China Southern Airlines introduces three investment entities to implement employee stock ownership

category:Finance
 China Southern Airlines introduces three investment entities to implement employee stock ownership


At 10 oclock this morning, China Southern Airlines Co., Ltd. signed a formal contract with three investors, employee stock holding platform and China Southern Airlines General airlines in Beijing Equity Exchange. After the completion of the mixed reform, the registered capital of China Southern Airlines General increased from RMB 1 billion to RMB 1.342.8 billion. China Southern Airlines Co., Ltd., state reform and Shuangbai fund, China Southern Power Industry Investment Group, China Southern Airlines Capital Holding Co., Ltd. and Zhuhai tonghangtong held 57.9%, 14.1%, 10%, 10% and 8% of the shares respectively. China Southern Airlines Co., Ltd. still maintained its controlling position.

China Southern Airlines General Aviation Co., Ltd. is one of the national backbone general aviation enterprises. In August 2018, China Southern Airlines was listed in the comprehensive reform enterprise list of the state owned assets supervision and Administration Commission of the State Council. In May 2019, China Southern Airlines general aviation was listed as the fourth batch of mixed ownership reform in key areas pilot enterprises of the national development and Reform Commission.

Wu Tingting, reporter of Beijing News