Group 1 - The core viewpoint of the articles highlights the operational performance and fleet updates of China Southern Airlines for December 2025, indicating growth in passenger and cargo metrics [1][2] Group 2 - In December 2025, passenger capacity (measured in available seat kilometers) increased by 11.89% year-on-year, with domestic, regional, and international segments rising by 6.81%, 2.80%, and 25.76% respectively [1] - Passenger turnover (measured in revenue passenger kilometers) rose by 11.20% year-on-year, with domestic, regional, and international increases of 6.88%, 5.72%, and 22.77% respectively [1] - The passenger load factor was 84.05%, a decrease of 0.53 percentage points year-on-year, with domestic and regional load factors increasing by 0.05 and 2.16 percentage points, while international load factor decreased by 2.03 percentage points [1] - Cargo capacity (measured in available ton kilometers) increased by 19.28% year-on-year, and cargo turnover (measured in revenue ton kilometers) rose by 10.86% year-on-year [1] - The cargo load factor was 51.95%, a decline of 3.95 percentage points year-on-year [1] - New major routes introduced in December 2025 include Guangzhou-Jiaxing-Guangzhou (seven flights per week), Guangzhou-Darwin-Guangzhou (three flights per week), and Guangzhou-Madrid-Guangzhou (three flights per week) [1] Group 3 - The company introduced 8 new aircraft in December 2025, including 3 A320NEO, 3 A321NEO, 1 B737-8, and 1 C919, while retiring 2 aircraft, comprising 1 A321 and 1 B737-700 [2] - As of the end of December 2025, the total operational fleet consisted of 972 aircraft [2]

Group 1: Stock Performance and Trading Updates - Liou Co., Ltd. announced a stock suspension for verification due to a 96.77% deviation in closing price over 10 consecutive trading days from December 31, 2025, to January 15, 2026, with a suspension expected to last no more than 3 trading days [1] - Aerospace Development's major shareholder reduced holdings by 12.26 million shares during a period of stock trading volatility, planning further reductions in the future [3] - Zhite New Materials' stock will resume trading on January 16, 2026, after a 198.57% increase over six consecutive trading days, confirming that its business does not involve AI applications [5] Group 2: Financial Performance Forecasts - SAIC Motor Corporation expects a net profit of 9 billion to 11 billion yuan for 2025, representing a year-on-year increase of 438% to 558%, with wholesale vehicle sales projected at 4.5075 million units, up 12.32% from the previous year [1] - Kunlun Wanwei anticipates a net loss for 2025, indicating a downturn in operational performance [2] - Luoyang Molybdenum Co. forecasts a net profit of 20 billion to 20.8 billion yuan for 2025, reflecting a year-on-year increase of 48% to 54% due to rising product prices and effective cost control [3] - Tianji Co. expects a net profit of 70 million to 105 million yuan for 2025, recovering from a loss of 1.361 billion yuan in the previous year, driven by increased demand in the new energy and energy storage markets [7] Group 3: Strategic Partnerships and Investments - Longpan Technology signed a procurement agreement with CATL, expecting transactions not to exceed 7 billion yuan in 2026 to support its new energy business [4] - Jizhi Technology acquired a 3% partnership stake in an investment fund focused on AI large model companies, investing 15.75 million yuan [6] - Aerospace Information anticipates a net loss of 700 million to 980 million yuan for 2025, indicating a significant operational challenge [13]

Core Viewpoint - China Southern Airlines (600029.SH) reported an increase in passenger capacity and turnover for December 2025, indicating growth in both domestic and international markets, despite a slight decline in overall passenger load factor [1] Passenger Operations - The group's passenger capacity (measured in available seat kilometers) increased by 11.89% year-on-year, with domestic, regional, and international segments rising by 6.81%, 2.80%, and 25.76% respectively [1] - Passenger turnover (measured in revenue passenger kilometers) rose by 11.20% year-on-year, with domestic, regional, and international segments increasing by 6.88%, 5.72%, and 22.77% respectively [1] - The passenger load factor was 84.05%, a decrease of 0.53 percentage points year-on-year, with domestic and regional segments increasing by 0.05 and 2.16 percentage points, while international load factor decreased by 2.03 percentage points [1] Cargo Operations - Cargo capacity (measured in available ton kilometers) increased by 19.28% year-on-year [1] - Cargo turnover (measured in revenue ton kilometers) rose by 10.86% year-on-year [1] - The cargo load factor was 51.95%, a decline of 3.95 percentage points year-on-year [1]

