CHINA SOUTH AIR (01055) has applied for approval from the China Securities Regulatory Commission for the registration of A-share stock issuance to specific targets.

CHINA SOUTH AIR (01055) announced the issuance of no more than 5,436,289,835 new A-shares (including 5,436,289,835 shares of A-shares) to no more than 35 specific investors (including China Southern Airline Group). The company recently received the China Securities Regulatory Commission's reply regarding the approval of CHINA SOUTH AIR Co., Ltd. to issue shares to specific objects for registration (Certificate No. [2026] 2352) (the approval). The main contents of the approval are as follows: 1. The companys application for the registration to issue shares to specific objects is approved. 2. The companys issuance must be strictly implemented according to the documents submitted to the Shanghai Stock Exchange and the issuance plan. 3. This approval is valid for 12 months from the date of registration approval. 4. From the date of registration approval until the completion of this issuance, should any significant matters arise, the company shall promptly report to the Shanghai Stock Exchange and handle them according to relevant regulations.