Core Points - Shenzhen Airport has implemented a new regulation starting June 28, prohibiting passengers from carrying power banks without 3C certification, unclear 3C markings, or recalled models on domestic flights [1][2] - The airport has taken multiple measures to ensure smooth operations while enforcing the new rules, including increased personnel and various communication methods to inform travelers [1] - Passengers can choose to return, abandon, or temporarily store non-compliant power banks for up to 7 days at designated counters [1][2] Summary by Sections Regulation Implementation - The new regulation aims to enhance civil aviation safety by restricting certain power banks from being carried on flights [2] - The regulation specifically targets power banks, while other battery-containing products will continue to follow existing rules [2] Passenger Assistance - Shenzhen Airport has set up dedicated counters for the temporary storage and abandonment of non-compliant power banks [1] - Additional staff have been deployed in security areas to assist passengers in identifying compliant power bank models [1] Waste Management - All abandoned power banks will be collected and managed uniformly, with proper disposal conducted by qualified hazardous waste treatment agencies to prevent safety hazards [2]

Core Points - Shenzhen Bao'an International Airport has implemented new regulations regarding the carrying of power banks starting June 28, as mandated by the Civil Aviation Administration of China [1] - Non-compliant power banks, including those without a clear 3C mark or those that have been recalled, are prohibited from being taken on domestic flights [1] - The airport will provide a free storage service for non-compliant power banks for up to 7 days, with specific procedures for retrieval [1][2] Summary by Category - **Regulations** - Travelers are banned from carrying power banks that do not meet compliance standards, including those lacking a 3C mark or those that have been recalled [1] - Power banks with a clear energy rating and no damage can be carried if they do not exceed 100Wh without airline approval; those between 100Wh and 160Wh require airline approval [2] - **Storage Services** - Shenzhen Airport offers a 7-day free storage service for non-compliant power banks, located at the check-in island B tail counter [1] - Travelers must present a receipt to retrieve their stored power banks within the specified time frame, or they will be treated as abandoned [1] - **Recall Procedures** - Travelers with recalled power banks from specific brands can follow the established process to return them at designated counters [1][2] - The airport advises travelers to consult courier services in advance, as local courier companies currently do not accept power bank deliveries [1] - **Safety Measures** - Abandoned power banks will be collected by airport security and sent to a qualified hazardous waste treatment center for proper disposal [2] - The regulations specifically target power banks, while other battery-containing products will continue to be checked under existing standards [2]

Core Viewpoint - Shenzhen Airport has launched two new island tourism routes to Zhuhai's Guishan Island and Dong'ao Island, enhancing the region's tourism offerings and supporting the goal of becoming a world-class tourist destination [1][2]. Group 1: New Routes and Destinations - The new routes connect Shenzhen Airport to two popular islands in Zhuhai, Guishan Island and Dong'ao Island, both recognized as top tourist destinations [2]. - Guishan Island is the largest and most developed island in the Wanshan Archipelago, featuring numerous tourist attractions and comprehensive hospitality services [2]. - Dong'ao Island is known for its beautiful coastal scenery and has developed a unique vacation rental and high-end hotel landscape [2]. Group 2: Operational Details - The round-trip service from Shenzhen Airport to Guishan Island will operate one round trip daily with two departures, priced at 160 RMB per adult for a single journey [2]. - The service to Dong'ao Island will also operate one round trip daily with two departures, priced at 200 RMB per adult for a single journey [2]. - Initial ticket purchases will offer discounts, and travelers can check schedules and purchase tickets through online platforms and at the terminal [2]. Group 3: Broader Tourism Strategy - The new routes are part of a broader strategy to integrate tourism resources in the Greater Bay Area, creating a multi-faceted travel experience that includes scenic views of bridges and tunnels [3]. - The water transport network from Shenzhen Airport now connects to multiple destinations, enhancing the "one-hour living circle" concept in the Greater Bay Area [3]. - Future plans include leveraging the airport's comprehensive transport capabilities to develop more integrated tourism products, further enhancing the region's appeal as a world-class tourist destination [3].

