Financial Performance - The company's operating revenue for Q1 2025 was RMB 33,406 million, representing a year-on-year increase of 0.65% compared to RMB 33,189 million in the same period last year[9]. - The net profit attributable to shareholders was a loss of RMB 995 million, compared to a loss of RMB 803 million in the previous year, indicating a deterioration in performance[9]. - Operating profit for Q1 2025 was -RMB 1,242 million, compared to -RMB 872 million in Q1 2024, reflecting a decline in profitability[34]. - The net profit (loss) for Q1 2025 was -1,130 million RMB, compared to -931 million RMB in Q1 2024, reflecting an increase in losses of about 21.4% year-over-year[37]. - The total comprehensive income for Q1 2025 was -1,149 million RMB, compared to -1,014 million RMB in Q1 2024, representing a decline of approximately 13.3% year-over-year[40]. - In Q1 2025, the total profit (loss) amounted to -1,108 million RMB, compared to -816 million RMB in Q1 2024, indicating a deterioration of approximately 35.7% year-over-year[37]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 49.56%, amounting to RMB 2,390 million, down from RMB 4,738 million in the same period last year, primarily due to intensified competition in the aviation market[13]. - Cash flow from operating activities in Q1 2025 was 2,390 million RMB, down from 4,738 million RMB in Q1 2024, a decrease of about 49.5% year-over-year[43]. - Cash flow from investing activities in Q1 2025 was -951 million RMB, compared to -3,674 million RMB in Q1 2024, showing an improvement of approximately 74.1% year-over-year[46]. - Cash flow from financing activities in Q1 2025 was 1,076 million RMB, a significant recovery from -8,075 million RMB in Q1 2024[46]. - Cash and cash equivalents increased to RMB 6,646 million as of March 31, 2025, compared to RMB 4,133 million as of December 31, 2024, marking a growth of 60.73%[21]. - The total cash and cash equivalents at the end of Q1 2025 increased to 6,585 million RMB, compared to 4,849 million RMB at the end of Q1 2024, marking a growth of approximately 36.0% year-over-year[49]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 285,299 million, reflecting a 3.14% increase from RMB 276,600 million at the end of the previous year[10]. - Total assets as of March 31, 2025, amounted to RMB 285,299 million, up from RMB 276,600 million as of December 31, 2024, representing an increase of 3.08%[31]. - Total liabilities as of March 31, 2025, were RMB 244,907 million, compared to RMB 235,191 million as of December 31, 2024, indicating a rise of 4.66%[28]. Shareholder Information - The equity attributable to shareholders decreased by 3.16%, from RMB 40,532 million at the end of the previous year to RMB 39,250 million[10]. - The largest shareholder, China Eastern Airlines Group, holds 39.74% of the shares, amounting to 8,858,963,273 shares[15]. - The total number of ordinary shareholders at the end of the reporting period was 174,429[14]. Earnings and Expenses - The basic and diluted earnings per share remained at -0.04 yuan per share, unchanged from the previous year[9]. - The basic and diluted earnings per share for Q1 2025 remained at -0.04 RMB, unchanged from Q1 2024[40]. - Research and development expenses for Q1 2025 were RMB 91 million, an increase from RMB 77 million in Q1 2024, reflecting a growth of 18.18%[34]. - The company reported a tax expense of 22 million RMB in Q1 2025, a decrease from 115 million RMB in Q1 2024, indicating a reduction of approximately 80.9% year-over-year[37]. Non-Recurring Items - The company reported non-recurring gains and losses totaling RMB 117 million for the current period[12]. Share Repurchase Plan - The company plans to repurchase shares in A-shares and H-shares with a total amount not less than RMB 2.5 billion and not exceeding RMB 5 billion, with the repurchase period from November 8, 2024, to November 7, 2025[18]. - As of March 31, 2025, the company had repurchased a total of 89.88 million shares, with an aggregate transaction amount of approximately RMB 2.02 billion for A-shares and about HKD 0.92 billion for H-shares[18].

