Summary of Key Points Core Viewpoint - The company has provided an irrevocable joint liability guarantee for its subsidiary, Hainan Airlines Technology Co., Ltd., to secure a financing lease agreement with Huaxia Financial Leasing Co., Ltd., with a guarantee amount not exceeding 80 million RMB [1][3]. Group 1: Guarantee Details - The company signed a guarantee contract with Huaxia Financial Leasing to cover all debts owed by Hainan Airlines Technology under the financing lease agreement [3][5]. - The total new mutual guarantee limit for 2025 approved by the board is 15.8 billion RMB, with 11.3 billion RMB allocated for subsidiaries with a debt-to-asset ratio above 70% and 4.5 billion RMB for those below [2][9]. - The guarantee covers all obligations under the main contract, including overdue rent, early termination fees, and other liabilities [6][8]. Group 2: Guarantee Necessity and Control - The guarantee is deemed necessary to meet the operational needs of the subsidiary, which has a normal debt repayment capacity [8]. - The company maintains absolute control over the subsidiary's management and financial status, ensuring that it can monitor operational conditions and creditworthiness effectively [8]. Group 3: Board Approval and Current Guarantee Status - The board of directors and the shareholders' meeting have approved the guarantee without the need for further deliberation, as it falls within the authorized limit for 2025 [9]. - As of the announcement date, the total amount of guarantees provided by the company to its subsidiaries is approximately 2.48 billion RMB, which represents 109.25% of the company's audited net assets for 2024 [10].

Core Points - HNA Group announced that there are no overdue external guarantees [2] Summary by Category - **Company Announcement** - HNA Group released a statement confirming that the company has no overdue external guarantees [2]

Group 1 - HNA Holding announced a financing lease contract with Huaxia Financial Leasing for aircraft maintenance equipment, with a guarantee amount not exceeding 80 million RMB [1] - As of the announcement date, the total guarantee amount provided by the company to its subsidiaries is approximately 2.483 billion RMB, which accounts for 109.25% of the company's audited net assets for the fiscal year 2024 [1] - For the first half of 2025, the revenue composition of HNA Holding is as follows: passenger revenue accounts for 87.52%, other business accounts for 8.12%, and cargo and excess baggage revenue accounts for 4.36% [1] Group 2 - The market capitalization of HNA Holding is currently 79.1 billion RMB [2]

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：2025-101 海南航空控股股份有限公司 关于为控股子公司提供担保实施的公告 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： 担保对象及基本情况 | | | 被担保人名称 | | 海航航空技术有限公司 | | | --- | --- | --- | --- | --- | --- | | | | 本次担保金额 | 8,000.00 | 万元 | | | 担 保 象 | 对 | 实际为其提供的担保余额 | 7,000.00 | 万元 | | | | | 是否在前期预计额度内 | 是 | □否 | □不适用：_________ | | | | 本次担保是否有反担保 | 是 | □否 | □不适用：_________ | 累计担保情况 | 对外担保逾期的累计金额（万元） | 0 | | --- | --- | | 截至本公告日上市公司及其控股 子公司对外担保余额（万元） | 248,318.96 | | 对外担保余额 ...

