Southern Airlines announced on the evening of October 30th, the number of non-public issues of A shares is no more than 2.453 billion (including 2453 billion), and the total raised funds does not exceed RMB 16.8 billion, (including RMB 16.8 billion), raised The fund will be used to introduce 31 aircraft projects and repay the company's borrowing.
In addition, Southern Airlines intended non-public issued H shares stocks no more than 613 billion shares (including 613 billion shares), and total fundraising is not more than HK $ 3.5 billion (including HK $ 3.5 billion). After deducting the issuance fee, this non-public distribution of H-shares is all used to supplement the company's general operational funds.
Southern Airlines This non-public issue of non-public distribution A shares is the company's holding stock Southeast China Group, and the issuance of non-public issuance H shares is the Nanlong Holdings. The issued object of this non-public release is one-time subscription in cash. China Southern Airlines Group and Nanlong Holdings have signed a settlement agreement with the company.
Southern Airlines This non-public distribution A share and H shares constitute a related transaction, China Savo Group and Association shareholders, and the relevant director evading the vote. As of the date of the announcement, Southern Airlines Control Shareholders are China Southern Airlines Group and the actual controller is the State-owned Assets Supervision Commission of the State Council. After the completion of the non-public issuance, the company's controlling shareholder and the actual controller unchanged. Therefore, this non-public issue does not cause changes in the company's control.
It is reported that Southern Airlines is the largest transportation aircraft, the most developed route network, the largest airlines. As of the end of 2018, the company's operations include 840 models such as Boeing 787, 777, 747, 737, Airbus 380, 330, 320 Series. In 2018, the company's passenger transportation volume was nearly 140 million, and the first year of China's airlines, the number of flyers and passenger transportation was ranked third in Asia.
In recent years, global air transport demand is stable, and the global aviation industry has generally good. According to data released by the International Air Transport Association (IATA), 2018 global air passenger demand increased by 6.5% year-on-year, global air transport increased by 6.1% year-on-year, and the average annual guest level rose to a new high 81.9%.
According to the Civil Aviation Authority, the National Development and Reform Commission, the Ministry of Civil Aviation Thirteen Five-Year Plan, in 2020, China's total turnover, the development goals of passenger total turnover are 1,42 billion tons, and 722 million, year. Both an increase of 10.8% and 10.4%.
According to reports, in order to grasp the rapid development of global and China's civil aviation market, Southern Airlines plan actively expands the size of the company, expects the "13th Five-Year Plan" period to be 972, growth rate and my country's civil aviation during the "12th Five-Year" period The average annual growth rate of the unit and the convergence growth of the shipments in the "Civil Aviation 13th Five-Year Plan" basically matches.
Through this non-public distribution A shares, Southern Airlines will use raised funds to introduce 31 aircraft, and increase the size of the company, improve the company's capacity, continue to optimize route network and fleet structure, and company development plan and The purchase plan is matched, which is in line with the company's development direction of the development of a streamlined modern fleet, thereby further increasing the company's core competitiveness.
As of December 31, 2016, December 31, 2017, December 31, 2018 and September 30, 2019, the balance ratios of the southern aviation merged report caliber were 72.71%, 71.53%, 68.30% and 73.89, respectively. %. At present, the South Aviation Financial Leverage is higher to a certain extent, and its financial security and risk ability are reduced.
This time, Southern Airlines plans to use RMB 3.5 billion in this non-public distribution of A-share stocks to repay the company's borrowing, which is used to reduce the company's balance rate, reduce financial expenses, improve the risk of risk, and improve profitability. It is understood that when the funds raised by RMB 3.5 billion, after repaying the company borrowings according to the plan, Southern Airlines consolidated asset liabilities will further fall further to 69.65%.
Southern Airlines said that this non-public distribution A shares will further consolidate and strengthen the company's main business, enhance the company's core competitiveness, improve profitability, and expand market share, lay a good foundation for future sustainability.
Southern Airlines also disclosed three quarterly reports, revenue for 116665 billion yuan in the first three quarters, an increase of 7.14% year-on-year; net profit is 4.078 billion yuan, down 2.32% year-on-year.
Editor of responsibility; ZL
Our other product:
