Group 1 - The company announced the transfer of 100% equity of Hainan Tianyu Flight Training Co., Ltd. for a price of RMB 799.07 million to Hainan Airlines Holding Co., Ltd. [2] - The board meetings held on June 6, 2025, and August 27, 2025, approved the equity transfer and a supplementary agreement, respectively, which included adjustments related to impairment testing and compensation arrangements [2] - The equity transfer payment has been received, and the business registration changes have been completed, resulting in Hainan Airlines Holding Co., Ltd. owning 100% of Tianyu Flight Training [2]

Group 1 - Hainan Airlines has introduced a new Airbus A330 aircraft featuring 301 seats, including 24 business class and 277 economy class seats [2] - The cabin layout for business class is designed in a 1-2-1 staggered configuration, allowing direct aisle access and enhanced privacy for passengers [2] - The economy class seats have a pitch of 30-34 inches, providing ample legroom for travelers [2] Group 2 - The new A330 aircraft has a maximum range increase of 700 nautical miles compared to its predecessor, enhancing route planning and capacity allocation [2] - Hainan Airlines is committed to green and sustainable development, aligning the new aircraft's operational efficiency and environmental performance with its corporate philosophy [2] - The airline has implemented a comprehensive carbon emission management network, achieving a reduction of over 3.27 million tons of CO2 emissions, equivalent to the annual absorption of CO2 by approximately 120,000 acres of forest [3]

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 重大资产购买之实施情况 的法律意见 | 一、本次交易方案 3 | | --- | | 二、本次交易的批准和授权 6 | | 三、本次交易的资产过户或交付、相关债权债务处理等事宜的办 | | 理情况 8 | | 四、相关实际情况与此前披露的信息是否存在差异 8 | | 五、董事、监事、高级管理人员的更换情况及其他相关人员的调 | | 整情况 8 | | 六、重组过程中，是否发生上市公司资金、资产被实际控制人或 | | 其他关联人占用的情形，或上市公司为实际控制人及其关联人提 | | 供担保的情形 8 | | 七、相关协议及承诺的履行情况 9 | | 八、相关后续事项的合规性及风险 9 | 北京德恒律师事务所 关于海南航空控股股份有限公司重大资产购买之实施情况的法律意见 北京德恒律师事务所 关于 海南航空控股股份有限公司 重大资产购买之实施情况 的法律意见 德恒 01F20250170-06 号 致：海南航空控股股份有限公司 ...

中国银河证券股份有限公司 关于 海南航空控股股份有限公司 重大资产购买实施情况 之 独立财务顾问核查意见 本核查意见不构成对海南航空控股股份有限公司的任何投资建议或意见，本独立财 务顾问对投资者根据本核查意见作出的投资决策可能产生的风险，不承担任何责任。本 独立财务顾问特别提请广大投资者认真阅读海南航空控股股份有限公司发布的与本次 交易相关的公告文件全文。 2 独立财务顾问 二〇二五年十一月 1 声 明 中国银河证券股份有限公司接受海南航空控股股份有限公司董事会的委托，担任本 次海南航空控股股份有限公司重大资产重组之独立财务顾问。 根据《公司法》《证券法》《重组管理办法》《26 号准则》等法律法规的相关规定， 按照证券行业公认的业务规范，本着诚实守信、勤勉尽责的精神，遵循独立、客观、公 正的原则，在认真审阅相关资料并充分了解本次交易行为的基础上，本独立财务顾问出 具了本核查意见。 本核查意见所依据的文件、材料由本次交易相关各方提供，本次交易相关各方已承 诺所提供文件和材料真实、准确和完整，不存在虚假记载、误导性陈述或者重大遗漏。 本独立财务顾问不承担由此引起的任何风险责任。 本独立财务顾问未委托或授权其他任何 ...

证券代码：600221、900945 证券简称：海航控股、海控 B 股 编号：临 2025-103 海南航空控股股份有限公司 关于重大资产购买之标的资产完成过户的公告 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。 海南航空控股股份有限公司（以下简称"公司"）拟以支付现金方式购买海南空港 开发产业集团有限公司（以下简称"海南空港"）持有的海南天羽飞行训练有限公司（以 下简称"天羽飞训"或"标的公司"）100.00%股权（以下简称"本次交易"），交易金额 为79,907.00万元。 2025年6月6日，公司召开了第十届董事会第四十一次会议及第十届监事会第十一 次会议，审议通过了《关于〈海南航空控股股份有限公司重大资产购买报告书（草案）〉 及其摘要的议案》等与本次交易相关的各项议案，具体内容详见公司于2025年6月7 日披露的相关公告。 临时公告 2025年8月27日，公司召开第十届董事会第四十三次会议及第十届监事会第十二 次会议，审议通过《关于签署重大资产购买补充协议暨调整本次重大资产重组方案的 议案》，双方签署《股权转让补充协 ...

股票代码：600221 900945 股票简称：海航控股 海控 B 股 上市地点：上海证券交易所 海南航空控股股份有限公司 重大资产购买实施情况报告书 独立财务顾问 签署日期：二〇二五年十一月 1 释 义 在本报告书中，除非另有说明，下列简称具有如下含义： | 实施情况报告书/本报告书 | 指 | 《海南航空控股股份有限公司重大资产购买实施情况报告书》 | | --- | --- | --- | | 重组报告书 | 指 | 《海南航空控股股份有限公司重大资产购买报告书（草案）》 | | 上市公司、本公司、公司、海航 | 指 | 海南航空控股股份有限公司，在上海证券交易所上市，股票代码： | | 控股、海控 B 股 | | 600221（A 股），900945（B 股） | | 控股股东、瀚巍投资 | 指 | 海南瀚巍投资有限公司 | | 标的公司、天羽飞训 | 指 | 海南天羽飞行训练有限公司 | | 交易标的、标的资产 | 指 | 海南天羽飞行训练有限公司 100%股权 | | 空港集团、交易对方、转让方 | 指 | 海南空港开发产业集团有限公司 | | 方大航空 | 指 | 海南方大航空发展有限公司，公司 ...

