证券代码：601111 股票简称：中国国航 公告编号：2026-003 中国国际航空股份有限公司 2025年12月主要运营数据公告 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法律责任。 2025 年 12 月，中国国际航空股份有限公司（以下简称"本公司"）及所属 子公司（以下简称"本集团"）合并旅客周转量（按收入客公里计）同比上升。 客运运力投入（按可用座位公里计）同比上升 4.0%，旅客周转量同比上升 10.0%。 其中，国内客运运力投入同比上升 4.2%，旅客周转量同比上升 10.6%；国际客 运运力投入同比上升 4.1%，旅客周转量同比上升 9.1%；地区客运运力投入同比 下降 0.7%，旅客周转量同比上升 4.1%。平均客座率 82.2%，同比上升 4.5 个百 分点。其中，国内航线同比上升 4.9 个百分点，国际航线同比上升 3.6 个百分点， 地区航线同比上升 3.4 个百分点。 货运方面，货运运力投入（按可用货运吨公里计）同比下降 1.9%，货邮周 转量（按收入货运吨公里计）同比上升 5.3%。货运载运率为 39.2% ...

格隆汇1月15日丨中国国航(601111.SH)公布，2025年12月，中国国际航空股份有限公司（以下简称"本 公司"）及所属子公司（以下简称"本集团"）合并旅客周转量（按收入客公里计）同比上升。客运运力 投入（按可用座位公里计）同比上升4.0%，旅客周转量同比上升10.0%。其中，国内客运运力投入同比 上升4.2%，旅客周转量同比上升10.6%；国际客运运力投入同比上升4.1%，旅客周转量同比上升9.1%； 地区客运运力投入同比下降0.7%，旅客周转量同比上升4.1%。平均客座率82.2%，同比上升4.5个百分 点。其中，国内航线同比上升4.9个百分点，国际航线同比上升3.6个百分点，地区航线同比上升3.4个百 分点。 2025年12月30日起，公司新增成都天府-阿拉木图航线（每周两班）。2025年12月，本集团共引进6架 A320系列飞机和2架C919飞机。截至2025年12月底，本集团合计运营964架飞机，其中自有飞机418架， 融资租赁252架，经营租赁294架。 货运方面，货运运力投入（按可用货运吨公里计）同比下降1.9%，货邮周转量（按收入货运吨公里 计）同比上升5.3%。货运载运率为39.2%， ...

Core Viewpoint - China National Airlines (601111) announced an increase in passenger capacity and turnover for December 2025, indicating positive growth trends in the airline industry [1] Group 1: Capacity and Turnover - The group's passenger capacity is expected to increase by 4% year-on-year by December 2025 [1] - Passenger turnover is projected to rise by 10% year-on-year [1] Group 2: Average Load Factor - The average load factor is reported at 82.2%, which is an increase of 4.5 percentage points year-on-year [1]

Core Viewpoint - China National Airlines announced an increase in passenger turnover volume and capacity for the year ending December 2025, indicating a positive growth trend in the airline's operations [1] Group 1: Passenger Turnover and Capacity - The company's consolidated passenger turnover volume (measured in revenue passenger kilometers) is expected to increase by 10.0% year-on-year [1] - Passenger capacity input (measured in available seat kilometers) is projected to rise by 4.0% year-on-year [1] - Domestic passenger capacity input is expected to increase by 4.2%, with a corresponding passenger turnover volume increase of 10.6% [1] - International passenger capacity input is anticipated to rise by 4.1%, with a passenger turnover volume increase of 9.1% [1] - Regional passenger capacity input is projected to decrease by 0.7%, while passenger turnover volume is expected to increase by 4.1% [1] Group 2: Average Load Factor - The average passenger load factor is projected to be 82.2%, reflecting an increase of 4.5 percentage points year-on-year [1] - The domestic route load factor is expected to rise by 4.9 percentage points year-on-year [1] - The international route load factor is anticipated to increase by 3.6 percentage points year-on-year [1] - The regional route load factor is projected to increase by 3.4 percentage points year-on-year [1]

