GBIAC(600004) Nan Fang Du Shi Bao·2025-06-09 14:47Group 1 - The Guangzhou Baiyun Airport Phase III expansion project is the largest airport expansion project in China's civil aviation history, with a total investment exceeding 100 billion yuan [1] - The project involves the relocation of 62 villages and approximately 62,000 residents, with the first batch of housing for displaced residents expected to be completed six months ahead of schedule [1] - The total planned area for the Phase III housing project is over 12.5 million square meters, making it the largest housing project under construction in Guangdong Province [1] Group 2 - The fifth runway (East Third Runway) of Guangzhou Baiyun International Airport has entered the flight calibration phase, marking a critical verification stage before its operation [2][4] - The calibration will test key systems such as communication navigation, approach lighting, and overall flight procedures, significantly improving operational efficiency during peak flight times once completed [4] - Upon full completion, the airport's annual passenger throughput capacity will exceed 120 million, and cargo throughput will reach 3.8 million tons, reinforcing its status as a core aviation hub in the Guangdong-Hong Kong-Macao Greater Bay Area [4]