Summary by Moomoo AI
CHINA INTERNATIONAL AIRLINES CO., LTD. (“CHINA AIRLINES”) ISSUED A NOTICE ON 28 MARCH 2024 DISCLOSING A SPECIAL REPORT ON THE STORAGE AND ACTUAL USE OF THE A EQUITY RAISING FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023. According to the announcement, China Airlines issued non-public A shares on January 3, 2023, raising approximately RMB 150 billion. Net fundraising was approximately RMB149.93 billion after deducting related expenses, and all of it has been used for regulatory purposes, mainly including the introduction of 22 aircraft projects and replenishment of liquidity. The interest income generated by the raising funds will be used to further supplement the company's liquidity. The company strictly adheres to the fundraising management system and does not change the circumstances of the fundraising project. The use of the funds raised by DQin Huayong Accounting Firm and the sponsor carried out audits and audits of the use of the funds raised to verify that the Company's disclosed use of the raising funds is truthful, accurate, complete, and complies with relevant legal and regulatory requirements.