Core Points - The report summarizes the financial performance of Yuanxiang (Xiamen) International Airport Co., Ltd. for the first half of 2025, highlighting a 4.84% increase in total assets compared to the end of the previous year, amounting to CNY 6,038,260,887.39 [1] - The company's operating revenue reached CNY 990,535,110.77, reflecting a 7.10% year-on-year growth [1] - The total profit for the period was CNY 367,051,874.29, which is a 2.16% increase from the previous year [1] - The net profit attributable to shareholders of the listed company was CNY 218,587,445.50, showing a significant increase of 15.41% compared to the same period last year [1] Financial Summary - Total assets at the end of the reporting period were CNY 6,038,260,887.39, up from CNY 5,759,673,023.51 at the end of the previous year, marking a 4.84% increase [1] - Operating revenue for the current period was CNY 990,535,110.77, compared to CNY 924,839,519.12 in the same period last year, indicating a growth of 7.10% [1] - Total profit for the period was CNY 367,051,874.29, slightly up from CNY 359,304,823.35, representing a 2.16% increase [1] - The net profit attributable to shareholders, after deducting non-recurring gains and losses, was CNY 218,587,445.50, compared to CNY 189,399,638.58 in the previous year, reflecting a 15.41% increase [1] Shareholder Information - The largest shareholder, Xiamen Xiangye Group Co., Ltd., holds 68.00% of the shares, amounting to 283,500,000 shares [2][3] - Other notable shareholders include Huang Jujin with 1.80% (7,500,000 shares) and Wang Wenfeng with 1.04% (4,340,000 shares) [2][3] - The total number of shareholders at the end of the reporting period was 17,169 [1]

证券代码：600897 股票简称：厦门空港 公告编号：临 2025-022 元翔（厦门）国际航空港股份有限公司 第十届董事会第十二次会议决议公告 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个别及连带责任。 一、董事会会议召开情况 元翔（厦门）国际航空港股份有限公司（以下简称"公司"）第十届董事会 第十二次会议于 2025 年 7 月 30 日上午以现场及通讯表决方式召开。本次会议通 知于 2025 年 7 月 20 日分别以专人、电子邮件等形式送达公司全体董事。本次会 议应出席董事九名，实际出席会议董事九名。本次会议由朱昭先生主持，会议的 召开符合《公司法》及《公司章程》等有关规定。 二、董事会会议审议情况 经与会董事认真审议，本次会议审议通过了以下议案： 表决结果：同意 9 票，反对 0 票，弃权 0 票。 具体内容详见上海证券交易所网站（www.sse.com.cn）。 公司第十届董事会独立董事 2025 年第三次专门会议审议通过了本议案，同 意将其提请公司董事会审议。 特此公告。 元翔（厦门）国际航空港股份有限公司 董事会 公 ...

Financial Data and Key Metrics Changes - The company reported a net debt position of negative €223 million, excluding infrastructure project companies, which does not include proceeds from the divestment of Hydro [5] - Adjusted EBITDA for the construction segment was €191 million, up 4.2% year-over-year, with an adjusted EBIT margin of 3.5%, in line with long-term targets [18][19] - Operating cash flow was negative €104 million in the first half, compared to negative €53 million in the same period last year, primarily due to a lack of advanced payments [19][24] Business Line Data and Key Metrics Changes - Highways revenues grew by 14.9% in the first half on a like-for-like basis, with adjusted EBITDA improving by 17.1%, driven by strong performance from U.S. assets [7][8] - U.S. Highways represented 88% of total highways revenues and 97% of total adjusted EBITDA, with revenue growth of 15.9% and adjusted EBITDA growth of 14% [8] - The construction segment saw revenues reach €3,453 million, a 2.6% increase year-over-year on a like-for-like basis [18] Market Data and Key Metrics Changes - Traffic improved by 5.8% in the second quarter, driven by targeted rush hour promotions, although adverse weather and construction delays impacted performance [10] - At JFK Airport, the new Terminal 1 project is 72% complete, with construction on schedule and on budget [15] - Dalaman Airport in Turkey experienced a slight traffic decline of 0.3% in the first half, influenced by lower domestic passenger volumes [17] Company Strategy and Development Direction - The company continues to focus on growth investments, divestments, and shareholder distributions, with a healthy pipeline of U.S. highways assets [30] - The strategic horizon plan is being executed, with updates on progress expected [30] - The company is optimistic about future opportunities in Poland, particularly with European funds and potential reconstruction efforts in Ukraine [97] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth prospects of North American assets, driven by increased customer segmentation and local economic growth [30] - The company anticipates limited exposure to inflation and a healthy construction order book [30] - Management noted that the competitive environment for U.S. Managed Lanes remains similar to previous years, with expectations for continued success in upcoming bids [70] Other Important Information - The company completed the acquisition of a 5.06% stake in four zero seven ETR for CAD 1.99 billion, increasing its stake from 43.23% to 48.29% [6] - Dividends from North American highways totaled €240 million in the first half, compared to €339 million in the same period last year [9] - The company issued $1.4 billion in long-term green bonds, completing the refinancing of phase A for the NTO project [16] Q&A Session Summary Question: Insights on revenue growth in I-77 and I-66 - Management attributed revenue growth to economic activity and population growth in metropolitan areas, along with the ability to adjust toll rates based on customer value [37][40] Question: Earnings from ProBio Construction - Management noted that the decline in Q2 earnings was due to additional costs related to utilizations and IT systems, with a long-term EBIT margin target of 3.5% [44] Question: Upstream dividends and shareholder returns - Management indicated that dividends from infrastructure projects are tied to asset performance, with a target of €2.2 billion in dividends for the period 2024-2026 [54] Question: Schedule 22 provision and traffic trends - Management explained that the reduction in the Schedule 22 provision was based on updated traffic data and successful promotions attracting more users during peak times [68][80] Question: ETR dividend factors and capital structure - Management confirmed that there is potential for increased dividends from ETR, with room for adjustments in capital structure for I-66 and I-407 [110]

证券日报网讯 7月30日晚间，厦门空港发布公告称，2025年上半年实现归属于上市公司股东的净利润为 252，968，296.53元，同比增长1.10%。 （文章来源：证券日报） ...