Core Viewpoint - China National Airlines has approved the sale of approximately 1.61% of its stake in Cathay Pacific Airways, reflecting financial pressure and a strategy to optimize its balance sheet [1][2] Group 1: Financial Transactions - The company plans to sell 1.08 million shares of Cathay Pacific at a price of HKD 12.22 per share, expecting a pre-tax profit of approximately RMB 182 million from this transaction [1] - In addition to the stake sale, the company announced a plan to raise up to RMB 20 billion through a private placement of A-shares to repay debts and supplement working capital [1] Group 2: Financial Performance - As of September 2025, the company's debt-to-asset ratio reached 87.88%, with total liabilities amounting to RMB 307 billion, one of the highest levels in the aviation industry [1][2] - In Q3 2025, the net profit attributable to shareholders was RMB 3.676 billion, a year-on-year decrease of 11.31%, marking the only decline among the three major state-owned airlines [2] - The company's unit revenue per passenger kilometer decreased by 2.6% to RMB 0.61, indicating increased competition and challenges in profitability [2] Group 3: Industry Context - Despite the overall recovery in the aviation industry, where the three major airlines collectively reported a net profit exceeding RMB 6.2 billion in the first three quarters of 2025, China National Airlines' performance stands out negatively [2]

Core Viewpoint - China National Airlines (601111) has received a notification from the Shanghai Stock Exchange regarding the acceptance of its application for issuing securities on the Shanghai main board [1] Group 1: Application Process - The Shanghai Stock Exchange has reviewed the company's submitted prospectus and related application documents, finding them complete and in legal form, thus deciding to accept the application for review [1] - The issuance of A-shares to specific investors still requires approval from the Shanghai Stock Exchange and registration with the China Securities Regulatory Commission (CSRC) [1] Group 2: Uncertainties and Compliance - There are uncertainties regarding whether the company will obtain approval from the Shanghai Stock Exchange and the CSRC, as well as the timeline for these approvals [1] - The company will fulfill its information disclosure obligations in accordance with relevant laws and regulations regarding the issuance of A-shares to specific investors based on the progress of the application [1]

上海证券交易所依据相关规定对公司报送的沪市主板上市公司发行证券的募集说明书及相关申请文件进 行了核对，认为申请文件齐备，符合法定形式，决定予以受理并依法进行审核。 本次向特定对象发行A股股票尚需上海证券交易所审核通过并报中国证监会註册等手续，在中国证监会 同意註册后方可实施，能否获得上海证券交易所审核通过并获中国证监会同意註册及相应的时间均存在 不确定性。本公司将根据进展情况，严格按照上市公司向特定对象发行A股股票相关法律法规的规定和 要求及时履行信息披露义务。 智通财经APP讯，中国国航(00753)发布公告，本公司于近日收到上海证券交易所出具的《关于受理中国 国际航空股份有限公司沪市主板上市公司发行证券申请的通知》(上证上审(再融资)[2026]5号)。 ...

中国国航公告，公司于近日收到上海证券交易所出具的《关于受理中国国际航空股份有限公司沪市主板 上市公司发行证券申请的通知》（上证上审（再融资）5号）。上海证券交易所依据相关规定对公司报 送的沪市主板上市公司发行证券的募集说明书及相关申请文件进行了核对，认为申请文件齐备，符合法 定形式，决定予以受理并依法进行审核。 ...

格隆汇1月8日丨中国国航(00753.HK)公告，关于(其中包括)向特定对象发行A股股票，公司于近日收到 上海证券交易所出具的《关于受理中国国际航空股份有限公司沪市主板上市公司发行证券申请的通知》 (上证上审(再融资)[2026]5号)。上海证券交易所依据相关规定对公司报送的沪市主板上市公司发行证券 的募集说明书及相关申请文件进行了核对，认为申请文件齐备，符合法定形式，决定予以受理并依法进 行审核。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不會就因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條的規定而發表。 附件為中國國際航空股份有限公司於上海證券交易所刊發之 1. 中國國際航空股份有限公司 2025年度向特定對象發行A股股票募集說明書（申報稿） （於中華人民共和國註冊成立的股份有限公司） （股份代號：00753） 海外市場公告 3. 中信證券股份有限公司關於中國國際航空股份有限公司 2025年度向特定對象發行A股股票之上市保薦書 4. 北京市君合律師事務所關於中國國際航空股份有限公司 2. 中信證券股份有限公司關於中國國際航空股份有限公司 2025年度向特定對象發行A股股票之發行保薦書 2025年度向特定對象發行A股股票的法律意見書 5. 德勤華永會計師事務所（特殊普通合夥）關於中國國際航空股份有限公司 向特定對象發行股票的財務報告及審計報告 承董事會命 中國國際航空股份有限公司 公司秘書 肖烽 中國北京，二零二六年一月八日 於 ...