临时公告 证券代码：600221 、900945 证券简称：海航控股 、海控 B 股 公告编号：2025-042 海南航空控股股份有限公司 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 一、 会议召开和出席情况 临时公告 (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。 本次股东大会由公司董事会召集，董事长祝涛先生主持。会议采用现场投票 和网络投票相结合的表决方式进行表决。会议的召开和表决符合《公司法》和《公 司章程》的规定，会议合法有效。 (五) 公司董事、监事和董事会秘书的出席情况 1、公司在任董事12人，出席5人，董事丁拥政先生、吴锋先生、邱亚鹏先生、丁 国清先生、田海先生、陈垚先生、欧哲伟先生因其他公务未能出席本次会议； 二、 议案审议情况 (一) 非累积投票议案 | 1、出席会议的股东和代理人人数 | 3,738 | | --- | --- | | 其中：A 股股东人数 | 3,733 | | 境内上市外资股股东人数 ...

关于海南航空控股股份有限公司 2024 年年度股东大会的 法律意见 北京德恒律师事务所 北京市西城区金融街 19 号富凯大厦 B 座 12 层 电话:010-52682888 传真:010-52682999 邮编:100033 北京德恒律师事务所 关于海南航空控股股份有限公司 2024 年年度股东大会的法律意见 北京德恒律师事务所 关于海南航空控股股份有限公司 2024 年年度股东大会的 法律意见 德恒 01G20240517-7 号 致：海南航空控股股份有限公司 海南航空控股股份有限公司（以下简称"公司"）2024 年年度股东大会（以 下简称"本次会议"）于 2025 年 5 月 21 日（星期三）召开。北京德恒律师事务 所（以下简称"德恒"）受公司委托，指派律师（以下简称"德恒律师"）出席 了本次会议。根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《证券法》"）、中国证券监督管理委员会 《上市公司股东会规则》（以下简称"《股东会规则》"）、《海南航空控股股 份有限公司章程》（以下简称"《公司章程》"）的规定，德恒律师就本次会议 的召集、召开程序、现场出席会议 ...

Investment Rating - The investment rating for the airline transportation industry is "Positive" [2][4]. Core Viewpoints - The report highlights a significant narrowing of the year-on-year decline in ticket prices, with expectations for continued recovery in ticket prices during the peak travel season due to strong demand [3][5]. - The report suggests focusing on key airlines such as Air China, China Southern Airlines, Spring Airlines, Juneyao Airlines, and China Eastern Airlines as potential investment opportunities [3][4]. Summary by Sections 1. Investment Recommendations - The report indicates that the passenger load factor remains high, with strong travel demand during the May Day holiday, leading to a noticeable reduction in the year-on-year decline in ticket prices [3][4]. 2. Industry Ticket Price Trends - The year-on-year decline in industry ticket prices has significantly narrowed, with ticket prices in May showing a decline of only 3.0% compared to the previous year [5][27]. - The average domestic ticket price from the beginning of 2025 until May 18 is 847 yuan, reflecting a 10.0% year-on-year decrease [5][27]. 3. Supply and Demand Dynamics - The supply side is affected by fleet issues, with potential delays in aircraft introductions due to supply chain problems and limited short-term improvements in utilization rates due to engine maintenance [3][4]. - The demand side shows sustained growth in travel demand during peak seasons, with expectations for improved supply-demand dynamics and a potential rise in ticket prices [3][4]. 4. Operational Performance of Airlines - In April 2025, domestic airlines experienced a year-on-year increase in capacity and turnover, with passenger load factors exceeding levels from 2019 [47][49]. - The report notes that China Southern Airlines had the highest net increase in aircraft in April, adding five aircraft to its fleet [47][48]. 5. Fuel Price Trends - The average price of aviation fuel has shown a continuous year-on-year decline, with May's average price at 5,385 yuan per ton, down 19.0% from the previous year [41][41]. - Brent crude oil prices have also decreased, with a year-on-year decline of 23.6% as of May 16, 2025 [41][41]. 6. Exchange Rate Stability - The exchange rate has remained stable, with the USD to RMB exchange rate at 7.1916 as of May 19, 2025, reflecting a slight increase of 0.04% from the end of 2024 [41][41].

