SACL(SZ:000089) Sou Hu Cai Jing·2025-05-31 03:19Core Viewpoint - Shenzhen Airport is experiencing strong growth in passenger and cargo traffic, with significant increases in both domestic and international segments, while maintaining a strategic focus on enhancing its operational capacity and commercial revenue streams [1][2][3][5] Group 1: Operational Performance - As of April 2025, Shenzhen Airport achieved a domestic passenger throughput of 19.83 million, representing a year-on-year increase of 8.01% [1][5] - The airport's international passenger throughput reached 1.89 million, showing a substantial year-on-year growth of 37.74% [2][5] - Cargo throughput for domestic mail and freight was 298,500 tons, reflecting a year-on-year increase of 6.85% [1][5] Group 2: Future Development Plans - Shenzhen Airport has no significant capital expenditure plans currently, focusing instead on leveraging its existing resources and infrastructure [2][5] - Future development includes the construction of three runways, three terminal areas, and three cargo zones, aiming to establish a comprehensive international transportation hub [2][5] Group 3: Commercial Revenue Strategy - The airport is enhancing its commercial operations by introducing 15 international luxury brands and nine new product launches, aiming to boost non-aeronautical revenue [3][5] - Plans are in place to optimize duty-free store locations and increase the appeal of new technology products to enhance consumer attraction and sales revenue [3][5] Group 4: Regional Competitive Position - Shenzhen Airport is strategically located in the core of the Guangdong-Hong Kong-Macao Greater Bay Area, serving as a key hub for regional economic collaboration [4][5] - The airport aims to develop a route network that aligns with local and regional travel demands, capitalizing on its market advantages [4][5]