China Southern Airlines Co., Ltd. Public Offering A Shares Listing Announcement
Print the listing announcement of China Southern Airlines Co., Ltd.' s public offering of A shares.
Announcement date: July 2003-19
Section 1 Important announcements and tips
Section II Overview
Section III Introduction
Section IV Overview of Issuers
Section 5 Stock Issuance and Capital Structure
Section 6 Directors, Supervisors and Senior Managers
Section 7 Horizontal Competition and Related Party Transactions
Section 8 Financial Accounting Information
Section 9 Important Matters
Section 10 Listing Commitment of the Board of Directors
Section 11 Listing Sponsors and Their Opinions
Section 1 Important announcements and tips
The board of directors of China Southern Airlines Co., Ltd. (hereinafter referred to as "the Company" and "the Company") guarantees the truthfulness, accuracy and completeness of the listing announcement, and all directors promise that there are no false records, misleading statements or major omissions in the listing announcement, and they will bear individual and joint liabilities.
According to the Company Law, the Securities Law and other relevant laws and regulations, the directors and senior managers of the company have fulfilled their obligations and responsibilities of honesty and diligence according to law.
The stock exchange, China Securities Regulatory Commission and other government agencies invite investors to consult the abstract of the company's prospectus published in china securities journal, shanghai securities news and Securities Times on July 7, 2003, as well as the full text of the company's prospectus published on the website of Shanghai Stock Exchange (www.sse.com.cn).
Section II Overview
1, stock abbreviation: China Southern Airlines.
2. Stock code of Shanghai Stock Exchange: 600029
3. Shenzhen agent stock code: 003029.
4. Total share capital: 437,465,438+078,000 shares.
5. Circulating share capital: 265,438+07,465,438+078,000 shares, including 654,38+06,54,38+078,000 H shares.
6. The circulating share capital of this listing: 65,438+0,000,000 shares.
7. Issue price: 2.70 yuan.
8. Place of listing: Shanghai Stock Exchange
9. Date of listing: July 25th, 2003.
10. Stock registration institution: China Securities Depository and Clearing Co., Ltd. Shanghai Branch.
1 1. Listing sponsor: china galaxy Securities Co., Ltd.
12. restrictions on the circulation of shares held by shareholders before the initial public offering of A shares: according to the current national laws and regulations and the Notice on Approving the Public Offering of China Southern Airlines Co., Ltd. (China Securities Regulatory Commission [2003] No.70), the state-owned shares of the company will not be listed for circulation for the time being.
13. China Southern Airlines Group, the largest shareholder of the company before the listing of A shares, promised not to transfer shares or buy back shares within one year from the date of listing.
Section III Introduction
The company's listing announcement is based on the Company Law of People's Republic of China (PRC), the Securities Law of People's Republic of China (PRC), the Regulations on the Administration of Stock Issuance and Trading, the Detailed Rules for the Implementation of Information Disclosure by Public Companies, the Listing Rules of Shanghai Stock Exchange and other laws and regulations, as well as the No.7 Guidance on the Content and Format of Information Disclosure by Public Companies formulated by China Securities Regulatory Commission.
Approved by China Securities Regulatory Commission, Jian Zheng Zheng Jian Fa Zi [2003] No.70, the company issued RMB ordinary shares100,000 shares on July, 2003, with a par value of 1.00 yuan per share, and 2.70 yuan per share.
With the approval of Shanghai Stock Exchange (SSE [2003] No.86), 65,438+0,000,000 A-share public shares will be listed and traded on Shanghai Stock Exchange from July 25th, 2003. The stock is referred to as "China Southern Airlines", the stock code of Shanghai Stock Exchange is 600029, and the stock code of Shenzhen Stock Exchange is 003029.
On July 7th, 2003, the company published the summary of the prospectus in china securities journal, shanghai securities news and Securities Times respectively. See the website of Shanghai Stock Exchange (www.sse.com.cn) for the text of the prospectus and its appendices. It's less than three months now, and the repeated content will not be repeated. Investors are requested to refer to the above contents.
Section IV Overview of Issuers
I. Basic information of the issuer
1. Issuer's name: (Chinese) China Southern Airlines Co., Ltd.
China Southern Airlines Co., Ltd.