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 5 月 19 日，海南航空控股股份有限公司（以下简称"公司"）第十届董 事会第四十次会议以通讯方式召开，应参会董事 12 名，实际参会董事 12 名，符合《公 司法》和《公司章程》的有关规定。会议审议并通过《关于聘任李都都先生为公司财 务总监的议案》。 公司董事会同意聘任李都都先生为公司财务总监，任期与公司第十届董事会任期 一致，自本次董事会批准之日起生效。因工作调整原因，陈垚先生不再担任公司财务 总监职务。 临时公告 证券代码：600221、900945 证券简称：海航控股、海控 B 股 编号：临 2025-041 海南航空控股股份有限公司 第十届董事会第四十次会议决议公告 董事会表决结果：赞成 12 票，反对 0 票，弃权 0 票。 特此公告。 海南航空控股股份有限公司 董事会 临时公告 附件：李都都先生简历 李都都，男，1981 年 11 月出生，籍贯陕西，中共党员，毕业于西安交通大学会 计学专业，本科学历。2004 年参加工作，历任海航航空管理服务有限公司财 ...

Core Viewpoint - HNA Group's stock closed at 1.35 yuan on May 16, 2025, with a decrease of 0.74% and a trading volume of 2.3393 million shares, amounting to a turnover of 316 million yuan [1] Trading Information Summary - On May 16, 2025, the net outflow of main funds from HNA Group was 13.1207 million yuan, while speculative funds and retail investors saw net inflows of 5.2113 million yuan and 7.9093 million yuan, respectively [2][5] Company Announcement Summary - In April 2025, HNA Group and its subsidiaries reported a year-on-year increase in Revenue Passenger Kilometers (RPK) of 10.33%, with domestic growth of 0.94%, regional growth of 90.15%, and international growth of 64.46% [3] - Revenue Ton Kilometers (RTK) also saw a total increase of 14.15%, with domestic growth of 1.84%, regional growth of 83.47%, and international growth of 64.22% [3] - The number of passengers carried increased by 4.71% year-on-year, with domestic growth of 1.95%, regional growth of 71.26%, and international growth of 65.45% [3] - Cargo and mail volume increased by 23.20%, with domestic growth of 15.03%, regional decline of 3.88%, and international growth of 56.14% [3] - The company introduced one A321 aircraft and retired several others, maintaining a total of 347 aircraft in operation as of the end of April [3] - New international routes include Haikou to Osaka (three flights per week), Beijing to Tel Aviv (two flights per week), and Chongqing to Bangkok (three flights per week) [4] - HNA Group announced a guarantee for its subsidiary, Yunnan Xiangpeng Airlines, providing up to 150 million yuan and 60 million USD in joint liability guarantees, with a total guarantee balance of 2.072 billion yuan as of the announcement date [4][5]

【文/观察者网 王勇 编辑/赵乾坤】 据民航局日前发布的数据，截至目前，中外航司执行国际客运航班周均达6428班，比去年同期增长 25.4%。其中中方航司执飞4470班，比去年同期增长31.4%；外方航司执飞1958班，比去年同期增长 13.6%。 中国东方航空航班《旅行与旅游世界》 数据显示，我国与共建"一带一路"国家间航班量份额稳步提高，目前航班量占比达到约72%。此外，今 年以来，我国国际航线网络不断完善，通航国家数量达到79个，国际航班通达性进一步提升。 随着我国国际航线网络不断拓展，"五一"假期期间，入境游客达111.5万人次，同比增长43.1%。今年以 来国际航线数量一路上涨，前4个月新增5个通航国家，79个国家的"国际特种兵"可以直接"空降"中国。 据国际旅游行业媒体《旅行与旅游世界》5月14日报道，中国东方航空今夏将强势拓展国际航线版图， 新开六条横跨欧亚大陆的空中通道，其中包括伊斯坦布尔、巴黎和阿拉木图三大全新航点。这一战略布 局将显著增强中国与欧洲、中亚核心城市间的航空联通性。 美国《航空周刊》日前报道称，中国东方航空公司正在深化其在欧洲和中亚的空中交通网络，该航司将 于 6 月 30 日 ...

