海南机场设施股份有限公司 2025年度"提质增效重回报"行动方案评估报告 （二）打造国际区域航空枢纽 为深入贯彻中央经济工作会议和中央金融工作会议精神，落实国务院《关于加强 监管防范风险推动资本市场高质量发展的若干意见》《关于进一步提高上市公司质量 的意见》《上市公司监管指引第 10 号——市值管理》等相关要求，响应上海证券交 易所关于开展沪市公司"提质增效重回报"专项行动的倡议（以下简称"《行动倡议》"）， 践行以"投资者为中心"的发展理念，进一步提高上市公司质量，保护投资者利益， 树立良好的资本市场形象，海南机场设施股份有限公司（以下简称"海南机场"或"公 司"）于 2025 年 6 月 17 日披露了《2025 年度"提质增效重回报"行动方案》（以 下简称"《行动方案》"）。 公司牢固树立回报股东的意识，认真做好行动方案的实施工作，致力于不断提高 公司质量、促进价值发现、为广大股东提供长期的高水平回报，形成了《行动方案》 评估报告，并经公司第十届董事会三十七次会议审议通过，主要内容如下： 一、聚焦机场主责主业，提升公司经营质量 （一）加快推进收购美兰空港控股权 公司将紧密围绕创建世界一流机场运营集团的战 ...

股票代码：600515 股票简称：海南机场 公告编号：临 2025-088 海南机场设施股份有限公司 关于子公司转让三亚临空基础建设有限公司股权的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 根据中威正信（北京）资产评估有限公司出具的《海南海岛临空开发建设有限 公司拟转让股权涉及三亚临空基础建设有限公司股东全部权益价值项目资产评估报 1 告》（中威正信评报字（2025）第 5094 号），经采用资产基础法进行评估，在评估 基准日 2025 年 8 月 31 日持续经营前提下，三亚临空股东全部权益账面价值为 31,04 4.44 万元，评估价值为 55,542.84 万元，评估增值 24,498.40 万元，增值率为 78.91 %。在此基础上经交易双方友好协商，本次股权转让价格为人民币 49,988.56 万元。 本次交易已经公司董事会第十届董事会第三十七次会议审议通过，按照连续 12 个月内累计计算的原则，达到《上海证券交易所股票上市规则》第 6.1.3 条第一款第 （四）项标准，且公司最近一个会计年 ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 海南机场设施股份有限公司（以下简称"公司"）第十届董事会第三十七次 会议于 2025 年 12 月 25 日以现场结合通讯方式召开。会议通知已以专人送达、 电子邮件、电话等方式发出。本次会议由董事长杨小滨先生主持，应到 9 人， 实到 9 人。本次会议的召集、召开符合《公司法》及公司章程的有关规定，合 法有效。 股票代码：600515 股票简称：海南机场 公告编号：临 2025-087 海南机场设施股份有限公司 第十届董事会第三十七次会议决议公告 二、《2025 年度"提质增效重回报"行动方案评估报告》 一、《关于子公司转让三亚临空基础建设有限公司股权的议案》 该议案表决结果：同意 9 票；弃权 0 票；反对 0 票。 具体内容详见与本公告同日披露的《关于子公司转让三亚临空基础建设有 限公司股权的公告》（公告编号：临 2025-088）。 会议审议并通过了以下事项： 海南机场设施股份有限公司董事会 二〇二五年十二月二十六日 该议案表决结果：同意 9 票；弃权 0 票；反对 0 票 ...

海南机场公告称，其全资子公司海岛建设拟4.99亿元将三亚临空90%股权转让给省机场投资，交易完成 后，海岛建设持有三亚临空10%股权，后者不再纳入公司合并报表范围。本次交易不构成关联交易和重 大资产重组，已获董事会通过和海南省国资委审批，可免提交股东会审议。预计交易完成后公司获约 2.00亿元投资收益，不过交易实施结果存在不确定性。 ...

Core Viewpoint - The company has announced its "Quality Improvement and Efficiency Enhancement Action Plan for 2025," which includes a strategic acquisition and expansion plans in the aviation market [1] Group 1: Acquisition and Shareholding - The company plans to acquire controlling stakes in Meilan Airport, having completed the transfer of 238 million domestic shares, which will make it a subsidiary [1] - The controlling shareholder has increased their stake to 24.87% [1] Group 2: Operational Developments - The company is focusing on the aviation market, with Sanya Phoenix Airport achieving record passenger throughput [1] - The new route from Sanya to Prague has been launched [1] - Ongoing expansion projects at both airports are progressing steadily [1] Group 3: Financial Strategies - The company is advancing a cash dividend of 57.1265 million yuan for the year 2024 and is actively researching the dividend plan for 2025 [1] - The company is pursuing a "de-real estate" strategy, with approximately 6 billion yuan worth of sellable real estate remaining [1]

Group 1 - The duty-free store concept index declined by 0.71%, ranking among the top declines in the concept sector, with notable declines from companies such as Caesar Travel, Hainan Development, and Zhongbai Group [1] - Among the duty-free store concept stocks, 11 experienced price increases, with Hainan Development leading at a rise of 6.87%, followed by Guangbai Co. at 2.74% and Spring Airlines at 1.46% [1] - The duty-free store sector saw a net outflow of 2.918 billion yuan in capital, with 24 stocks experiencing net outflows, and 6 stocks seeing outflows exceeding 100 million yuan, led by Hainan Development with a net outflow of 959 million yuan [2] Group 2 - The top net outflow stocks in the duty-free store concept included Hainan Development, Dongbai Group, China Duty Free, and Hainan Airport, with net outflows of 673 million yuan, 473 million yuan, and 309 million yuan respectively [2] - The stocks with the highest net inflows included Guangbai Co., Wushang Group, and Bailian Group, with net inflows of 43.73 million yuan, 931.37 thousand yuan, and 418.60 thousand yuan respectively [2][3] - The trading volume for Hainan Development was 38.88%, indicating significant trading activity despite the net outflow [3]

