Financial Performance - The net loss for the year 2023 was RMB 8.614 billion, a significant improvement from the net loss of RMB 39.870 billion in 2022[3] - Operating loss decreased to RMB 1.919 billion in 2023 from RMB 31.588 billion in 2022, indicating a recovery in operational performance[3] - Total comprehensive loss for the year was RMB 8.719 billion, compared to RMB 39.750 billion in the previous year[4] - The company reported a pre-tax loss of RMB 8.278 billion, down from RMB 40.114 billion in 2022, reflecting improved financial health[3] - The company reported a net loss attributable to equity holders of RMB 81.68 billion for 2023, compared to a loss of RMB 37.36 billion in 2022[28] - The net loss attributable to equity holders for 2023 was RMB 8.168 billion, significantly reduced from a net loss of RMB 37.356 billion in 2022[52] Assets and Liabilities - The total assets decreased slightly to RMB 259.070 billion in 2023 from RMB 260.390 billion in 2022[5] - Current liabilities were RMB 106.264 billion, showing a marginal decrease from RMB 106.544 billion in the previous year[6] - The company’s net current liabilities increased to RMB 80.601 billion from RMB 78.503 billion in 2022, indicating ongoing liquidity challenges[5] - Non-current liabilities decreased to RMB 135.006 billion in 2023 from RMB 149.209 billion in 2022, suggesting a reduction in long-term debt obligations[6] - The total liabilities decreased to RMB 241,270 million in 2023 from RMB 255,753 million in 2022, reflecting a reduction of approximately 5.6%[16] - The debt-to-asset ratio was 84.74%, down by 3.93 percentage points from December 31, 2022[53] - Total liabilities reached RMB 241.270 billion, with current liabilities accounting for 44.04% of total liabilities[53] Revenue and Growth - For the year ended December 31, 2023, the airline business segment reported revenue of RMB 113,348 million, while the other business segment contributed RMB 1,168 million, totaling RMB 113,741 million[13] - Domestic revenue for 2023 reached RMB 90,143 million, significantly up from RMB 34,643 million in 2022, indicating a growth of approximately 160%[18] - Customer contract revenue surged to RMB 113,505 million in 2023, compared to RMB 46,068 million in 2022, marking an increase of approximately 146%[20] - In 2023, the group's passenger revenue reached RMB 104.576 billion, a year-on-year increase of 198.75%, accounting for 96.64% of total transportation revenue[48] - Domestic passenger revenue was RMB 83.986 billion, up 174.72% year-on-year, representing 80.31% of passenger revenue[48] - International passenger revenue surged to RMB 17.825 billion, a remarkable increase of 325.93% year-on-year, making up 17.05% of passenger revenue[48] Operational Metrics - The overall fleet size reached 782 aircraft, with an average age of 8.7 years, following the introduction of 22 new aircraft and the retirement of 15[38] - The passenger load factor improved to 74.42%, up 10.72 percentage points from the previous year[34] - The total flight hours completed were 2.282 million hours, with 954,000 takeoffs and landings, maintaining overall safety stability during the rapid recovery of flights[41] - The company opened over 20 new international routes along the "Belt and Road" initiative, including routes from Shanghai Pudong to Istanbul and Cairo, with domestic, international, and regional seat kilometers recovering to 116.4%, 43.8%, and 75.0% of 2019 levels respectively[42] Costs and Expenses - The total operating cost for 2023 was RMB 121.089 billion, reflecting a year-on-year increase of 48.56%[49] - Fuel costs, a major component of operating expenses, rose to RMB 41.102 billion, an increase of 84.89% year-on-year, primarily due to a 104.23% increase in fuel consumption[49] - The group achieved a 50.26% year-on-year increase in other operating income and gains, totaling RMB 5.429 billion, driven by increased passenger travel[50] - The group’s financial expenses decreased by 20.96% year-on-year to RMB 6.982 billion, mainly due to reduced foreign exchange losses[51] Strategic Initiatives - The company plans to continue expanding its market presence and enhancing its service offerings in the coming years[17] - The company is focusing on enhancing operational efficiency and market competitiveness by optimizing its route network and improving service quality[82] - The company is committed to sustainable development, investing in energy-saving and noise-reduction technologies to comply with environmental regulations[78] - The company is exploring sustainable aviation fuel applications to reduce carbon emissions and improve environmental governance[78] Risk Management - The company faces significant risks from domestic and international economic policies and regulations, which may introduce uncertainties in future business development and operational performance[65] - Increased competition in the domestic and international aviation markets may affect the company's market share, pricing levels, and operational performance[68] - Fluctuations in jet fuel prices are a major cost factor, with a 5% change in average fuel prices potentially impacting fuel costs by approximately RMB 2.055 billion[69] - The company has significant foreign currency liabilities, primarily in USD, with a 1% change in the USD/CNY exchange rate potentially affecting total profit by RMB 297 million[71] Corporate Governance - The company has strengthened its corporate governance system, implementing various regulations and guidelines to ensure compliance with listing rules[91] - The board of directors includes Wang Zhiqing (Chairman), Li Yangmin (Vice Chairman, General Manager), and several independent non-executive directors[102] - The presence of a worker director indicates a commitment to employee representation in corporate governance[102] Future Outlook - The company plans to introduce 56 aircraft from 2024 to 2026, with 15 aircraft exiting during the same period[86] - The company is likely to discuss future strategies and performance metrics in upcoming earnings calls[102] - The company will announce the details of the 2023 Annual General Meeting, including date, time, and location, in due course[96]

