Financial Performance - In 2022, the company's operating revenue was CNY 1,005,686,577.91, a decrease of 19.36% compared to CNY 1,247,075,313.13 in 2021[24]. - The net profit attributable to shareholders was CNY 28,098,972.34, down 80.17% from CNY 141,721,866.15 in the previous year[24]. - The basic earnings per share decreased by 81.25% to CNY 0.09 from CNY 0.48 in 2021[25]. - The net cash flow from operating activities was CNY 165,068,838.67, a decline of 63.31% compared to CNY 449,861,375.41 in 2021[24]. - The total assets at the end of 2022 were CNY 4,918,592,211.39, a slight decrease of 0.06% from CNY 4,921,371,864.51 in 2021[24]. - The weighted average return on equity decreased to 0.73% from 3.73% in the previous year, a reduction of 3.00 percentage points[25]. - The company reported a significant decrease in flight operations, with a total of 99,838 flights, down 22.04% year-on-year[34]. - The cargo and mail throughput reached 262,100 tons, reflecting a decrease of 12.00% year-on-year[49]. - The company maintained profitability despite significant operational challenges in the aviation industry[48]. Operational Efficiency - The company implemented various cost-saving measures, including budget management and optimizing human resources, to enhance operational efficiency[35]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[7]. - The company has not violated any decision-making procedures for providing guarantees[7]. - The company has established a high-efficiency aviation logistics system in collaboration with various logistics enterprises[79]. - The company has maintained a clear operational scope, providing ground support services to domestic and international airlines, ensuring independent operational capabilities[84]. Strategic Initiatives - The company aims to enhance service quality and customer experience through a series of service improvement initiatives[36]. - The company is focused on green airport construction and has initiated environmental management measures[36]. - The company is advancing digital transformation by developing a digital operation platform and an aviation simulation laboratory[36]. - The company is committed to high-standard lean system construction to improve quality and operational efficiency[37]. - The company aims to leverage smart airport initiatives to enhance operational efficiency and service quality, focusing on data sharing and intelligent operations[77]. Governance and Management - The company has established a robust corporate governance structure, ensuring independence from the controlling shareholder in assets, personnel, finance, and operations[82]. - The company has revised its Articles of Association to enhance governance standards during the reporting period[82]. - The company has an independent financial department that adheres to accounting standards and maintains a separate accounting system, ensuring independent tax compliance[84]. - The company has a dedicated human resources department independent of the controlling shareholder, ensuring no interference in personnel decisions[83]. - The company has seen a restructuring of its board with the appointment of new independent directors to strengthen oversight[90]. Employee and Community Engagement - The total compensation for senior management in 2022 was 443.25 million[90]. - The company has increased its training efforts in areas such as employee quality, management, and safety education, enhancing the training coverage rate[106]. - The company actively participated in community support initiatives, including a fund for employees facing difficulties and purchasing poverty alleviation products worth over 1 million RMB[122]. Future Outlook - The company aims to achieve a passenger transport volume of 460 million and cargo mail transport volume of 6.17 million tons in 2023, recovering to approximately 75% of 2019 levels[72]. - The company plans to enhance safety management systems and improve operational efficiency, focusing on a "one system platform, dual prevention mechanism, and three-level quality control system" in 2023[76]. - The company anticipates challenges from geopolitical tensions, fluctuating oil prices, and competition from nearby airports affecting growth in passenger and cargo markets[78]. - The company expects to maintain a stable growth trajectory while optimizing human capital and organizational structure in 2023[76].