2. Registered capital: 4374178,000 yuan.
3. Legal Representative: Yan Zhiqing
4. Business scope: 1. Provide domestic, regional and international regular and irregular air passenger, freight, postal and baggage transportation services; Second, provide general aviation services; Third, provide aircraft maintenance services; 4. Operating the agency business of domestic and foreign airlines; 5. Provide aviation catering service.
4. Date of establishment:1March 25th, 995.
5. Address and postal code: Baiyun International Airport, Guangzhou City, Guangdong Province (postal code: 5 10405)
6. Telephone and fax number: Tel: (020)86 124737.
Fax: (020)86659040
7. Internet address:
8. E-mail: ir.cz @ cs-air.com
Two. The historical evolution of the issuer
1, historical evolution and sponsors
Our company is a joint stock limited company approved by the State Economic Restructuring Commission (1994) 139 and established by China Southern Airlines (Group) Company (now renamed as China Southern Airlines Group Company, hereinafter referred to as "China Southern Airlines Group") according to the reorganization report confirmed by the Civil Aviation Administration of China and the State Economic Restructuring Commission. The company was registered in China Administration for Industry and Commerce on March 25th, 1995, with a total share capital of 2.2 billion shares, which was held by China Southern Airlines (Group) Company and exercised its state-owned equity.
2.h-share issuance
After the resolution of the company 1997 Extraordinary General Meeting of Shareholders, the Reply of the State Commission for Economic Restructuring (1997) No.66 on Agreeing to Turn China Southern Airlines Co., Ltd. into an Overseas Issuing Company, and the Reply of the State Commission for Economic Restructuring (1997) No.76 on Agreeing to Adjust the Amount of Shares Listed Abroad by China Southern Airlines Co., Ltd., the State Council With the approval of document KLOC-0/997) No.33 "Reply on Approving China Southern Airlines Co., Ltd. to Issue Overseas Listed Foreign Shares", the company issued H shares 1 178000 shares overseas from July to August, 1997. After the completion of this issuance, the company's total share capital is 3,374,654,38+078,000 shares, including 2,200,000 state shares, accounting for 65.2% of the total share capital, and 65,438+065,438+078,000 H shares, accounting for 34.8% of the total share capital.
3.a-share issuance
Approved by China Securities Regulatory Commission, Jian Zheng Zheng Jian Fa Zi [2003] No.70, the company successfully issued 65,438+000,000 RMB ordinary shares on July 65, 2003, with a par value of 65,438+0.00 RMB each and an issue price of 2.70 RMB each. After the completion of this issuance, the total share capital of the company is 4,374,654,38+078,000 shares; Among them, there are 2.2 million state shares, accounting for 50.30% of the total share capital; 65,438+0,000,000 A shares have been issued, accounting for 22.86% of the total share capital; There are 65,438+065,438+07,465,438+078,000 H shares, accounting for 26.84% of the total share capital. Our company will go through the formalities of change registration in the State Administration for Industry and Commerce in the near future.
Three. Main business conditions of the issuer
1. Main business of the issuer
China Southern Airlines Co., Ltd. and its holding subsidiary (hereinafter referred to as the "Group") are mainly engaged in air passenger transport and cargo and mail transport, and passenger transport revenue accounts for about 90% of the main business income.
2. Competitive advantage
(1) has the largest aircraft and route network in China: the group operates 122 jet civil aviation transport aircraft, including 737-200, 737-300, 737-500, 737-700, 737-800, 757-200 and 757. By the end of February 3, 2002, there were 349 domestic and international air routes and 88 navigable cities.
(2) It is in a leading position in the domestic air transport market: in the past three years, the passenger volume, the number of scheduled flights per week, the number of flight hours, the number of routes and the fleet size of the Group ranked first among domestic airlines. In terms of passenger traffic, the group's market share was 24.9% in 2000, 25.4% in 2006 and 25.0% in 2002, accounting for about 50% of the market share in Guangzhou Baiyun Airport, the main hub port, and the market share in Xiamen, Shenzhen and Haikou in terms of the number of outbound passengers and outbound cargo and mail, which has absolute market advantages in South China.