Core Points - The appointment of Shu Yumin as the new Secretary of Bao'an District marks a significant leadership change, emphasizing a hands-on approach to development and project management [1][2] - Shu Yumin has a diverse background in finance, regional governance, and aviation management, which positions him well to drive economic growth and infrastructure development in Bao'an District [1][2] Company Overview - Shu Yumin previously served as the Chairman of Shenzhen Airport Group, where he oversaw critical projects such as the third runway and T2 terminal, contributing to the airport's transformation into a value hub [2] - Under Shu's leadership, Shenzhen Airport achieved record-breaking metrics in 2024, with passenger throughput reaching 61.48 million, cargo volume at 1.881 million tons, and flight operations totaling 428,000, making it the fourth airport in mainland China to surpass the 60 million passenger mark [2]

Core Viewpoint - The innovative dual-sided screen developed by Shenzhen-based company, Unilumin Technology, has gained significant attention on social media, showcasing the power of "hard technology" in enhancing consumer experiences in urban settings [1][3]. Group 1: Product Innovation - The UslimS2 series, designed specifically for high-level transportation hubs, has achieved breakthroughs in weight, safety, and energy consumption, demonstrating how "hard technology" can elevate consumer, cultural, and entertainment experiences [3][4]. - The product's weight has been reduced by over 40%, thickness compressed to 48.2 mm, and energy consumption lowered by 45%, while passing multiple safety tests including fire, shock, and drop resistance [5][4]. - The design incorporates features such as a heat dissipation system, anti-short circuit circuits, and a magnetic module that does not attract dust, ensuring reliability in high-traffic environments [5][10]. Group 2: Market Response and Expansion - Following the identification of customer needs in February 2023, the project was initiated in April, with the first sample completed by July 2023, and deployment scheduled for 2024 at the Baoan Airport departure hall [7][8]. - The product has attracted procurement interest from various transportation hubs across the country, indicating a strong market demand for high-end transportation solutions [7][11]. Group 3: Industry Positioning and Strategy - Unilumin Technology has transitioned from merely selling products to offering comprehensive system solutions, reflecting a shift in customer expectations towards integrated solutions that perfectly fit specific scenarios [10][8]. - The company invests 5% of its annual revenue in R&D, with nearly 20% of its workforce dedicated to research, enabling it to respond swiftly to market demands and introduce over 10 new products each year [10][12]. - The rise of Unilumin Technology is part of a broader trend in Baoan, where local manufacturers are achieving technological breakthroughs and brand premiumization, contributing to the region's shift from "manufacturing" to "intelligent manufacturing" [11][12].

Core Viewpoint - The recent data from major airports in Shanghai, Shenzhen, and Guangzhou indicates a continued growth in passenger throughput, particularly in international routes, which is a significant driver for performance recovery [1][2] Group 1: Passenger Traffic Growth - In May, Shanghai Airport reported a passenger throughput of 7.0742 million, a year-on-year increase of 13.03%, with international passenger traffic growing by 25.8% [2] - Shenzhen Airport recorded a passenger throughput of 5.5387 million, up 15.67%, with international routes seeing a substantial increase of 30.99% [2] - Guangzhou Baiyun Airport had a passenger throughput of 6.8636 million, a 14.27% increase, with international passenger traffic rising by 19.87% [2] Group 2: Factors Driving Growth - The combination of the "Labor Day" and "Dragon Boat Festival" holidays in May led to a surge in travel demand, supported by stable flight availability [1] - The implementation of visa-free policies and payment conveniences for inbound travelers has enhanced the attractiveness of China as a travel destination [1][2] Group 3: Financial Performance Improvement - Shanghai Airport's revenue for 2024 is projected to be nearly 12.4 billion, a 12% increase, with net profit expected to reach 2 billion, doubling year-on-year [3] - In Q1 2025, Shanghai Airport reported revenues exceeding 3 billion and net profits over 500 million, reflecting a nearly 35% year-on-year growth [3] Group 4: Challenges and Strategic Responses - Despite the recovery in passenger throughput, international passenger numbers and duty-free sales have not fully returned to pre-2019 levels, impacting overall performance [3] - Airports are focusing on enhancing connectivity with international hubs and expanding routes to Southeast Asia, the Middle East, and other regions to recover international passenger volumes [4] - Airports are also encouraged to improve service quality and explore non-aeronautical revenue streams such as retail and dining to boost profitability [4]

