Core Insights - Shenzhen Airlines has undergone a business change, adding Shenzhen Kunhang Investment Partnership (Limited Partnership) as a shareholder [1] - The registered capital of Shenzhen Airlines has increased from 5.36 billion RMB to approximately 9.35 billion RMB, representing a growth of about 74% [1] Company Overview - Shenzhen Airlines was established in October 1989 and is represented legally by Li Shuxing [1] - The company's business scope includes passenger ticket agency, ticketing services, and business agency services [1] - The current shareholders include Air China, Shenzhen International Logistics (Shenzhen) Co., Ltd., and the newly added shareholder [1]

Group 1 - Airline stocks experienced significant declines, with China Southern Airlines down 7.67% to HKD 5.54, China Eastern Airlines down 7.12% to HKD 5.22, and Air China down 3.5% to HKD 6.89 [1] - The Chinese Ministry of Foreign Affairs advised citizens to avoid traveling to Japan during the Spring Festival, leading to the cancellation of all 49 flights to Japan in February [1] - Major airlines including Air China, China Eastern, China Southern, and others announced an extension of their free ticket refund and change policy for flights to Japan until October 24 [1] Group 2 - Dongxing Securities reported that the demand for flights to Japan is affected, causing some capacity to overflow to other routes, which may lead to oversupply in the market [1] - Recent fluctuations in oil prices and exchange rates were noted, with Huachuang Securities indicating that a 10% change in oil prices could impact the annual costs of the three major airlines by approximately CNY 4.3 to 5.1 billion, while a 1% change in exchange rates could affect them by CNY 130 to 260 million [1]

中国国际航空股份有限公司（以下简称"公司"）第七届董事会第十二次会议（以下简称"本次会议"）的 通知和材料于2026年1月16日以电子邮件的方式发出。本次会议于2026年1月27日11:30在北京市顺义区 天柱路30号国航总部大楼C713会议室以现场结合视频方式召开。本次会议应出席董事9人，实际出席董 事9人，副董事长王明远先生因公务委托董事长刘铁祥先生出席并表决，董事肖鹏先生因公务委托董事 崔晓峰先生出席并表决，独立董事谭允芝女士因公务委托独立董事徐念沙先生出席并表决。本次会议由 董事长刘铁祥先生主持，公司高级管理人员列席本次会议。本次会议的召集和召开符合《公司法》等相 关法律、行政法规、规章、规范性文件以及公司章程的规定，合法、有效。 二、董事会会议审议情况 本次会议审议并通过了《关于成立财务共享中心及优化财务组织体系的议案》。 表决情况：赞成9票、反对0票、弃权0票，表决结果：通过。 证券代码：601111 股票简称：中国国航 公告编号：2026-005 中国国际航空股份有限公司 第七届董事会第十二次会议决议公告 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 ...

（於中華人民共和國註冊成立的股份有限公司） （股份代號：00753） 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之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不會就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。 海外市場公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條的規定而發表。 附件為中國國際航空股份有限公司於上海證券交易所刊發之 中國國際航空股份有限公司第七屆董事會第十二次會議決議公告 承董事會命 中國國際航空股份有限公司 公司秘書 肖烽 中國北京，二零二六年一月二十七日 於本公告日期，本公司的董事為劉鐵祥先生、王明遠先生、崔曉峰先生、Patrick Healy （賀以禮）先生、肖鵬先生、徐念沙先生*、禾雲先生*、譚允芝女士*及高春雷先生*。 * 本公司獨立非執行董事 证券代码：601111 股票简称：中国国航 公告编号：2026-005 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。 一、董事会会议召开情况 中国国际航空股份有限公司 ...

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。 一、董事会会议召开情况 证券代码：601111 股票简称：中国国航 公告编号：2026-005 中国国际航空股份有限公司 第七届董事会第十二次会议决议公告 中国国际航空股份有限公司董事会 中国北京，二〇二六年一月二十七日 2 中国国际航空股份有限公司（以下简称"公司"）第七届董事会第十二次会 议（以下简称"本次会议"）的通知和材料于 2026 年 1 月 16 日以电子邮件的方 式发出。本次会议于 2026 年 1 月 27 日 11:30 在北京市顺义区天柱路 30 号国航总 部大楼 C713 会议室以现场结合视频方式召开。本次会议应出席董事 9 人，实际 出席董事 9 人，副董事长王明远先生因公务委托董事长刘铁祥先生出席并表决， 董事肖鹏先生因公务委托董事崔晓峰先生出席并表决，独立董事谭允芝女士因公 务委托独立董事徐念沙先生出席并表决。本次会议由董事长刘铁祥先生主持，公 司高级管理人员列席本次会议。本次会议的召集和召开符合《公司法》等相关法 律、行政法规、规章、规范性文件以及 ...

