FilingReader Intelligence
Hainan Airlines subsidiary sells bank stake for 349m yuan
July 11, 2025 at 11:59 AM UTC•By FilingReader AI
Hainan Airlines Holding's subsidiary Shanxi Airlines sold all 34.75 million A shares of Shanghai Rural Commercial Bank for approximately 349 million yuan at 10.04 yuan per share.
The divestment is expected to improve the company's operating performance by optimizing its asset structure.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Hainan Airlines Holding publishes news
Free account required • Unsubscribe anytime