China Southern Airlines: Application for the issuance of A-shares to specific targets approved by the Shanghai Stock Exchange.

China Southern Airlines announced that the company recently received the Shanghai Stock Exchange's "Review Opinions on the Issuance of Shares by China Southern Airlines Company Limited to Specific Objects." The company's application for the issuance of A-shares to specific investors meets the conditions for issuance, listing, and information disclosure requirements. This issuance still needs to obtain the China Securities Regulatory Commission's approval for registration before it can be implemented, and there is still uncertainty regarding whether and when the registration approval from the China Securities Regulatory Commission will be granted.