《中国民航报》、中国民航网 记者贾璞瑜 报道：12月11日，随着一批总重约2.3吨的电子产品经由深圳 机场出海，深圳机场2025年国际及地区货邮吞吐量突破100万吨，由此成为中国内地第三个年进出口货 量破百万吨的内地机场。在国内、国际货运业务双轮驱动下，深圳机场今年全年总货量预计将首次突破 200万吨，实现枢纽能级再跃升。 作为深圳对外开放的门户，机场年进出口货量首次突破百万吨大关，既是深圳机场货运业务高质量发展 和枢纽能级跃升的重要标志，也要是深圳持续扩大高水平对外开放的重要成果，展现了深圳作为中 国"外贸第一城"的发展活力，也为深圳经济向"新"而行、向"高"攀登、向"外"竞逐提供了澎湃动能。 国际及地区货运通航点达43个 覆盖全球五大洲 近年来，深圳机场加快高水平空港型国家物流枢纽建设，聚焦服务深圳产业发展和深圳制造出海，发力 国际业务拓展，提升枢纽中转能力，优化航空物流生态，打造"全球123快货物流圈"，持续为粤港澳大 湾区与全球经贸往来"拓通道、提速度"。截至目前，深圳机场的货运通航点数量达到63，其中国际及地 区货运通航点达到43个，覆盖全球五大洲、27个国家和地区。 据悉，今年以来，深圳机场凭借优 ...

Group 1 - The core viewpoint of the article highlights the significant upgrades at Shenzhen Bao'an International Airport in preparation for the 2026 APEC "China Year," including new terminals, runways, and flight routes [1][3][31] - The airport's passenger throughput has exceeded 61.55 million, surpassing last year's total a month early, with expectations to cross 65 million for the year [3][5] - Shenzhen Airport is positioned to meet future demands with a planned capacity of 80 million passengers and 4.5 million tons of cargo annually [3][18] Group 2 - The introduction of the third runway marks a new operational capacity level, significantly improving flight efficiency and reducing congestion [4][9][13] - The third runway, part of a major national project, is 3,600 meters long and will enhance the airport's ability to handle large aircraft, optimizing operational efficiency [7][9] - The airport's cargo throughput has seen a 9.9% year-on-year increase, with international cargo growing by 11.59%, reflecting its strong connection to the manufacturing base in the Pearl River Delta [20][22] Group 3 - The airport's upgrades are designed to support the growing cross-border e-commerce and manufacturing sectors, establishing a more efficient logistics network for global trade [15][20] - Shenzhen Airport is becoming a key logistics hub, with 63 all-cargo destinations, including 43 international and regional points, expected to exceed 200,000 tons of cargo throughput by 2025 [20][22] - The airport is enhancing its service capabilities for high-value industries, including cross-border e-commerce and advanced manufacturing, to strengthen its role in global supply chains [20][22] Group 4 - The upcoming APEC meeting in 2026 positions Shenzhen as a focal point for international diplomacy, with the airport serving as the primary gateway for global guests [25][27] - The expansion of international and regional flight routes, including 27 new or enhanced routes this year, aims to facilitate efficient access for APEC delegates [29][31] - The airport's upgrades are part of Shenzhen's broader strategy to enhance its global connectivity and support national diplomatic initiatives [31]

Core Insights - The aviation and airport sector saw a rise of 1.14% on December 10, with HNA Holding leading the gains [1] - The Shanghai Composite Index closed at 3900.5, down 0.23%, while the Shenzhen Component Index closed at 13316.42, up 0.29% [1] Stock Performance - HNA Holding (600221) closed at 1.80, up 4.05% with a trading volume of 8.32 million shares [1] - Shanghai Airport (600009) closed at 32.39, up 1.73% with a trading volume of 147,300 shares [1] - Southern Airlines (600029) closed at 6.98, up 1.16% with a trading volume of 258,000 shares [1] - Shenzhen Airport (000089) closed at 6.98, up 1.01% with a trading volume of 88,900 shares [1] - China National Aviation (601111) closed at 8.24, up 0.73% with a trading volume of 306,800 shares [1] - Baiyun Airport (600004) closed at 9.71, up 0.62% with a trading volume of 108,200 shares [1] - Huaxia Airlines (002928) closed at 10.02, up 0.60% with a trading volume of 120,500 shares [1] - Juneyao Airlines (603885) closed at 13.48, up 0.60% with a trading volume of 123,400 shares [1] - China Eastern Airlines (600115) closed at 5.08, up 0.59% with a trading volume of 473,000 shares [1] - CITIC Offshore Helicopter (000099) closed at 20.18, up 0.30% with a trading volume of 56,600 shares [1] Capital Flow - The aviation and airport sector experienced a net outflow of 3.6965 million yuan from institutional investors, while retail investors saw a net inflow of 8.92532 million yuan [2] - The overall capital flow indicates a mixed sentiment among different investor types within the sector [2] Individual Stock Capital Flow - HNA Holding saw a net inflow of 14.2 million yuan from institutional investors, but a significant outflow of 85.3144 million yuan from retail investors [3] - China Eastern Airlines had a net inflow of 23.1458 million yuan from institutional investors, with retail investors also experiencing a net outflow [3] - China National Aviation had a net inflow of 9.8210 million yuan from institutional investors, while retail investors had a net inflow of 660.88 million yuan [3] - Baiyun Airport had a net inflow of 3.9543 million yuan from institutional investors, but retail investors faced a net outflow [3] - Huaxia Airlines had a net inflow of 3.0489 million yuan from institutional investors, with retail investors showing a slight net inflow [3]