Financial Performance - Operating revenue attributable to shareholders reached RMB 36,113 million, an increase of 118.92% year-on-year[4] - Net profit attributable to shareholders was RMB 3,642 million, with a basic earnings per share of RMB 0.1634[4] - Total operating revenue for the first three quarters of 2023 reached RMB 85,538 million, a significant increase from RMB 35,850 million in the same period of 2022, representing a growth of 138.0%[20] - The net profit for the first three quarters of 2023 was a loss of RMB 2,570 million, an improvement compared to a loss of RMB 29,934 million in the same period of 2022[21] - The total comprehensive loss for the first three quarters of 2023 was RMB 2,642 million, compared to a loss of RMB 29,826 million in 2022, showing a significant reduction in losses[22] - The company reported a basic and diluted earnings per share of -0.1170 yuan for the first three quarters of 2023, an improvement from -1.4897 yuan in the same period of 2022[22] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of RMB 26,294 million for the year-to-date period, a significant improvement from a loss of RMB 3,201 million in the previous year[4] - Cash inflow from operating activities totaled RMB 103,192 million, compared to RMB 47,390 million in the same period of 2022, reflecting a growth of 117.0%[23] - Cash flow from operating activities generated RMB 26,294 million in the first three quarters of 2023, a turnaround from a negative cash flow of RMB 260 million in 2022[23] - The cash and cash equivalents at the end of Q3 2023 stood at RMB 13,313 million, a significant decrease of 43.4% from RMB 23,561 million at the end of Q3 2022[25] - The cash and cash equivalents net increase for the first three quarters of 2023 was negative RMB 4,228 million, compared to a positive increase of RMB 10,611 million in the same period of 2022[25] Assets and Liabilities - Total assets at the end of the reporting period were RMB 282,069 million, a decrease of 1.29% compared to the end of the previous year[4] - The total liabilities as of September 30, 2023, amounted to RMB 254,610 million, slightly down from RMB 255,641 million at the end of 2022[18] - Current assets totaled RMB 25,655 million, down from RMB 27,413 million year-over-year[14] - Cash and cash equivalents decreased to RMB 13,327 million from RMB 17,553 million[14] - The company’s long-term borrowings increased to RMB 55,019 million as of September 30, 2023, up from RMB 38,359 million at the end of 2022, indicating a rise of 43.4%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 183,222[9] - The largest shareholder, China Eastern Airlines Group, holds 39.39% of the shares[9] - As of the report date, a total of 2,277,904,327 A-shares held by 19 shareholders were released for circulation[12] - The controlling shareholder plans to increase its stake in the company by investing between RMB 500 million and RMB 1 billion within 12 months starting from September 12, 2023[12] Operational Strategy - The company attributed the revenue growth to increased capacity deployment and optimized resource allocation in response to the recovery of the air passenger market[6] - The company plans to continue enhancing cost control and optimizing flight routes to further improve operational performance[6] - The company plans to purchase 100 C919 aircraft from COMAC, pending shareholder approval[12] Financial Expenses and Borrowings - The company’s financial expenses decreased to RMB 5,617 million in the first three quarters of 2023, down from RMB 7,309 million in the same period of 2022, a reduction of 23.2%[20] - In the first three quarters of 2023, China Eastern Airlines received cash from borrowings amounting to RMB 63,500 million, a decrease of 42.4% compared to RMB 110,102 million in the same period of 2022[25] - The total cash outflow from financing activities in the first three quarters of 2023 was RMB 83,582 million, down from RMB 95,057 million in the same period of 2022, reflecting a reduction of 12.1%[25] - The net cash flow from financing activities for the first three quarters of 2023 was negative RMB 20,082 million, compared to a positive RMB 15,045 million in the same period of 2022[25] Retained Earnings - The company reported a net loss of RMB 47,134 million in retained earnings as of September 30, 2023, compared to a loss of RMB 44,527 million at the end of 2022[16]