Core Viewpoint - Shenzhen Airport Co., Ltd. has announced its profit distribution plan for the fiscal year 2024, which includes a cash dividend of 1.2 RMB per 10 shares, approved by the shareholders' meeting held on June 6, 2025 [1][2]. Summary by Sections Profit Distribution Plan - The profit distribution plan is based on a total share capital of 2,050,769,509 shares as of December 31, 2024, with a total cash dividend payout amounting to 2.46 billion RMB [1][2]. Dividend Details - Each shareholder will receive a cash dividend of 1.2 RMB per 10 shares (before tax). For specific categories of investors, such as those holding shares through the Hong Kong market or certain funds, the dividend will be adjusted to 1.08 RMB per 10 shares after tax considerations [1][2]. Key Dates - The record date for the dividend distribution is set for June 26, 2025, and the ex-dividend date is June 27, 2025 [2]. Eligible Shareholders - The dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, as of the close of trading on June 26, 2025 [2]. Distribution Method - The cash dividends will be directly credited to the shareholders' accounts through their respective securities companies or custodians starting from June 27, 2025 [2].

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 深圳市机场股份有限公司（以下简称"公司"或"本公司"）2024 年度权益 分派方案已经 2025 年 6 月 6 日召开的 2024 年年度股东大会审议通过，现将利润 分配事宜公告如下： 一、股东大会审议通过利润分配方案等情况 1、2025 年 6 月 6 日，公司 2024 年年度股东大会审议通过了《公司 2024 年 度利润分配议案》：以公司 2024 年 12 月 31 日总股本 2,050,769,509 股为基数， 每 10 股分派现金股利 1.2 元（含税），共计派发现金股利总额为人民币 246,092,341.08 元。2024 年度公司不送红股，不进行资本公积金转增股本。 2、自分配方案披露至实施期间公司总股本未发生变化；若在权益分派股权 登记日前公司总股本发生变化的，公司将按照分配总额不变的原则对分配比例进 行调整。 证券代码：000089 证券简称：深圳机场 公告编号：2025-028 深圳市机场股份有限公司 2024年年度权益分派实施公告 3、本次实施的分配方案与公司 2024 年年度股东大 ...

Investment Rating - The industry investment rating is "Positive" [5] Core Insights - The overall passenger load factor remains high, indicating a recovery in demand compared to the previous year [1][9] - Domestic airlines have increased capacity by 2.8% year-on-year and 4.8% month-on-month in May, driven by seasonal demand from the May Day holiday [2][13] - The passenger load factor for domestic routes improved by 0.6 percentage points month-on-month and approximately 2.8 percentage points year-on-year [29][37] - International routes saw a 20.3% year-on-year increase in capacity, although the growth rate has slowed due to a higher base from the previous year [4][48] - The overall load factor for international routes increased by 3.4 percentage points year-on-year, despite a 1.1 percentage point decrease month-on-month [4][48] Summary by Sections Domestic Routes - Capacity for domestic routes increased by 2.8% year-on-year and 4.8% month-on-month in May, with major airlines showing over 5% growth in capacity due to seasonal factors [2][14] - The overall passenger load factor for domestic airlines rose to 92% in May, recovering from a dip below 90% in April [36][43] - Major airlines have stabilized their ticket sales strategies, contributing to a more predictable pricing environment [3][10] International Routes - International capacity increased by approximately 20.3% year-on-year, with a 1.0% increase month-on-month, indicating a gradual recovery [4][48] - The load factor for international routes improved significantly year-on-year, primarily due to a low base from the previous year [4][48] - The industry anticipates continued pressure on international routes due to capacity management in domestic routes, which may lead to an oversupply situation [50] Airport Throughput - Major airports such as Shanghai and Shenzhen reported significant year-on-year increases in international passenger throughput, with growth rates of 25% and 31% respectively [55][63] - Compared to 2019, international throughput at these airports has also shown strong recovery, indicating a robust rebound in international travel [55][63]

