CITIC COHC(SZ:000099)2022-12-07 08:32Group 1: Company Performance - The company's performance in the first half of the year showed a slight decline compared to the same period last year, primarily due to a decrease in helicopter usage by clients caused by falling international oil prices and reduced flight service fees [2] Group 2: Service Provision - The company provides offshore oil services by transporting personnel, materials, and equipment to platforms established by clients for oil extraction [2] - In China, there are three companies operating offshore oil helicopter flight services, including this company, Southern Airlines Zhuhai, and Dongfang Tonghang [3] Group 3: Market Outlook - The land aviation market has good development prospects in the future [3] - The general aviation industry has significant development potential, but there are limitations such as airspace, airports, talent, helicopters, and onboard equipment [4] Group 4: Fleet and Safety - The majority of the helicopters operated by the company are owned, with some leased and others managed [3] - All helicopters operated by the company are insured [3] - The company has not experienced any flight accidents in recent years [3] Group 5: Training and Employment - The company has not established a subsidiary for pilot training; pilots are trained abroad [3] - The company signs indefinite contracts with pilots, and the pilot team is relatively stable with few instances of job-hopping [3] Group 6: Dividend Policy - The profit distribution plan for 2014 was a cash dividend of 0.75 yuan per 10 shares (tax included) [4] - The profit distribution plan for 2013 was also a cash dividend of 0.75 yuan per 10 shares (tax included), while the plan for 2015 is yet to be determined [4]