Fleet and Operations - The company operates a modern fleet of 785 aircraft with an average age of approximately 8.4 years, including 3 business jets[7]. - The company focuses on domestic and approved international passenger, cargo, mail, and baggage transportation services, along with extended services[7]. - The company has a core hub strategy centered around Shanghai and Beijing, with regional hubs in Xi'an and Kunming[7]. - The company emphasizes a streamlined and efficient operation to provide high-quality air transport services to global travelers[7]. - The company is authorized to engage in general aviation, aircraft maintenance, and related businesses, including e-commerce and retail[7]. - The company introduced 12 new aircraft and retired 5 aircraft in the first half of 2023, maintaining a young fleet structure[87]. - The company commenced commercial passenger flights with the domestically produced C919 aircraft on May 28, 2023[87]. Financial Performance - The mid-term financial performance for the six months ending June 30, 2023, was reviewed and approved by the board on August 30, 2023, under international financial reporting standards[5]. - Total revenue for the first half of 2023 reached RMB 49,425 million, a significant increase from RMB 19,354 million in the same period of 2022, representing a growth of 155.5%[12]. - Operating expenses totaled RMB 54,649 million, up from RMB 36,883 million in the previous year, indicating a rise of 48.0%[12]. - The net loss for the period was RMB 6,577 million, an improvement compared to a net loss of RMB 19,974 million in the first half of 2022, reflecting a reduction of 67.0%[13]. - The company reported a pre-tax loss of RMB 6,966 million, down from RMB 19,995 million in the same period last year, showing a decrease of 65.2%[12]. - The total comprehensive loss for the period was RMB 6,633 million, compared to RMB 19,905 million in the same period last year, indicating a decrease of 66.7%[13]. - The company’s basic and diluted loss per share for the period was RMB 0.28, compared to RMB 0.99 in the same period of 2022[12]. - The company reported a net loss of RMB (6,249) million for the period, compared to a loss of RMB (18,736) million in the same period last year[16]. Cash Flow and Assets - As of June 30, 2023, total assets amounted to RMB 258,668 million, a slight decrease from RMB 260,571 million as of December 31, 2022[14]. - The company reported cash and cash equivalents of RMB 20,112 million, an increase from RMB 17,541 million year-over-year[14]. - Operating cash flow generated was RMB 16,137 million, a significant recovery from a negative cash flow of RMB (1,518) million in the same period last year[17]. - The company’s cash flow from operating activities after tax payments was RMB 16,113 million, a significant improvement from RMB (1,575) million in the previous year[17]. - The company’s total liabilities as of June 30, 2023, were RMB 232,958 million, compared to RMB 224,928 million at the end of 2022, indicating a growth in financial obligations[15]. Revenue Breakdown - The total revenue for the airline segment reached RMB 49,307 million, while the other business segment generated RMB 118 million, leading to a total reported revenue of RMB 49,425 million[24]. - Revenue from domestic operations in China amounted to RMB 41,749 million, a significant increase from RMB 14,104 million in the same period last year[29]. - The international revenue increased to RMB 6,559 million, compared to RMB 5,070 million in the previous year, indicating a growth in international operations[29]. - Passenger transport revenue accounted for RMB 45,378 million, while cargo and mail transport revenue was RMB 1,487 million for the six months ended June 30, 2023[37]. Strategic Focus and Future Plans - The company has a strategic focus on expanding its market presence and enhancing service offerings[7]. - The company aims to enhance its market expansion strategies and invest in new technologies to improve operational efficiency and customer experience moving forward[12]. - The company is exploring potential mergers and acquisitions to strengthen its market position[7]. - The company plans to introduce 22 aircraft in the second half of 2023, with a total of 43 aircraft planned for 2024 and 35 for 2025[138]. - The company is committed to sustainable development initiatives, including carbon reduction and promoting the use of Sustainable Aviation Fuel (SAF)[137]. Risks and Challenges - The company faces risks related to fluctuating oil prices, which significantly impact fuel costs, with a potential RMB 872 million impact on fuel costs for a 5% change in average oil prices[120]. - The company has a significant amount of foreign currency liabilities, primarily in USD, which can lead to substantial exchange rate gains or losses affecting overall profit[121]. - The company is closely monitoring macroeconomic conditions, international trade relations, geopolitical situations, and public health events to adjust capacity and market strategies accordingly[118]. Corporate Governance - The company’s corporate governance level meets the requirements set out in the Corporate Governance Code[152]. - The chairman and CEO roles are separated, with the CEO acting as chairman to enhance strategic execution[153]. - The audit and risk management committee reviewed the accounting principles and methods adopted by the company[152]. - The company has organized training to enhance compliance awareness among its directors and senior management[153]. Shareholder Information - As of June 30, 2023, the total number of shares is approximately 22.29 billion, with A shares accounting for 76.78% and H shares for 23.22%[140]. - The company has a significant concentration of ownership, with the top shareholder holding over 50% of the A shares[146]. - The company’s major shareholders include China Eastern Airlines Group, Eastern Airlines International, and Junyao Group, among others[146].

