According to Zhitong Finance App, China Eastern Airlines Co., Ltd. (00670.HK) issued an announcement. On November 19, 2025, the 12th meeting of the company's board of directors deliberated and passed the “Proposal on Selling Land and Real Estate at the Shanghai Airlines Hongqiao Base on Suining Road”. The board of directors agreed that Shanghai Airlines would transfer the Shanghai Airlines Hongqiao base to China Cargo Airlines. The transfer price was determined based on the evaluation value filed by the relevant competent authorities. On January 5, 2026, Shanghai Airlines, a wholly-owned subsidiary of the company, signed a real estate sales contract with China Cargo Airlines. Shanghai Airlines transferred its Hongqiao base to China Cargo. The transaction price was approximately RMB 138 million.

According to Zhitong Finance App, China Eastern Airlines Co., Ltd. (00670.HK) issued an announcement. On November 19, 2025, the 12th meeting of the company's board of directors deliberated and passed the “Proposal on Selling Land and Real Estate at the Shanghai Airlines Hongqiao Base on Suining Road”. The board of directors agreed that Shanghai Airlines would transfer the Shanghai Airlines Hongqiao base to China Cargo Airlines. The transfer price was determined based on the evaluation value filed by the relevant competent authorities. On January 5, 2026, Shanghai Airlines, a wholly-owned subsidiary of the company, signed a real estate sales contract with China Cargo Airlines. Shanghai Airlines transferred its Hongqiao base to China Cargo. The transaction price was approximately RMB 138 million.