Hainan Airlines: holding subsidiary acquires 38.8% minority equity of Beixiang Technology for 1 yuan.

Hainan Airlines announced that the 11th Board of Directors of the company approved a proposal at the second meeting, agreeing for its subsidiary, Hainan Airlines Technology, to acquire 38.8% of the shares of Beixiang Technology currently held by Northern Heavy Industries for 1 yuan. After this transaction, Beixiang Technology will still be a subsidiary of Hainan Airlines Technology, with its shareholding ratio increasing from 51% to 89.8%. The voting results were 4 in favor, 0 against, 0 abstentions, and 5 recusals.