China Southern Unit Xiamen Airlines Plans Up to RMB 3.69 Billion in Subsidiary Guarantees for 2027

• China Southern Airlines’ board backed subsidiary Xiamen Airlines’ proposed guarantees for its subsidiaries for 2027, subject to shareholder approval.
• Hebei Airlines would receive guarantees of up to RMB 2.27 billion; its latest asset-liability ratio was 86.63%.
• Aircraft-leasing subsidiaries would receive guarantees capped at RMB 1.28 billion; Jiangxi Airlines’ limit would be RMB 135 million.
• The joint liability guarantees cover leasing obligations and remain effective until those obligations are fully discharged, including any lease extensions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Southern Airlines Company Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261030-12391333), on October 30, 2026, and is solely responsible for the information contained therein.