(3) Aviation safety advantage: Our company always adheres to the policy of "safety first, prevention first", strictly follows the provisions of national civil aviation laws and regulations on flight safety, implements the responsibility system for safety objectives, establishes a perfect safety guarantee system, independently develops or introduces SOC (Operation Control System), QAR (Flight Quality Monitoring System) and engine performance monitoring system, and uses scientific management means to ensure flight safety. Our company has a good flight safety record. In 2000, 2006, 5438+0 and 2002, the 10,000-hour rate of flight accidents was 0. 19, 0. 19 and 0.42, respectively, which were lower than the standards set by the General Administration of Civil Aviation and were the leading level of civil aviation transportation in China. In 1995 and 200 1 twice, he won the highest civil aviation safety award in China-Jinpeng Cup.
(4) High management level: The senior management of our company has rich experience in civil aviation management. In recent years, our company has carried out many reforms and system innovations in safety management, marketing management, cost management, revenue management, investment management, performance management and enterprise mechanism, and achieved good economic and social benefits, bringing up a group of management talents with high management level.
(5) Have an independent and complete pilot and flight attendant training system: Our company is the only airline in China that has the ability to independently train pilots. The company's independent and complete pilot training system can continuously deliver well-trained pilots for the company and provide strong personnel support for the company to continuously and steadily expand its transportation capacity. Our flight attendant training center can also train qualified flight attendants according to the needs of the company's business development. Our company's training and training for pilots and flight attendants has been approved by the Civil Aviation Administration of China. We can train and retrain pilots and flight attendants according to our special requirements.
(6) Strong maintenance capability: Guangzhou Aircraft Maintenance Engineering Co., Ltd., a joint venture subsidiary of the company, undertakes the maintenance tasks of most aircraft and engine parts of the group, ensuring the continuous airworthiness and high availability of operating aircraft and providing a strong guarantee for aircraft operation.
(7) Having the leading IT system in the domestic aviation industry: Our company took the lead in introducing the aircraft flight control system (SOC) in China, and through the comprehensive optimization and real-time deployment of aircraft and crew resources, flight safety and flight punctuality rate have been greatly improved; Civil aviation in China took the lead in developing e-commerce system, and launched online booking, online freight booking and e-ticket service, which increased revenue and reduced operating costs; Introduce international advanced revenue management system, take the lead in fully implementing revenue management in China, and maximize flight revenue; The development of frequent flyer system has improved market share and passenger loyalty.
(8) Brand service advantages: The company takes "convenience, reliability and punctuality" as its brand strategy, and is an airline that implemented marketing strategies and strategies earlier in the domestic civil aviation industry. It pays attention to the cultivation of marketing concepts and service concepts, establishes five ground service brands, and introduces thirteen new service initiatives to customers. Our company took the lead in introducing cabin culture into the civil aviation industry in China, and comprehensively launched a series of aviation service brands such as "Heart Service", "Green Cabin", "Silverwing World" and "Sunshine Youth". Brand service has improved the company's popularity and established a good corporate image. The group has established a frequent flyer program with more than 2 million members.
(9) Rich experience in resource integration: Our company has gained rich experience in aviation resource integration from the previous joint reorganization of Guizhou Airlines and Zhongyuan Airlines, and it is easier to realize the integration benefits in the reorganization of civil aviation industry.
3. Disadvantages of competition
(1) Higher exchange rate risk: The Group's debts are mainly foreign currency debts arising from the purchase or financing of aircraft, and the fluctuation of foreign exchange rates (especially the exchange rates of US dollars and Japanese yen) has a great impact on the Group's operating performance.
(2) Short average flight distance: The Group has the largest number of civil aviation routes, but mainly domestic routes. The operating bases are mainly located in South China and Central China, and the average flight distance is short, resulting in relatively high unit cost and relatively low unit revenue.
(3) The freight strength needs to be improved: the growth rate of freight and mail transportation business is higher than that of passenger transportation, but our company's freight and mail transportation income only accounts for about 65,438+00% of the main business income, so it is necessary to further strengthen the freight business.
4. Main financial indicators
Please refer to the relevant contents in "Financial Accounting Information" in this listing announcement.