Financial Performance - The company's operating revenue for Q3 2022 was ¥277,917,964.15, representing a year-over-year increase of 1.31%[2] - The net profit attributable to shareholders for Q3 2022 was ¥15,371,672.01, a decrease of 16.89% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,435,903.71, down 67.17% year-over-year[2] - Basic earnings per share for Q3 2022 were ¥0.0516, down 16.91% year-over-year, while diluted earnings per share were also ¥0.0516, reflecting the same percentage decrease[2] - Net profit for Q3 2022 was CNY 36,385,152.37, down 80.2% from CNY 183,301,084.09 in Q3 2021[19] - Operating profit for Q3 2022 was CNY 57,714,755.42, a decline of 75.1% compared to CNY 231,542,799.00 in Q3 2021[18] - The total comprehensive income for Q3 2022 was CNY 36,385,152.37, significantly lower than CNY 183,301,084.09 in Q3 2021[19] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥74,373,225.58, reflecting a significant decline of 79.95%[2] - The net cash flow from operating activities for the first three quarters of 2022 was CNY 74,373,225.58, a decrease of 80% from CNY 370,919,322.42 in the same period of 2021[23] - The net cash flow from investment activities was -194,882,672.89, an improvement from -425,390,988.48 in the previous period[24] - The total cash outflow from financing activities was 46,443,070.80, compared to 58,105,387.06 in the previous period[24] - The net increase in cash and cash equivalents was -166,952,518.11, worsening from -112,577,053.12 in the previous period[24] - The ending balance of cash and cash equivalents was 43,939,350.94, down from 171,118,342.76 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,837,837,584.84, a decrease of 1.57% from the end of the previous year[3] - Total current assets amounted to RMB 1,819,369,152.34, an increase from RMB 1,776,663,433.57 in the previous period[13] - Total non-current assets decreased to RMB 3,018,468,432.50 from RMB 3,144,708,430.94[14] - Total current liabilities were RMB 678,379,044.69, a decrease from RMB 737,921,184.22[14] - Total non-current liabilities decreased to RMB 73,234,542.56 from RMB 91,025,005.07[14] - Total liabilities as of Q3 2022 were CNY 751,613,587.25, down from CNY 828,946,189.29 in the previous quarter[15] - Total equity attributable to shareholders was CNY 3,818,839,191.65, slightly down from CNY 3,837,080,228.33 in the previous quarter[15] Shareholder Information - Total number of common shareholders at the end of the reporting period was 17,434[8] - The largest shareholder, Xiamen Xiangye Group Co., Ltd., holds 202,500,000 shares, accounting for 68.00% of total shares[8] Non-Recurring Items - Non-recurring gains and losses for Q3 2022 totaled ¥13,935,768.30, with a year-to-date total of ¥70,472,686.33[6] - The significant decline in net profit and cash flow was attributed to the impact of the pandemic, which led to decreased revenue and business volume[6] Management Focus - The company’s management indicated a focus on cost control and efficiency improvements in response to declining revenues[22] - The company has no significant new product or technology developments reported in the conference call[10]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥477.95 million, a decrease of 35.67% compared to ¥743.00 million in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2022 was approximately ¥8.97 million, down 93.79% from ¥144.48 million in the previous year[18]. - The basic earnings per share for the first half of 2022 was ¥0.0301, a decline of 93.79% compared to ¥0.4851 in the same period last year[18]. - The net cash flow from operating activities was approximately ¥35.50 million, a decrease of 79.46% from ¥172.88 million in the previous year[18]. - The total assets at the end of the reporting period were approximately ¥4.83 billion, down 1.78% from ¥4.92 billion at the end of the previous year[18]. - The company's net assets attributable to shareholders at the end of the reporting period were approximately ¥3.80 billion, a decrease of 0.88% from ¥3.84 billion at the end of the previous year[18]. - The weighted average return on equity for the first half of 2022 was 0.23%, a decrease of 3.56 percentage points from 3.79% in the same period last year[18]. - The company reported a net profit of approximately -¥47.56 million after deducting non-recurring gains and losses, compared to a profit of ¥122.59 million in the previous year, marking a decline of 138.80%[18]. - The company reported a significant drop in basic and diluted earnings per share, which fell to ¥0.0301 from ¥0.4851 year-over-year[91]. - The company’s total comprehensive income for the first half of 2022 was ¥16,644,455.55, down 89.6% from ¥159,765,496.72 