Zhi Tong Cai Jing·2026-01-06 00:22Core Viewpoint - China National Airlines (601111) announced a share placement agreement to sell 108.08 million shares of Cathay Pacific at HKD 12.22 per share, representing approximately 1.61% of Cathay Pacific's total issued shares as of the announcement date [1] Group 1 - The share placement is expected to be completed on the second business day after all conditions are met or waived by the placement agent, but no later than January 8, 2026, or another date agreed upon in writing by Easerich and the placement agent [1] - The estimated pre-tax profit from this share sale is approximately RMB 182 million, excluding transaction costs, other comprehensive income, VAT, and additional impacts, with the HKD to RMB exchange rate calculated at 1:0.90141 [1] - Following the completion of the share sale, assuming no other changes in the total issued shares of Cathay Pacific, the company will hold 1,822,436,334 shares, representing about 27.11% of Cathay Pacific's total issued shares [1]