Hainan Airport board approves subsidiary equity transfer, performance report

Hainan Airport Infrastructure Co., Ltd. (Hainan Airport) held its Tenth Board of Directors' Thirty-Seventh Meeting on December 25, 2025. Chaired by Yang Xiaobin, the meeting was attended by all nine directors and was conducted through a combination of in-person and remote communication methods, confirming its validity according to company regulations.

The board unanimously approved two significant matters. Firstly, the "Proposal on the Transfer of Equity in Sanya Lingkong Infrastructure Construction Co., Ltd.," a subsidiary, received nine votes in favor, with no abstentions or opposing votes. Further details on this transaction are available in the "Announcement on the Transfer of Equity in Sanya Lingkong Infrastructure Construction Co., Ltd. by a Subsidiary" (Announcement No.: Lin 2025-088), released concurrently with this resolution.

Secondly, the "2025 'Quality Improvement, Efficiency Enhancement, and High Returns' Action Plan Evaluation Report" was also unanimously approved, with nine votes in favor and no opposition or abstentions. The full report can be accessed on the Shanghai Stock Exchange website.