Financial Performance - The total revenue for the six months ended June 30, 2023, was RMB 49,425 million, a significant increase from RMB 19,354 million in the same period of 2022, representing a growth of 155.5%[3] - Operating expenses totaled RMB 54,649 million, up from RMB 36,883 million in the previous year, indicating a rise of 48.1%[3] - The operating loss for the period was RMB 2,597 million, a substantial improvement compared to an operating loss of RMB 15,716 million in the same period last year[3] - The net loss attributable to equity holders of the company was RMB 6,249 million, compared to a net loss of RMB 18,736 million in the same period of 2022, reflecting a reduction of 66.7%[4] - The total comprehensive loss for the period was RMB 6,633 million, down from RMB 19,905 million in the previous year, showing a decrease of 66.7%[4] - The company reported a net loss of RMB 6.58 billion for the six months ended June 30, 2023[13] - Total comprehensive income for the period was a loss of RMB 6.63 billion, compared to a loss of RMB 19.91 billion for the same period in 2022[9] Assets and Liabilities - As of June 30, 2023, total assets amounted to RMB 291,604 million, compared to RMB 287,984 million as of December 31, 2022[5][6] - The company's net liabilities stood at RMB 81,839 million, slightly increased from RMB 79,033 million at the end of 2022[6] - The company's total liabilities as of June 30, 2023, were RMB 265,894 million, an increase from RMB 255,641 million as of December 31, 2022[27] - The company's total liabilities exceeded total assets by approximately RMB 81.84 billion as of June 30, 2023[13] - The company's total equity decreased to RMB 25.71 billion from RMB 32.34 billion at the beginning of the year[9] Cash Flow and Investments - The cash and cash equivalents as of June 30, 2023, were RMB 20,112 million, up from RMB 17,541 million at the end of 2022, indicating an increase of 14.2%[5] - Operating cash flow generated was RMB 16.14 billion, a significant improvement from a cash outflow of RMB 1.58 billion in the previous year[10] - The company incurred net cash used in investing activities of RMB 6.51 billion, compared to RMB 1.87 billion in the prior year[10] - Cash and cash equivalents at the end of the period amounted to RMB 25.71 billion, down from RMB 32.34 billion at the beginning of the year[9] Revenue Segmentation - The airline business segment reported revenue of RMB 49,307 million, while the other business segment generated RMB 118 million, leading to a total segment revenue of RMB 49,425 million for the six months ended June 30, 2023[19] - Revenue from domestic operations in China reached RMB 41,749 million, a significant increase from RMB 14,104 million in the same period last year[24] - International revenue amounted to RMB 6,559 million, up from RMB 5,070 million year-over-year[24] - Passenger transport revenue accounted for RMB 45,378 million, while cargo and mail transport revenue was RMB 1,487 million for the six months ended June 30, 2023[30] Operational Metrics - The available seat kilometers (ASK) increased by 143.76% to 108,605.29 million from 44,554.26 million year-on-year[80] - Passenger kilometers (RPK) rose by 188.51% to 77,934.58 million compared to 27,012.42 million in the previous year[80] - The number of passengers carried increased by 178.27% to 51,945.79 thousand from 18,667.47 thousand year-on-year[80] - The passenger load factor improved by 11.13 percentage points to 71.76% from 60.63% in the same period last year[80] - The overall load factor improved by 10.22 percentage points to 60.56%, with domestic routes at 61.18% and international routes at 58.66%[82] Future Outlook and Strategic Initiatives - Future outlook remains cautious, with management emphasizing the need for strategic adjustments in response to market conditions and operational challenges[2] - The company plans to continue its operational activities and expects positive cash inflows in the next 12 months[13] - The company is focusing on enhancing service standards and optimizing passenger experience through training and service process improvements[88] - The company is transitioning to an innovative economy-oriented airline model to meet diverse passenger needs by integrating relevant business sectors[89] Related Party Transactions - The company reported related party transactions totaling RMB 1,487 million for