1月27日，中国国航跌1.15%，截至发稿，报8.57元/股，成交6.44亿元，换手率0.64%，总市值1495.33亿 元。中国国航股价已经连续5天下跌，区间累计跌幅5.82%。 资料显示，中国国际航空股份有限公司位于北京天竺空港经济开发区天柱路30号,香港国际机场东辉路 12号中航大厦5楼，成立日期2006年3月27日，上市日期2006年8月18日，公司主营业务涉及航空客运和 航空货运及邮运。主营业务收入构成为：航空客运90.64%，其他4.93%，航空货运及邮运4.43%。 曹璐迪累计任职时间5年254天，现任基金资产总规模215.81亿元，任职期间最佳基金回报138.03%， 任 职期间最差基金回报-44.98%。 声明：市场有风险，投资需谨慎。 本文基于第三方数据库自动发布，任何在本文出现的信息（包括但 不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验，因此本文内 容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联系 biz@staff.sina.c ...

Group 1 - The three major Chinese airlines, Air China, China Southern Airlines, and China Eastern Airlines, announced an extension of the free ticket refund and change policy for flights to and from Japan, applicable for tickets purchased before January 26 for travel dates from March 29 to October 24 [1] - The airlines have previously issued special handling plans for tickets related to Japan routes, with the initial free refund and change policy set to expire on March 28 [1] Group 2 - The Chinese Ministry of Foreign Affairs issued a warning advising citizens to avoid traveling to Japan during the upcoming Spring Festival due to rising safety concerns, including an increase in criminal cases against Chinese nationals and recent earthquakes [2] - As of January 26, 2026, there have been 49 flight routes canceled entirely, marking an increase from January, with a cancellation rate of 47.2% for flights from mainland China to Japan in January 2026, up by 7.8 percentage points from December 2025 [2]

（来源：经济日报） 转自：经济日报 国航、南航、东航1月26日发布公告称，根据外交部发布的出行提醒，为协助受影响旅客更好安排出 行，针对1月26日12时前已购买、旅行日期为3月29日至10月24日的上述航空公司日本航线进出港航班客 票，可办理免费退改手续。 据悉，自去年11月15日以来，中国航司已经取消大量赴日航班，根据航班管家DAST数据，2026年1月 中国大陆赴日本航班取消率达47.2％较2025年12月增长7.8个百分点。截至1月26日，2026年2月已有49条 航线取消全部航班。 1月15日，日本政府统计综合窗口公布2025年12月出入境统计数据。数据显示，2025年12月中国公民 （不含港澳台）赴日34.87万人，较2024年12月同比下降约40％，较2025年11月环比下降约35％。 ...

Group 1 - The core viewpoint of the article is that Chinese airlines have extended the free cancellation and rescheduling period for flights to Japan until October 24, 2026, due to safety concerns raised by the Chinese Ministry of Foreign Affairs [2][4] - The extension of the free cancellation and rescheduling policy is a response to warnings about the security situation in Japan, including a rise in criminal cases against Chinese citizens and recent earthquakes [4] - As of January 26, 2026, there has been a significant reduction in flights from China to Japan, with 49 flights canceled or reduced in February, marking a 47.2% decrease in January compared to December 2025, an increase of 7.8 percentage points [4] Group 2 - The three major Chinese airlines involved are China Southern Airlines, Air China, and China Eastern Airlines, all of which have announced the extension of the policy [2] - The impact of the extended cancellation policy may affect travel during the upcoming May Day holiday and summer vacation periods [4] - Data from the Japan Department Store Association indicates a 40% year-on-year decrease in both the number of Chinese customers and sales in Japanese department stores as of December 2025 [4]

Core Viewpoint - Major Chinese airlines, including Air China, China Eastern Airlines, and China Southern Airlines, have extended the special handling policy for tickets related to Japan routes until October 24, 2026, allowing for free cancellations and changes under specific conditions [2]. Summary by Relevant Sections Air China - Tickets must meet the following conditions: purchased or reissued before January 26, 2026, at 12:00 PM, and involve travel dates from March 29, 2026, to October 24, 2026, for flights to and from Tokyo, Osaka, Nagoya, Fukuoka, Sendai, Hiroshima, Sapporo, and Okinawa [14]. China Eastern Airlines - Applicable to tickets for international, regional, or domestic flights that include at least one unused segment involving Japan, with travel dates from March 29, 2026, to October 24, 2026. The ticket must be issued or reissued before January 26, 2026, at 12:00 PM [5]. China Southern Airlines - Tickets must be purchased or reissued before January 26, 2026, at 12:00 PM, and involve travel dates from March 29, 2026, to October 24, 2026, for flights to and from Japan, including code-sharing flights [8]. Shandong Airlines - Tickets must be purchased or reissued before January 26, 2026, at 12:00 PM, and involve travel dates from March 29, 2026, to October 24, 2026, for flights to and from Osaka, including code-sharing flights [15]. Xiamen Airlines - Applicable to tickets purchased or reissued before January 26, 2026, at 12:00 PM, with travel dates from March 29, 2026, to October 24, 2026, for flights to and from Japan, including code-sharing flights [11]. Shanghai Airlines - Tickets must include at least one unused segment involving Japan, with travel dates from March 29, 2026, to October 24, 2026, and must be issued or reissued before January 26, 2026, at 12:00 PM [13]. Sichuan Airlines - Tickets must be purchased or reissued before January 26, 2026, at 3:00 PM, with travel dates from March 29, 2026, to October 24, 2026, for flights to and from Japan, including code-sharing flights [21]. Previous Notifications - Prior to this announcement, multiple airlines had issued notifications regarding free cancellations and changes for tickets related to Japan routes, with specific dates for travel and cancellations [18].