in the same period of 2021[91]. Operational Metrics - In the first half of 2022, the civil aviation industry experienced a significant decline, with total transport turnover, passenger transport volume, and cargo/mail transport volume decreasing by 37%, 51.9%, and 17.9% respectively[24]. - Xiamen Airport ranked 17th in the country for aircraft takeoffs and landings, 20th for passenger throughput, and 12th for cargo/mail throughput during the first half of 2022[25]. - The company reported a significant decline in operational metrics, with a total of 46,400 flights, down 40.18% year-on-year, and a passenger throughput of 4.4464 million, down 53.59%[32]. - Operating cash flow decreased by 79.46%, from ¥172.88 million to ¥35.50 million, primarily due to reduced business volume[34]. - The company maintained profitability despite the severe impact of the COVID-19 pandemic, implementing measures to enhance operational efficiency and reduce costs[31]. Strategic Initiatives - The company has indicated potential risks in its future plans and development strategies, advising investors to be cautious[6]. - The company is positioned as a regional aviation hub, with Xiamen Airport being the only city in Fujian included in the national list of key international comprehensive transportation hubs[26]. - The company has focused on lean management to improve operational quality and resource efficiency, enhancing flight punctuality and optimizing resource allocation[27]. - The company is actively promoting the construction of a humanistic airport, enhancing customer experience and applying new technologies to achieve smart airport outcomes[30]. - The company has introduced new business initiatives, including cargo charter flights, to optimize operations and reduce variable costs[33]. - The company is focusing on enhancing innovation capabilities and promoting the construction of smart airports[33]. Financial Position - Cash and cash equivalents decreased by 72.61%, from ¥212.39 million to ¥58.18 million, attributed to expanded investment management[36]. - Contract liabilities increased by 38.95%, from ¥30.94 million to ¥42.99 million, due to an increase in service fee prepayments[37]. - The company reported a total current asset of 1,775,828,926.78 RMB, slightly down from 1,776,663,433.57 RMB at the beginning of the period[81]. - The cash and cash equivalents decreased from 212,391,869.05 RMB to 58,177,719.21 RMB, a decline of approximately 72.6%[81]. - The total liabilities decreased from ¥1,344,633,324.40 to ¥1,259,319,669.55, a reduction of about 6.33%[87]. - Total equity decreased from ¥3,416,504,098.18 to ¥3,367,062,706.45, a decline of about 1.45%[88]. Risk Factors - The company faces risks from the ongoing COVID-19 pandemic, with uncertainties affecting international air travel recovery and local outbreaks posing challenges[41]. - The global economic recovery remains slow due to the pandemic, geopolitical tensions, and fluctuating oil prices, impacting the overall profitability of the civil aviation industry[41]. - Government policies aimed at supporting production recovery during the pandemic are being updated, providing potential assistance for the company's aviation business recovery[43]. Social Responsibility - The company has actively participated in social responsibility initiatives, including educational support and poverty alleviation efforts, benefiting over 100,000 rural students and teachers[52]. - The company has implemented energy-saving measures, including LED lighting upgrades and electric vehicle conversions, contributing to significant reductions in carbon emissions[51]. Governance and Compliance - The financial statements were approved by the board on August 29, 2022, indicating a commitment to transparency and governance[113]. - The company operates under a governance structure that includes a shareholders' meeting, board of directors, and supervisory board[113]. - The financial reports are prepared based on the going concern principle, adhering to accounting standards and guidelines[115]. - The company assessed its ability to continue as a going concern for the next 12 months and found no issues affecting this capability[116].

股票代码：600897 股票简称：厦门空港 公告编号：临 2022-014 元翔（厦门）国际航空港股份有限公司 关于参加厦门辖区上市公司2021年年报业绩说明会暨 投资者网上集体接待日活动的公告 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个别及连带责任。 重要内容提示： 活动时间：2022 年 5 月 10 日(星期二)下午 14:30-16:00 活动网址：全景网投资者关系互动平台（http://ir.p5w.net） 活动方式：网络在线交流 一、活动类型 为加强与广大投资者的沟通和交流，元翔（厦门）国际航空港股份有限公司（以下 简称"公司"）将参加由厦门证监局指导、厦门上市公司协会联合深圳市全景网络有限 公司举办的"厦门辖区上市公司2021年年报业绩说明会暨投资者网上集体接待日活动"， 本次活动将通过深圳市全景网络有限公司提供的网上平台进行，投资者可以登录全景网 投资者关系互动平台（http://ir.p5w.net）参与在线交流。 二、活动时间、方式 1、活动时间：2022 年 5 月 10 日(星期二)下午 14:30-16 ...