Core Insights - Shenzhen Airport reported a passenger throughput of 5.6893 million in November 2025, representing a year-on-year increase of 8.77% [1] - The airport's total passenger throughput for the year reached 61.554 million by December 5, surpassing the total for 2024 of 61.477 million, with an expectation to exceed 65 million by year-end [1] - The newly operational third runway has facilitated over 200 flight takeoffs and landings within its first week of use [1] Passenger Traffic Breakdown - Domestic passenger throughput in November was 5.1398 million, up 7.50% year-on-year [1] - Regional passenger throughput reached 47,700, showing a significant increase of 23.73% [1] - International passenger throughput was 501,800, reflecting a growth of 22.14% compared to the previous year [1] Operational Developments - The third runway at Shenzhen Airport was put into operation, marking a new phase in the airport's development [1] - The runway's operational efficiency is demonstrated by the handling of over 200 flights in just one week [1]

Core Viewpoint - The Shenzhen International Airport's pilot project for building a high-quality innovative international aviation hub has passed the acceptance review, indicating that the project has met its expected goals and has significant innovative and demonstrative value for the development of international aviation hubs and the Guangdong-Hong Kong-Macao Greater Bay Area [1][3]. Group 1: Pilot Project Achievements - The pilot project has improved the domestic and international route network layout of Shenzhen Airport, enhanced digital transformation, and advanced the development of the aviation logistics industry [1]. - The project has led to significant improvements in airport operational efficiency and management levels, as well as enhanced service quality [1]. - The pilot's outcomes are recognized for their innovation and leadership, providing a model for optimizing passenger travel experiences and smart logistics construction [1][3]. Group 2: Smart Operations and Services - Shenzhen has established a smart airport application architecture consisting of "one screen, three maps, eight platforms, and N systems," supporting over 70 smart applications [2]. - The intelligent allocation system for parking positions has been upgraded, allowing for the allocation of over 1,200 flights within 2 minutes, with a bridge arrival rate exceeding 85% [2]. - New facilities such as shower rooms and sleep pods have been introduced, along with a one-stop service center for foreign personnel, enhancing the overall passenger experience [2]. Group 3: Smart Logistics Development - Shenzhen has successfully built a smart cargo security inspection system, utilizing the world's first radiation-type X-ray computed tomography inspection system for air cargo [2]. - The system allows for efficient tracking of cargo with unique barcodes, enabling domestic tracking at the item level and international tracking at the waybill level [2]. - This development supports emerging industries such as cross-border e-commerce and fresh cold chain logistics, enhancing the economic role of the aviation hub [3]. Group 4: Broader Implications - The acceptance of the pilot project signifies national recognition of Shenzhen's innovative path in aviation hub construction [3]. - The project is not limited to airport construction but integrates the aviation hub with urban industrial development, aligning international route expansion with the global needs of high-end manufacturing in the Greater Bay Area [3]. - As Shenzhen Airport's capacity continues to grow, it is expected to further drive the development of the airport-related industrial cluster and support Shenzhen's high-level opening-up [3].

Core Points - Shenzhen Airport has successfully launched a direct flight route to Tawau, Malaysia, marking the 60th international passenger route and restoring the airport's international and regional passenger route count to historical peak levels [1] - The airport has opened and enhanced 27 international passenger routes this year, connecting to 60 cities across five continents, with plans to launch a direct flight to Melbourne, Australia [1] - The number of inbound and outbound passengers at Shenzhen Airport has exceeded 6 million in the first 11 months of the year, a 23.4% year-on-year increase, with foreign passenger numbers rising by 44% and visa-free foreign arrivals increasing by 131.8% [1] Industry Developments - With the official operation of the third runway, Shenzhen Airport's annual passenger capacity is expected to reach 80 million, supporting the city's efforts to enhance its global influence and contribute to the construction of a world-class airport cluster in the Guangdong-Hong Kong-Macao Greater Bay Area [2] - The airport aims to improve hardware facilities, optimize personnel inspection processes, implement customs policies, and provide efficient services to elevate its role as an aviation hub and support high-level opening and high-quality development [2]

