Core Viewpoint - The company has announced its "Quality Improvement and Efficiency Enhancement Action Plan for 2025," which includes a strategic acquisition and expansion plans in the aviation market [1] Group 1: Acquisition and Shareholding - The company plans to acquire controlling stakes in Meilan Airport, having completed the transfer of 238 million domestic shares, which will make it a subsidiary [1] - The controlling shareholder has increased their stake to 24.87% [1] Group 2: Operational Developments - The company is focusing on the aviation market, with Sanya Phoenix Airport achieving record passenger throughput [1] - The new route from Sanya to Prague has been launched [1] - Ongoing expansion projects at both airports are progressing steadily [1] Group 3: Financial Strategies - The company is advancing a cash dividend of 57.1265 million yuan for the year 2024 and is actively researching the dividend plan for 2025 [1] - The company is pursuing a "de-real estate" strategy, with approximately 6 billion yuan worth of sellable real estate remaining [1]

Group 1 - The duty-free store concept index declined by 0.71%, ranking among the top declines in the concept sector, with notable declines from companies such as Caesar Travel, Hainan Development, and Zhongbai Group [1] - Among the duty-free store concept stocks, 11 experienced price increases, with Hainan Development leading at a rise of 6.87%, followed by Guangbai Co. at 2.74% and Spring Airlines at 1.46% [1] - The duty-free store sector saw a net outflow of 2.918 billion yuan in capital, with 24 stocks experiencing net outflows, and 6 stocks seeing outflows exceeding 100 million yuan, led by Hainan Development with a net outflow of 959 million yuan [2] Group 2 - The top net outflow stocks in the duty-free store concept included Hainan Development, Dongbai Group, China Duty Free, and Hainan Airport, with net outflows of 673 million yuan, 473 million yuan, and 309 million yuan respectively [2] - The stocks with the highest net inflows included Guangbai Co., Wushang Group, and Bailian Group, with net inflows of 43.73 million yuan, 931.37 thousand yuan, and 418.60 thousand yuan respectively [2][3] - The trading volume for Hainan Development was 38.88%, indicating significant trading activity despite the net outflow [3]

Core Viewpoint - Hainan Airport's stock has shown significant growth this year, with a year-to-date increase of 46.75% and a recent surge of 24.49% over the past five trading days, indicating strong market interest and performance [1]. Financial Performance - For the period from January to September 2025, Hainan Airport reported a revenue of 3.28 billion yuan, reflecting a year-on-year growth of 6.09%. However, the net profit attributable to shareholders decreased by 69.77% to 64.35 million yuan [2]. - Cumulative cash dividends since the A-share listing amount to 60.21 million yuan, with 57.13 million yuan distributed over the past three years [3]. Shareholder Information - As of November 28, 2025, the number of shareholders for Hainan Airport reached 152,000, an increase of 36.40% from the previous period. The average number of circulating shares per shareholder decreased by 26.69% to 60,382 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, holding 190 million shares, which increased by 23.83 million shares compared to the previous period [3]. Market Activity - On December 25, Hainan Airport's stock price rose by 2.03% to 5.54 yuan per share, with a trading volume of 752 million yuan and a turnover rate of 1.50%. The total market capitalization reached 63.296 billion yuan [1]. - The stock has appeared on the "龙虎榜" (top trading list) three times this year, with the most recent appearance on December 23 [1].

Core Viewpoint - Hainan Airport has completed the acquisition of a controlling stake in Meilan International Airport, marking a significant step in the integration of Hainan's air transport infrastructure as the province prepares for the full closure of its free trade port by December 2025 [1][2] Group 1: Acquisition Details - Hainan Airport has successfully transferred 23.75 million shares of Meilan International Airport, resulting in a 50.19% ownership stake and control over the airport [1] - The share transfer phase of the transaction has been completed, and the company plans to advance to the comprehensive offer phase as scheduled [1] Group 2: Strategic Implications - The acquisition coincides with the historic phase of Hainan's free trade port construction, which is expected to enhance the province's attractiveness as an international tourism consumption center and regional aviation hub [1] - Following the acquisition, Hainan Airport will unify the management of three major international airports in Hainan: Haikou Meilan, Sanya Phoenix, and Qionghai Boao, creating a large airport operating group with an annual passenger throughput exceeding 50 million [2] - This consolidation is anticipated to strengthen Hainan Airport's competitiveness in route network planning, commercial resource development, and smart airport construction, while also capitalizing on the growth opportunities presented by the free trade port's operational closure [2]

转自：智通财经 2025年12月24日，海南机场（600515.SH）发布《关于收购海南美兰国际空港股份有限公司控股权完成 股份过户暨关联交易进展公告》，正式宣告其对美兰空港（00357.HK）控股权收购事宜尘埃落定。标 志着海南自贸港大型民用运输机场资源的战略性重组迈出关键步伐，也意味着自贸港交通基础设施协同 发展迎来重要里程碑。 这次收购完成后，海南机场实现对美兰空港的绝对控制权，海南自贸港民航机场资源得以深度整合，成 功构筑起岛内年旅客吞吐量超5000万人次的大型机场运营管理集团，为进一步织密海南自贸港国际航线 网络打下坚实的基础。 从财务情况来看，虽然美兰空港因机场二期扩建，相关资产的折旧摊销和运营费用有所增加，导致收入 增长尚不足以覆盖新增的运营成本，并表后或会面临短期业绩波动，但短期压力难掩长期价值。美兰空 港财务状况不仅已有好转——2025上半年已较去年同期大幅收窄约71.7%，此次整合也将促进海南机场 收入规模及资产规模得到显著提升。 更为关键的是，此次控股美兰空港，对海南机场具有深远的战略意义，海南机场对海南岛内海口美兰、 三亚凤凰、琼海博鳌三大国际机场的统一运营将实现，为海南机场统一调度海 ...

