中国民航信息网络中期报告2025

2 6 16 17 25 29 33 36 38 41 43 45 47 209 ETDICSCRS370.75.3%5.5%7.8%APPAngel Cue21364561.6IATACUSS240360239.6 TRP19ADA29ATOMS650 IATANDC(ONE ORDER)IPRASAP11628.43.7%356.120.0% GDSs13740029NDC3NDC T3T513DGUI1545(RFID)7021APP1822496.63% 418 99.99%5G/SD-WANTOSP 13402519 1,677.91,605.74.5%1,447.71,367.25.9% 0.49 3,894.54,041.8147.33.6% •59.4%56.0%2,265.02,313.42.1%ICSCRS APP5.3% •8.0%6.9%278.0312.512.4% •10.7%16.8%679.8418.438.5% •4.9%5.4%216.4189.512.4% •9.9%7.3%295.3385.030.4%IT •7.1%7.6%307.2275.710.2% 2,427.92,535.3107.44.2% •3.2%•17.6%•52.1%•0.2%•1.3% –176.5 25%15%15%15% 15%10%15%10% 1,367.21,447.780.4 1,314.8 1,396.1924.6471.5521.2 6,621.295.3%3.2%0.2% 1,821.61,794.31,490.41,449.1 (1) 1,1001,1001,1001,1001,0006006,0000.45%–2.30%92186 (2) 5009060206701.75%–3.10%3651,0975001,0001.66%28 (3) a.b. d.13.26% e. 1,043.83.3% f. 173.33 g. (4) 105G 852.2 26.3%22.9% [2023]11 —20.2 133.8141.51,518.7 20243.0 6,740968.239.9%47.340.9 89.7 2,926,209,5891.00 571336 (1)(www.hkexnews.hk)H(www.hkexnews.hk) (2)(L) —(S)—(P)—(3)2,926,209,5891,993,647,589H932,562,000(4)(5)(6)145,500,000(S)4.97%(7)(8)(9) (10)BlackRock, Inc.BlackRock, Inc.50,685,395H(L)5,354,000H(S)BlackRock, Inc.BlackRock Finance, Inc., TridentMerger, LLC, BlackRock Investment Management, LLC, BlackRock Holdco 2, Inc., BlackRock Financial Management,Inc.,BlackRock Holdco 4,LLC,BlackRock Holdco 6,LLC,BlackRock Delaware Holdings Inc.,BlackRockInstitutionalTrust Company,National Association,BlackRock Fund Advisors,BlackRock Capital Holdings,Inc.,BlackRock Advisors, LLC, BlackRock International Holdings, Inc., BR Jersey International Holdings L.P., BlackRockLux Finco S.à r.l., BlackRock Japan Holdings GK, BlackRock Japan Co., Ltd., BlackRock Holdco 3, LLC, BlackRockCanadaHoldings ULC,BlackRock Asset Management Canada Limited,BlackRock Australia Holdco Pty.Ltd.,BlackRockInvestment Management(Australia)Limited,BlackRock(Singapore)Holdco Pte.Ltd.,BlackRock HKHoldco Limited, BlackRock Asset Management North Asia Limited, BlackRock Cayman 1 LP, BlackRock CaymanWest Bay Finco Limited, BlackRock Cayman West Bay IV Limited, BlackRock Group Limited, BlackRock FinanceEuropeLimited,BlackRock(Netherlands)B.V.,BlackRock Group Limited-Luxembourg Branch,BlackRockLuxembourg Holdco S.à r.l., BlackRock Investment Management Ireland Holdings Unlimited Company, BlackRockAssetManagement Ireland Limited,BLACKROCK(Luxembourg)S.A.,BlackRock Investment Management(UK)Limited,BlackRock Fund Managers Limited,BlackRock(Singapore)Limited,BlackRock UK Holdco Limited,BlackRock Asset Management Schweiz AG, EG Holdings Blocker, LLC, Amethyst Intermediate, LLC, Aperio Holdings,LLC, Aperio Group, LLCBlackRock, Inc. 336 XV352C3 XV C1 C.2.1 B.2.2 C.2.1B.2.2 C3 13.51B(1) 2025630 2025630 2025630 2025630 2025630 2025630 20251–6 20251–6 20251–6 20251–6 20251–6 20251–6 20251–6 20251–6 20251–6 20251–6 20251–6 20251–6 20251–6 20251–6 20001018577,303,5001577,303,500.00 200127H310,854,0001888,157,500.00 200765—888,157,500.00111888,157,500888,157,5001,776,315,0001,776,315,000.00 20087174,491,3931200931,776,315,0001,950,806,3931,950,806,393.00 2011628487,701,598.00487,701,598.00975,403,196.0020116282,926,209,589.00 2 0 2 563 02 , 9 2 6 , 2 0 9 , 5 8 92,926,209,589.00 9111000071092729XP7 2025821 — 202563020251–6 111231 12 1 2 (1) 2 (1) (2) 2 (2) . . . . 2 (3) (4) 1 2 1 — — — 1 — 2 (1) 2 (2) (3) (4) 2 (5) (6) 3 ——— 3 (1) (2) (1) (2) 4 5 6 14— 21— 30 6 12 6 1 2 3 4 (1) (2) 5 1 26 1 (1) (2) 2 (1)(2)(3) 1 2 (1) (2) 3 (1) 3 (2) 3 (2) (3) 3 (3) — 1 (1) (2) 2 3 1 2 (1) (2) (3) 2 3 3 4 1 (1) (2) 3 4 5 6 (1)(2)(3)(4)(5) 1 2 (1) 2 (2) 3 (1) (2)(3) • • 1 2 1 1 • • • 1 ••••• 2 ••• 1 2 1 2 3 (1) (2) • • •• 1 (1) •••• 1 (2) ••••• 1 (2) • • (3) 1235,000.00 1 (4) • • 2 2 (1) (2) • 2 (2) •• 3 (1) 1 3 (2) 2 1 1 2 (1)(2)(3) 1 2 3 1 2 1 2 2 115% 22011515% 32022132023620231220236(2.0)25%20%202712313003005,00025%20% 1 25%15%202315%2025 2 15%10%15%10% 202410% 0.45%–2.30%92–186 3 4 5 6 2 2 3 3 4 5 2,895,261,369.1245.50%202,911,640.34 2 236,052,986.8268.75% 1 2 (1) 2 2 2 (3) (4) 2 (5) (6) 996,637,416.9436.16%0.00 1 2 3 3.1%1,097 1,000,000,000.00281.655% 20256121,001.005,708.49 2 1 4 5 1 2 2 (1)(2) 3 3 20,000,000.002.60%1,09760,000,000.002.15%–2.40%1,09640,000,000.002.40%1,09620,000,000.001.75%1,097 1 1 2 1 3 1 2 471,200,000.002025582028582.60% [2020]215,000.0020,000.0020207 [2019]2051% 202561220240.239699,364,091.77 2 2 1 (1) 2 (1) (2) 3 (1) (2) 1 1 2 2 1 2 (1) 1 2 166,323,848.9556,220,690.44 2 4 1 2 1 1 2 12 2 3 (1) 20256301007,428,971.34202412310.00 (2) 3 (2) 20256301%5,144,999.04202412315,155,499.07 (3) 20256302%16,946,737.9217,745,062.402024123117,295,997.6618,132,78