Core Viewpoint - China Eastern Airlines (CEA) has officially established its Northeast Branch, marking its first regional company in China that spans multiple provinces, aimed at enhancing its service capabilities to support national strategies and the revitalization of Northeast China [1][3]. Group 1: Company Overview - The Northeast Branch of CEA was inaugurated on November 27, 2025, in Shenyang, with key officials from both the provincial government and CEA in attendance [3]. - The new branch is built on the foundation of CEA's Shenyang operation and includes bases in Harbin and Changchun, as well as a sales office in Dalian, focusing on regional operational support and marketing services [3]. Group 2: Operational Scope - CEA operates 22 stations across the three northeastern provinces, connecting to 45 domestic cities and executing 107 flight routes [6]. - In Liaoning province, CEA has established a comprehensive network covering six major points, including Shenyang and Dalian, with daily departures reaching 61 flights to key cities such as Shanghai, Nanjing, and Guangzhou [6]. Group 3: Future Plans - CEA plans to increase its investment in Northeast China, expand cooperation, enhance capacity deployment, and improve service levels to better support local economic and social development [6].

11月27日，中国东航盘中下跌2.17%，截至09:53，报4.95元/股，成交1.20亿元，换手率0.14%，总市值 1093.34亿元。 资金流向方面，主力资金净流出2611.57万元，特大单买入1204.12万元，占比10.05%，卖出3211.43万 元，占比26.81%；大单买入2312.59万元，占比19.30%，卖出2916.85万元，占比24.35%。 中国东航今年以来股价涨23.75%，近5个交易日跌5.89%，近20日涨2.91%，近60日涨20.44%。 资料显示，中国东方航空股份有限公司位于上海市闵行区虹翔三路36号,香港金钟道95号统一中心19楼D 室，成立日期1995年4月14日，上市日期1997年11月5日，公司主营业务涉及航空客、货、邮、行李运输 业务及延伸服务;通用航空业务;航空器维修;航空设备制造与维修;国内外航空公司的代理业务。主营业 务收入构成为：客运服务收入92.50%，货运服务收入3.86%，退票费手续费收入1.74%，其他1.28%，地 面服务收入0.62%。 截至9月30日，中国东航股东户数14.99万，较上期减少3.37%；人均流通股0股，较上期增加0.00% ...

Core Insights - The appreciation of the Renminbi has positively impacted certain sectors, with the Renminbi appreciation benefiting stocks rising by 0.54% compared to the previous trading day [1] - The Shanghai Composite Index closed at 3864.18, down 0.15%, while the Shenzhen Component Index closed at 12907.83, up 1.02% [1] Summary of Benefiting Stocks - China Eastern Airlines (600115) led the gainers with a closing price of 5.06, up 2.43%, with a trading volume of 1.2588 million shares and a turnover of 634 million yuan [1] - Other notable gainers include: - Pinwo Food (300892) at 34.70, up 2.18%, with a turnover of 172 million yuan [1] - Liangxing Paper (002067) at 5.51, up 1.85%, with a turnover of 4.98 million yuan [1] - Tongling Nonferrous Metals (000630) at 5.04, up 1.00%, with a turnover of 1.074 billion yuan [1] - China National Aviation (601111) at 8.08, up 0.25%, with a turnover of 716 million yuan [1] Capital Flow Analysis - The Renminbi appreciation benefiting sector saw a net inflow of 94.82 million yuan from main funds, while speculative funds had a net inflow of 248 million yuan, and retail investors experienced a net outflow of 342 million yuan [2] - Key stocks in terms of capital flow include: - China National Duty-Free (601888) with a main fund net inflow of 2.30 billion yuan and a retail net outflow of 3.19 billion yuan [3] - Tongling Nonferrous Metals (000630) with a main fund net inflow of 94.99 million yuan and a retail net outflow of 60.20 million yuan [3] - Rongsheng Petrochemical (002493) with a main fund net inflow of 13.96 million yuan and a retail net outflow of 14.28 million yuan [3]

