China Eastern Air's Parent Company Boosts Holdings with Additional A-Share Purchases

Stock News03-17 20:10

China Eastern Air (00670) announced that on March 13, 2026, China Eastern Air Group increased its holdings of the company's A-shares by 33.9713 million shares, representing 0.15% of the total share capital. The group also revealed a follow-up share purchase plan, aiming to accumulate A-share acquisitions worth no less than RMB 5 billion and no more than RMB 10 billion, inclusive of the aforementioned purchase.

Prior to this change in equity, China Eastern Air Group directly held 8.893 billion shares, accounting for 40.26% of the total share capital. Together with its parties acting in concert, the group held 12.129 billion shares, representing 54.91% of the total equity.

Pursuant to the share purchase plan, China Eastern Air Group acquired an additional 19.61 million A-shares through centralized bidding on March 16, 2026, representing 0.09% of the total share capital. Following this transaction, the group's direct holding increased to 8.913 billion shares, or 40.35% of the total equity. Combined with its parties acting in concert, the total holding reached 12.148 billion shares, equivalent to 55.00% of the total share capital.

The cumulative change in equity held by China Eastern Air Group and its parties acting in concert has reached a 5% threshold.

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