Core Viewpoint - Xiamen Airport announced the approval of the 2025 semi-annual report and its summary by the company's 10th board of directors at the 12th meeting [2] Group 1 - The company held its 12th meeting of the 10th board of directors on July 30 [2] - The meeting resulted in the approval of multiple proposals, including the 2025 semi-annual report [2]

证券日报网讯 7月30日晚间，深圳机场发布公告称，公司于2025年1月24日，与华夏银行深圳分行营业 部签订购买投资理财产品协议及相关文件，公司以自有资金人民币共100，000万元认购投资理财产品。 近日，上述理财产品本金和收益已按协议约定到期赎回，赎回本金共100，000万元，收回相应收益共 1，358万元。 （编辑 任世碧） ...

Core Viewpoint - Fuzhou Airport is enhancing its services and operational efficiency to boost consumer spending in line with the 2025 "Civil Aviation Service Consumption Promotion Year" initiative, focusing on creating a multi-dimensional quality service experience for travelers [1][5]. Group 1: Service Enhancements - Fuzhou Airport has launched the first "Airport Version KFC Qiqi Paradise" and a children's playground in collaboration with the well-known children's brand BabyBus, aimed at providing a fun and engaging environment for families traveling with children [1][7]. - The airport is implementing the "One Document Pass" project to streamline passenger flow, having completed the installation of scanning equipment at all boarding gates, which enhances the efficiency of the boarding process [3][5]. - A flagship nursing room has been established near Gate 11, offering a private and comfortable space for parents traveling with infants, addressing their needs for breastfeeding and diaper changes [6][7]. Group 2: Operational Efficiency - As of June 30, Fuzhou Airport achieved a flight departure punctuality rate of 83.60%, an increase of 5.83 percentage points year-on-year, and a flight release punctuality rate of 91.92%, up by 3.63 percentage points [3][4]. - The airport has introduced new equipment such as high-altitude bird repellent devices and unmanned grass-cutting robots to enhance safety measures against bird strikes and foreign object removal on runways [3][4]. - A proactive approach has been adopted for managing flight delays during extreme weather conditions, with a focus on timely communication with airlines and prioritizing the release of delayed flights [4]. Group 3: Market Expansion - Fuzhou Airport has expanded its international flight offerings, adding new routes to destinations such as Phnom Penh, Hanoi, Vientiane, and Nagoya, tapping into the significant international travel demand potential from the region [5][6]. - The airport is facilitating a new model for domestic connecting flights that allows for online payment of excess baggage fees through the "Yuexing+" platform, improving the convenience for travelers [5][6]. Group 4: Customer Engagement - The airport is utilizing pop-up stores to enhance passenger engagement and drive foot traffic, featuring themes like national trends and sports, thereby transforming the airport into a unique platform for travel and quality consumption [7]. - Fuzhou Airport plans to initiate a service brand cultivation project that incorporates local cultural elements, aiming to continuously enhance service offerings and market value [7].

经济观察网 7月30日，厦门空港发布2025年半年度报告，该公司营业收入为9.91亿元，同比增长 7.10%。归属于上市公司股东的净利润为2.53亿元，同比增长1.10%。归属于上市公司股东的扣除非经常 性损益的净利润为2.19亿元，同比增长15.41%。基本每股收益为0.6067元。 ...

Core Insights - Xiamen Airport (600897.SH) reported a revenue of 991 million yuan for the first half of 2025, representing a year-on-year increase of 7.10% [2] - The net profit attributable to shareholders was 253 million yuan, showing a year-on-year growth of 1.10% [2] - The net profit excluding non-recurring gains and losses was 219 million yuan, reflecting a year-on-year increase of 15.41% [2] - Basic earnings per share stood at 0.6067 yuan [2] Operational Performance - In the first half of 2025, the airport completed a total of 97,000 takeoffs and landings, with a passenger throughput of 14.3164 million, and cargo and mail throughput of 185,400 tons, marking year-on-year increases of 3.83%, 5.96%, and 3.91% respectively [2] - Domestic passenger numbers reached 12.245 million, up by 4.50% year-on-year [2] - International passenger numbers were 2.0714 million, showing a significant year-on-year growth of 15.51% [2]

Core Viewpoint - Xiamen Airport announced the convening of its 12th meeting of the 10th Board of Directors on July 30, 2025, to review the 2025 semi-annual report and its summary [2] Revenue Composition - For the year 2024, the revenue composition of Xiamen Airport is as follows: - Aviation service revenue accounts for 64.91% - Leasing and franchise revenue accounts for 23.38% - Cargo station revenue accounts for 7.62% - Other revenues account for 1.91% - Parking lot revenue accounts for 1.14% [2]