Core Viewpoint - Hainan Airport's stock has shown significant growth this year, with a year-to-date increase of 46.75% and a recent surge of 24.49% over the past five trading days, indicating strong market interest and performance [1]. Financial Performance - For the period from January to September 2025, Hainan Airport reported a revenue of 3.28 billion yuan, reflecting a year-on-year growth of 6.09%. However, the net profit attributable to shareholders decreased by 69.77% to 64.35 million yuan [2]. - Cumulative cash dividends since the A-share listing amount to 60.21 million yuan, with 57.13 million yuan distributed over the past three years [3]. Shareholder Information - As of November 28, 2025, the number of shareholders for Hainan Airport reached 152,000, an increase of 36.40% from the previous period. The average number of circulating shares per shareholder decreased by 26.69% to 60,382 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, holding 190 million shares, which increased by 23.83 million shares compared to the previous period [3]. Market Activity - On December 25, Hainan Airport's stock price rose by 2.03% to 5.54 yuan per share, with a trading volume of 752 million yuan and a turnover rate of 1.50%. The total market capitalization reached 63.296 billion yuan [1]. - The stock has appeared on the "龙虎榜" (top trading list) three times this year, with the most recent appearance on December 23 [1].

Core Viewpoint - Hainan Airport has completed the acquisition of a controlling stake in Meilan International Airport, marking a significant step in the integration of Hainan's air transport infrastructure as the province prepares for the full closure of its free trade port by December 2025 [1][2] Group 1: Acquisition Details - Hainan Airport has successfully transferred 23.75 million shares of Meilan International Airport, resulting in a 50.19% ownership stake and control over the airport [1] - The share transfer phase of the transaction has been completed, and the company plans to advance to the comprehensive offer phase as scheduled [1] Group 2: Strategic Implications - The acquisition coincides with the historic phase of Hainan's free trade port construction, which is expected to enhance the province's attractiveness as an international tourism consumption center and regional aviation hub [1] - Following the acquisition, Hainan Airport will unify the management of three major international airports in Hainan: Haikou Meilan, Sanya Phoenix, and Qionghai Boao, creating a large airport operating group with an annual passenger throughput exceeding 50 million [2] - This consolidation is anticipated to strengthen Hainan Airport's competitiveness in route network planning, commercial resource development, and smart airport construction, while also capitalizing on the growth opportunities presented by the free trade port's operational closure [2]

转自：智通财经 2025年12月24日，海南机场（600515.SH）发布《关于收购海南美兰国际空港股份有限公司控股权完成 股份过户暨关联交易进展公告》，正式宣告其对美兰空港（00357.HK）控股权收购事宜尘埃落定。标 志着海南自贸港大型民用运输机场资源的战略性重组迈出关键步伐，也意味着自贸港交通基础设施协同 发展迎来重要里程碑。 这次收购完成后，海南机场实现对美兰空港的绝对控制权，海南自贸港民航机场资源得以深度整合，成 功构筑起岛内年旅客吞吐量超5000万人次的大型机场运营管理集团，为进一步织密海南自贸港国际航线 网络打下坚实的基础。 从财务情况来看，虽然美兰空港因机场二期扩建，相关资产的折旧摊销和运营费用有所增加，导致收入 增长尚不足以覆盖新增的运营成本，并表后或会面临短期业绩波动，但短期压力难掩长期价值。美兰空 港财务状况不仅已有好转——2025上半年已较去年同期大幅收窄约71.7%，此次整合也将促进海南机场 收入规模及资产规模得到显著提升。 更为关键的是，此次控股美兰空港，对海南机场具有深远的战略意义，海南机场对海南岛内海口美兰、 三亚凤凰、琼海博鳌三大国际机场的统一运营将实现，为海南机场统一调度海 ...

Core Viewpoint - Hainan Airport Facilities Co., Ltd. has completed the acquisition of a controlling stake in Hainan Meilan International Airport Co., Ltd., marking a significant step in the integration of Hainan's airport operations and enhancing its position as an international aviation hub [1][2] Group 1: Acquisition Details - The company has acquired 23,750 million shares of Meilan Airport, resulting in a 50.19% ownership stake and control over the airport [1] - The share transfer process has been completed, and the company plans to advance the comprehensive offer related to this transaction [1] Group 2: Policy and Market Impact - The acquisition coincides with the historic full island closure of Hainan Free Trade Port, which began on December 18, 2025, and is expected to release various policy benefits that will enhance Hainan's attractiveness as an international tourism and aviation hub [2] - New policies such as duty-free shopping, the seventh freedom of the air, visa-free access for 86 countries, and tax incentives are anticipated to significantly boost passenger and cargo demand in the region [2] Group 3: Operational Synergies - Following the acquisition, Hainan Airport will unify the management of three major international airports: Haikou Meilan, Sanya Phoenix, and Qionghai Boao, creating a large airport operating group with an annual passenger throughput exceeding 50 million [2] - This consolidation is expected to enhance the company's competitiveness in route network planning, commercial resource development, and smart airport construction, positioning it to better capitalize on the growth opportunities arising from the full closure operations [2]