SIA(SH:600009) 证券时报·2025-08-17 10:31Core Viewpoint - The construction of Nantong New Airport, referred to as "Shanghai's Third Airport," is progressing with significant involvement from Shanghai Airport Group and local government support, aiming to enhance the Shanghai international aviation hub [1][3][4]. Group 1: Project Development - Nantong New Airport Construction Investment Co., Ltd. was established on August 15, with a registered capital of 1 billion yuan, focusing on civil airport operations and related services [1]. - The airport is positioned as a crucial part of the Shanghai international aviation hub, complementing existing airports in Shanghai [3][4]. - The project has been included in the Yangtze River Delta regional integration development plan, emphasizing its strategic importance [3]. Group 2: Timeline and Delays - The construction of Nantong New Airport has experienced delays, with the project currently in the pre-feasibility research approval stage [6]. - The expected timeline indicates that the feasibility study report will be approved by April 2023, with construction anticipated to start in November 2023 and completion projected between 2026 and 2027 [6]. Group 3: Infrastructure Integration - The airport is planned to be integrated into a multi-airport system alongside Pudong and Hongqiao airports, enhancing connectivity through rail links [4][6]. - This integration aims to solidify Shanghai's position as a core aviation hub, improving its reach within the Yangtze River Delta and beyond [4].