CITIC COHC(SZ:000099)2022-12-06 02:56Group 1: Company Operations - The company operates a fleet of 71 helicopters [2] - The revenue from offshore oil business accounted for approximately 70% of total revenue in 2016 [2] - The company has shifted some helicopters from offshore oil operations to forestry services due to a decline in the oil sector [2] Group 2: Revenue Insights - The revenue from offshore oil services has significantly decreased, impacting overall income [2] - In 2016, the overseas market revenue accounted for about 5% of total revenue [4] - The income in Shanghai and Beijing showed significant fluctuations, with Shanghai's decline attributed to the downturn in offshore oil services [2] Group 3: Future Directions - The company plans to explore urban integrated services, including medical rescue and police aviation, as future development directions [2] - Capital expenditures will focus on airport relocations, loan repayments, and new business ventures [4] - The company is maintaining a strict recruitment policy for pilots and maintenance personnel to ensure stable operations [4]