SACL(000089)2023-08-24 16:00Airport Operations and Capacity - As of June 30, 2023, Shenzhen Airport has 156 passenger routes and 57 cargo routes, with a peak hour capacity approved to increase to 60 aircraft movements[31]. - In the first half of 2023, the flight release normal rate reached 91.1%, ranking among the top large airports in China[33]. - The company completed 187,000 flight takeoffs and landings, ranking third nationwide and recovering to 103.4% of the level in the same period of 2019[61]. - Passenger throughput reached 24.364 million, a year-on-year increase of 159.4%, recovering to 94.3% of the level in the same period of 2019[61]. - The company aims to expand its international and regional passenger routes to reach 30 routes and open more than 3 new domestic destinations[87]. Financial Performance - The company achieved operating revenue of CNY 194,712 million, an increase of 47.45% year-on-year, driven by a 68.5% increase in flight takeoffs and landings[61]. - The total profit amounted to CNY -7,904 million, a year-on-year increase of 90.2%, while the net profit attributable to the parent company was CNY -5,510 million, up 91.12% year-on-year[61]. - The company achieved operating revenue of 72.89 million yuan, an increase of 46.94% year-on-year, and a total profit of 30.55 million yuan, up 129.61% year-on-year[81]. Business Development and Strategy - The company plans to build a new layout consisting of "three terminal areas, three runways, and one satellite hall" to enhance its status as an international comprehensive transportation hub[31]. - The company is actively pursuing digital transformation, integrating new ICT technologies such as AI, big data, and 5G to enhance operational efficiency and passenger experience[34]. - The company is focused on high-quality development and improving safety management systems to ensure stable operations amid economic recovery[56]. - The company is actively promoting the construction of the Shenzhen Airport logistics park to improve air transport capacity and meet customs supervision requirements[81]. - The company plans to enhance its air transport and cross-border e-commerce business, driving overall operational performance positively[81]. Logistics and Cargo Operations - The logistics ecosystem is being accelerated, with a focus on attracting major logistics companies like SF Express, UPS, DHL, and FedEx, achieving 24-hour customs clearance for express mail[31]. - The aviation logistics business generated operating revenue of CNY 14,738 million, accounting for 7.57% of total revenue, with a year-on-year increase of 27.16%[64]. - The company is enhancing its cold chain logistics for fresh produce and increasing the utilization rate of cold storage facilities[109]. - The company plans to open 5 new all-cargo routes in the second half of the year to enhance freight expansion[109]. Environmental and Social Responsibility - The company published over 125 public welfare advertisements and collaborated with global organizations to promote environmental and animal protection themes[53]. - The company is committed to environmental risk management and has established a comprehensive emergency management system for environmental incidents[119]. - The company is actively promoting energy-saving measures, including the renovation of the lighting system in the T3 terminal[122]. - The company has achieved a 100% usage rate of APU replacement devices for aircraft, significantly reducing emissions[122]. Related Party Transactions - The company engaged in significant related party transactions with Shenzhen Airport Group, including procurement of goods and services amounting to CNY 21,298.79 million, representing 11.71% of similar transaction amounts[135]. - The company reported a related party transaction for leasing services with Shenzhen Airport Group, with a transaction amount of CNY 16,546.00 million, accounting for 9.09% of similar transaction amounts[135]. - The company disclosed a related party transaction for property management services with Shenzhen Airport Property Services, amounting to CNY 5,594.00 million, which is 3.07% of similar transaction amounts[136]. - The company’s related party transactions are priced based on market principles, ensuring compliance with regulatory standards[135]. Joint Ventures and Collaborations - The company established a joint venture with Shenzhen Duty Free Group for operating duty-free shops, with a registered capital of CNY 10,000 million, in which the company holds 49%[57]. - A joint venture named Shenzhen Pengsheng Airport Duty-Free Co., Ltd. has been established with a registered capital of RMB 100 million, where the company holds 49% and invested RMB 49 million[192]. - The joint venture aims to enhance operational management capabilities of the airport duty-free shops and explore new revenue growth points[192]. Compliance and Governance - The financial report is guaranteed to be true, accurate, and complete by the board and management, with no significant omissions or misleading statements[2]. - The company has not faced any administrative penalties due to environmental issues during the reporting period[96]. - The company has maintained compliance with regulatory requirements regarding fund transactions and external guarantees[168].