5. Major intellectual property rights, franchise rights and non-patented technologies
(1) owned trademarks:
At present, our company has the ownership and right to use four trademarks:
Serial number trademark registration certificate number validity period
1 Pearl Club Sky Pearl Club1442723 September 7-20, 200010.9.6
2 Pearl Card Tianzhu Card1442724 September 7, 2000-September 6, —20 10/0
3 Freight 5000 ID1611624 2001.7.28-201.7.27.
4 Sunshine Youth and its logo1941758 2002.10.21-2012.5438+00.20
1927805 2002.9.7—20 12.9.6
1956378 2002. 12.2 1—20 12. 12.20
195637 1 2002. 12.2 1—20 12. 12.20
1927804 2002.9.7—20 12.9.6
1923395 2002.9.7—20 12.9.6
194 1863 2002. 10.2 1—20 12. 10.20
Zhuhai Airlines Co., Ltd., a holding subsidiary of the company, has a registered trademark with the registration number of 97 1666. Xiamen Airlines Co., Ltd., a holding subsidiary of the company, owns the registered trademark of the pattern and the registered trademark of "Xiamen Airlines", with the registration numbers of 7793 15, 8539 1, 855940, 873837 and 859804, and the registration number of "Xiamen Airlines" is 9 15846.
(2) Patented technology:
On June 24th, 2003, China National Intellectual Property Administration granted our company the utility model patent of "Handheld Digital Airborne VHF Radio Emission Tester".
(3) Franchise right
The company and its holding subsidiaries Xiamen Airlines, Zhuhai Airlines, Shantou Airlines, Guizhou Airlines and Guangxi Airlines all hold business licenses for air transport enterprises issued by the Civil Aviation Administration of China.
All the operating routes of the Group have the right to operate airline flights, which is determined by the twice-yearly national airline flight coordination meeting in accordance with the relevant provisions of the Civil Aviation Administration of China and implemented by the Transportation Department of the Civil Aviation Administration of China. If necessary, adjustments or modifications will be made by sending faxes and telegrams.
Guangxi Airlines, Guizhou Airlines, Zhuhai Airlines, Shantou Airlines, Xiamen Airlines and all their branches have maintenance licenses issued by the Civil Aviation Administration of China. GAMECO, a joint venture subsidiary of the Company, holds maintenance licenses issued by CAAC, FAA, JAA, Civil Aviation Administration of Macao Special Administrative Region and Civil Aviation Administration of Nepal.
(4) Non-patented technology
Our company has nine non-patented technologies, such as frequent flyer system, revenue management system, e-commerce system, SOC system (operation control system), TDMS system (electronic management system of aircraft maintenance technical data of China Southern Airlines), freight front-end application system, real-time tracking system of aircraft remote diagnosis, butler system and computer-aided teaching system of aviation simulator training.
6, enjoy the main fiscal and tax preferential policies
(1) According to Caishui [2003] 1 13, the passenger transport business of Japan Group was exempted from business tax, urban maintenance and construction tax and education surcharge from May 1 2003 to September 30, 2003.
(2) According to the Notice of the Ministry of Finance on the Reduction and Exemption of Some Government Funds for Industries Seriously Affected by SARS (Caishuizi [2003] 1No.), the Group's civil aviation infrastructure construction fund was exempted from May 1 2003 to September 30.
(3) The holding subsidiaries of Zhuhai Airlines Co., Ltd., China Southern Airlines (Group) Shantou Airlines Co., Ltd. and Xiamen Airlines Co., Ltd. are located in special economic zones, and the income tax rate is 15%.
(4) Guangzhou Southern Airlines Food Co., Ltd., a holding subsidiary of the company, has a central enterprise income tax rate of 24% according to the preferential policies in the Detailed Rules for the Implementation of the Income Tax Law of Foreign-invested Enterprises and Foreign Enterprises in People's Republic of China (PRC).
(5) Guangzhou Aircraft Maintenance Engineering Co., Ltd., a joint venture company of our company, has the corporate income tax rate of15% since 2000, according to the preferential policyNo. [200 1]77; According to Caishui [2000] 102, since June 65438+10, 2000, the tax authorities will adopt the policy of VAT collection first and then return for the part with the actual tax burden of aircraft maintenance service exceeding 6%.
Section 5 Stock Issuance and Capital Structure
First, the initial public offering of A shares before the listing.
1. Stock type: RMB common stock.
2. par value per share: 1.00 yuan.
3. Issue quantity: 1 1,000,000 shares.
Total issued share capital: 437,465,438+078,000 shares.
Proportion of issued shares to total issued share capital: 22.86%
4. Issue price: 2.70 yuan.
5. Issue price-earnings ratio: 18.00 times.
6. Issuance method: all investors in the secondary market are priced and placed.
7. Issuer: an investor who holds RMB ordinary shares (A shares) listed and circulated in Shanghai or Shenzhen stock markets with a market value of more than 654.38+0 million yuan on the day when the prospectus is published, that is, at the close of July 7, 2003.
8. Net funds raised: 2,640,767,180,438+0 yuan.
9. Issuance fee: 59,232,865,438+09.79 yuan, including underwriting fee of 43,200,000 yuan, CPA fee of 5,650,000 yuan, lawyer fee of 65,438+0,000,000 yuan, audit fee of 30,000 yuan and online issuance fee of 9.
10, issuance fee per share: 0.059 yuan.
Two. Underwriting the initial public offering of A shares before the listing of the stock.
The total number of 65,438+0,000,000 RMB ordinary shares issued this time is 950,809,654,38+04, and the winning rate is 65,438+0.055,438+073,579%. Among them, the secondary market investors subscribed for 989,765,438+06,309 shares, and the other A shares that were abandoned by the winning investors were underwritten by the lead underwriter china galaxy Securities Co., Ltd.
Three. A capital verification report on the funds raised by the initial public offering of A shares before the listing of the stock.
capital verification report
KPMG-AH(2003)CR No.0017
All shareholders of China Southern Airlines Co., Ltd:
We accepted the appointment to verify the paid-in amount of 65,438+0,000,000 RMB ordinary shares (hereinafter referred to as "A shares") with newly-increased registered capital publicly issued by China Southern Airlines Co., Ltd. (hereinafter referred to as "the Company") in July 2003. It is the responsibility of all shareholders and your company to invest in accordance with relevant national laws and regulations and the requirements of the agreement and articles of association, provide truthful, lawful and complete information for capital verification, and protect the safety and integrity of assets. Our responsibility is to express our verification opinions on the paid-in amount of newly-increased registered capital of your company. Our verification was conducted in accordance with the Statement of Independent Auditing PracticesNo. 1/for 1- capital verification. In the process of verification, we carried out inspection and other necessary verification procedures in combination with the actual situation of your company.
The extraordinary shareholders' meeting and class shareholders' meeting held by your company on May 2 1 2002 passed the resolution of issuing RMB ordinary shares and listing them, and in 2003, it was approved by China Securities Regulatory Commission (2003) No.70 document, agreeing that your company would issue 65,438+0,000,000 ordinary shares. The original registered capital of your company is RMB 3,374,654.38+078,000. According to the revised Articles of Association, the Company intends to apply for increasing the registered capital by RMB 65,438,000,000, and the registered capital after alteration is RMB 4,374,65,438,078,000.
According to our verification, as of July 16, 2003, your company has received 65,438+0,000,000 A shares, of which the share capital is 65,438+0,000,000 yuan.
At the same time, we note that the registered capital of your company before this capital increase is RMB 3,374,654,38+078,000, which has been verified by KPMG Huazhen Certified Public Accountants, and was confirmed on 19941February 3 1 day and1September 997. As of July 16, 2003, the registered capital after alteration was RMB 437,465,438+078,000.
This capital verification report is for your company's application for industrial and commercial change registration and A-share listing, and should not be regarded as a guarantee for your company's future capital preservation, debt repayment ability and going concern ability. The consequences caused by improper use of this capital verification report have nothing to do with the certified public accountants and accounting firms that carry out this capital verification business.
Annex I: Description of Capital Verification Matters
Annex II: List of registered capital before and after this A-share issuance
Annex III: Copy of the business license of the accounting firm.
KPMG Huazhen Certified Public Accountants China Certified Public Accountant
No 1, Jianguomenwai Street, Luo Zheng, China.
