Core Viewpoint - China International Airlines plans to sell two Trent700 spare engines and one GTCP331-350C spare APU to China International Cargo Airlines for a total price of RMB 151.44 million (excluding tax) [2][4][18]. Group 1: Transaction Overview - The transaction involves the sale of two Trent700 spare engines and one GTCP331-350C spare APU, with a total price of RMB 151.44 million (excluding tax) [2][4]. - The buyer, China International Cargo Airlines, is indirectly controlled by the company's major shareholder, China Aviation Group, making this a related party transaction [2][4]. - The total amount of related party transactions with the same party in the past 12 months has not reached 5% of the company's latest audited net assets [2][4]. Group 2: Financial and Asset Details - The engines were manufactured in November and September 2006, and both have completed major repairs. The remaining usage cycles for the engines are 5,255 and 3,991, respectively [11]. - The book value of the two engines as of December 31, 2024, was RMB 163.60 million, while the unaudited book value as of June 30, 2025, was RMB 150.84 million [12]. - The asset evaluation conducted by Zhonglian Asset Appraisal Group determined the fair value of the assets to be RMB 151.44 million, reflecting a depreciation of RMB 24.47 million (13.91% depreciation rate) [14][16]. Group 3: Approval and Compliance - The transaction was approved by the company's seventh board of directors on July 29, 2025, with related directors abstaining from the vote [5][27]. - The transaction does not require approval from the shareholders' meeting or other regulatory bodies [7][24]. - The buyer, China International Cargo Airlines, has a strong financial position, with a net cash flow from operating activities of RMB 525.72 million and a net profit of RMB 578.76 million for the first quarter of 2025 [21]. Group 4: Impact on the Company - This transaction is expected to reduce the company's overall holding costs and improve asset utilization efficiency [22]. - The transaction price is based on the asset evaluation value and will not affect the company's independence or harm the interests of shareholders, particularly minority shareholders [22]. - The transaction does not involve management changes, personnel arrangements, or land leasing, and will not lead to new related transactions or competition in the same industry [22].

中国国航（601111）(00753)公布，于2025年7月29日，该公司(作为卖方)与国货航（001391）(作为买方) 订立发动机买卖协议，据此，该公司同意向国货航出售标的资产。标的资产2台Trent700备用发动机和1 台GTCP331-350型备用APU。对价为约人民币1.51亿元。 公告称，出售事项将降低公司整体备用发动机持有成本，提升资产使用效率。 ...

公告称，出售事项将降低公司整体备用发动机持有成本，提升资产使用效率。 智通财经APP讯，中国国航(00753)公布，于2025年7月29日，该公司(作为卖方)与国货航(作为买方)订立 发动机买卖协议，据此，该公司同意向国货航出售标的资产。 标的资产2台Trent700备用发动机和1台 GTCP331-350型备用 APU。对价为约人民币1.51亿元。 ...

格隆汇7月29日丨中国国航(601111.SH)公布，公司拟与国货航签署《关于2台Trent700发动机和1台 GTCP331-350型APU的发动机、APU出售和购买协议》，向国货航出售2台Trent700备用发动机和1台 GTCP331-350C备用APU（飞机辅助动力装置），交易价格为人民币15,144.05万元（不含税）。 ...

中国国航7月29日公告，公司拟向中国国际货运航空股份有限公司出售2台Trent700备用发动机和1台 GTCP331-350C备用APU，出售价格为人民币1.51亿元（不含税）。此次交易构成关联交易，但不构成 重大资产重组。交易价格以评估值确定，账面价值高于评估值的主要原因为标的资产账面价值主要由上 次大修前的净值和资本化的大修费用组成。 ...