海航控股公告称，拟通过支付现金7.99亿元购买空港集团持有的天羽飞训100%股权，交易完成后天羽 飞训将成其全资子公司。此次交易不构成关联交易，但构成重大资产重组，不构成重组上市。截至法律 意见出具日，交易已获必要批准和授权，标的公司完成工商变更登记，海航控股已支付转让价款，且交 易过程未出现重大差异、人员更换、资金占用等问题。后续，交易各方将继续履行承诺，公司将履行信 息披露义务。 ...

Core Viewpoint - The aviation and airport sector experienced a rise of 1.24% on November 13, with Huaxia Airlines leading the gains, while the overall market indices also showed positive performance [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4029.5, up 0.73%, and the Shenzhen Component Index closed at 13476.52, up 1.78% [1]. - Key stocks in the aviation and airport sector showed varying degrees of increase, with Huaxia Airlines rising by 3.19% to a closing price of 12.30 [1]. Group 2: Stock Performance - The following stocks in the aviation and airport sector had notable performances: - Huaxia Airlines: 12.30, +3.19%, volume 287,000 [1] - Xiamen Airport: 17.22, +2.32%, volume 141,500 [1] - Shanghai Airport: 34.55, +1.74%, volume 264,200 [1] - Spring Airlines: 59.82, +1.54%, volume 55,700 [1] - China National Aviation: 8.85, +1.26%, volume 560,500 [1] - Baiyun Airport: 10.33, +1.18%, volume 250,100 [1] - China Eastern Airlines: 5.32, +1.14%, volume 1,091,200 [1] - Southern Airlines: 7.32, +1.10%, volume 456,700 [1] - HNA Holding: 1.87, +1.08%, volume 7,282,400 [1] - Juneyao Airlines: 14.75, +0.55%, volume 216,000 [1]. Group 3: Capital Flow - The aviation and airport sector saw a net outflow of 46.93 million yuan from institutional investors and a net outflow of 104 million yuan from speculative funds, while retail investors contributed a net inflow of 151 million yuan [2]. - Detailed capital flow for specific stocks indicated that: - China Eastern Airlines had a net inflow of 62.69 million yuan from institutional investors [3]. - HNA Holding experienced a net outflow of 31.68 million yuan from speculative funds [3]. - Retail investors showed a net inflow of 22.73 million yuan into Juneyao Airlines [3].

Core Viewpoint - The average stock price in the A-share market is 14.08 yuan, with 20 stocks priced below 2 yuan, the lowest being *ST Yuan Cheng at 0.58 yuan [1] Summary by Category Stock Price Distribution - As of November 13, the Shanghai Composite Index closed at 4029.50 points, with the average A-share price at 14.08 yuan [1] - There are 20 stocks priced below 2 yuan, with *ST Yuan Cheng being the lowest at 0.58 yuan, followed by *ST Su Wu at 0.98 yuan and *ST Jin Ke at 1.47 yuan [1] - Among the low-priced stocks, 8 are ST stocks, accounting for 40% of the total [1] Market Performance - Out of the low-priced stocks, 16 saw an increase today, with the highest gains from ST Yi Gou (5.29%), *ST Jin Ke (5.00%), and Rongsheng Development (4.73%) [1] - Only 2 stocks experienced a decline, with ST Ling Nan and *ST Hui Feng dropping by 1.03% and 0.53%, respectively [1] Low-Priced Stock Rankings - A detailed ranking of low-priced stocks includes: - *ST Yuan Cheng: Latest closing price 0.58 yuan, market-to-book ratio 0.27, industry: construction decoration [1] - *ST Su Wu: Latest closing price 0.98 yuan, daily turnover rate 1.97%, industry: pharmaceutical [1] - *ST Jin Ke: Latest closing price 1.47 yuan, daily increase 5.00%, industry: real estate [1] - Other notable stocks include Chongqing Steel (1.59 yuan), Yongtai Energy (1.63 yuan), and Shandong Steel (1.65 yuan) [1]

Core Viewpoint - Hainan Airlines is optimizing its route network for the upcoming 2025 winter-spring season by launching new routes to enhance travel convenience for passengers in Nanchang and surrounding areas [1][6]. Group 1: New Routes - New routes include Nanchang–Taiyuan–Urumqi and Taiyuan–Nanchang–Xining, with each route operating one round trip daily [3][6]. - The Nanchang–Taiyuan–Urumqi route has flights departing from Nanchang at 17:00 and arriving in Urumqi at 23:25, while the return flight departs Urumqi at 09:45 [3][6]. - The Taiyuan–Nanchang–Xining route has flights leaving Taiyuan at 08:55 and arriving in Xining at 15:35, with the return flight departing Xining at 16:30 [3][6]. Group 2: Flight Schedule - A total of 15 domestic routes will be operated from Nanchang, Jiujiang, and Yichun, connecting to major cities such as Beijing, Haikou, and Urumqi, with a planned execution of 112 outbound flights weekly [6]. - Specific flight details include multiple daily flights to various destinations, ensuring comprehensive coverage of popular business and tourist cities [4][6]. Group 3: Customer Information - Passengers are advised to check flight schedules, departure airports, and terminal information before traveling, as some flights may be adjusted after the seasonal change [6]. - Tickets can be purchased through Hainan Airlines' official website, app, WeChat public account, and authorized agents [6].