为贯彻落实国务院《关于进一步提高上市公司质量的意 见》的相关要求，积极响应上海证券交易所《关于开展沪市 公司"提质增效重回报"专项行动的倡议》，中国东方航空 股份有限公司（以下简称"公司"）结合自身战略规划，于 2024 年发布《公司 2024 年度"提质增效重回报"行动方案》。 公司扎实推进各项举措，公司 2024 年度"提质增效重回报" 行动方案执行情况如下： 一、聚焦主责主业，提升经营效益 2024 年，公司牢固树立安全发展理念，确保安全形势总 体平稳，贯彻精心、精准、精致、精细"四精"服务理念， 以枢纽建设为核心，以国际航网恢复为重点，全力飞优投足， 创新产品体系，加强市场营销，实现运输总周转量和载运旅 客人次同比大幅增长，经营业绩大幅改善。 强化枢纽建设，增强枢纽中转功能。2024 年，公司持续 加大枢纽市场运力投放，在上海市场和长三角市场份额分别 达到 42.2%、32%，同比分别提高 0.9、1.4 个百分点；推出 中国东方航空股份有限公司 2024 年度"提质 增效重回报"行动方案评估报告 "隔夜中转""中转贵宾室"等产品，完善中转流程，枢纽 中转功能进一步增强。 优化航网布局，加快国际航线恢 ...

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 2025-032 中国东方航空股份有限公司 关于第十届监事会第 8 次会议决议公告 本公司监事会及全体监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。 中国东方航空股份有限公司（以下简称"公司"）第十届监事会第 8 次会议， 经监事会主席郭俊秀召集，于 2025 年 4 月 29 日以通讯方式召开。 参加会议的监事确认会前均已收到本次监事会会议通知。本次会议的召开符 合《公司法》和《公司章程》等有关规定，参加本次会议的监事已达法定人数， 会议合法有效。 监事会主席郭俊秀、监事邵祖敏、周华欣审核了有关议案，一致同意并作出 如下决议： 一、审核通过《公司 2025 年第一季度财务报告》。 二、审核通过《公司 2025 年第一季度报告》。 三、审核通过《公司 2024 年度内部审计工作报告》。 特此公告。 中国东方航空股份有限公司 2025 年 4 月 29 日 1 ...

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 2025-031 中国东方航空股份有限公司 董事会 2025 年第 4 次会议决议公告 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。 中国东方航空股份有限公司（以下简称"公司"）董事会 2025 年第 4 次会 议，根据《公司章程》和《董事会议事规则》的规定，经董事长王志清召集，于 2025 年 4 月 29 日以通讯方式召开。 参加会议的董事确认会前均已收到本次董事会会议通知。本次会议的召开符 合《公司法》和《公司章程》的有关规定，参加本次会议的董事已达法定人数， 会议合法有效。 三、审议通过《关于董事会专门委员会组成人员调整的议案》。 同意冯咏仪担任提名与薪酬委员会委员，罗群不再担任委员；成国伟担任规 划发展与数字化委员会委员、主席，刘铁祥不再担任委员、主席；其他委员会组 成人员不变。 四、审议通过《公司 2024 年度"提质增效重回报"行动方案评估报告》。 1 中国东方 ...

