证券代码：000099 证券简称：中信海直 中信海洋直升机股份有限公司投资者关系活动记录表 编号： | --- | --- | --- | |------------------------------|------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系活 \n动类别 | □ \n□现场参观 | ■特定对象调研 □分析师会议 \n□媒体采访 □业绩说明会 \n新闻发布会 □路演活动 | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称 及人员姓名 | | 财富证券有限责任公司 李伟民 天弘基金管理 ...

证券代码：000099 证券简称：中信海直 中信海洋直升机股份有限公司投资者关系活动记录表 编号： | --- | --- | --- | --- | |------------------------|---------------------|-----------------------|----------------------------------------------| | | | | | | | | | | | | ■ | | 特定对象调研 □分析师会议 | | | □ | 媒体采访 □业绩说明会 | | | 投资者关系活动类别 | | □新闻发布会 □路演活动 | | | | □ 现场参观 | | | | | □ | | 其他 （请文字说明其他活动内容） | | 参与单位名称及人员姓名 | | 中银国际：杨绍辉 | | | | | 东兴证券：赵炳楠 | | | 时间 | 2014 年 12 月 | 16 | 日(星期二) 下午 | | 地点 | | 深圳市南山区南海大道 | 3533 号直升机场公司第二 | | | 会议室 | | | | 上市公司接待人员姓名 | 徐树田、洪璐 | | ...

编号： 证券代码：000099 证券简称：中信海直 中信海洋直升机股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------------|---------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：000099 证券简称：中信海直 编号： 中信海洋直升机股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|---------------------------|-----------------------------------------------------------| | | | | | 投资者关系活动 | ■ | 特定对象调研 □分析师会议 | | 类别 | | □媒体采访 □业绩说明会 | | | □ | 新闻发布会 □路演活动 | | | □现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | | 兴业证券 张晓云、嘉实基金 姚志鹏、信达澳银 李淑彦、 | | 人员姓名 | | 摩根华鑫 张伟、融捷资产 李奕、交银施罗德 徐森洲、 | | | | 九泰基金 彭珂、大成基金 甄峰、华安基金 张亮、华泰柏瑞基金 | | | 冷文鹏、汇融丰资产 赖志城 | | | 时间 | 2015 年 8 月 18 | 日星期二下午 | | 地点 | 深圳南山区南海大道 | 3533 号深圳直升机场 ...

Group 1: Company Performance - The company's performance in the first half of the year showed a slight decline compared to the same period last year, primarily due to a decrease in helicopter usage by clients caused by falling international oil prices and reduced flight service fees [2] Group 2: Service Provision - The company provides offshore oil services by transporting personnel, materials, and equipment to platforms established by clients for oil extraction [2] - In China, there are three companies operating offshore oil helicopter flight services, including this company, Southern Airlines Zhuhai, and Dongfang Tonghang [3] Group 3: Market Outlook - The land aviation market has good development prospects in the future [3] - The general aviation industry has significant development potential, but there are limitations such as airspace, airports, talent, helicopters, and onboard equipment [4] Group 4: Fleet and Safety - The majority of the helicopters operated by the company are owned, with some leased and others managed [3] - All helicopters operated by the company are insured [3] - The company has not experienced any flight accidents in recent years [3] Group 5: Training and Employment - The company has not established a subsidiary for pilot training; pilots are trained abroad [3] - The company signs indefinite contracts with pilots, and the pilot team is relatively stable with few instances of job-hopping [3] Group 6: Dividend Policy - The profit distribution plan for 2014 was a cash dividend of 0.75 yuan per 10 shares (tax included) [4] - The profit distribution plan for 2013 was also a cash dividend of 0.75 yuan per 10 shares (tax included), while the plan for 2015 is yet to be determined [4]

Group 1: Company Operations - Fuel costs account for approximately 8% of total costs, indicating limited impact from fuel price fluctuations [2] - Offshore oil revenue constitutes around 80% of the company's total revenue [2] - The company has maintained a safety management system that has achieved 15 years of safe flight [2] Group 2: Industry Position and Competitors - The company operates in a competitive offshore oil sector with competitors including Dongfang General Aviation and Southern Airlines [2] - The company has begun international operations, which are a key focus for future business development [4] - Compared to international benchmarks like Bristol, the company has similar profitability levels but significantly smaller scale [4] Group 3: Financial and Asset Management - Most helicopters are financed through loans due to high acquisition costs and long return periods [2] - The company divested its business jet operations in 2013 after 8 years of operation, considering market conditions [4] - Rental costs for the Nantou heliport are currently low and unlikely to increase significantly due to support from the controlling shareholder [4]

Group 1: Company Overview - The company is characterized by heavy assets and low debt levels, which is typical for aviation enterprises [3] - The current debt ratio of the company is relatively low compared to industry standards [3] Group 2: Business Operations - The company operates the Shenzhen heliport under a usage agreement with the controlling shareholder, paying annual rent [2] - The revenue model for offshore oil business includes monthly rent plus hourly fees [3] Group 3: Market Challenges - The aviation tourism market is difficult to cultivate due to high costs associated with helicopter purchase and maintenance [2] - There is a significant gap in performance between domestic helicopters and those imported from abroad [2] Group 4: Training and Certification - The training duration for obtaining a private pilot license varies from 4-6 months to over a year, depending on individual qualifications [2] - Currently, the company does not offer private pilot training services [3] Group 5: Financial Performance - The company's net profit has significantly declined this year due to a substantial drop in offshore oil business revenue, while costs remain relatively fixed [3]

Group 1: Company Operations - The company operates a total of 71 helicopters [2] - The company owns 42 helicopters [4] - The company has 197 pilots [4] - The company recorded approximately 32,000 flight hours in 2015 [4] Group 2: Revenue and Business Model - The main revenue source is currently from offshore oil business, which constitutes a significant portion of total income [2] - The revenue model for offshore oil business includes monthly rent plus hourly fees [4] - The company has not engaged in equity incentives [4] Group 3: Costs and Financing - Major costs for the company include depreciation, aircraft repair, and labor [4] - The company issued convertible bonds worth 650 million yuan in 2012 and has no recent financing plans [4] - Significant costs in airport construction are land costs and construction costs [5] Group 4: Market and Competition - The company’s use of helicopters, whether domestic or foreign, is primarily determined by customer demand [4] - The company has not faced issues with foreign helicopter manufacturers regarding technology confidentiality [4] Group 5: Infrastructure and Equipment - The company’s helicopter airport is primarily equipped with domestic air traffic control equipment [4] - The scale of bases in Tianjin, Zhanjiang, and Hainan is smaller compared to the Shenzhen base [2]

Group 1: Company Overview - The company operates the largest fleet of helicopters in the domestic market [2] - There are currently no policy restrictions on private aviation consumption, but the market has not yet formed [2] Group 2: Competition and Market Potential - The company faces competition in each of its specific industry segments [2] - There is significant growth potential in the pilot training market due to a large shortage of pilots in the country [2] Group 3: Financial Insights - The gross margin for the training business is not expected to be very high [2] - The company has converted some long-term, high-interest foreign currency loans to RMB, minimizing the impact of RMB depreciation on operations [2] Group 4: Cost Management - The company has implemented cost control measures, such as reducing aircraft insurance fees and significantly cutting management costs [2] - Major costs for the company include depreciation, aircraft repair, and labor costs [2] Group 5: Safety Record - The company has maintained strict aviation safety management and has achieved 16 consecutive years of safe flight [4]

编号：006 证券代码：000099 证券简称：中信海直 中信海洋直升机股份有限公司投资者关系活动记录表 | --- | --- | --- | |-----------------------------|-------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...