Cathay Pacific Group announced that Henghe Investment, a wholly-owned subsidiary of the company, plans to transfer 45% of Hongtai Logistics's shares through a public listing through the Jiangxi Property Exchange, with a reserve listing price of 173 million yuan. Using December 31, 2025 as the evaluation reference date, the total equity value of Hongtai Logistics shareholders was 364 million yuan, corresponding to 45% of the equity value of 164 million yuan. The transaction has been approved by the board of directors. There is no need for a shareholders' meeting to review it, but the listing procedure still needs to be completed. After the transaction is completed, Henghe Investment will no longer hold shares in Hongtai Logistics, and the company will no longer be included in the scope of the consolidated statement.

Cathay Pacific Group announced that Henghe Investment, a wholly-owned subsidiary of the company, plans to transfer 45% of Hongtai Logistics's shares through a public listing through the Jiangxi Property Exchange, with a reserve listing price of 173 million yuan. Using December 31, 2025 as the evaluation reference date, the total equity value of Hongtai Logistics shareholders was 364 million yuan, corresponding to 45% of the equity value of 164 million yuan. The transaction has been approved by the board of directors. There is no need for a shareholders' meeting to review it, but the listing procedure still needs to be completed. After the transaction is completed, Henghe Investment will no longer hold shares in Hongtai Logistics, and the company will no longer be included in the scope of the consolidated statement.