Core Viewpoint - Hainan Airlines Holdings reported a revenue of 65.236 billion yuan for 2024, marking an 11.25% year-on-year increase, but incurred a net loss of 0.921 billion yuan [1][4] Group 1: Financial Performance - In 2024, the company achieved a total turnover of 1,239,622 million ton-kilometers and transported 68.03 million passengers [1] - The total assets of the company reached 141.707 billion yuan, with total liabilities of 140.166 billion yuan, resulting in a debt-to-asset ratio of 98.91% [1] - The company did not distribute profits in 2024 and reported an unallocated loss of 77.367 billion yuan, exceeding one-third of the paid-in capital [1] Group 2: Operational Data - In April 2025, the company saw a 65.45% year-on-year increase in international passenger transport volume [2][4] - The company introduced one A321 aircraft while retiring several others, maintaining a total of 347 operational aircraft by the end of April 2025 [2] - The passenger capacity input increased by 10.32% year-on-year, with a corresponding 10.33% increase in revenue passenger kilometers [2] Group 3: Corporate Actions - The company plans to apply for a new comprehensive credit limit of up to 12 billion yuan from financial institutions for 2025 [1] - Hainan Airlines approved a mutual guarantee limit of 15.8 billion yuan for its subsidiaries in 2025 [3] - The company provided guarantees of up to 1.5 billion yuan and 60 million USD for its subsidiary, Xiangpeng Airlines [3][4]

Investment Rating - The industry investment rating is "Positive" [4] Core Insights - The domestic airline industry has shown a significant improvement in passenger load factors during the off-peak season, with a year-on-year increase of approximately 3.2% in April [2][28] - Spring Airlines has notably increased its capacity for domestic routes, with a year-on-year growth of 11.2% in April, indicating a strategic shift in focus towards domestic operations [2][20] - The overall capacity for domestic routes increased by 2.3% year-on-year, while international routes saw a substantial capacity increase of 26.5% year-on-year, primarily due to a low base from the previous year [3][50] Summary by Sections Domestic Routes - In April, the overall capacity for domestic routes among listed airlines remained stable compared to March, with a year-on-year increase of 2.3% [12][17] - Major airlines showed little change in capacity, but Spring Airlines significantly increased its domestic capacity, while Juneyao Airlines reduced its domestic capacity by 10.3% due to a shift towards international routes [2][13] - The overall passenger load factor for domestic routes improved by 0.8 percentage points month-on-month and by approximately 3.2 percentage points year-on-year, indicating a better supply-demand relationship [28][35] International Routes - The capacity for international routes increased by about 26.5% year-on-year in April, with a month-on-month increase of 3.6% [3][50] - The passenger load factor for international routes improved by 1.4 percentage points month-on-month and by 1.0 percentage point year-on-year, slightly exceeding expectations [3][50] - The report maintains a cautious outlook for international routes, anticipating continued pressure due to supply constraints from domestic route management [3][50] Airport Throughput - Major airports reported significant year-on-year increases in international passenger throughput, with Shanghai and Shenzhen airports showing growth rates of 24% and 38%, respectively [58][63] - Compared to 2019, international throughput at these airports has also shown recovery, with Shenzhen airport achieving 120% of its 2019 levels [58][63]