Group 1 - The core viewpoint of the announcement is that China Southern Airlines is increasing its passenger capacity and cargo operations significantly by December 2025, with notable growth in international routes and overall operational metrics [1][2] Group 2 - By December 2025, the group's passenger capacity (measured in available seat kilometers) is expected to increase by 11.89%, with domestic, regional, and international segments rising by 6.81%, 2.80%, and 25.76% respectively [1] - The passenger turnover (measured in revenue passenger kilometers) is projected to rise by 11.20%, with domestic, regional, and international increases of 6.88%, 5.72%, and 22.77% respectively [1] - The passenger load factor is reported at 84.05%, showing a decrease of 0.53 percentage points year-on-year, with domestic and regional load factors increasing by 0.05 and 2.16 percentage points, while international load factor decreased by 2.03 percentage points [1] Group 3 - In terms of cargo operations, the cargo capacity (measured in available ton kilometers) is expected to rise by 19.28%, while the cargo turnover (measured in revenue ton kilometers) is projected to increase by 10.86% [1] - The cargo load factor stands at 51.95%, reflecting a year-on-year decrease of 3.95 percentage points [1] Group 4 - The group plans to introduce new major routes including Guangzhou-Jiaxing-Guangzhou (seven flights per week), Guangzhou-Darwin-Guangzhou (three flights per week), and Guangzhou-Madrid-Guangzhou (three flights per week) by December 2025 [1] Group 5 - By December 2025, the group will introduce 8 new aircraft, including 3 A320NEO, 3 A321NEO, 1 B737-8, and 1 C919, while retiring 2 aircraft, comprising 1 A321 and 1 B737-700 [2] - As of the end of December 2025, the group will operate a total of 972 transport aircraft [2]

Core Viewpoint - China Southern Airlines announced an increase in passenger capacity and cargo capacity for December 2025, indicating growth in both domestic and international markets [1][2] Group 1: Passenger Operations - The group's passenger capacity (measured in available seat kilometers) is expected to rise by 11.89% year-on-year, with domestic, regional, and international segments increasing by 6.81%, 2.80%, and 25.76% respectively [1] - Passenger turnover (measured in revenue passenger kilometers) is projected to increase by 11.20% year-on-year, with domestic, regional, and international segments growing by 6.88%, 5.72%, and 22.77% respectively [1] - The passenger load factor is reported at 84.05%, a decrease of 0.53 percentage points year-on-year, with domestic and regional segments increasing by 0.05 and 2.16 percentage points, while the international segment decreased by 2.03 percentage points [1] Group 2: Cargo Operations - Cargo capacity (measured in available ton kilometers) is expected to increase by 19.28% year-on-year [1] - Cargo turnover (measured in revenue ton kilometers) is projected to rise by 10.86% year-on-year [1] - The cargo load factor is reported at 51.95%, a decrease of 3.95 percentage points year-on-year [1] Group 3: Fleet Expansion - The group plans to introduce 8 new aircraft, including 3 A320NEO, 3 A321NEO, 1 B737-8, and 1 C919, while retiring 2 aircraft, which include 1 A321 and 1 B737-700 [2] - As of the end of December 2025, the total operational fleet will consist of 972 aircraft [2] Group 4: New Routes - New major routes introduced include Guangzhou-Jiaxing-Guangzhou (7 flights per week), Guangzhou-Darwin-Guangzhou (3 flights per week), and Guangzhou-Madrid-Guangzhou (3 flights per week) [1]

Core Viewpoint - China Southern Airlines (600029.SH) reported an increase in passenger capacity and turnover for December 2025, indicating growth in both domestic and international markets, despite a slight decline in overall passenger load factor [1] Passenger Operations - Passenger capacity (measured in available seat kilometers) is expected to rise by 11.89% year-on-year, with domestic, regional, and international segments increasing by 6.81%, 2.80%, and 25.76% respectively [1] - Passenger turnover (measured in revenue passenger kilometers) is projected to grow by 11.20% year-on-year, with domestic, regional, and international segments increasing by 6.88%, 5.72%, and 22.77% respectively [1] - The passenger load factor stands at 84.05%, reflecting a year-on-year decrease of 0.53 percentage points, with domestic and regional segments showing slight increases of 0.05 and 2.16 percentage points, while the international segment decreased by 2.03 percentage points [1] Cargo Operations - Cargo capacity (measured in available ton kilometers) is anticipated to increase by 19.28% year-on-year [1] - Cargo turnover (measured in revenue ton kilometers) is expected to rise by 10.86% year-on-year [1] - The cargo load factor is reported at 51.95%, which is a year-on-year decline of 3.95 percentage points [1]

货运方面，2025年12月货运运力投入(按可利用吨公里—货邮运计)同比上升19.28%；货邮周转量(按收 入吨公里—货邮运计)同比上升10.86%；货邮载运率为51.95%，同比下降3.95个百分点。 格隆汇1月15日丨中国南方航空股份(01055.HK)公告，2025年12月，集团客运运力投入(按可利用座公里 计)同比上升11.89%，其中国内、地区和国际分别同比上升6.81%、2.80%和25.76%；旅客周转量(按收入 客公里计)同比上升11.20%，其中国内、地区和国际分别同比上升6.88%、5.72%和22.77%；客座率为 84.05%，同比下降0.53个百分点，其中国内和地区分别同比上升0.05和2.16个百分点，国际同比下降 2.03个百分点。 2025年12月，集团新增主要航线情况如下：广州-嘉兴-广州(每周七班)、广州-达尔文-广州(每周三班)、 广州-马德里-广州(每周三班)。 ...

