Major Events - Shandong Xinhua Pharmaceutical Co., Ltd. received the approval notice for the listing application of fumaric acid vonoprazan chemical raw materials [1] - HeYue Pharmaceutical showcased long-term efficacy and safety data from the clinical III MANEUVER study of pitmiprazole at the CTOS 2025 conference [1] - China Software International partnered with Deep Open Hong and Yiswei Computing to build a new ecosystem for "open-source HarmonyOS + RISC-V" digital infrastructure [1] - China General Nuclear Power Corporation's Zhaoyuan Unit 1 is set to begin full construction [1] - Hengrui Medicine's fumaric acid teglutide injection received approval for clinical trials [1] - China National Nuclear Corporation signed an intention procurement agreement for cobalt-60 irradiation sources with the Brazilian National Nuclear Energy Commission [1] Operating Performance - China Railway Construction Corporation recently won several major projects with a total investment of 49.629 billion yuan [1] - Geely Automobile reported a net profit of 3.82 billion yuan for the third quarter, a year-on-year increase of 59% [1] - China Resources Power's subsidiary power plants achieved a cumulative electricity sales volume of 185 million megawatt-hours in the first ten months, a year-on-year increase of 6.5% [1] - Leap Motor reported a net profit of 150 million yuan for the third quarter, maintaining the top sales position among new force brands in China for eight consecutive months [1] - Huazhu Group's net profit attributable to shareholders for the third quarter was 1.5 billion yuan, a year-on-year growth of 15.4% [1] - Air China saw a year-on-year increase of 8.7% in passenger turnover in October [1] - China Eastern Airlines reported a year-on-year increase of 10.58% in passenger turnover in October [1]

Group 1: Financing and Investment Plans - Shengyi Electronics plans to raise no more than 2.6 billion yuan through a private placement to invest in AI computing HDI production base, smart manufacturing high-layer circuit board projects, and to supplement working capital and repay bank loans [2] - Lianmicro intends to invest 2.262 billion yuan to construct a project with an annual production capacity of 1.8 million pieces of 12-inch heavily doped substrate wafers [3] - Daimei Co. plans to invest 100 million yuan to establish a wholly-owned subsidiary focused on robotics technology [5] Group 2: Stock Performance and Trading - Furi Shares experienced a significant stock price fluctuation, with an 8-day cumulative deviation of 113.94%, indicating potential irrational speculation [2] - Tianfu Communication has set the initial inquiry transfer price at 140 yuan per share, reflecting a 7.2% discount from the closing price [7] - Ningde Times' third-largest shareholder is transferring shares at a price of 376.12 yuan per share, with full subscription from 16 institutional investors [6] Group 3: Operational Updates - Yongtai Technology's wholly-owned subsidiary is set to begin trial production of a lithium battery additive project with an annual capacity of 5,000 tons, increasing the total capacity to 10,000 tons per year [3] - Trina Solar's subsidiary signed contracts for the sale of 2.66 GWh of energy storage products, which is expected to positively impact future operating performance [5] - Yinglian Co. signed a strategic procurement contract for over 50 million square meters of composite aluminum foil materials for quasi-solid-state batteries, which will enhance its operational development in 2026-2027 [5] Group 4: Corporate Restructuring and Management - Huaxia Happiness has been designated a temporary manager for pre-restructuring by the court, pending a decision on its restructuring application [8] - The National Integrated Circuit Fund has reduced its stake in Shengke Communication by 2.49%, completing its planned share reduction [4]

Group 1 - The core viewpoint of the articles indicates that China National Airlines (CNA) has experienced significant growth in passenger turnover and capacity in October 2025, with a notable increase in both domestic and international operations [1] - The group reported a year-on-year increase of 8.7% in passenger turnover (measured in revenue passenger kilometers) and a 4.3% increase in passenger capacity (measured in available seat kilometers) [1] - Domestic passenger capacity increased by 3.2% with a 5.5% rise in passenger turnover, while international passenger capacity rose by 7.5% and passenger turnover surged by 17.6% [1] - The average passenger load factor reached 85.3%, up by 3.4 percentage points year-on-year, with international routes seeing a 7.0 percentage point increase [1] Group 2 - In terms of cargo operations, cargo capacity (measured in available cargo ton kilometers) decreased by 0.9%, while cargo and mail turnover (measured in revenue cargo ton kilometers) increased by 3.1% [1] - The cargo load factor was reported at 38.9%, reflecting a year-on-year increase of 1.5 percentage points [1] - Starting from October 26, 2025, CNA will introduce several new routes, including flights from Hangzhou to Hanoi and from Beijing Capital to various domestic destinations [1] Group 3 - As of the end of October 2025, the group has a total of 949 aircraft in operation, including 417 owned aircraft, 238 financed leased aircraft, and 294 operating leased aircraft [2] - The fleet expansion included the introduction of 4 A320 series aircraft and 1 B737 series aircraft, while 1 A330 series aircraft and 1 A320 series aircraft were retired [2]

