Group 1 - The company approved the 2024 Annual Sustainable Development (ESG) Report with a unanimous vote of 9 in favor [1] - The company appointed Mr. Zhang Yong as Vice President and Mr. Wu Weijie as the Secretary of the Board, both with terms until the end of the current board's tenure, also receiving unanimous approval [2][3] - The company plans to hold the 2024 Annual Shareholders' Meeting at a later date, which was also approved unanimously [4] Group 2 - The company announced a guarantee plan for its wholly-owned or controlled subsidiaries, with a total amount not exceeding 600 million yuan for the year 2025 [9][10] - The guarantee will cover subsidiaries including Dukepu Ai Hua Co., Ltd., Shanghai Shensi Enterprise Development Co., Ltd., and others, with specific financial details provided for each [11][12][13][14] - The company has no outstanding guarantees or overdue guarantee situations as of the announcement date [19] Group 3 - The company plans to manage temporarily idle raised funds and self-owned funds, with a maximum of 500 million yuan from raised funds and 100 million yuan from self-owned funds for cash management [22][23] - The cash management will involve high-security, liquid, short-term products, ensuring that it does not affect the normal implementation of investment projects [32][33] - The company has established a three-party supervision agreement for the raised funds, ensuring compliance with relevant regulations [36]

Core Viewpoint - China Eastern Airlines has released its 2024 ESG report, emphasizing its commitment to sustainable development and high-quality growth, aligning with its goal of becoming a world-class airline [1][3]. Group 1: ESG Report Highlights - The report is the 17th in a series focused on sustainable development, themed "Responsibility Leads, Moving Upwards" [1]. - It integrates key standards from recent regulations, detailing practices and performance in sustainability through four chapters: "Safety Achieves Trust," "Enjoy a Wonderful Journey," "Green Leads the Future," and "Love Connects Happiness" [3]. - The report showcases significant events from 2024, including the operation of the C919 aircraft and initiatives like "Ice and Snow Passion, Eastern Airlines Helps Dreams" [3]. Group 2: Operational Performance - In 2024, the airline achieved 2.612 million hours of safe flight, a 14.5% increase year-on-year, with record highs in passenger and cargo transport [4]. - The fleet consists of over 800 modern aircraft, including the largest C919 fleet with 10 operational units and a total order of 105 [4]. - The company is advancing digital transformation and smart operations, enhancing service offerings through innovative products [4]. Group 3: Social Responsibility and Recognition - China Eastern Airlines contributed to carbon reduction by saving 216,000 tons of fuel and reducing CO2 emissions by 680,000 tons, with a 13% decrease in CO2 emissions per unit of transport turnover [5]. - The company invested 44.3 million yuan in non-repayable assistance and 204.24 million yuan in repayable assistance, training 1,932 industry leaders [5]. - The airline received multiple awards for its ESG efforts, enhancing its brand recognition and corporate responsibility image [5].

Core Viewpoint - The company reported a stable growth in revenue for the first quarter of 2025, with a significant increase in sales driven by energy drinks, reflecting a positive trend in its business performance [2][12]. Financial Data - The company's revenue for the first quarter of 2025 reached 4.848 billion yuan, representing a year-on-year increase of 39.23% [2]. - The gross profit margin improved from 42.77% in the same period last year to 44.47% this year, attributed to a decrease in raw material prices [3]. Business Segmentation - Energy drinks accounted for 80.50% of the total revenue in the first quarter of 2025, while the share of electrolyte drinks rose from 4.53% to 11.76%, and other beverages increased from 6.25% to 7.74% [3]. - The company’s sales performance was consistent across various regions, with specific contributions from different geographical areas [13]. Corporate Governance - The board of directors held its 14th meeting on April 15, 2025, where the first quarter report was approved unanimously by all attending members [6][8]. - The company emphasized the accuracy and completeness of the financial report, with all board members taking legal responsibility for the information disclosed [1][12].