CITIC COHC(SZ:000099)2022-12-06 23:48Group 1: Company Operations - The company operates a total of 71 helicopters [2] - The company owns 42 helicopters [4] - The company has 197 pilots [4] - The company recorded approximately 32,000 flight hours in 2015 [4] Group 2: Revenue and Business Model - The main revenue source is currently from offshore oil business, which constitutes a significant portion of total income [2] - The revenue model for offshore oil business includes monthly rent plus hourly fees [4] - The company has not engaged in equity incentives [4] Group 3: Costs and Financing - Major costs for the company include depreciation, aircraft repair, and labor [4] - The company issued convertible bonds worth 650 million yuan in 2012 and has no recent financing plans [4] - Significant costs in airport construction are land costs and construction costs [5] Group 4: Market and Competition - The company’s use of helicopters, whether domestic or foreign, is primarily determined by customer demand [4] - The company has not faced issues with foreign helicopter manufacturers regarding technology confidentiality [4] Group 5: Infrastructure and Equipment - The company’s helicopter airport is primarily equipped with domestic air traffic control equipment [4] - The scale of bases in Tianjin, Zhanjiang, and Hainan is smaller compared to the Shenzhen base [2]