Shenzhen Airport streamlines operations, approves wealth management for idle funds

Shenzhen Airport (SZSE:000089) held its first extraordinary general meeting of shareholders in 2025 on September 4, where a key resolution regarding the use of idle funds for wealth management products was approved. The proposal received 99.81482% of votes in favor. The meeting was presided over by director Liu Feng and attended by 346 shareholders and authorized representatives.

Concurrently, the company's eighth board of directors convened its fourteenth extraordinary meeting, approving the liquidation and deregistration of its wholly-owned subsidiary, Shenzhen Saiyida Bonded Logistics Co., Ltd. Saiyida reported total assets of RMB 9.151 million and a cumulative profit of RMB 0.055 million as of July 31, 2025, but its declining business volume prompted the decision to mitigate operational risks.

Additionally, the board approved the signing of performance responsibility letters and employment agreements for the management team, along with revisions to the company's remuneration management system. These measures aim to standardize management and align with actual operational needs, ensuring compliance and efficient governance.