The 100 million yuan small public offering bond project of China Aviation Capital Holdings has been accepted by the Shanghai Stock Exchange.

The Shanghai Stock Exchange's corporate bond project information platform shows that China Aviation Capital Holdings Co., Ltd.'s 10 billion yuan small public bond project has been updated to "accepted," with the update date being August 22, 2025. The prospectus submission draft shows that the proceeds from this bond issuance, not exceeding 10 billion yuan, are intended for supplementing the company's daily operational working capital needs for aviation freight services, aviation cargo station services, comprehensive logistics solutions, leasing business, etc., and will not be used for new stock placements, subscriptions, or trading activities related to stocks and their derivatives, convertible corporate bonds, and other non-operational expenses. At least 90 billion yuan of the bond proceeds are intended for equity investments. The company's controlling shareholder is China Aviation Group Co., Ltd., with the actual controlling entity being the State-owned Assets Supervision and Administration Commission of the State Council.