Group 1 - Rhein Biotech and Jia Mei Packaging's controlling shareholders are planning changes in company control, with trading suspension starting from December 10, 2025, for Rhein Biotech expected to last no more than 10 trading days and for Jia Mei Packaging no more than 2 trading days [1][2] - Rhein Biotech intends to acquire at least 80% of Beijing Jinkangpu Food Technology Co., Ltd. through a combination of issuing shares and cash payment, which will make Beijing Jinkangpu a subsidiary included in the consolidated financial statements [1] - Jia Mei Packaging's controlling shareholder is also in discussions regarding a potential change in control, with specific transaction details still under negotiation [2] Group 2 - Haiguang Information has terminated its plan to merge with Zhongke Shuguang through a share exchange, as approved in a board meeting on December 9, 2025 [3] - Huatai Medical plans to repurchase shares with a total amount not less than RMB 200 million and not exceeding RMB 250 million, with a repurchase price cap of RMB 315 per share [4] - Songcheng Performing Arts and Jingu Co., Ltd. also announced share repurchase plans, with Songcheng aiming for a total of RMB 100 million to RMB 200 million and Jingu targeting RMB 30 million to RMB 60 million [4] Group 3 - Xiamen Airport is planning to acquire 100% of the shares of Zhaoxiang Technology, a wholly-owned subsidiary of its controlling shareholder, Xiamen Xiangye Group [5] - Borui Communication intends to acquire 51% of Meijing Technology from related parties for a total price of RMB 66.49 million [6] - Gu Ao Technology's actual controller is planning a change in control, with trading suspension starting from December 8, 2025, and expected to last no more than 3 trading days [6] Group 4 - ST Kevin's application to revoke the risk warning on its stock has been approved, with trading suspension for one day on December 10, 2025, and resuming trading on December 11, 2025 [6] - Huailun Crystal's stock will be suspended for one day starting December 10, 2025, due to false disclosures in its annual reports for 2021 and 2022 [7] - The stock of Jia Ao Environmental Protection will also be suspended for one day on December 10, 2025, due to an administrative penalty notice received from the regulatory authority [12] Group 5 - The company Yongmota plans to invest approximately RMB 400 million in a new project for magnesium-aluminum alloy components for the automotive and robotics industries [20] - ST Ningke is executing a capital reserve transfer plan to increase its share capital, with a total share increase from 684.88 million to 1.62 billion shares [21] - Yingpais plans to increase its shareholding through a combination of bank loans and self-funding, with a total investment of no less than RMB 60 million and no more than RMB 120 million [22]

Core Viewpoint - Shenzhen Airport (000089.SZ) reported significant growth in passenger volume, cargo volume, and flight operations in November, indicating a positive trend in the aviation sector. Group 1: Passenger Volume - The passenger volume for November reached 5.6893 million, representing a year-on-year increase of 8.77% [1] Group 2: Cargo Volume - The cargo and mail volume amounted to 186,700 tons, showing a slight year-on-year growth of 0.20% [1] Group 3: Flight Operations - The number of flight takeoffs and landings was 37,868, which reflects a year-on-year increase of 3.42% [1]

Core Viewpoint - Shenzhen Airport reported an increase in passenger throughput and flight operations for November, indicating a positive trend in air travel demand and operational performance [1] Passenger Traffic - The passenger throughput for November reached 5.6893 million, representing a year-on-year growth of 8.77% [1] Cargo and Mail Volume - The cargo and mail throughput was 186,700 tons, showing a slight year-on-year increase of 0.20% [1] Flight Operations - The number of flight takeoffs and landings totaled 37,868, which is a year-on-year increase of 3.42% [1]

Core Viewpoint - Shenzhen Airport reported significant growth in passenger and cargo throughput for November, indicating a positive trend in operational performance [1] Group 1: Passenger Traffic - The passenger throughput for November reached 5.6893 million, representing a year-on-year increase of 8.77% [1] - This growth in passenger numbers suggests a recovery in travel demand and operational capacity [1] Group 2: Cargo and Mail Traffic - The cargo and mail throughput was 186,700 tons, showing a slight year-on-year increase of 0.20% [1] - The modest growth in cargo volume indicates stable logistics operations despite potential market fluctuations [1] Group 3: Flight Operations - The number of flight takeoffs and landings totaled 37,868, which is a year-on-year increase of 3.42% [1] - This increase in flight operations reflects enhanced connectivity and operational efficiency at the airport [1]