Hainan Airlines shareholders approve equity waiver, transaction adjustments

Hainan Airlines Holding Co., Ltd. announced the resolutions from its fourth extraordinary general meeting of shareholders held on October 20, 2025. The meeting, attended by 4,352 shareholders representing 13.0915% of total voting shares, passed two key proposals.

The first resolution, "Proposal on Waiving the Right of First Refusal for Equity in Invested Companies and Related Transactions," was approved. Of the 5,657,579,081 total voting shares represented, 3,482,243,491 votes were in favor (61.5500%), 2,139,724,863 against (37.8205%), and 35,610,727 abstained (0.6295%).

Shareholders also approved the "Proposal on Adjusting the Estimated Amount of Daily Production-related Related Transactions for 2025." For this resolution, 3,365,570,992 votes were in favor (94.7256%), 24,981,684 against (0.7031%), and 162,413,913 abstained (4.5713%). Controlling shareholders, including Hainan Hanwei Investment Co., Ltd., abstained from voting on both resolutions due to their related-party nature.