Core Insights - The aviation and airport sector saw a rise of 0.78% on November 26, with China Eastern Airlines leading the gains [1] - The Shanghai Composite Index closed at 3864.18, down 0.15%, while the Shenzhen Component Index closed at 12907.83, up 1.02% [1] Stock Performance - China Eastern Airlines (600115) closed at 5.06, up 2.43% with a trading volume of 1.2588 million shares and a turnover of 634 million yuan [1] - Xiamen Airport (600897) experienced a decline of 1.73%, closing at 15.89 with a trading volume of 43,400 shares [2] - The overall performance of the aviation sector stocks varied, with some stocks like China Eastern Airlines and Spring Airlines showing positive growth, while others like Xiamen Airport and China Southern Airlines had minor declines [1][2] Capital Flow - The aviation and airport sector experienced a net outflow of 291 million yuan from institutional investors, while retail investors saw a net inflow of 132 million yuan [2] - The capital flow data indicates that retail investors were more active in the sector, with significant net inflows compared to the outflows from institutional investors [2][3] Individual Stock Capital Flow - Shanghai Airport (600009) had a net inflow of 23.84 million yuan from institutional investors, while it faced a net outflow of 40.87 million yuan from retail investors [3] - China Eastern Airlines (600115) saw a net outflow of 31.86 million yuan from institutional investors, indicating a shift in investor sentiment [3] - The data highlights the varying levels of investor interest across different stocks within the aviation sector, with some stocks attracting more retail investment while facing institutional selling pressure [3]

Core Viewpoint - The aviation sector is experiencing significant stock price increases, driven by favorable currency exchange rates and oil price trends [1] Group 1: Stock Performance - Eastern Airlines (00670) rose by 5.1%, trading at HKD 4.53 [1] - Air China (00753) increased by 4.52%, reaching HKD 6.47 [1] - Southern Airlines (01055) saw a rise of 3.36%, priced at HKD 5.22 [1] Group 2: Currency and Oil Price Impact - On November 25, the RMB exchange rate hit a new high in over a year, with both onshore and offshore RMB against the USD recovering above 7.09 [1] - Industry experts believe that the upward potential for the USD index is limited, while the RMB is expected to remain stable and slightly strong [1] - Expectations of a ceasefire in the Russia-Ukraine conflict have led to weaker oil prices [1] Group 3: Financial Analysis - According to a report from Zhongtai Securities, the Q3 aviation sector benefited from lower oil and exchange costs, with Southern Airlines and Eastern Airlines' net profits slightly exceeding expectations [1] - The report highlights that airlines have significant foreign currency liabilities, primarily in USD, and a weaker RMB could lead to substantial exchange losses, impacting current profits [1] - Fuel costs are a major expense for airlines, and a significant rise in oil prices would increase fuel costs, thereby affecting operational performance [1]

Core Viewpoint - China Eastern Airlines Corporation Limited announced the resignation of its securities affairs representative, Mr. Yang Hui, due to job relocation, effective immediately upon submission to the board of directors [1] Group 1 - The resignation was formally submitted to the company's board of directors on November 25, 2025 [1] - Mr. Yang Hui's resignation is attributed to a job relocation [1] - The resignation has been acknowledged and is now effective [1]

Core Points - China Eastern Airlines Corporation Limited (00670) announced that on November 25, 2025, the company's board of directors received a resignation letter from Mr. Yang Hui, the company's securities affairs representative [1] - Mr. Yang Hui resigned from his position due to work relocation reasons, and his resignation has been delivered to the board and is effective [1]

Core Points - China Eastern Airlines announced the resignation of its securities affairs representative, Yang Hui, due to job relocation [1] - The resignation has been submitted to the board of directors and has taken effect according to relevant laws and regulations [1] Summary by Category Company Announcement - The board of directors of China Eastern Airlines received Yang Hui's resignation on November 25, 2025 [1] - Yang Hui's resignation is attributed to a job relocation [1] Compliance and Regulations - The resignation was processed in accordance with the Company Law of the People's Republic of China and other relevant legal regulations [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： 中華人民共和國，上海 2025年11月25日 於本公告日期，本公司董事包括王志清（董事長）、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. 证券代码：600115 证券简称：中国东航 公告编号：临 2025-077 中国东方航空股份有限公司 关于证券事务代表辞任的公告 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 ...

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 2025年11月25日 於本公告日期，本公司董事包括王志清（董事長）、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 2025 年第三次临时股东会 会议资料 二〇二五年十二月二日 中国·上海 | 1.会议须知 | 1 | | --- | --- | | 2.会议议程 | 3 | | 3.会议议案 | 4 | 会议须知 为确保中国东方航空 ...