Core Insights - The aviation and airport sector experienced a slight decline of 0.08% on November 7, with China Eastern Airlines leading the drop [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Stock Performance - Hainan Airlines Holdings (600221) saw a closing price of 1.83, with an increase of 1.67% and a trading volume of 9.1 million shares, totaling 1.675 billion yuan [1] - Baiyun Airport (600004) closed at 9.97, up 0.91%, with a trading volume of 189,200 shares [1] - Shanghai Airport (600009) closed at 32.23, up 0.62%, with a trading volume of 81,700 shares [1] - Shenzhen Airport (000089) closed at 7.31, up 0.41%, with a trading volume of 171,500 shares [1] - China National Aviation (601111) closed at 8.30, down 0.12%, with a trading volume of 389,500 shares [1] - Southern Airlines (600029) closed at 6.98, down 0.29%, with a trading volume of 399,500 shares [1] - Spring Airlines (601021) closed at 55.56, down 0.32%, with a trading volume of 42,800 shares [1] - Xiamen Airport (600897) closed at 16.70, down 0.60%, with a trading volume of 115,200 shares [1] - Juneyao Airlines (603885) closed at 13.23, down 0.75%, with a trading volume of 78,500 shares [1] - CITIC Offshore Helicopter (000099) closed at 21.53, down 0.92%, with a trading volume of 97,000 shares [1] Capital Flow - The aviation and airport sector saw a net outflow of 267 million yuan from institutional investors, while retail investors contributed a net inflow of 147 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors showed interest [2] Individual Stock Capital Flow - Xiamen Airport (600897) had a net inflow of 1.3164 million yuan from institutional investors, while retail investors contributed a net inflow of 6.2663 million yuan [3] - Baiyun Airport (600004) experienced a net inflow of 463,500 yuan from institutional investors and a net outflow of 158,140 yuan from speculative funds [3] - Shanghai Airport (600009) faced a net outflow of 3.0744 million yuan from institutional investors, but retail investors contributed a net inflow of 13.8668 million yuan [3] - Juneyao Airlines (603885) had a significant net outflow of 8.2616 million yuan from institutional investors, while retail investors contributed a net inflow of 11.6144 million yuan [3] - China Eastern Airlines (600115) saw a net outflow of 1.21% in its stock price, closing at 4.90 with a trading volume of 1.0093 million shares [2]

Core Points - The article highlights the achievements of Mo Yonglong, a security officer at Hainan Airlines, who has been recognized as an "Aviation Security Model" for his outstanding performance during the 2025 summer transportation and National Day tasks [3]. Group 1: Personal Background and Skills - Mo Yonglong has a strong martial arts background, having practiced various skills such as Wing Chun and dual-section staff, which he integrates into aviation security practices [2]. - He has been with Hainan Airlines since 2017 and embodies the spirit of a dedicated Communist Party member [2]. Group 2: Professional Responsibilities and Achievements - Mo Yonglong demonstrates a high sense of professional responsibility, taking on challenging tasks such as the inaugural flight for the Shenzhen-Tel Aviv route and successfully completing the inaugural flight support for Shenzhen-Budapest and Shenzhen-Madrid routes in 2024 [4]. - During the 2025 summer transportation period, he accumulated 183 hours of safe flight operations, showcasing his exceptional professionalism and solid work ethic [4]. Group 3: Team Leadership and Development - As a safety team leader, Mo Yonglong focuses on enhancing team members' safety awareness and operational skills, ensuring compliance and safety during all operations [5]. - He promotes the integration of party group activities with safety team management, inviting team leaders to participate in meetings to strengthen the ideological foundation of the team [5]. Group 4: Communication and Community Engagement - As the party branch's publicity committee member, Mo Yonglong effectively documents and shares the training and operational achievements of team members, fostering a sense of unity within the team [6]. - He takes initiative in logistical support for branch activities, ensuring that team events are organized and filled with warmth [6].

Core Points - The average stock price of A-shares is 13.99 yuan, with 27 stocks priced below 2 yuan, the lowest being *ST Gao Hong at 0.38 yuan [1][2] - As of November 6, the Shanghai Composite Index closed at 4007.76 points, indicating a relatively low proportion of both high-priced and low-priced stocks in the A-share market [1][2] Low-Priced Stocks Overview - Among the 27 low-priced stocks, 11 are ST stocks, accounting for 40.74% of this group [1] - The stocks with the highest daily increase include Jin Zheng Da and Chongqing Steel, with increases of 3.72% and 0.65% respectively [1] - The majority of low-priced stocks experienced declines, with *ST Yuan Cheng, HNA Holding, and *ST Yun Wang showing the largest drops of 4.48%, 3.74%, and 2.94% respectively [1] Low-Priced Stocks Ranking - The table lists various low-priced stocks, including their latest closing prices, daily change percentages, turnover rates, price-to-book ratios, and industries [1][2] - Notable stocks include *ST Gao Hong at 0.38 yuan, *ST Yuan Cheng at 0.64 yuan, and *ST Su Wu at 1.00 yuan, with respective daily changes of -4.48% and 0.00% [1][2]