China International Trade Center Building 2 16 July 2003 17
Four. The record of this A-share fund
1, entered on July, 2003 16.
2. Account amount: 2,647,447, 180.2 1 yuan (the balance of raised funds after deducting the issuance fee and underwriting fee).
3. Account number: 800108226608093001.
4. Bank of deposit: Guangdong Branch of Bank of China.
Verb (abbreviation of verb) The stock ownership structure and shareholders' shareholding before listing.
1. The share capital structure of the company before this listing.
Before and after issuance
Share Category Share Proportion (%) Share Proportion (%)
1. Shares not yet in circulation
State shares 2.2 billion shares 65.2% 2.2 billion shares 50.30%.
Second, tradable shares
1, overseas listed foreign shares (H shares) 1, 174,178,000 shares 34.8% 1, 174,/78,000 shares 26.88.
2. Domestic listed ordinary shares (A shares)-65,438+0,000,000,000 shares, 22.86%.
Total share capital is 3,374,178,000 shares 100% 4,374,178,000 shares100%.
2. The number and proportion of shares held by the top ten shareholders of the company before this listing.
As of July 15, 2003, the shareholding of the top ten shareholders of the company is as follows:
No. Name of shareholder Number of shares (proportion of shares)
1 China Southern Airlines Group 2.25 billion 50.295%
2 HKSCC nomination co., ltd. 1,148,403,998 26.254%
3 china galaxy Securities Co., Ltd.10,783,6910.247%
4 ascension nomination co., ltd
5 Southern Securities 2.495 million 0.057%
6 Xinghe Fund 2,156,000 0.049%
7 Anshun Fund 1, 968,000 0.045%
8 Children's Fund 1.759 million 0.040%
9 Huaan Innovation 1.722 million 0.039%
10 fengsum 1, 67 1, 000 0.038%
Total 3374958689 77.438+056%
Section 6 Directors, Supervisors and Senior Managers
I. Members of the Board of Directors
Mr. Yan Zhiqing, the chairman of our company, was born in 1942. He graduated from the Institute of Aviation Management and Flight Control with a university degree and is an engineer. Mr. Yan has worked in the civil aviation industry in China for 40 years, and served as the director of the navigation department of Hunan Provincial Bureau of Civil Aviation from 1970 to 198 1. 1985 to 1992 Director of Guangxi Regional Bureau of Civil Aviation; 1992 to 1994 as the director of the central and southern civil aviation administration; 1994 to 1996 as the director of the political department of CAAC; 1996 to 1998 served as party secretary and executive deputy general manager of China southern airlines group company; From 2002 1998 to 10, he served as the president of China Southern Airlines Group; Since 2002 10, he has served as general manager and deputy secretary of the party group.
Mr. Liu, vice chairman of our company, male, was born in 1944, and graduated from the Department of World Economics of Fudan University with a postgraduate degree. Mr. Liu 1988 to 1993 served as secretary and mayor of Sanya Municipal Committee of Hainan Province, 1993 to 1996 served as deputy governor of Hainan Province, 1996 to 200 1 served as deputy director of the Hong Kong and Macao Affairs Office of the State Council.
Mr. Wang Changshun, vice chairman and general manager of our company, male, born in 1957, graduated from the Graduate School of Chinese Academy of Social Sciences with a major in business management, and is a senior political engineer. Mr. Wang has been engaged in civil aviation since 1976, and his major is air traffic control. He has served as director of the navigation dispatching room of Urumqi Administration of Civil Aviation, director of the navigation meteorological safety supervision department, deputy general manager of Xinjiang Airlines and deputy director of Urumqi Administration of Civil Aviation, and secretary of the Party Committee of Xinjiang Airlines. He has been the general manager of the company since 2000 and the deputy general manager of China Southern Airlines Group since June 2002. Mr. Wang is also the chairman of Guizhou Airlines Co., Ltd. ..
Mr. Peng Anfa, director of our company, male, born in 1948, with a university degree, is a senior political engineer. From 1978 to 1980, Mr. Peng was the pilot director of No.6 Civil Aviation Brigade, the party secretary of the flight department of our company from 1994 to 1998, and the general manager of China Southern Airlines (Group) Company from 1998 to 2000. Mr. Peng is also the vice chairman of Shenzhen Aviation Food Co., Ltd. ..
