Hainan Airlines Holding Co.: Selling 80% equity of its subsidiary for a transaction amount of 44,002,200 yuan.

Hainan Airlines Holding announced that its holding subsidiary, Hainan Aviation Trade, intends to transfer 80% of Hainan Airlines Resources' equity to Fonda Aviation International Headquarters, with a transaction amount of 44,002,240 yuan. This transaction constitutes a related party transaction and does not constitute a major asset restructuring, and it has been approved by the board of directors. Hainan Airlines Resources is currently operating normally, with revenues of 172,735,500 yuan and a net profit of 10,974,200 yuan in 2025. After the transaction is completed, Hainan Airlines Resources will no longer be a consolidated subsidiary of the company, and it is expected not to have a significant impact on the company's current production and operational results.