Hainan Airlines provides update on major asset purchase
Hainan Airlines Holding announced it is still working to respond to the Shanghai Stock Exchange's (SSE) inquiry regarding its plan to acquire 100% equity interest in Hainan Tianyu Flight Training Co., Ltd from Hainan Airport Development & Construction Group Co., Ltd. The proposed transaction consideration is CNY 799.07 million. The SSE issued its inquiry on June 18, 2025, giving Hainan Airlines 10 trading days to respond; Hainan Airlines has requested an extension to July 8, 2025. Hainan Airlines says it will continue to advance relevant work and strictly fulfill its information disclosure obligations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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