Group 1 - China Eastern Airlines Corporation Limited (00670) announced that its controlling shareholder, China Eastern Airlines Group (600115), has increased its A-share holdings by 33.9713 million shares, representing 0.15% of the company's total shares [1] - The increase was executed through the Shanghai Stock Exchange trading system via centralized bidding on March 13, 2026 [1] - China Eastern Airlines Group plans to continue increasing its A-share holdings within 12 months from the date of this increase, with a total investment amount between RMB 500 million (including) and RMB 1 billion (excluding) [1]

中国东航3月13日晚间公告，公司控股股东中国东方航空集团计划自2026年3月13日起12个月内，通过上 海证券交易所交易系统以集中竞价方式增持公司股份，拟增持金额不低于5亿元，不超过10亿元。增持 将根据公司股票价格波动情况及资本市场整体趋势，按照内部授权进行，增持资金来源为自有及自筹资 金。中国东航集团承诺在增持实施期间及法定期限内不减持所持有的公司股份。 ...

Core Viewpoint - China Eastern Airlines (600115.SH) announced that its controlling shareholder, China Eastern Airlines Group, will increase its stake in the company through a centralized bidding process, acquiring 33.9713 million A-shares, which represents 0.15% of the total shares [1] Group 1 - The controlling shareholder plans to continue increasing its stake in the next 12 months through centralized bidding [1] - The total amount for the planned stake increase will be no less than 500 million yuan and no more than 1 billion yuan [1] - The shareholder has committed not to reduce its holdings during the stake increase period and the statutory period [1]

Core Viewpoint - China Eastern Airlines Corporation Limited (00670) announced that its controlling shareholder, China Eastern Air Group, has increased its stake in the company by acquiring 33.9713 million A-shares, representing 0.15% of the total shares outstanding, and has proposed a follow-up increase plan [1] Group 1 - The acquisition was made through the Shanghai Stock Exchange trading system via centralized bidding on March 13, 2026 [1] - China Eastern Air Group plans to continue increasing its stake within 12 months from the date of this acquisition [1] - The total amount for the planned cumulative increase in A-shares is set to be no less than RMB 500 million (including this amount) and no more than RMB 1 billion (excluding this amount) under certain market conditions [1]

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的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對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。 （在中華人民共和國註冊成立的股份有限公司） （股份代號：00670） 海外監管公告 此海外監管公告是根據香港聯合交易所有限公司證券上市規則第13.10B條作出。 茲載列中國東方航空股份有限公司在上海證券交易所網站刊登的以下資料中文全文，僅供參 閱： 承董事會命 中國東方航空股份有限公司 李干斌 聯席公司秘書 中華人民共和國，上海 2026年3月13日 於本公告日期，本公司董事包括王志清（董事長）、高飛（副董事長、總經理）、成國偉（董事）、孫錚（獨立非執行董 事）、陸雄文（獨立非執行董事）、羅群（獨立非執行董事）、馮詠儀（獨立非執行董事）、鄭洪峰（獨立非執行董事）及 揭小清（職工董事）。 中国东方航空股份有限公司 China Eastern Airlines Co., Ltd. 关于控股股东增持股份及未来增持计划的公告 证券代码：600115 证券简称：中国东航 公告编号：临 2026-009 中国东方航 ...

Core Viewpoint - China Eastern Airlines has experienced a significant decline in stock price this year, with a drop of 22.33% year-to-date and 25.80% over the past 20 trading days [4][5]. Financial Performance - For the period from January to September 2025, China Eastern Airlines reported a revenue of 1,064.14 billion yuan, representing a year-on-year growth of 3.73% [6]. - The net profit attributable to shareholders for the same period was 21.03 billion yuan, showing a remarkable increase of 1,623.91% year-on-year [6]. Stock Market Activity - As of March 12, the stock price was 4.66 yuan per share, with a trading volume of 4.79 billion yuan and a turnover rate of 0.60% [4]. - The stock has seen a net inflow of 711.59 million yuan from major funds, with significant buying and selling activity noted [4]. Shareholder Information - As of September 30, 2025, the number of shareholders was 149,900, a decrease of 3.37% from the previous period [6]. - The top ten circulating shareholders include China Securities Finance Corporation with 430 million shares and Hong Kong Central Clearing Limited with 295 million shares, the latter having decreased by 5.45 million shares [7]. Dividend History - Since its A-share listing, China Eastern Airlines has distributed a total of 32.96 billion yuan in dividends, but there have been no dividends paid in the last three years [7].

Group 1 - China Eastern Airlines' stock dropped by 2.06% on March 11, with a trading volume of 1.118 billion yuan [1][4] - The company had a net financing purchase of 26.88 million yuan on the same day, with total financing and securities lending balance reaching 390 million yuan [1][4] - The financing balance of China Eastern Airlines is 387 million yuan, accounting for 0.48% of its market capitalization, which is above the 60th percentile level over the past year [1][4] Group 2 - China Eastern Airlines was established on April 14, 1995, and listed on November 5, 1997, with its main business involving passenger and cargo transportation, general aviation, and aircraft maintenance [2][4] - The revenue composition includes 92.50% from passenger services, 3.86% from cargo services, 1.74% from ticket refund fees, 1.28% from other services, and 0.62% from ground services [5][4] - For the period from January to September 2025, the company reported operating revenue of 106.41 billion yuan, a year-on-year increase of 3.73%, and a net profit attributable to shareholders of 2.103 billion yuan, a significant increase of 1623.91% [2][5] Group 3 - China Eastern Airlines has distributed a total of 3.296 billion yuan in dividends since its A-share listing, with no dividends paid in the last three years [3][6] - As of September 30, 2025, the number of shareholders was 149,900, a decrease of 3.37% from the previous period [5][6] - The top ten circulating shareholders include China Securities Finance Corporation with 430 million shares and Hong Kong Central Clearing Limited with 295 million shares, the latter having decreased by 5.4524 million shares compared to the previous period [3][6]