2022 年第一季度报告 证券代码：600897 证券简称：厦门空港 元翔（厦门）国际航空港股份有限公司 2022 年第一季度报告 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、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务报表 信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上年同期增减 | | --- | --- | --- | | | | 变动幅度(%) | | 营业收入 | 264,353,006.76 | -17.73 | | 归属于上市公司股东的净利润 | 6,331,536.66 | -86.60 | | 归属于上市公司股东的扣除非经常性 | -15,694,376.90 | -143 ...

Financial Performance - The company's operating revenue for 2021 was CNY 1,247,075,313.13, representing a 1.79% increase compared to CNY 1,225,197,599.23 in 2020[20] - The net profit attributable to shareholders for 2021 was CNY 141,721,866.15, a decrease of 17.31% from CNY 171,395,194.05 in 2020[20] - The net profit after deducting non-recurring gains and losses was CNY 71,436,907.35, down 48.05% from CNY 137,511,367.15 in 2020[20] - The cash flow from operating activities for 2021 was CNY 449,861,375.41, a decrease of 4.93% compared to CNY 473,182,632.72 in 2020[20] - The total assets at the end of 2021 were CNY 4,921,371,864.51, an increase of 3.94% from CNY 4,734,924,767.19 at the end of 2020[20] - The net assets attributable to shareholders at the end of 2021 were CNY 3,837,080,228.33, a 2.33% increase from CNY 3,749,553,259.50 at the end of 2020[20] - The basic earnings per share for 2021 were CNY 0.4759, down 17.31% from CNY 0.5755 in 2020[21] - The diluted earnings per share for 2021 were also CNY 0.4759, reflecting the same percentage decrease as the basic earnings per share[21] - The weighted average return on equity for 2021 was 3.73%, a decrease of 0.85 percentage points from 4.58% in 2020[21] - The company reported a significant increase in other income, which amounted to CNY 50,787,193.10 in 2021, compared to CNY 18,205,017.85 in 2020[197] Operational Highlights - The total passenger throughput for the year was 14.95 million, a decline of 10.52% year-on-year, while cargo throughput increased by 7.01% to 297,800 tons[30] - The company achieved a peak capacity increase from 32 to 36 aircraft movements per hour, enhancing operational efficiency[33] - The company reported a government subsidy of CNY 46.51 million related to its regular business operations, which positively impacted its financial results[25] - The international passenger volume dropped significantly by 61.70%, while international cargo transport saw a growth of 56.70%[30] - The company achieved a total transportation turnover of 85.7 billion ton-kilometers, with passenger traffic reaching 44 million and cargo mail volume at 732 thousand tons, representing year-on-year increases of 7.3%, 5.5%, and 8.2% respectively[36] - The company maintained continuous profitability despite the severe impact of the COVID-19 pandemic, implementing measures to ensure safety and gradually restore operational efficiency[46] Safety and Environmental Initiatives - The company maintained a stable safety operation throughout 2021, adhering to strict pandemic prevention measures while ensuring production continuity[31] - The company emphasized the development of a green airport, implementing energy-saving management and promoting the use of new energy vehicles[32] - The company has actively pursued environmental responsibility initiatives, including the procurement of 24 new energy vehicles, with 23 being fully electric[122] - The company has completed the modification of 161 vehicles to reduce emissions and has maintained a 90% utilization rate of APU replacement facilities[122] Strategic Development - The company implemented a digital transformation strategy, focusing on the A-CDM system to improve operational management and passenger service experience[32] - The company aims to develop a regional aviation hub with the richest routes and most convenient transfers in the Straits West Economic Zone, focusing on Southeast Asia, Northeast Asia, and Hong Kong, Macau, and Taiwan[71] - The company plans to enhance innovation capabilities and promote the construction of a smart airport, focusing on new technology applications and energy conservation[73] - The company is committed to achieving high-quality development and implementing the "14th Five-Year Plan" for the civil aviation industry[68] Human Resources and Governance - The company focused on talent development and organizational optimization to enhance team capabilities and improve human resource management[34] - The company has established independent financial accounting systems