
Core Viewpoint - Spring Airlines' stock price increased by 1.23% to 53.35 yuan as of August 29, 2025, with a market capitalization of 52.194 billion yuan, ranking 6th in the aviation sector and 316th in the A-share market [1] Shareholder Changes - As of June 30, 2025, the number of shareholders decreased by 7.43% to 21,000, with the average shareholding increasing from 43,100 shares to 46,600 shares, and the average shareholding value reaching 2.5906 million yuan [2][7] Performance Disclosure Highlights - For the first half of 2025, Spring Airlines reported a main revenue of 10.304 billion yuan, a year-on-year increase of 4.35%, while the net profit attributable to shareholders decreased by 14.11% to 1.169 billion yuan. The second quarter alone saw a revenue of 4.987 billion yuan, up 5.95%, but a net profit decline of 10.74% to 491 million yuan. The company’s debt ratio stood at 62.09% and gross profit margin at 13.88% [3][7] Company Announcements Summary - The company plans to distribute a cash dividend of 0.43 yuan per share, totaling approximately 417.62 million yuan, which represents 35.74% of the net profit attributable to shareholders. The total amount for dividends and share buybacks is 52.03% of the net profit for the first half of 2025 [4][7] Bond Issuance and Share Buyback Plans - The company received approval from the CSRC to publicly issue bonds up to 2 billion yuan, valid for 24 months. Additionally, the board approved a share buyback plan with a budget of 300 to 500 million yuan for an employee stock ownership plan, with a buyback price not exceeding 65 yuan per share [5]