BEIJING AIRPORT(00694) 智通财经网·2025-05-15 09:49Core Viewpoint - The company has agreed to acquire assets related to the renovation of the west runway at Beijing Capital Airport for a total price of RMB 327 million, which is subject to adjustments [1][2]. Group 1: Asset Acquisition Details - The assets include the renovated runway surface and shoulders, navigation lighting systems, and related auxiliary equipment [1]. - The acquisition is part of a project approved by the Civil Aviation Administration of China in 2019, designating the parent company as the project entity [2]. - The company will temporarily use the assets starting from the end of October 2020 without paying usage fees until the ownership transfer is finalized [1][2]. Group 2: Importance of the Assets - The west runway, built in 1980 and last resurfaced in 2000, has deteriorated due to increased air traffic and age, necessitating major renovations to ensure safety [2]. - The acquisition of these assets is expected to enhance the performance and lifespan of the west runway, thereby improving flight safety at Beijing Capital Airport [2]. - This acquisition aligns with the company's interests by clarifying asset ownership and enhancing operational efficiency and safety at the airport [2].