Hainan Airport announced that Phoenix Airport, a holding subsidiary of the company, plans to use its own capital to acquire 45% of Sanya Airfood's shares held by Truffle5 GmbH, with a transaction consideration of RMB 33.75 million. The transaction was reviewed and approved by the fourth meeting of the 11th board of directors of the company, and there is no need to submit it to the shareholders' meeting for review; all delivery prerequisites agreed in the transaction agreement have not yet been met. After the transaction is completed, Phoenix Airport will hold 51% of Sanya Airlines Food's shares, and Sanya Airlines Food will be included in the scope of the company's consolidated statement.

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