Group 1 - The Ministry of Culture and Tourism of China has issued a warning for Chinese tourists to avoid traveling to Japan, leading to a decline in the Japan travel market [1][4] - Travel agencies report an increase in inquiries about cancellations, with some travelers changing their destinations to safer and more certain locations such as Southeast Asia and the UAE [5][7] - The Japanese stock market reacted negatively, with the Nikkei 225 index dropping over 1% and tourism-related stocks falling by more than 10% [4] Group 2 - Many travelers are shifting their focus to domestic destinations and other international locations like Bali and Vietnam's Phu Quoc Island, as they seek warmer climates and family-friendly options [7][9] - Travel agencies are preparing alternative travel products, particularly for winter and island-themed trips, to cater to the changing preferences of tourists [9][11] - Experts suggest that travelers should be cautious about cancellation policies for flights and hotels, especially during peak travel seasons like New Year and Spring Festival [11]

Group 1 - The Chinese Ministry of Culture and Tourism has issued a warning for tourists to avoid traveling to Japan, leading to a decline in the Japan travel market [2][3][5] - There has been an increase in inquiries about cancellations from tourists who had planned trips to Japan, with some changing their travel destinations [2][5] - Major airlines have announced special handling policies for tickets to Japan, allowing free cancellations for flights before December 31 under certain conditions [5] Group 2 - Tourists are shifting their focus to safer and more certain destinations such as Southeast Asia and the UAE, as well as domestic locations suitable for family travel [6][8] - Travel agencies are preparing alternative travel products to cater to the changing preferences of tourists, especially for the upcoming New Year and Spring Festival [6][8] - The demand for winter island tours and other themed travel products is expected to increase as travel agencies adapt to market changes [8] Group 3 - The Japanese stock market has reacted negatively, with the Nikkei 225 index dropping over 1% on November 17, particularly affecting tourism-related stocks [5] - The travel market is expected to take time to adjust, with potential impacts on the Japan travel market during the peak travel season from New Year to Spring Festival [6][7] - Tourists are advised to pay attention to cancellation policies for flights and hotels, especially during the busy travel periods [9]

Core Viewpoint - China International Airlines reported an increase in passenger turnover and capacity for October 2025, indicating a positive trend in both domestic and international travel demand [1] Group 1: Passenger Traffic - The combined passenger turnover (measured in revenue passenger kilometers) increased by 8.7% year-on-year [1] - Passenger capacity (measured in available seat kilometers) rose by 4.3% year-on-year [1] - Domestic passenger capacity increased by 3.2%, with a corresponding turnover rise of 5.5% [1] - International passenger capacity saw a 7.5% increase, with turnover up by 17.6% [1] - Regional passenger capacity grew by 0.6%, with turnover increasing by 7.7% [1] - The average passenger load factor reached 85.3%, up by 3.4 percentage points year-on-year [1] - Domestic routes experienced a load factor increase of 2.0 percentage points, while international routes saw a rise of 7.0 percentage points, and regional routes increased by 5.0 percentage points [1] Group 2: Cargo Operations - Cargo capacity (measured in available cargo ton kilometers) decreased by 0.9% year-on-year [1] - Cargo and mail turnover (measured in revenue cargo ton kilometers) increased by 3.1% year-on-year [1] - The cargo load factor was reported at 38.9%, which is an increase of 1.5 percentage points year-on-year [1]