exclusive transportation revenue, a decrease of 62% from RMB 3,910 million in the previous year[58] - The company’s procurement of meals and cabin supplies from related parties amounted to RMB 1,279 million, a substantial increase from RMB 438 million, representing a growth of 192%[57] - Accounts receivable from related companies reached RMB 395 million, up from RMB 270 million, indicating a growth of 46%[61] Environmental and Social Responsibility - The company has implemented a carbon peak action plan and promoted the use of sustainable aviation fuel (SAF), with 15% SAF blended fuel used in flights[90] - In the first half of 2023, the company invested over RMB 26.6 million in targeted assistance programs in Yunnan Province to support local agricultural products[90] - The company has established a psychological health service system for employees and organized 186 public welfare activities in the first half of 2023, engaging over 68,000 employees[90] Corporate Governance - The company did not declare any dividends for the six months ended June 30, 2023, consistent with the previous year[37] - The company has adopted the Listing Rules Appendix 10 as the code of conduct for its directors regarding securities trading, ensuring compliance[116] - The Audit and Risk Management Committee reviewed the accounting principles and methods adopted by the group, with no dissenting opinions[117]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 （在中華人民共和國註冊成立的股份有限公司） （股份代號：00670） 2023 年 第 一 季 度 報 告 本公告乃本公司根據香港法例第571章《證券及期貨條例》第XIVA部及《香港聯合交易 所有限公司證券上市規則》第13.09條及第13.10B條的披露規定而作出。 本公司2023年第一季度財務會計報告未經審計，並根據中國企業會計準則編製。 重要提示 《香港聯合交易所有限公司證券上市規則》（「上市規則」）第13.10B條規定在香港聯合交易 所有限公司（「香港聯交所」）上市的任何發行人，如其證券同時在其他證券交易所上市， 則發行人在通知其他證券交易所任何資料的同時亦必須通知香港聯交所；此外，發行 人須確保在其他市場公佈的任何資料，亦同時在香港市場公佈。中國東方航空股份有限 公司（「本公司」）為遵守上述規定發表本公告。應上海證券交易所要求，本公司根據上海 上市規則及規定項下有關條文同日於上海同時發出類似公告 ...

Fleet and Operations - As of the end of 2022, the company operated a modern fleet of 778 passenger aircraft, with an average age of approximately 8.1 years[7]. - The fleet consisted of 778 aircraft as of December 31, 2022, with 34 new aircraft introduced and 11 retired during the year[25]. - The company plans to introduce 36 aircraft in 2023, with 50 in 2024 and 35 in 2025, while retiring 14, 23, and 37 aircraft respectively[28]. - The company achieved a passenger kilometer yield of RMB 0.602 in 2022, up 13.37% from RMB 0.531 in 2021[22]. - The group completed 1.0774 million flight hours and 445,800 takeoffs and landings during the reporting period[39]. - The company is focusing on expanding its market presence and enhancing its operational efficiency in response to the challenging market conditions[17]. Financial Performance - In 2022, China Eastern Airlines reported a total revenue of RMB 46,111 million, a significant decrease of 31.3% compared to RMB 67,127 million in 2021[17]. - The operating loss for 2022 was RMB 31,635 million, compared to a loss of RMB 13,518 million in 2021, indicating a worsening financial performance[17]. - The net loss attributable to equity holders for 2022 was RMB 37,386 million, compared to a loss of RMB 12,214 million in 2021, reflecting a substantial decline in profitability[17]. - The company reported a net loss of RMB 39,900 million for the year ended December 31, 2022, compared to a net loss of RMB 12,214 million in 2021, indicating a significant increase in losses[20]. - The total operating cost for 2022 was RMB 81.359 billion, a decrease of 6.19% year-on-year, primarily due to adjustments in flight capacity[65]. - The company’s net current liabilities increased to RMB 79,033 million in 2022, compared to RMB 57,981 million in 2021, indicating a deterioration in short-term financial health[17]. Market Strategy and Growth - The company aims to build a world-class integrated aviation service provider, focusing on precision and quality service for global travelers[7]. - The company has outlined future growth strategies, including potential mergers and acquisitions to strengthen its market position[7]. - The company plans to enhance its service brand promotion, focusing on a service philosophy of "precision, accuracy, and excellence" to improve customer loyalty and service experience[45]. - The company is actively pursuing market recovery opportunities to enhance profitability and strengthen its operational capabilities in the Beijing-Tianjin-Hebei region[48]. - The