and tax compliance, ensuring no unauthorized use of company resources by the controlling shareholder[87] - The company has a clear organizational structure with independent boards and management, ensuring operational independence[87] - The total remuneration for senior management includes 71.64万元 for the General Manager and 60.7万元 for the Deputy General Manager[89] - The company has maintained a consistent leadership structure, with many executives having served in their roles for five years or more[95] Challenges and Risks - Xiamen Airport faces significant risks in 2022 due to ongoing COVID-19 pandemic impacts, with international passenger recovery expected to take time[74] - The airport's operational capacity is constrained by limited airspace and ground resources, leading to a new normal of low growth[76] - The company anticipates challenges from newly constructed airports in the vicinity, which may negatively affect its passenger and cargo market growth[76] Shareholder and Financial Management - The company has implemented a cash dividend policy that aligns with its articles of association and shareholder resolutions, ensuring clarity in dividend standards and procedures[114] - The company aims to enhance shareholder returns by optimizing its return mechanism and ensuring long-term capital investment returns[126] - The total number of ordinary shareholders increased from 16,973 to 17,739 during the reporting period, representing a growth of approximately 4.5%[160] - The largest shareholder, Xiamen Xiangye Group Co., Ltd., holds 202,500,000 shares, accounting for 68.00% of the total shares[162] Audit and Compliance - The audit opinion confirmed that the financial statements fairly reflect the financial position and operating results of Xiamen Airport Company as of December 31, 2021[172] - The company has engaged an external auditor to assess the effectiveness of its internal controls, receiving a standard unqualified opinion on its internal control audit report[118] - The company has not faced any penalties from securities regulatory agencies in the past three years, indicating a strong compliance record[98]

Financial Performance - The company's operating revenue for Q3 2021 was CNY 274,323,112.56, a decrease of 22.54% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2021 was CNY 18,494,783.90, down 77.62% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 4,373,877.49, a decline of 94.02% compared to the previous year[5]. - The basic and diluted earnings per share for Q3 2021 were both CNY 0.0621, reflecting a decrease of 77.62% year-on-year[6]. - The weighted average return on equity was 0.48%, a decrease of 1.79 percentage points compared to the same period last year[6]. - The total operating revenue for the first three quarters of 2021 reached ¥1,017,326,701.69, an increase of 22% compared to ¥834,780,222.85 in the same period of 2020[21]. - The net profit for the first three quarters of 2021 was ¥183,301,084.09, representing a 68% increase from ¥109,143,952.11 in the same period of 2020[22]. - The profit attributable to shareholders of the parent company for the first three quarters of 2021 was ¥162,973,575.98, compared to ¥96,870,305.23 in the previous year, marking a 68% increase[23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,914,885,673.04, an increase of 6.41% from the end of the previous year[6]. - As of September 30, 2021, the total current assets amounted to approximately CNY 1.79 billion, an increase from CNY 1.53 billion at the end of 2020, reflecting a growth of about 17%[17]. - The total assets as of the end of the third quarter of 2021 amounted to ¥4,914,885,673.04, an increase from ¥4,734,924,767.19 at the end of the previous year[19]. - The total liabilities as of the end of the third quarter of 2021 were ¥794,737,664.90, compared to ¥746,556,713.14 at the end of the previous year[19]. - Current liabilities totaled CNY 734,645,534.21, slightly down from CNY 748,256,183.16 at the start of the year, a decrease of 1.8%[29]. - Non-current liabilities totaled 11,911,178.93, contributing to the overall liabilities[30]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 370,919,322.42, an increase of 40.99% compared to the same period last year[6]. - Operating cash inflow for the first three quarters of 2021 was CNY 1,318,125,991.52, up from CNY 914,735,568.78 in the same period of 2020, representing a growth of 44.2%[25]. - Net cash flow