Financial Performance - The company's operating revenue for Q1 2025 was RMB 33,406 million, a slight increase of 0.65% compared to RMB 33,189 million in the same period last year[3] - The net profit attributable to shareholders was a loss of RMB 995 million, compared to a loss of RMB 803 million in the previous year, indicating a worsening performance[3] - Net loss for Q1 2025 was RMB 1,130 million, compared to a net loss of RMB 931 million in Q1 2024, representing a 21.4% increase in losses[21] - The weighted average return on net assets was -2.49%, a decrease of 0.5 percentage points from -1.99% in the previous year[3] - The company reported a basic and diluted earnings per share of RMB -0.04 for Q1 2025, unchanged from Q1 2024[23] Cash Flow - The net cash flow from operating activities decreased significantly by 49.56%, from RMB 4,738 million to RMB 2,390 million[3] - Cash flow from operating activities for Q1 2025 was RMB 2,390 million, down 49.5% from RMB 4,738 million in Q1 2024[25] - Net cash flow from investing activities was -$951 million, an improvement from -$3,674 million in the previous period[27] - Net cash flow from financing activities was $1,076 million, a significant recovery from -$8,075 million in the prior period[27] - The company reported a net increase in cash and cash equivalents of $2,513 million, contrasting with a decrease of $7,012 million in the prior period[27] Assets and Liabilities - Total assets increased by 3.14% to RMB 285,299 million from RMB 276,600 million at the end of the previous year[3] - Total current assets increased to RMB 22,627 million as of March 31, 2025, up 18.5% from RMB 19,103 million as of December 31, 2024[15] - Total liabilities amounted to RMB 244,907 million as of March 31, 2025, up 4.0% from RMB 235,191 million as of December 31, 2024[17] - Cash and cash equivalents increased to RMB 6,646 million as of March 31, 2025, compared to RMB 4,133 million as of December 31, 2024[15] Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 174,429[6] - The company has initiated a share repurchase program, planning to buy back between RMB 2.5 billion and RMB 5 billion worth of shares over a one-year period[11] - By March 31, 2025, the company had repurchased a total of 89.88 million shares, with a total transaction amount of approximately RMB 202 million for A shares and HKD 92 million for H shares[11] Operating Costs - Total operating costs for Q1 2025 were RMB 36,441 million, up 2.74% from RMB 35,467 million in Q1 2024[21] Investment Activities - The company received $400 million from investment contributions, compared to $0 in the previous period[27] - The company’s long-term investments in equity were RMB 2,743 million as of March 31, 2025, slightly up from RMB 2,730 million as of December 31, 2024[15] Other Financial Metrics - The company reported non-recurring gains and losses totaling RMB 117 million for the period, after accounting for tax and minority interests[5] - Cash inflow from financing activities totaled $38,099 million, compared to $16,300 million last year[27] - Cash outflow for debt repayment was $31,324 million, an increase from $18,741 million last year[27] - Cash outflow for dividends and interest payments was $906 million, down from $1,196 million last year[27] - The impact of exchange rate changes on cash and cash equivalents was a decrease of $2 million, slightly worse than the previous decrease of $1 million[27]

中国东方航空股份有限公司 2024 年可持续发展（ ESG) 报告 可持续之旅 安全成就信赖 2024 高质量发展足迹 专题 绿色领航未来 爱意联接幸福 附录 | 45 — 确保航空安全 | | --- | | 49 — 保障旅客出行安全 | | 50 — 关爱员工健康与安全 | 03 — 董事长致辞 05 — 报告说明 走进东航 | 67 — 应对气候变化 | 77 — 赋能员工成长 | | --- | --- | | 71 — 坚持绿色运营 | 82 — 推动乡村全面振兴 | | 73 — 保护生态环境 | 86 — 参与社区共建 | | 73 — 构筑可持续价值链 | 88 — 护航特殊飞行 | | 89 — 绩效表 | | --- | | 95 — 指标索引 | | 101 — 审验报告 | | 103 — 读者反馈 | 畅享精彩旅程 53 — 精进品质服务 37 — 可持续发展旅程 38 — 实质性议题管理 41 — 利益相关方参与 21 — 责任足迹 25 — 责任荣誉 29 — 冰雪燃情，东航助梦 33 — C919 翱翔天空，规模化运营启新程 07 — 关于东航 09 — 加强党的建设 10 ...

