China Airlines: The company should receive a total of approximately 526 million yuan in government subsidies by 2025.

Hainan Airlines announced on January 14 that, according to the notice issued by the Ministry of Finance on the budget of the Civil Aviation Development Fund for 2025, the company is expected to receive a total government subsidy of approximately 526 million yuan, accounting for 196.25% of the company's net profit attributable to shareholders of the listed company in 2024. The government subsidy has not yet been received. The impact of this government subsidy on the total profit for 2025 is 0.22 million yuan.