from operating activities increased to CNY 370,919,322.42 in 2021 from CNY 263,079,709.32 in 2020, marking a rise of 41.1%[25]. - Cash inflow from investment activities totaled CNY 2,906,784,806.12, compared to CNY 1,991,246,321.19 in the previous year, an increase of 46.0%[26]. - The net cash flow from investment activities was negative CNY 425,390,988.48, worsening from negative CNY 37,830,897.38 in 2020[26]. Shareholder Information - The company reported a total of 17,500 common shareholders at the end of the reporting period[12]. - The first major shareholder, Xiamen Xiangye Group Co., Ltd., holds 68% of the shares, indicating a strong control over the company[14]. - The company has not disclosed any significant changes in shareholder relationships or actions among the top ten shareholders during the reporting period[14]. Business Strategy and Operations - The company experienced a significant decline in net profit for Q3 due to the impact of the pandemic, which led to a decrease in revenue[10]. - The total revenue for Q3 2021 significantly decreased due to the impact of local COVID-19 outbreaks, leading to a notable decline in transportation production data[15]. - The company is actively introducing new business models, including cargo charter flights, to enhance operational efficiency amid pandemic challenges[15]. - The company has implemented cost-reduction and efficiency-improvement measures to mitigate the impact of the pandemic on operations[15]. - The company plans to expand its market presence and explore potential mergers and acquisitions to enhance growth opportunities[24]. - Research and development expenses were reported, indicating ongoing investment in innovation and new product development[22]. Compliance and Standards - The company adopted new leasing standards starting in 2021, impacting the financial statements[27]. - The company executed a new leasing standard from January 1, 2021, adjusting certain long-term prepaid expenses to "right-of-use assets"[30]. - The company recognized lease liabilities of 38,909,419.45 under the new leasing standard[30].

股票代码：600897 股票简称：厦门空港 公告编号：临 2021-024 元翔（厦门）国际航空港股份有限公司 关于参加2021年度厦门辖区上市公司投资者网上集体 接待日活动的公告 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个别及连带责任。 重要内容提示： 活动时间：2021 年 9 月 7 日(星期二)下午 15:00-17:00 活动网址：全景网投资者关系互动平台（http://ir.p5w.net） 活动方式：网络在线交流 一、活动类型 为加强与广大投资者的沟通和交流，元翔（厦门）国际航空港股份有限公司（以下 简称"公司"）将参加由厦门证监局、厦门上市公司协会联合深圳市全景网络有限公司 举办的"2021 年度厦门辖区上市公司投资者网上集体接待日"活动，本次活动将通过深 圳市全景网络有限公司提供的网上平台进行，投资者可以登录全景网投资者关系互动平 台（http://ir.p5w.net）参与在线交流。 二、活动时间、方式 1、活动时间：2021 年 9 月 7 日(星期二)下午 15:00-17:00 2、活动方式：网络互动，通 ...

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥743,003,589.13, representing a 54.60% increase compared to ¥480,609,471.17 in the same period last year[20]. - The net profit attributable to shareholders was ¥144,478,792.08, a significant increase of 915.93% from ¥14,221,299.23 in the previous year[20]. - The net cash flow from operating activities was ¥172,883,656.67, up 38.55% from ¥124,784,169.24 in the same period last year[20]. - Basic earnings per share for the first half of 2021 were ¥0.4851, a 914.85% increase from ¥0.0478 in the same period last year[21]. - The weighted average return on equity rose to 3.79%, an increase of 3.41 percentage points compared to 0.38% in the previous year[21]. - The company reported a significant increase in net profit after deducting non-recurring gains and losses, reaching ¥122,591,161.73 compared to a loss of ¥2,277,994.87 in the previous year[20]. - The company achieved a non-recurring profit of approximately 21.89 million, primarily from gains on financial assets and other non-operating income[23]. - The company reported a total revenue of 143,204.50 million with a profit of 3,904.76 million, indicating a significant operational scale[44]. - The company reported a total of 202,500,000 shares held by the largest shareholder, Xiamen Xiangye Group Co., Ltd.