China Southern Airlines: Shareholder approval for key resolutions

China Southern Airlines [SSE:600029] secured shareholder approval for all proposed resolutions at its 2024 annual meeting on May 23, 2025, according to a filing with the Shanghai Stock Exchange. Key approvals included the 2024 board and supervisory reports, the 2024 annual report and profit distribution plan, and the reappointment of external auditors for 2025. Shareholders also approved extending the use of idle A-share and convertible bond funds for cash management, within limits of CNY7 and CNY12 million respectively. The airline also revised its board committee membership, appointing Zhu Haiping to the audit and risk management, nomination, and aviation safety committees. Separately, China Southern Airlines received a AAA credit rating from United Credit Ratings for its 2020 convertible bonds ("South China Transfer Bonds"), with a stable outlook. The airline commissioned United Credit Ratings to track the bond ratings. Finally, the board has approved collaboration on the 15th National Games and the 12th National Games for Disabled Persons and the 9th Special Olympics.