the aviation industry is entering a low-growth supply era, but the medium-term growth trend remains stable. The anticipated policies aimed at reducing excessive low pricing are expected to support profitability recovery [3]. - The report recommends a contrarian investment approach in the aviation sector, highlighting the potential for significant earnings recovery in 2025, with specific recommendations to increase holdings in China National Aviation, Spring Airlines, and others [3][22].

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，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 （在中華人民共和國註冊成立的股份有限公司） （股份代號：00670） 海外監管公告 此海外監管公告是根據香港聯合交易所有限公司證券上市規則第13.10B條作出。 茲載列中國東方航空股份有限公司在上海證券交易所網站刊登的以下資料中文全文，僅供參 閱： 承董事會命 中國東方航空股份有限公司 李干斌 聯席公司秘書 中華人民共和國，上海 2025年7月31日 於本公告日期，本公司董事包括王志清（董事長）、劉鐵祥（副董事長、總經理）、成國偉（董事）、孫錚（獨立非執行 董事）、陸雄文（獨立非執行董事）、羅群（獨立非執行董事）、馮詠儀（獨立非執行董事）、鄭洪峰（獨立非執行董事） 及揭小清（職工董事）。 中国东方航空股份有限公司 China Eastern Airlines Co., Ltd. 证券代码：600115 证券简称：中国东航 公告编号：临 2025-053 中国东方航空股份有限公司 董事会 2025 年第 ...

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，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 （在中華人民共和國註冊成立的股份有限公司） （股份代號：00670） 海外監管公告 此海外監管公告是根據香港聯合交易所有限公司證券上市規則第13.10B條作出。 茲載列中國東方航空股份有限公司在上海證券交易所網站刊登的以下資料中文全文，僅供參 閱： 承董事會命 中國東方航空股份有限公司 中国东方航空股份有限公司（以下简称"公司"）第十届监事会第 11 次会 议，经监事会主席郭俊秀召集，于 2025 年 7 月 31 日以通讯方式召开。 参加会议的监事确认会前均已收到本次监事会会议通知。本次会议的召开符 合《公司法》和《公司章程》等有关规定，参加本次会议的监事已达法定人数， 会议合法有效。 李干斌 聯席公司秘書 中華人民共和國，上海 2025年7月31日 於本公告日期，本公司董事包括王志清（董事長）、劉鐵祥（副董事長、總經理）、成國偉（董事）、孫錚（獨立非執行 董事）、陸雄文（獨立非執行董事）、羅群（獨立 ...

Core Viewpoint - The Jiangxi Civil Aviation Regulatory Bureau held a coordination meeting to enhance air-ground collaboration, focusing on problem orientation and collaborative efficiency to improve operational safety and efficiency in the aviation sector [1][2]. Group 1: Meeting Overview - The meeting included representatives from various aviation entities in Jiangxi, such as Jiangxi Airlines and Eastern Airlines Jiangxi Branch, to address operational pain points and promote proactive risk assessment [1]. - A review of the completion status of four key supervisory items from the 2024 air-ground coordination meeting was conducted [1]. Group 2: Key Discussions and Outcomes - Employees discussed high-frequency issues such as runway safety, operational efficiency, safety standards, and equipment upgrades, resulting in 14 collected opinions, with 6 immediate improvements made [1]. - The remaining issues were incorporated into a closed-loop management system categorized by "problem-measure-responsibility-timeline" [1]. Group 3: Future Directions - The regulatory bureau emphasized the need for a "problem-oriented upgrade" and a "collaborative efficiency upgrade," focusing on risk prediction and enhancing passenger service and operational efficiency [2]. - The air-ground coordination meeting has become a regular platform for collaboration among air-ground units, with plans to solidify meeting outcomes and ensure actionable implementation of suggestions [2].

2025 年第二次股東特別大會 簽署： 日期： 年 月 日 附註： （在中華人民共和國註冊成立的股份有限公司） （股份代號：00670） 回 執 致：中國東方航空股份有限公司（「公司」） 本人╱吾等擬親自╱委託代理人出席公司於2025年8月27日（星期三）下午2時在中國上海市長寧區空港三路99號東 航大酒店舉行的2025年第二次股東特別大會。 姓名 H股持股量 身份證╱護照號碼 股東賬號 通訊地址 聯繫電話 此回執可採用來函（郵政編號：201100）或傳真（傳真號碼：+86 21 62686116）方式送達公司。 1. 請用正楷書寫中英文全名（股東名冊的登記名字）。 2. 請附上載有 閣下名字及相片的身份證╱護照相關頁數的複印本。 3. 請附上持股證明文件的複印本。 4. 對「親自╱委託代理人」及「身份證╱護照號碼」須作出選擇的欄目，請劃去不適用者。 5. 此回執在填妥及簽署後須於2025年8月22日（星期五）至2025年8月26日（星期二）（以郵寄方式或傳真方式）送交中國上海市 閔行區虹翔三路36號東航之家北區A2棟5樓中國東方航空股份有限公司董事會辦公室的辦公地址，並註明董事會辦公室收。 ...