Mr. Wang Quanhua, director of our company, male, born in 1954, university degree, economist. From 1992 to 1998, Mr. Wang served as director of the planning and operation department of China Southern Airlines Group, general manager of the planning and development department of China Southern Airlines Group from 1998 to 2006, assistant to the planning department of China Southern Airlines Group from May 2006 to 2002, and from March 2002 to/kloc-.
Mr. Zhao Liuan, director of our company, male, was born in 1948, with a college degree and a first-class pilot. 1985 to 1992, Mr. Zhao successively served as director of aviation meteorological safety supervision department, director of science and education department and director of Fei Biao department of Urumqi Administration of Civil Aviation, 1992 to 1995, captain of the ninth flight brigade of Urumqi Administration of Civil Aviation, 1995 to 200/.
Mr. Zhou Yongqian, the director of our company, was born in 1945. He graduated from Nanjing Air Force Meteorological College with a university degree and is a senior political engineer. From 1990 to 1994, Mr. Zhou served as the director of the organization department of Northeast Civil Aviation Administration, from 1994 to 1995 as the deputy secretary of the Party Committee of Shenyang Taoxian International Airport, and from 1995 to 200/kloc-0. Mr. Zhou is also the general manager of China Northern Airlines.
Mr. Zhou, director of our company, male, born in 1943, with a university degree. Mr. Zhou served as the Minister of Propaganda Department of China Southern Airlines Group from 1994 to 1995; 1996 to 1998 as the party secretary of China southern airlines transportation department; 1998 in 2000, he served as secretary of the Party Committee of China Southern Airlines (Group) Shenzhen Company, and since 2000, he has served as chairman of the company's trade union. Mr. Zhou is also the chairman of Guangzhou Southern Airlines Engineering Supervision Co., Ltd. and China Southern Airlines (Group) Economic Development Company.
Mr. Xu Jiebo, director and chief financial officer of our company, male, born in 1965, graduated from the Department of Management Engineering of Tianjin University, and is a senior accountant. Mr. Xu used to work in the finance department of Guangzhou Civil Aviation Administration as the chief of the infrastructure finance department. 1992 to 1998 served as deputy director and director of the finance department of the central south administration of civil aviation, 1998 served as general manager of the finance department of the company from 2000 to 2000, and 200 1 served as director and chief financial officer of the company so far. Mr. Xu is currently the director of China Southern Airlines (Group) Shantou Airlines Co., Ltd., Guangxi Airlines Co., Ltd., China Southern Airlines Group Finance Co., Ltd., Guangzhou Aircraft Maintenance Engineering Co., Ltd., Zhuhai Free Trade Zone Motianyu Aeroengine Maintenance Co., Ltd., Guangdong Southern International Air Travel Company, Nanlong Tourism (Hong Kong) Co., Ltd. and the vice chairman of Sichuan Airlines Co., Ltd.
Mr. Wu Rongnan, the director of our company, is male, born in 194 1, with a university degree and an air traffic control engineer. Mr. Wu used to be the Director of Navigation Department of guangzhou civil aviation Bureau. From 65438 to 0986, he served as director and general manager of Xiamen Airlines Co., Ltd. ..
Mr. Du Zhiqiang, an independent non-executive director of the Company, male, a Hong Kong resident, was born in 195 1, and holds an MBA from Stanford University. Mr. Du is currently the managing director of Hutchison Whampoa (China) Co., Ltd. and the vice chairman of Guangzhou Aircraft Maintenance Engineering Co., Ltd., and has served as a director of many foreign-funded companies in Hong Kong and the Mainland. As early as the early 1980s, Mr. Du began to preside over investment projects in the Mainland, and he was familiar with the laws and regulations of Hong Kong and the Mainland.
Mr. Le Gongnan, an independent non-executive director of the company, male, a Hong Kong resident, born in 1936, is a veteran in the civil aviation field. Mr. Le joined the Civil Aviation Department of Hong Kong from 65438 to 0956, served as Assistant Director of Civil Aviation Department of Hong Kong from 65438 to 0982, and served as Deputy Director of Civil Aviation Department of Hong Kong from 65438 to 0988.