Air China Ld ANNOUNCEMENT ON THE MIXED-OWNERSHIP REFORM (0628D)

TIDMAIRC

RNS Number : 0628D

Air China Ld

24 April 2017

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

AIR CHINA LIMITED

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 00753)

ANNOUNCEMENT ON THE

MIXED-OWNERSHIP REFORM IN AIR FREIGHT LOGISTICS BY THE CONTROLLING SHAREHOLDER CNAHC

This announcement is made pursuant to Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The board of directors (the "Board") of Air China Limited (the "Company") hereby announces that the Company was recently informed by its controlling shareholder, China National Aviation Holding Company ("CNAHC") that the National Development and Reform Commission had approved CNAHC to carry out the mixed-ownership reform in air freight logistics.

CNAHC will start to push forward the mixed-ownership reform in air freight logistics. The Company and some of its subordinated companies are engaged in the operation of air freight logistics business, thus implementation of the mixed-ownership reform may involve the Company and the aforesaid subordinated companies.

As at the date of this announcement, it is learned that CNAHC has not formulated any enforceable and specific implementation plan for the mixed-ownership reform and has not reached any form of agreement or arrangement with any person. The Company does not obtain any information that should be disclosed but has not been disclosed. The Company will actively take part in the mixed- ownership reform and perform the relevant procedures and disclose in a timely manner in accordance with relevant regulations.

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/0628D_-2017-4-24.pdf

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board

Air China Limited

     Rao Xinyu      Tam  Shuit Mui 

Joint Company Secretaries

Beijing, the PRC, 21 April 2017

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Cao Jianxiong, Mr. Feng Gang, Mr. John Robert Slosar, Mr. Ian Sai Cheung Shiu, Mr. Pan Xiaojiang*, Mr. Simon To Chi Keung*, Mr. Stanley Hui Hon-chung* and Mr. Li Dajin*.

   *     Independent  non-executive  director  of  the Company 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 24, 2017 04:15 ET (08:15 GMT)