[80]. Operational Highlights - In the first half of 2021, the total transportation turnover of the civil aviation industry reached 46.5 billion ton-kilometers, with passenger traffic of 245 million and cargo mail traffic of 3.743 million tons, representing year-on-year growth of 45.4%, 66.4%, and 24.6% respectively[27]. - Xiamen Airport ranked 16th in the country for aircraft takeoffs and landings, 18th for passenger throughput, and 13th for cargo mail throughput during the first half of 2021[29]. - The company implemented measures to enhance operational quality and efficiency recovery, including optimizing resource allocation and introducing new business models such as cargo charter flights and passenger-to-cargo flight conversions[28]. - The company maintained a focus on safety management, enhancing safety capabilities and emergency response levels during the reporting period[31]. - The company emphasized the importance of pandemic prevention measures while striving for operational recovery and efficiency improvements[34]. - The company’s operational strategies include cost reduction and efficiency enhancement to improve overall airport operation performance[33]. - In the first half of 2021, the company ensured safe operations with 77,500 flights, a year-on-year increase of 40.06%, and a total passenger throughput of 9.5814 million, up 57.98%[35]. Financial Position - The total assets at the end of the reporting period were ¥4,877,367,081.15, reflecting a 3.01% increase from ¥4,734,924,767.19 at the end of the previous year[20]. - The net assets attributable to shareholders increased by 2.48% to ¥3,842,510,921.58 from ¥3,749,553,259.50 at the end of the previous year[20]. - The total liabilities and equity at the end of June 2021 amounted to CNY 4,096,612,420.77, indicating a balanced financial position[108]. - The company reported a total of CNY 1,339,061,188.65 in total liabilities, compared to CNY 964,683,153.68, indicating a rise of approximately 38.9%[92]. - The company's retained earnings increased to CNY 2,448,019,474.36 from CNY 2,393,080,243.15, showing a growth of about 2.3%[92]. Market and Business Development - The company has not disclosed any plans for new products, technologies, or market expansions in this report[6]. - The company aims to enhance customer experience and service quality through innovative management practices and a focus on creating differentiated value[32]. - The company has actively introduced new business models, including cargo charter flights, to enhance operational income and investment returns[37]. - The company is leveraging national policies such as the "Belt and Road" initiative and the development of the Fujian Free Trade Zone to create favorable external conditions for growth[46]. - The company plans to continue expanding its market presence and investing in new technologies to sustain growth in the upcoming periods[95]. Social Responsibility and Community Engagement - The company has donated over 500,000 books to more than 376 rural primary schools across various regions including Fujian, Tibet, Gansu, and Xinjiang[56]. - More than 10,000 rural primary school teachers and students have benefited from the company's educational initiatives[56]. - The company has organized over 200 outreach events to support rural education and has trained over 1,000 rural teachers[56]. - The company has implemented a "care and mutual assistance fund" to support employees in need, reflecting its commitment to social responsibility[57]. - The company has actively participated in pandemic prevention efforts, establishing itself as the third largest inbound port in China during the COVID-19 pandemic[57]. Environmental Initiatives - The company has initiated several energy-saving projects, including LED lighting and central air conditioning upgrades, contributing to significant reductions in carbon emissions[55]. - The company is actively promoting the use of electric vehicles and alternative power sources to reduce environmental pollution and enhance social and environmental benefits[55]. - The company has completed its carbon emission compliance work on time for four consecutive years, positioning itself as a leader in carbon management in Fujian Province[55]. Governance and Compliance - The financial statements were approved for release on August 30, 2021, ensuring compliance with regulatory requirements[116]. - The company operates under a governance structure that includes a shareholders' meeting, board of directors, and supervisory board, ensuring effective oversight[114]. - The company has assessed its ability to continue as a going concern for the next 12 months and found no issues affecting this capability[117]. - The financial statements prepared by the company comply with the requirements of the enterprise accounting standards, reflecting the financial position, operating results, changes in shareholders' equity, and cash flows accurately[119].