Group 1 - Iran's armed forces shot down an F-35 fighter jet, with Israel's military claiming unawareness of the incident [2] - Israeli Prime Minister Netanyahu stated that Israel has killed 10 Iranian senior nuclear scientists and will continue targeting Iranian nuclear objectives [2] - 21 countries condemned Israel's actions in the ongoing conflict with Iran [2] Group 2 - The National Medical Products Administration of China announced a "30-day fast-track approval channel" for innovative drug clinical trials to enhance the efficiency of drug development [3] - The initiative aims to support key national research projects and encourage international multi-center clinical trials [3] Group 3 - Domestic fuel prices are expected to rise for the fifth time this year, with predictions of an increase of 230 yuan per ton for gasoline and diesel [4] - The rise in oil prices is attributed to strong international crude oil prices and tensions in the Middle East [4] Group 4 - Goldman Sachs identified a group of ten leading Chinese private enterprises, dubbed the "Ten Giants of Chinese Private Enterprises," which are expected to strengthen their market positions [5] - The report suggests that these companies could mirror the dominance of the U.S. tech giants [5] Group 5 - Circle's CEO indicated that the moment for stablecoins to gain widespread recognition is approaching, akin to the "iPhone moment" for programmable digital currencies [6] - The potential for stablecoins to lower costs for fintech startups was highlighted, suggesting increased competition and better user experiences [6] Group 6 - A wave of control changes is occurring in A-shares, with 63 companies planning ownership changes since 2025, indicating a significant acceleration in capital consolidation [7] - The current wave differs from previous ones, with a more mature and rational market response [7] Group 7 - Trump announced a delay in sanctions against Russia to facilitate negotiations, while Russia's Foreign Ministry expressed hope for a quick resolution [8] Group 8 - Public funds are focusing on new economic sectors for the second half of the year, with expectations of a market rebound driven by supportive policies and domestic consumption [9] - The anticipated easing of U.S. trade policies is expected to reduce negative impacts on the economy [9] Group 9 - Haitai Flavor Industry's H-shares are set to list on June 19, with over 930 times subscription, raising approximately 10.1 billion HKD [10] - The company will issue 263 million H-shares, with a significant portion allocated for international investors [10] Group 10 - Midea Group announced a share repurchase plan of up to 10 billion yuan, aiming to buy back at least 50 million shares [11] - The repurchased shares will be used for capital reduction and employee incentive plans [11] Group 11 - Yunlu Co. reported that its chairman was detained, but the company stated that this would not significantly impact its operations [12][13] - The company continues to operate normally despite the chairman's absence [12][13] Group 12 - Ant Group is applying for stablecoin licenses in Hong Kong and Singapore, aiming to leverage blockchain technology for financial applications [14] - The company is accelerating investments in global asset management and partnerships [14] Group 13 - China's quantum measurement and control system has been delivered, indicating progress in quantum computing [15] - Various sectors are experiencing positive developments, including the IP economy and tourism-related industries [15] Group 14 - A-shares showed a positive trend with major indices closing higher, driven by gains in technology and financial sectors [16] - The market remains resilient despite geopolitical tensions, with significant movements in large tech stocks [16] Group 15 - European stock indices also reported gains, reflecting a positive sentiment in the market [17] Group 16 - The outlook for the second half of the year is optimistic, with expectations of a rebalancing in global assets and continued policy support [18] - Fund managers are focusing on structural opportunities in the market, particularly in technology and cyclical sectors [19] Group 17 - A new domestic insulation materials company is set to launch an IPO, indicating ongoing market activity [20] Group 18 - China Eastern Airlines reported a 15.43% increase in passenger turnover in May, reflecting recovery in the aviation sector [27] - Shenzhen Airport also saw a 15.67% increase in passenger throughput, indicating growth in travel demand [29] Group 19 - Huayue Care announced plans to reduce shareholding by up to 1.07 million shares due to funding needs [30][31] Group 20 - Baida Qiancheng signed a licensing agreement with Mango TV for a series of film and television productions, valued at 372 million yuan [32] - China Energy Construction won a bid for a project worth approximately 5 billion yuan, showcasing ongoing infrastructure investments [33]