Core Insights - HNA Group conducted a block trade of 3.3 million shares on November 6, with a transaction value of 5.94 million yuan, representing 0.31% of the total trading volume for the day, at a price of 1.8 yuan per share, which is consistent with the market closing price [1]. Group 1 - The block trade involved 3.3 million shares of HNA Group [1]. - The total transaction amount was 5.94 million yuan [1]. - The transaction price was 1.8 yuan per share, unchanged from the market closing price [1].

Core Insights - The aviation and airport sector experienced a slight decline of 0.13% on November 6, with HNA Holding leading the drop [1][2] - The Shanghai Composite Index closed at 4007.76, up 0.97%, while the Shenzhen Component Index closed at 13452.42, up 1.73% [1] Stock Performance - Key stocks in the aviation sector showed mixed results, with the following notable performances: - China Southern Airlines (7.00, +0.86%, 424,900 shares, 297 million CNY) - China Eastern Airlines (4.96, +0.20%, 1,122,600 shares, 558 million CNY) - HNA Holding (1.80, -3.74%, 10,532,800 shares, 1.918 billion CNY) [1][2] Capital Flow - The aviation and airport sector saw a net outflow of 369 million CNY from institutional investors, while retail investors contributed a net inflow of 200 million CNY [2][3] - The following stocks had significant capital flows: - China Southern Airlines: -32.63 million CNY from institutional investors, +3.14 million CNY from retail investors - HNA Holding: -38.95 million CNY from institutional investors, +12.38 million CNY from retail investors [3]

Core Viewpoint - The International Air Transport Association (IATA) has announced the addition of the Chinese Yuan (RMB) as a settlement currency in its clearing house, marking a significant step forward for RMB internationalization [1][2]. Group 1: RMB as a Settlement Currency - The RMB settlement will be available starting December 2025, following a trial run, providing significant benefits to airlines operating in China by reducing exchange rate risks and simplifying local supplier access [2]. - China Southern Airlines and Xiamen Airlines will be the first to pilot the RMB settlement in November 2025 [4]. - The introduction of RMB settlement is seen as a positive development for the Chinese aviation industry, facilitating faster settlements and lowering costs associated with multiple currency exchanges [4][7]. Group 2: Market Reaction - Following the announcement, airline stocks experienced a notable increase, with Southern Airlines and China National Aviation rising nearly 2%, and Huaxia Airlines increasing over 5% [5]. - The aviation index showed a slight increase of 0.63%, reflecting positive market sentiment towards the new RMB settlement option [6]. Group 3: IATA Clearing House Operations - The IATA Clearing House currently supports seven currencies and provides efficient settlement services for 581 airlines and related enterprises, with a projected settlement amount of $63.8 billion in 2024, including 33 airlines operating in China [6]. - IATA's senior vice president emphasized that the addition of RMB settlement is a crucial step in meeting the demand for cost-effective financial services from member airlines [7]. Group 4: RMB Internationalization - The People's Bank of China (PBOC) highlighted the steady rise of the RMB's international status, noting it is now the largest settlement currency for China's foreign trade and the second-largest trade financing currency globally [8]. - The PBOC has signed 32 effective swap agreements with central banks from various countries, covering major economies across six continents, amounting to approximately 4.5 trillion RMB [8]. - Future plans include building a self-controlled cross-border payment system for RMB and enhancing the efficiency of cross-border RMB clearing services [9].