Core Insights - Shenzhen Airport Group and Shun Tak Group have launched a new ferry route connecting Shenzhen Airport Terminal to Macau Outer Harbour Terminal, marking a significant collaboration in cross-border maritime services [1] - The new route aims to enhance connectivity between Shenzhen, Hong Kong, and Macau, promoting the accelerated integration of the Guangdong-Hong Kong-Macau Greater Bay Area [1] - The ferry service, operated by Shun Tak's subsidiary, Shun Tak-China Travel Shipping Management, has a one-way travel time of approximately 70 minutes, with three daily round trips now available [1]

证券代码：000089 证券简称：深圳机场 公告编号：2025-054 深圳市机场股份有限公司 2025年第二次临时股东大会决议公告 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。 特别提示 1.本次股东大会无否决议案的情形。 2.本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1.召开时间 （1）现场会议时间：2025年11月21日（星期五）14:30 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的时间为2025年 11月21日09:15-09:25,09:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系 统投票的时间为2025年11月21日09:15至15:00。 2.现场会议召开地点：深圳宝安国际机场T3商务办公楼A座802会议室 3.召开方式：本次会议采用现场表决与网络投票相结合的方式召开 4.召集人：公司第八届董事会 5.主持人：公司董事长陈繁华先生 （2）网络投票情况。通过深圳证券交易所交易系统和互联网投票系统进行网络投 票的股东为212人，其所持有表决权的股份总数 ...

北京德恒（深圳）律师事务所 关于 深圳市机场股份有限公司 2025 年第二次临 时股东大会的 法律意见 深圳市福田区金田路 4018 号安联大厦 B 座 11 楼 电话:0755-88286488 传真:0755-88286499 邮编:518026 北京德恒（深圳）律师事务所 关于深圳市机场股份有限公司 2025 年第二次临时股东大会的法律意见 北京德恒（深圳）律师事务所 关于 深圳市机场股份有限公司 2025 年第二次临时股东大会的 法律意见 北京德恒（深圳）律师事务所 关于深圳市机场股份有限公司 2025 年第二次临时股东大会的法律意见 编号：06G20240483--00017 致：深圳市机场股份有限公司 深圳市机场股份有限公司（以下简称"公司"）2025 年第二次临时股东大会 （以下简称"本次会议"）于 2025 年 11 月 21 日（星期五）14:30 在深圳宝安国际 机场 T3 商务办公楼 A 座 802 会议室召开。北京德恒（深圳）律师事务所（以下 简称"德恒"）受公司委托，指派赖清漫律师、李茜律师（以下简称"德恒律师"） 出席了本次会议。根据《中华人民共和国证券法》（以下简称"《证券法》" ...

Group 1: Company Performance and Market Position - The stock price of Shenzhen Airport has underperformed despite the Shanghai and Shenzhen stock markets reaching a ten-year high, indicating challenges in market value management [2] - The company has focused on enhancing its core business and resource value, aiming for balanced growth in business scale and quality [2][3] Group 2: Infrastructure Developments - The third runway project is expected to be operational by the end of November 2025, which will improve the airport's passenger and cargo handling capacity [3][4] - The design capacity for the T3 terminal and satellite hall is set at 45 million and 22 million passengers, respectively [5] Group 3: Financial Performance - In the first three quarters, the operating cost growth rate was 8%, lower than the revenue growth rate of 11%, indicating effective cost management [4][5] - The company plans to continue cost reduction measures to ensure that variable costs grow at a slower rate than revenue [5] Group 4: Future Business Outlook - The duty-free business has seen a 10% increase in sales since October 2025, reflecting a recovery in international passenger flow [4] - The company is preparing to enhance its duty-free operations by leveraging peak travel seasons and potential new policies [4]

Core Insights - Shenzhen is enhancing its payment services to attract international attention during the 15th National Games, showcasing its "Shenzhen temperature" through improved convenience for foreign visitors [1][3] Group 1: Payment Service Enhancements - The People's Bank of China (PBOC) in Shenzhen has initiated a comprehensive payment service upgrade involving nearly 60 banks and payment institutions to ensure efficient services for attendees of the National Games [3][6] - During the event period from November 9 to November 18, 2025, Shenzhen recorded 382 million transactions worth 29.454 billion yuan, marking a year-on-year increase of 26% in transaction volume and 5% in value [2] - The PBOC has established five comprehensive service centers at airports and ports to enhance the payment experience for foreign visitors, receiving nearly 9,000 inquiries at the Shenzhen airport service center alone by the end of October 2025 [4][6] Group 2: Infrastructure and Accessibility - Shenzhen has set up 28 foreign currency self-service exchange machines and 1,600 bank outlets capable of handling foreign currency exchanges, with a foreign card acceptance rate of 99.99% among key merchants [6] - The financial institutions have implemented various initiatives, such as the "2-minute rapid application" for digital yuan wallets and foreign currency exchanges, to streamline the payment process for international visitors [4][5] Group 3: Community and Special Services - The financial services have been tailored to accommodate elderly individuals, with 26 convenience items provided at bank branches and dedicated financial zones established in 33 locations [7] - Volunteer programs have been initiated to assist visitors and ensure smooth operations at event venues, with over 600 volunteers actively providing support [6][8] Group 4: Financial Support for Event Infrastructure - The PBOC has guided banks to provide financial support for the construction of key facilities for the National Games, including performance bonds and credit loans to alleviate funding pressures for construction projects [8] - Specific financial products have been tailored for local businesses, such as a catering company, to ensure timely supply of quality food during the event, demonstrating the financial sector's role in supporting local enterprises [8]

