SACL(SZ:000089)2023-11-17 07:52Group 1: Business Performance - Shenzhen Airport's duty-free shop has been upgraded and officially opened, attracting over 1,000 international brands, significantly enhancing shopping experiences for travelers [1] - The average spending per duty-free customer has doubled compared to 2019 [2] - As of October 2023, Shenzhen Airport completed 323,000 flight takeoffs and landings, a year-on-year increase of 63.53%; passenger throughput reached 43.26 million, up 141.03%; and cargo throughput was 129.10 million tons, increasing by 3.24% [4] Group 2: Infrastructure Development - The airport's peak hour capacity has been approved for 65 aircraft per hour, the highest among domestic dual-runway airports [2] - The third runway project commenced in March 2020, expected to be operational by 2026, significantly enhancing the airport's capacity and supporting the development of the Guangdong-Hong Kong-Macao Greater Bay Area [2] Group 3: International Route Expansion - Shenzhen Airport has restored and expanded 22 international and regional passenger routes, including to London, Paris, and Barcelona, and increased flights to Dubai, Tokyo, and Seoul, connecting 35 international destinations with nearly 600 weekly flights, recovering to 65% of 2019 levels [3][4] - The airport is actively promoting its international routes through various media channels to increase public awareness and attract more travelers [3] Group 4: Financial Strategy - The company utilized special bonds for satellite hall construction with lower interest rates compared to the market, ensuring stable returns while managing operational and project funding needs [3] - The company is exploring investment projects to enhance fund utilization and improve returns amid declining interest rates [4]