Core Viewpoint - Hainan Airport Facilities Co., Ltd. has completed the acquisition of a controlling stake in Hainan Meilan International Airport Co., Ltd., marking a significant step in the integration of Hainan's airport operations and enhancing its position as an international aviation hub [1][2] Group 1: Acquisition Details - The company has acquired 23,750 million shares of Meilan Airport, resulting in a 50.19% ownership stake and control over the airport [1] - The share transfer process has been completed, and the company plans to advance the comprehensive offer related to this transaction [1] Group 2: Policy and Market Impact - The acquisition coincides with the historic full island closure of Hainan Free Trade Port, which began on December 18, 2025, and is expected to release various policy benefits that will enhance Hainan's attractiveness as an international tourism and aviation hub [2] - New policies such as duty-free shopping, the seventh freedom of the air, visa-free access for 86 countries, and tax incentives are anticipated to significantly boost passenger and cargo demand in the region [2] Group 3: Operational Synergies - Following the acquisition, Hainan Airport will unify the management of three major international airports: Haikou Meilan, Sanya Phoenix, and Qionghai Boao, creating a large airport operating group with an annual passenger throughput exceeding 50 million [2] - This consolidation is expected to enhance the company's competitiveness in route network planning, commercial resource development, and smart airport construction, positioning it to better capitalize on the growth opportunities arising from the full closure operations [2]

二、进展情况 1 股票代码：600515 股票简称：海南机场 公告编号：临 2025-086 海南机场设施股份有限公司 关于收购海南美兰国际空港股份有限公司控股权完成股份过户 暨关联交易进展公告 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。 一、交易概述 海南机场设施股份有限公司（简称"海南机场"或"公司"）于 2025 年 4 月 30 日召开第十届董事会第二十六次会议和第十届监事会第二十次会议，2025 年 6 月 27 日召开 2025 年第一次临时股东会，审议通过了《关于收购海南美兰国际空港股 份有限公司控股权暨关联交易的议案》，同意公司以自有及/或自筹资金，收购关联 方海口美兰国际机场有限责任公司（以下简称"美兰有限"）持有的海南美兰国际 空港股份有限公司（以下简称"美兰空港"或"标的公司"）237,500,000 股内资股 （以下简称"股份转让"），交易价款为人民币 2,339,375,000.00 元，折合每股 9.85 元人民币。 根据香港证券及期货事务监察委员会（以下简称"香港证监会"）颁布的《公 司收购及 ...

格隆汇12月24日丨海南机场(600515.SH)公布，截至目前，公司收购美兰有限持有美兰空港 237,500,000 股内资股已完成过户，公司持有美兰空港 50.19%股份，已取得其控制权，本次交易股份转让环节已完 成。公司将按计划推进本次交易全面要约环节相关事项。 ...

海南机场公告称，公司此前审议通过收购关联方美兰有限持有的美兰空港237,500,000股内资股，交易价 款23.39亿元，折合每股9.85元。待股份转让完成后，将进行全面要约。截至目前，237,500,000股内资股 已完成过户，公司持有美兰空港50.19%股份，取得其控制权，股份转让环节完成，后续将推进全面要 约环节相关事项。 ...

鹏华中证800地产指数(LOF)A（160628）成立日期2021年1月1日，最新规模1.62亿。今年以来亏损 2.03%，同类排名4118/4197；近一年亏损4%，同类排名4102/4157；成立以来亏损1.58%。 鹏华中证800地产指数(LOF)A（160628）基金经理为闫冬。 12月24日，海南机场涨0.74%，截至发稿，报5.43元/股，成交25.36亿元，换手率5.20%，总市值620.39 亿元。海南机场股价已经连续4天上涨，区间累计涨幅22.02%。 资料显示，海南机场设施股份有限公司位于海南省海口市美兰区国兴大道3号互联网金融大厦C座，成 立日期1993年5月12日，上市日期2002年8月6日，公司主营业务涉及机场投资经营管理、房地产开发等 业务。主营业务收入构成为：机场管理业务42.31%，房地产业务23.41%，物业管理业务15.57%，其他 (补充)14.08%，免税与商业业务4.63%。 从基金十大重仓股角度 数据显示，鹏华基金旗下1只基金重仓海南机场。鹏华中证800地产指数(LOF)A（160628）三季度减持 120.09万股，持有股数466.05万股，占基金净值比例为8.5 ...