Core Viewpoint - The aviation and airport sector experienced a decline of 0.8% on November 20, with China Southern Airlines leading the losses. The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1]. Summary by Category Stock Performance - The following stocks in the aviation and airport sector showed notable performance: - Hainan Airlines (600221) closed at 1.77, up 0.57% with a trading volume of 5.3774 million shares and a transaction value of 9.57 billion yuan [1]. - China Eastern Airlines (600115) closed at 5.26, down 0.38% with a trading volume of 808.6 thousand shares and a transaction value of 4.28 billion yuan [2]. - Xiamen Airport (600897) closed at 16.50, down 0.96% with a trading volume of 69.3 thousand shares and a transaction value of 1.14 billion yuan [2]. Capital Flow - The aviation and airport sector saw a net outflow of 123 million yuan from institutional investors, while retail investors contributed a net inflow of 162 million yuan [2]. - The capital flow for specific stocks included: - Shanghai Airport (600009) had a net inflow of 45.5255 million yuan from institutional investors, but a net outflow of 47.5760 million yuan from retail investors [3]. - Hainan Airlines (600221) experienced a net outflow of 5.8716 million yuan from institutional investors, while retail investors had a net inflow of 22.9749 million yuan [3].

Core Insights - The aviation and airport sector experienced a decline of 0.62% on November 19, with Xiamen Airport leading the drop [1] - The Shanghai Composite Index closed at 3946.74, up 0.18%, while the Shenzhen Component Index closed at 13080.09, unchanged [1] Stock Performance - Spring Airlines (601021) closed at 56.05, up 1.95% with a trading volume of 97,300 shares and a transaction value of 54.5 million [1] - China National Aviation (601111) closed at 8.77, up 0.69% with a trading volume of 682,100 shares and a transaction value of 601 million [1] - Xiamen Airport (600897) closed at 16.66, down 3.25% with a trading volume of 96,500 shares and a transaction value of 162 million [2] Capital Flow - The aviation and airport sector saw a net outflow of 274 million from institutional investors and 175 million from retail investors, while retail investors had a net inflow of 449 million [2] - Major stocks like Spring Airlines and China National Aviation experienced mixed capital flows, with Spring Airlines seeing a net inflow of 42.9 million from institutional investors [3] Individual Stock Analysis - Xiamen Airport had a significant net outflow of 21.74 million from institutional investors, while retail investors contributed a net inflow of 28.31 million [3] - China Eastern Airlines (600115) faced a net outflow of 4.71 million from institutional investors but saw a net inflow of 51.1 million from retail investors [3]

Core Viewpoint - The Chinese government has issued a warning for citizens to avoid traveling to Japan, leading to a significant cancellation of flight bookings to Japan by Chinese airlines [1] Group 1: Travel Industry Impact - Since November 15, approximately 491,000 flight tickets to Japan have been canceled, representing about 32% of the total bookings for travel to Japan [1] - The proportion of affected flights surged to 82.14% on November 16 and remained at 75.6% on November 17, indicating a drastic increase in cancellations [1] - The volume of canceled tickets is reported to be 27 times greater than the number of new bookings, highlighting safety concerns as the primary consideration for travelers [1]

Group 1 - The company, Shenzhen Airport, announced its participation in the "2025 Annual Online Collective Reception Day for Investors" organized by the Shenzhen Securities Regulatory Bureau and other entities [1] - The event is scheduled to take place on November 20, 2025, aimed at enhancing interaction and communication with investors [1]

Core Insights - Shenzhen Airport reported record high passenger volume and flight numbers during the summer travel period, with over 11.2 million passengers and more than 76,000 flights from July 1 to August 31 [1] - As of October 31, 2025, Shenzhen Airport achieved a total of 370,800 flight takeoffs and landings, representing a year-on-year increase of 4.71%, and a passenger throughput of 54.94 million, up 7.94% year-on-year [1] - The cargo and mail throughput reached 1.68 million tons, marking an 11.10% year-on-year growth [1] Future Plans - Shenzhen Airport aims to continuously optimize its passenger and cargo route layout, enhance service products, and improve service quality [1] - The airport is focused on promoting the further development of Shenzhen's economy and cultural tourism, contributing to the city's goal of becoming a more globally influential economic center and a modern international metropolis [1]