Hainan Airlines OKs aircraft sale, engine buy in meeting

Hainan Airlines Holding (SSE:600221) convened its first extraordinary general meeting of shareholders in 2025, where several key resolutions were passed. Shareholders approved the sale of nine Boeing 787-8 aircraft and the acquisition of spare engines. In a meeting overseen by the Beijing DeHeng Law Firm, shareholders holding 51.7138% of the company's shares voted. For the aircraft sale, 98.2126% voted in favor. Regarding the engine purchase, 99.6771% of shareholders approved the resolution. Additionally, shareholders approved the company's plan to relinquish its rights to an increase in capital contributions from a participating company and related transactions. According to its legal counsel, the procedures were compliant with the relevant laws and regulations.