Group 1 - Lingyun Optics' actual controller promises not to reduce shareholdings for 12 months starting from July 7, 2025 [1] - Chengdi Xiangjiang's subsidiary signed a contract with China Mobile for a data center project worth 1.632 billion yuan, with a 92-day construction period starting April 30, 2025 [1] - Dingyang Technology launched a high-end arbitrary waveform generator with a maximum output frequency of 5 GHz, catering to communication, industrial, and research testing needs [2][3] Group 2 - Heng Rui Medicine completed a share repurchase plan, buying back 12.9051 million shares for 601 million yuan, representing 0.20% of total shares [4][5] - ST Xiangxue received approval for clinical trials of TAEST1901 injection for treating advanced gastric cancer [5] - Yuyue Medical's subsidiary received EU MDR certification for its AED product, valid until May 11, 2030 [6][7] Group 3 - HNA Holding reported a 10.33% year-on-year increase in passenger revenue kilometers for April [8] - Springhui Zhikong's subsidiary terminated its listing on the National Equities Exchange and Quotations [9] - Delin Hai's shareholder plans to reduce holdings by up to 3%, equating to 3.39 million shares [10] Group 4 - Weiye Co. announced that two shareholders plan to reduce their holdings by up to 2% [12] - Green Alliance Technology's major shareholder intends to reduce holdings by up to 3% [14] - Luzhou Development Group increased its stake in Luzhou Tianhua by 1.02%, acquiring 15.9557 million shares [16] Group 5 - Hualan Pharmaceutical's subsidiary plans to acquire a 42.82% stake in Sanjing Qianhe for 23.446 million yuan [17] - Ganfeng Lithium's directors and executives plan to invest 30.8 million yuan in Shenzhen Yichu [19] - Zhonghong Medical's subsidiary is expected to be selected for a centralized procurement project [20] Group 6 - Jinkai Biotechnology's Blue Zone Fund plans to reduce holdings by up to 3% [21] - Hangxin Technology's former controlling shareholder intends to reduce holdings by up to 3% [22] - Galaxy Magnet's director plans to reduce holdings by up to 0.79% [23] Group 7 - Zhuoyue Technology's controlling shareholder's shares will be auctioned due to judicial proceedings [24] - Xinwufeng is forming a joint venture with France's Coplison Group with a registered capital of 80 million yuan [25] - Zhongcheng Co. is planning to issue shares to acquire 100% of a clean energy company, leading to a temporary stock suspension [26][27]

Core Points - The company reported significant growth in operational metrics for April 2025, including a 10.32% increase in passenger capacity and a 10.33% increase in revenue passenger kilometers [2] - The company introduced new international routes, enhancing its service offerings [2] - The company provided guarantees for its subsidiary, Yunnan Xiangpeng Airlines, to support its financing needs [4][8] Operational Data Summary - In April 2025, the company added one A321 aircraft while retiring several others, resulting in a total fleet of 347 aircraft [2] - Passenger capacity (available seat kilometers) increased by 10.32% year-on-year, while revenue passenger kilometers rose by 10.33% [2] - International passenger traffic surged by 65.45%, with a slight increase in international load factor by 0.94 percentage points [2] - Cargo and mail transport volume grew by 23.20%, with cargo load factor increasing by 9.94 percentage points and cargo revenue ton kilometers up by 41.04% [2] New Route Introductions - The company launched new routes including Haikou to Osaka (three flights per week), Beijing to Tel Aviv (two flights per week), and Chongqing to Bangkok (three flights per week) starting in April 2025 [2] Guarantee Details - The company plans to provide guarantees for Yunnan Xiangpeng Airlines amounting to up to 1.5 billion RMB and 0.6 million USD for two leasing contracts [4] - As of the announcement date, the total guarantees provided to Yunnan Xiangpeng Airlines amounted to 20.72 billion RMB [8] - The company has a total external guarantee balance of 24.51 billion RMB, which exceeds 107.83% of its audited net assets for 2024 [20]