Fleet and Operations - The company operates a modern fleet of 804 aircraft, making it one of the largest state-owned airlines in China[11]. - The airline's route network reaches 1,000 destinations across 160 countries and regions, enhancing its global connectivity[11]. - The company plans to expand its fleet by acquiring 50 new aircraft over the next three years to support growth[1]. - The company introduced 35 new aircraft while retiring 13, resulting in a total fleet of 804 aircraft as of December 31, 2024[29]. - The company plans to introduce 60 aircraft and retire 26 from 2025 to 2027, including 21 C919 aircraft[31]. - The average age of the fleet is 9.2 years, with a focus on optimizing the fleet structure for green development[30]. - The company operates an efficient fleet of 804 passenger aircraft with an average age of approximately 9.2 years, focusing on core hubs in Shanghai and Beijing[78]. Financial Performance - Revenue for 2023 reached RMB 113,788 million, a significant increase of 145% compared to RMB 46,333 million in 2022[19]. - The net loss attributable to equity holders for 2023 was RMB 8,190 million, improving from a net loss of RMB 37,392 million in 2022[24]. - Operating profit for 2023 was RMB 1,618 million, a turnaround from an operating loss of RMB 31,637 million in 2022[19]. - The company reported a net loss of RMB 4,226 million for 2024, a reduction from the previous year's loss of RMB 8,190 million[24]. - The company's operating revenue reached RMB 132.12 billion, a year-on-year growth of 16.11%, while the net loss attributable to shareholders was RMB 4.226 billion, significantly reduced by RMB 3.964 billion[49]. - The group's total operating costs for 2024 amounted to RMB 137.01 billion, reflecting a year-on-year increase of 13.08% due to the recovery of the air passenger market[111]. - Aircraft fuel costs increased to RMB 45.50 billion, up 10.70% year-on-year, primarily due to an 18.28% increase in fuel consumption[111]. Passenger and Cargo Traffic - The company reported a significant increase in passenger traffic, with a year-over-year growth of 15% in the last quarter[1]. - Cargo revenue increased by 20% compared to the previous year, reflecting strong demand in the logistics sector[1]. - Passenger traffic increased to 140,565.95 thousand passengers in 2024, representing a growth of 21.58% from 115,617.54 thousand passengers in 2023[25]. - The company achieved a total transport turnover of 25.25 billion ton-kilometers and a passenger transport volume of 141 million, representing year-on-year increases of 36.32% and 21.58%, respectively, both reaching historical highs[33]. - The cargo turnover volume in the passenger aircraft belly increased by 47.05% year-on-year, generating cargo revenue of RMB 5.331 billion, a substantial year-on-year growth of 46.70%[54]. Strategic Initiatives and Partnerships - The company aims to enhance its digital services, with a projected investment of $100 million in technology upgrades[1]. - The company is exploring strategic partnerships and potential acquisitions to strengthen its market position[1]. - The company launched 11 new international routes, enhancing its connectivity to Europe and Australia[35]. - The company signed strategic cooperation agreements with national and Shanghai museums to explore new paths for the integration of culture, aviation, and tourism[43]. - The company is actively promoting sustainable aviation fuel (SAF) across multiple routes and aircraft types, aligning with carbon reduction goals[68]. Market Position and Competition - The company has enhanced its hub construction, achieving a market share of 42.2% in Shanghai and 32% in the Yangtze River Delta, with increases of 0.9 and 1.4 percentage points year-on-year[53]. - The company is focusing on high-quality development, aiming for a "world-class, happy Eastern Airlines" strategic goal by 2025[70]. - The company faces intensified competition in the domestic and international aviation markets due to the opening of the domestic aviation market and the growth of low-cost airlines, which may impact its market share and pricing strategies[99]. Risk Management and Compliance - The company has enhanced its risk management framework, focusing on high-risk areas and improving internal control mechanisms[67]. - The company is committed to sustainable development and compliance with environmental regulations, investing in fuel-efficient aircraft and noise reduction technologies to manage operational costs[108]. - The company is enhancing its information security measures to protect against data breaches and network attacks, which could adversely affect its operations and brand image[102]. - The company is implementing a comprehensive risk management system to address potential challenges in international market expansion and investment projects[103]. Corporate Governance and Management - The company is committed to maintaining good corporate governance and effective communication with investors to avoid significant stock price fluctuations[107]. - The company has a strong governance structure with independent directors holding significant positions in other listed companies, enhancing oversight and strategic direction[173][174][175]. - The company is actively expanding its board to include professionals with expertise in finance, aviation, and management, which is crucial for navigating market challenges[176][179]. - The company has experienced a significant turnover in management, with several key positions being filled and vacated in 2024[185]. Employee and Shareholder Information - The group employed a total of 85,168 employees, with 47,579 in the parent company and 37,589 in major subsidiaries[133]. - The group plans to maintain a female employee ratio of 36.95% and has 12.5% female representation on the board of directors[135]. - The company has established a comprehensive dividend policy, proposing no profit distribution for the fiscal year 2024, which will be submitted for approval at the 2024 annual general meeting[142][143]. Future Outlook - Future guidance indicates an expected revenue growth of 10% for the upcoming fiscal year[1]. - The company expects revenue for 2024 to reach RMB 132,120 million, reflecting a projected growth of 16.5% from 2023[24]. - In 2024, China's civil aviation passenger transport volume is expected to reach 730 million, an increase of 17.9% compared to 2023 and 10.6% compared to 2019[80]. - Global passenger travel demand is projected to grow by 10.4% in 2024, with an average global flight load factor reaching a record high of 83.5%[80].

