China Securities Regulatory Commission has approved the registration application for Guohang Airlines to list on the Shenzhen Stock Exchange main board.
01/11/2024
GMT Eight
On November 1st, the China Securities Regulatory Commission issued the approval for China International Freight Airlines Limited to publicly issue stocks for the first time. It is reported that China International Freight Airlines plans to list on the main board of the Shenzhen Stock Exchange, with CITIC SEC Limited as the IPO sponsor, aiming to raise 3.5 billion yuan.
The prospectus shows that China International Freight Airlines primarily provides professional and reliable solutions for air cargo transport demands, and has developed into one of the major air logistics service providers in China. Leveraging its global route network covering six continents, abundant international flight slot resources, layout of major domestic and international cargo hubs, ownership of domestic important hub airports' own air cargo terminals and global air cargo station support system, high-quality operation and emergency support capabilities, and customized air logistics service capabilities, China International Freight Airlines focuses on the Chinese cross-border market, serving the entire logistics chain from manufacturers to end customers with high-quality air transport services as its foundation, air cargo station services as its support, and information technology as its link.
Based on the specific content and forms of the services provided, the main businesses of China International Freight Airlines can be divided into three main categories: air cargo services, air cargo station services, and comprehensive logistics solutions. The company has been deeply involved in the industry for nearly 20 years, with no significant changes in its main business and main products. It has established a complete and mature procurement, production, operation, and sales system around the three major business categories to effectively support its stable development.