Financial Performance - In 2020, the company's operating revenue was CNY 1,225,197,599.23, a decrease of 31.37% compared to CNY 1,785,330,954.35 in 2019[20] - The net profit attributable to shareholders was CNY 171,395,194.05, down 66.93% from CNY 518,327,930.54 in the previous year[20] - The basic earnings per share decreased to CNY 0.5755, a decline of 66.93% compared to CNY 1.7405 in 2019[22] - The company's total assets increased by 3.92% to CNY 4,734,924,767.19 at the end of 2020, compared to CNY 4,556,114,871.40 at the end of 2019[21] - The net cash flow from operating activities was CNY 473,182,632.72, a decrease of 35.43% from CNY 732,836,621.21 in 2019[21] - The weighted average return on equity decreased to 4.58%, down 9.55 percentage points from 14.13% in 2019[22] - The net assets attributable to shareholders at the end of 2020 were CNY 3,749,553,259.50, a slight increase of 0.37% from CNY 3,735,892,728.73 at the end of 2019[21] - The total operating costs for 2020 were CNY 1,029,798,479.28, down 7.8% from CNY 1,116,561,548.75 in 2019[186] - Operating profit for 2020 was CNY 252,096,536.84, a decline of 64.7% from CNY 712,702,785.53 in 2019[186] Cash Flow and Investments - The company reported a cash dividend of CNY 1.73 per 10 shares for 2020, representing 30.06% of the net profit attributable to shareholders[84] - Cash received from investment recoveries rose by 53.66% to ¥2,454,000,000.00, attributed to the recovery of more bank financial products[58] - The company received CNY 2,454,000,000.00 from investment cash inflows in 2020, an increase from CNY 1,597,000,000.00 in 2019[193] - The net cash flow from investment activities was -¥272,612,311.97, an improvement from -¥510,415,625.97 in 2019[194] - The total cash inflow from investment activities was ¥2,488,047,726.03, up from ¥1,623,934,113.83 in the previous year, indicating a significant increase of 53.2%[194] Operational Highlights - The total passenger throughput for the year was 85.72 million, a decrease of 36.6% compared to the previous year, highlighting the impact of the COVID-19 pandemic on the aviation industry[30] - The company maintained its position as a leading airport in the Haixi region, ranking 14th nationally in passenger throughput and 13th in cargo throughput[32] - The company implemented various measures to enhance flight punctuality and resource utilization, contributing to a gradual recovery in transportation production[36] - The company actively engaged in pandemic prevention and recovery efforts, balancing safety measures with operational resumption[37] - The company focused on safety management and risk control, ensuring stable and safe operations throughout the year[34] Shareholder and Dividend Information - The company distributed cash dividends totaling CNY 381,196,800, with a payout of CNY 12.80 per 10 shares[81] - The company plans to distribute at least 30% of its annual net profit as cash dividends from 2019 to 2021, ensuring sustainable returns to shareholders[82] - The largest shareholder, Xiamen Xiangye Group Co., Ltd., holds 202,500,000 shares, accounting for 68.00% of total shares[124] - The total number of ordinary shareholders increased from 17,331 to 19,779 during the reporting period[122] Risk Management and Future Outlook - The company has outlined potential risks in its future development strategy, which investors should be aware of[7] - The company faces risks from ongoing global economic uncertainties and potential impacts from new airport constructions in the region[77] - The company anticipates that the civil aviation industry will play a more strategic role in China's economic development during the 14th Five-Year Plan period[70] - The company recognizes opportunities from national policies such as the "Belt and Road" initiative and aims to leverage these for growth[78] Corporate Governance and Management - The company has a clear governance structure with defined roles for its board members and management[134] - The management team is composed of professionals with backgrounds in finance, law, and operations, contributing to a well-rounded leadership[132] - The total compensation for all directors, supervisors, and senior management at the end of the reporting period amounted to 4.5725 million yuan[136] - The company has not reported any significant internal control deficiencies during the reporting period[160] Social Responsibility and Environmental Initiatives - The company invested a total of RMB 50 million in targeted poverty alleviation efforts, with an additional RMB 145 million in material support[113] - The company has implemented significant energy-saving measures, including LED lighting upgrades and the use of electric vehicles, contributing to substantial reductions in environmental pollution[116] - The company actively participated in social responsibility initiatives, including public welfare activities such as "shared bicycle rectification" and "old clothes recycling"[116]