(Stock Code 股份代號: 670) Dear non-registered shareholder(s), China Eastern Airlines Corporation Limited 中國東方航空股份有限公司 (A joint stock limited company incorporated in the People's Republic of China with limited liability) （在中華人民共和國註冊成立的股份有限公司） 請注意，所有未來公司通訊的英文版和中文版將在本公司網站 www.ceair.com 和披露易網站 www.hkexnews.hk 上提供，以代替印刷版。 Reminder letter regarding the Arrangement of Electronic Dissemination of Corporate Communications China Eastern Airlines Corporation Limited (the "Company") is writing to remind you that the Compa ...

China Eastern Airlines Corporation Limited 中國東方航空股份有限公司 (A joint stock limited company incorporated in the People's Republic of China with limited liability) （在中華人民共和國註冊成立的股份有限公司） (Stock Code 股份代號: 670) Dear registered shareholder(s), Reminder letter regarding the Arrangement of Electronic Dissemination of Corporate Communications China Eastern Airlines Corporation Limited (the "Company") is writing to remind you that the Company has adopted electronic dissemination of corporate communications (the "Corpora ...

（在中華人民共和國註冊成立的股份有限公司） （股份代號：00670） 股東週年大會 回執 致：中國東方航空股份有限公司（「公司」） 本人╱吾等擬親自╱委託代理人出席公司於2025年5月28日（星期三）下午2時正在中國上海市 長寧區空港三路99號東航大酒店舉行的股東週年大會。 姓名 H股持股量 身份證╱護照號碼 股東賬號 通訊地址 聯繫電話 簽署： 日期： 年 月 日 1. 請用正楷書寫中英文全名（股東名冊的登記名字）。 2. 請附上載有 閣下名字及相片的身份證╱護照相關頁數的複印本。 3. 請附上持股證明文件的複印本。 4. 對「親自╱委託代理人」及「身份證╱護照號碼」須作出選擇的欄目，請劃去不適用者。 5. 此回執在填妥及簽署後須於2025年5月21日（星期三）至2025年5月27日（星期二）（以郵寄方式）送交中國上海 市閔行區虹翔三路36號東航之家北區A2棟5樓中國東方航空股份有限公司董事會辦公室的辦公地址，並註明 董事會辦公室收。 附註： 此回執可採用來函（郵政編號：201100）方式送達公司。 ...