“上海第三机场”有新进展，上海机场与南通国资成立合资公司

Core Insights - The establishment of the Nantong New Airport Construction Investment Co., Ltd. marks a significant development in the construction of the Nantong New Airport, which is referred to as "Shanghai's Third Airport" [1] - The company has a registered capital of 1 billion yuan and its business scope includes civil airport operations, public air transportation, construction engineering, and general aviation services [1] - The company is a joint venture between Shanghai Airport (Group) Co., Ltd. and Nantong Urban Construction Group Co., Ltd., with respective shareholdings of 51% and 49% [1] Industry Context - The Nantong New Airport is strategically located approximately 100 kilometers from both Shanghai Hongqiao and Pudong airports, enhancing its role as an important component of the Shanghai international aviation hub [1] - The Civil Aviation Administration of China approved the site selection for the Nantong New Airport in September 2020, confirming the site in Tongzhou District, Nantong City, as the preferred location [1] - In June 2024, Shanghai Airport Group officially announced a cooperation agreement with the Nantong municipal government to jointly build the Nantong New Airport, solidifying its position within the Shanghai international aviation framework [1]