飞友科技有限公司受邀参加会议，结合行业数据研判珠海机场冬航季供需特征、航线潜力，从运力投 放、时刻编排等方面提建议，为航司运营提供数据支撑。本次交流会还创新设置研讨沙龙环节，中国民 航管理干部学院客座教授王凤鸣，从专题分享切入、引导现场互动，与航司代表共同探讨了航线布局优 化、客源挖掘、协同营销等议题的可行路径，激发了诸多新思路，为推动实质合作奠定了基础。 此次航线交流会的圆满举办，不仅是珠海机场与合作航司凝聚发展共识、汇聚行业智慧的重要成果，更 标志着双方战略协作迈入新阶段。未来，珠海机场将以此次会议为契机，持续深化与各航司的务实合 作，进一步夯实珠海机场在大湾区世界级机场群中的功能定位与协同价值，为服务粤港澳大湾区经济社 会高质量发展贡献民航力量。（编辑：许浩存 校对：陈虹莹 审核：韩磊） 《中国民航报》、中国民航网 记者冯智君 报道：11月6日~7日，珠港机场管理有限公司在珠海横琴粤 澳深度合作区成功举办"珠海机场2025年航线交流会"。来自19家合作航司的核心代表齐聚一堂，围绕航 线网络布局优化、市场潜力挖掘及战略协同发展等议题深入磋商，共绘珠海机场高质量发展新蓝图。珠 港机场管理有限公司总经理丘昌贤 ...

Core Insights - The company reported a total revenue of 25.435 billion yuan for 2024, representing a year-on-year growth of 3.71%, but the net profit attributable to shareholders decreased by 37.70% to 1.33 billion yuan due to increased expenses and impairment losses [1] - In Q1 2025, the company experienced a revenue decline of 3.61% to 6.137 billion yuan, while net profit increased by 11.09% to 540 million yuan [1] Subsidiary Performance - Yichang Renfu achieved a revenue of 8.702 billion yuan in 2024, up 7.97%, with a net profit of 2.163 billion yuan, an increase of 11.55% [2] - Gedian Renfu reported a revenue of 1.322 billion yuan, growing by 11.00%, and a net profit of 189 million yuan, up 30.00% [2] - Xinjiang Weiyao's revenue reached 1.125 billion yuan, a 12.12% increase, with a net profit of 95 million yuan, growing by 15.00% [2] Strategic Developments - The company is entering a strategic collaboration with China Merchants Group, which has become the largest shareholder with a 23.70% voting power following a court-approved restructuring plan [3] - China Merchants Group plans to increase its stake in the company by acquiring between 0.5% and 1% of the total issued shares at a maximum price of 25.53 yuan per share [3] Financial Forecast - The company is projected to achieve revenues of 27.016 billion yuan, 28.892 billion yuan, and 30.951 billion yuan for 2025, 2026, and 2027, respectively, with year-on-year growth rates of 6.21%, 6.94%, and 7.13% [4] - Net profit is expected to reach 2.294 billion yuan, 2.514 billion yuan, and 2.759 billion yuan for the same years, with growth rates of 72.48%, 9.59%, and 9.76% [4] - Corresponding EPS is forecasted to be 1.41 yuan, 1.54 yuan, and 1.69 yuan, with PE ratios of 15, 14, and 12 times [4]