证券代码：600029 证券简称：南方航空 公告编号：临 2026-002 中国南方航空股份有限公司 2025 年 12 月主要运营数据公告 本公司董事会及全体董事保证本公告内容不存在任何虚假 记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性 和完整性承担法律责任。 2025年12月，本集团引进8架飞机（包含3架A320NEO飞机、 3架A321NEO飞机、1架B737-8飞机和1架C919飞机），退出2架 飞机（包含1架A321飞机和1架B737-700飞机）。截至2025年12 月底，本集团合计运营972架运输飞机，具体保有情况如下： | 机型 | 自行保有 | 融资租赁 | 经营租赁 | 小计 | | --- | --- | --- | --- | --- | | 空客 350 系列 | 6 | 14 | 0 | 20 | | 空客 330 系列 | 10 | 15 | 0 | 25 | | 空客 320 系列 | 152 | 110 | 146 | 408 | | 波音 787 系列 | 13 | 20 | 10 | 43 | | 波音 777 系列 | 19 | 15 | 0 | 34 | ...

Group 1 - The core viewpoint of the articles highlights the operational performance and fleet updates of China Southern Airlines for December 2025, indicating growth in passenger and cargo metrics [1][2] Group 2 - In December 2025, passenger capacity (measured in available seat kilometers) increased by 11.89% year-on-year, with domestic, regional, and international segments rising by 6.81%, 2.80%, and 25.76% respectively [1] - Passenger turnover (measured in revenue passenger kilometers) rose by 11.20% year-on-year, with domestic, regional, and international increases of 6.88%, 5.72%, and 22.77% respectively [1] - The passenger load factor was 84.05%, a decrease of 0.53 percentage points year-on-year, with domestic and regional load factors increasing by 0.05 and 2.16 percentage points, while international load factor decreased by 2.03 percentage points [1] - Cargo capacity (measured in available ton kilometers) increased by 19.28% year-on-year, and cargo turnover (measured in revenue ton kilometers) rose by 10.86% year-on-year [1] - The cargo load factor was 51.95%, a decrease of 3.95 percentage points year-on-year [1] - New major routes introduced include Guangzhou-Jiaxing-Guangzhou (seven flights per week), Guangzhou-Darwin-Guangzhou (three flights per week), and Guangzhou-Madrid-Guangzhou (three flights per week) [1] Group 3 - The company introduced 8 new aircraft in December 2025, including 3 A320NEO, 3 A321NEO, 1 B737-8, and 1 C919, while retiring 2 aircraft, comprising 1 A321 and 1 B737-700 [2] - As of the end of December 2025, the total operational fleet consisted of 972 aircraft [2]

Group 1 - The core viewpoint of the articles highlights the operational performance and capacity growth of China Southern Airlines in December 2025, with significant increases in passenger and cargo metrics [1][2] Group 2 - Passenger capacity (measured in available seat kilometers) increased by 11.89% year-on-year, with domestic, regional, and international segments rising by 6.81%, 2.80%, and 25.76% respectively [1] - Passenger turnover (measured in revenue passenger kilometers) rose by 11.20% year-on-year, with domestic, regional, and international segments increasing by 6.88%, 5.72%, and 22.77% respectively [1] - The passenger load factor was 84.05%, a decrease of 0.53 percentage points year-on-year, with domestic and regional load factors increasing by 0.05 and 2.16 percentage points, while international load factor decreased by 2.03 percentage points [1] - Cargo capacity (measured in available ton kilometers) increased by 19.28% year-on-year, and cargo turnover (measured in revenue ton kilometers) rose by 10.86% year-on-year [1] - The cargo load factor was 51.95%, a decrease of 3.95 percentage points year-on-year [1] - New major routes introduced include Guangzhou-Jiaxing-Guangzhou (seven flights per week), Guangzhou-Darwin-Guangzhou (three flights per week), and Guangzhou-Madrid-Guangzhou (three flights per week) [1] Group 3 - The company introduced 8 new aircraft, including 3 A320NEO, 3 A321NEO, 1 B737-8, and 1 C919, while retiring 2 aircraft, comprising 1 A321 and 1 B737-700 [2] - As of the end of December 2025, the total operational fleet consisted of 972 aircraft [2]