Core Viewpoint - China Eastern Airlines experienced a significant drop in stock price, with a 5.66% decline on March 9, 2023, and a trading volume of 2.326 billion yuan [1] Group 1: Financial Performance - For the period from January to September 2025, China Eastern Airlines reported operating revenue of 106.414 billion yuan, representing a year-on-year increase of 3.73% [2] - The net profit attributable to shareholders for the same period was 2.103 billion yuan, showing a remarkable year-on-year growth of 1623.91% [2] Group 2: Shareholder and Financing Information - As of September 30, 2025, the number of shareholders for China Eastern Airlines was 149,900, a decrease of 3.37% compared to the previous period [2] - The company has cumulatively distributed dividends of 3.296 billion yuan since its A-share listing, with no dividends paid in the last three years [3] - The financing balance for China Eastern Airlines was 3.89 billion yuan, accounting for 0.47% of its market capitalization, which is above the 70th percentile of the past year [1] Group 3: Stock Trading Activity - On March 9, 2023, China Eastern Airlines had a net financing purchase of 74.3875 million yuan, with a total financing and securities balance of 3.92 billion yuan [1] - The company had a low short-selling balance of 2.7091 million yuan, indicating a lower level of short-selling activity compared to the past year [1]

Core Viewpoint - The aviation industry faces significant challenges in reducing carbon emissions, and Sustainable Aviation Fuel (SAF) is recognized as a key pathway for achieving this goal. The development of SAF in China has made positive progress, driven by national policies and market demand [3][4]. Group 1: Current Status of SAF in China - The aviation sector accounts for approximately 99% of its carbon emissions from fuel consumption, with SAF capable of reducing carbon emissions by 80% to 85% compared to traditional jet fuel [5]. - Currently, domestic SAF production only constitutes 0.17% of total aviation fuel, which is below the global average of 0.3%, indicating a supply capacity issue [5][6]. - The production cost of SAF in China is 3 to 5 times higher than traditional jet fuel, with SAF prices projected to reach 20,000 yuan per ton by 2025, compared to an average of 5,507 yuan per ton for domestic jet fuel [6]. Group 2: Challenges Facing SAF Development - The SAF industry in China is hindered by insufficient supply capacity, high application costs, and an incomplete carbon trading system, which limits large-scale commercial application [5][6]. - The current carbon market in China does not include SAF, lacking incentives for emission reductions and making it difficult for fuel producers and investors to expand their applications [6]. Group 3: Recommendations for SAF Advancement - To enhance SAF development, it is recommended to increase research funding and include SAF technology and process development in national key research plans, encouraging collaboration between universities, research institutions, and enterprises [7]. - Improving the pricing and procurement mechanisms for SAF is essential to create a competitive environment among suppliers and make prices more reasonable [7]. - Establishing a domestic SAF certification system that aligns with international standards is crucial for enhancing China's influence in international SAF regulations and facilitating the industry's international development [8].

Core Viewpoint - The aviation industry faces significant challenges in reducing carbon emissions, and Sustainable Aviation Fuel (SAF) is recognized as a key pathway for achieving this goal. The development of SAF in China has made positive progress, driven by national policies and market demand [2][3]. Group 1: Current Status of SAF in China - The aviation sector accounts for approximately 99% of its carbon emissions from fuel consumption, with SAF capable of reducing carbon emissions by 80% to 85% compared to traditional jet fuel [3]. - Currently, domestic SAF production only constitutes 0.17% of total aviation fuel, which is below the global average of 0.3%, indicating a supply capacity issue [4]. - The production cost of SAF in China is 3 to 5 times higher than traditional jet fuel, with SAF prices projected to be around 20,000 yuan per ton by 2025, compared to an average of 5,507 yuan per ton for domestic jet fuel [4]. Group 2: Challenges Facing SAF Development - The SAF industry in China is hindered by insufficient supply capacity, high application costs, and an incomplete carbon trading system [4]. - There is currently no market-based pricing and procurement mechanism for SAF, which limits the willingness of airlines to adopt it [4]. - The lack of a domestic SAF certification standard means that Chinese producers rely on foreign certification, weakening their competitive position internationally [5]. Group 3: Recommendations for SAF Advancement - To overcome development bottlenecks, it is suggested to enhance research and development of new SAF technologies and processes, integrating them into national key research plans [6]. - Improving supply capacity involves increasing research investment and developing alternative raw materials such as agricultural waste and algae [6]. - Establishing a market-oriented pricing and procurement mechanism for SAF is essential, along with providing financial subsidies and tax reductions for eligible SAF producers and users [6]. - The SAF application should be included in the national carbon market, with a focus on creating a market mechanism for carbon reduction benefits [6]. - Developing a domestic SAF certification system that aligns with international standards is crucial for enhancing China's influence in international SAF regulations [7].