Core Viewpoint - China National Airlines announced an increase in passenger turnover and capacity for October 2025, indicating a positive trend in both domestic and international travel demand [1] Passenger Operations - The group's consolidated passenger turnover (measured in revenue passenger kilometers) increased by 8.7% year-on-year - Passenger capacity (measured in available seat kilometers) rose by 4.3% year-on-year - Domestic passenger capacity increased by 3.2%, with a turnover rise of 5.5% - International passenger capacity saw a 7.5% increase, with turnover up by 17.6% - Regional passenger capacity grew by 0.6%, with a turnover increase of 7.7% - The average passenger load factor reached 85.3%, up by 3.4 percentage points year-on-year [1] Cargo Operations - Cargo capacity (measured in available cargo ton kilometers) decreased by 0.9% year-on-year - Cargo and mail turnover (measured in revenue cargo ton kilometers) increased by 3.1% year-on-year - The cargo load factor was 38.9%, an increase of 1.5 percentage points year-on-year [1]

Core Insights - China National Airlines (CNA) reported an increase in passenger turnover volume by 8.7% year-on-year, measured in revenue passenger kilometers, for October 2025 [1] - The average passenger load factor improved to 85.3%, up by 3.4 percentage points year-on-year [1] Group 1: Passenger Operations - Passenger capacity input, measured in available seat kilometers, increased by 4.3% year-on-year [1] - Domestic passenger capacity input rose by 3.2%, with a corresponding turnover increase of 5.5% [1] - International passenger capacity input grew by 7.5%, leading to a significant turnover increase of 17.6% [1] - Regional passenger capacity input saw a 0.6% increase, with a turnover rise of 7.7% [1] - Load factors improved across all segments: domestic routes up by 2.0 percentage points, international routes up by 7.0 percentage points, and regional routes up by 5.0 percentage points [1] Group 2: Cargo Operations - Cargo capacity input, measured in available cargo ton kilometers, decreased by 0.9% year-on-year [1] - Cargo and mail turnover, measured in revenue cargo ton kilometers, increased by 3.1% [1] - Cargo load factor improved to 38.9%, up by 1.5 percentage points year-on-year [1] Group 3: Fleet and Routes - The company introduced 4 A320 series aircraft and 1 B737 series aircraft, while retiring 1 A330 series and 1 A320 series aircraft as of October 2025 [2] - The total fleet size reached 949 aircraft, comprising 417 owned, 238 financed leased, and 294 operating leased [2] - New routes added include Hangzhou-Hanoi, Beijing Capital-Panzhihua, Beijing Capital-Xishuangbanna, Hangzhou-Zhuhai, Chengdu Tianfu-Wuhan-Quzhou, Hohhot-Yinchuan-Chengdu Tianfu, and Hangzhou-Hohhot-Ulanhot, with varying frequencies [1]

Group 1 - Japan has been a significant destination for Chinese tourists, but recent warnings from the Chinese Ministry of Foreign Affairs advise against traveling to Japan due to safety concerns and rising incidents of crime against Chinese citizens [2] - Following the advisory, multiple Chinese airlines have announced free ticket change and refund policies for flights to Japan, indicating a response to the deteriorating travel conditions [3][4] - Major airlines such as Air China, China Southern Airlines, and China Eastern Airlines have implemented similar policies, allowing passengers to change or cancel their flights without fees [4] Group 2 - The number of flights between mainland China and Japan has been declining for four consecutive weeks, with flight numbers dropping from 1,223 to 1,189 during this period, representing a significant decrease compared to 2019 [5] - The inbound tourism market from mainland China to Japan may be adversely affected, as data shows a substantial increase in Chinese tourists visiting Japan in previous months, but the current trend suggests a potential downturn [5]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不會就因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00753） 二零二五年十月的主要營運數據公告 隨附公告（「上交所公告」）乃由中國國際航空股份有限公司（「中國國航」）於二零二五年十 一月十七日在上海證券交易所刊發，其中載有中國國航及其附屬公司（統稱「本集團」）二 零二五年十月的合併營運數據。本公告附上上交所公告乃由中國國航根據香港聯合交易 所有限公司證券上市規則（「上市規則」）第13.09條及第13.10B條，以及香港法例第571章 證券及期貨條例第XIVA部項下之內幕消息條文（定義見上市規則）而作出。 隨附上交所公告載列的數據來自本集團內部統計，可能與相關期間定期報告披露的數據 有差異。投資者應注意不恰當信賴或使用以上信息可能造成投資風險。 承董事會命 中國國際航空股份有限公司 公司秘書 肖烽 中國北京，二零二五年十一月十七日 於本公告日期，本公司的董事為劉鐵祥先生、王明遠先生、崔曉峰先生、P ...