company is exploring potential mergers and acquisitions to strengthen its market position in the Asia-Pacific region[124]. Customer Engagement and Loyalty Programs - The "Eastern Miles" frequent flyer program offers benefits across 19 member airlines of the SkyTeam Alliance and access to over 750 airport lounges worldwide[7]. - The frequent flyer program "Eastern Miles" surpassed 50 million members, with "One-Stop 6" covering 20 domestic stations[43]. - The airline's loyalty program has seen a 30% increase in membership, indicating strong customer engagement and retention[124]. Technology and Innovation - The company is focused on developing new technologies and products to improve operational efficiency and customer experience[7]. - The company is investing in new technologies and product development to improve customer experience and operational capabilities[17]. - The company is investing $200 million in R&D for new technologies aimed at enhancing operational efficiency[134]. - New technology initiatives include the implementation of an AI-based customer service system, aimed at improving response times by 40%[137]. Sustainability and Corporate Responsibility - The company emphasizes the importance of corporate governance and social responsibility in its business practices[7]. - The company has implemented a carbon peak action plan as part of its "14th Five-Year" green development plan[43]. - The group is committed to green development and is actively planning pathways to achieve carbon peak and carbon neutrality[49]. - The company is committed to fulfilling social responsibilities, including rural revitalization efforts and climate change research, while promoting sustainable aviation fuel applications[45]. Governance and Management - The board of directors has established a robust corporate governance structure, ensuring compliance with legal and regulatory requirements[171]. - The company has established four specialized committees to ensure good corporate governance[179]. - The independent non-executive directors have confirmed their independence annually, in line with listing rules[182]. - The company has adopted the "Standard Code" for securities trading by directors, ensuring compliance with regulations regarding share transactions[184]. Financial Management and Capital Structure - The company plans to apply for voluntary delisting of its American Depositary Receipts (ADR) from the New York Stock Exchange, indicating a strategic shift in its market presence[10]. - The company aims to optimize its debt currency structure and broaden financing channels, including issuing short-term financing bonds and corporate bonds[57]. - The company expects total capital expenditure for aircraft and engines over the next three years to be approximately RMB 54.11 billion, with planned expenditures of RMB 12.74 billion, RMB 27.85 billion, and RMB 13.52 billion for 2023, 2024, and 2025 respectively[77]. - The company plans to improve its capital structure and reduce the debt-to-asset ratio through the raised funds[108]. Employee and Talent Development - The company has established a comprehensive talent development system, focusing on the cultivation of high-end research talents and optimizing the incentive mechanisms[98]. - The company emphasizes training programs for management personnel to enhance their comprehensive capabilities in safety, compliance, and leadership[96]. - The company is committed to enhancing core skills among employees through regular professional skill competitions[99]. Risk Management - The company is closely monitoring macroeconomic conditions and geopolitical situations to adjust capacity deployment and market sales flexibly[56]. - The group faces risks in international market expansion and investment mergers, and is strengthening its investment management and risk control systems through due diligence and asset evaluation[61]. - The company emphasizes the importance of safety operations and has implemented strict regulations and standards to mitigate operational risks[56].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 （在中華人民共和國註冊成立的股份有限公司） （股份代號：00670） 2022 年 度 業 績 公 告 中國東方航空股份有限公司（「本公司」）董事會（「董事會」）向各位報告本公司及其附屬 公司（「本集團」）截至2022年12月31日止年度（「本年度」）經審計按國際財務報告準則編製 之綜合業績，以及2021年度的比較數據。 財務資料 甲、根據國際財務報告準則編製 合併損益及其他綜合收益表 截至二零二二年十二月三十一日止年度 二零二二年 二零二一年 附註 人民幣百萬元 人民幣百萬元 收入 5 46,111 67,127 其他營業收入和利得 6 3,613 6,079 ...