SIA(SH:600009) Xin Lang Cai Jing·2025-08-17 09:04Group 1 - Shanghai Airport Group and Nantong Urban Construction Group established a joint venture on August 15, 2023, named "Hushu Nantong New Airport Construction Investment Co., Ltd." with a registered capital of 1 billion yuan [1] - The planning for Nantong New Airport began in 2020, with a cooperation agreement signed between Shanghai Airport Group and Nantong Municipal Government, aiming to enhance Shanghai's international aviation hub [1] - In mid-July 2023, Shanghai Airport Group stated that it manages both Pudong International Airport and Hongqiao International Airport, indicating a unified management approach [1] Group 2 - Shanghai Airport is advancing the Phase IV expansion project of Pudong Airport, which is a key project under the national "14th Five-Year Plan" and part of the Yangtze River Delta world-class airport cluster [2] - The company disclosed the costs associated with the Phase IV expansion in its 2024 financial report, detailing the construction of the passenger transit system vehicle base and the southern access road underground machine room [2]