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How is the Company progressing with private placemen?

 

The private placement of Air China’s A-shares follows a predetermined work plan, and at the beginning of the year we submitted a Non-Public Issuance of Stocks by Listed Companies application to the China Securities Regulatory Commission. On February 5 we received a CSRC Administrative Application Acceptance Notice. At early March, the Company received a CSRC Administrative Project Review Feedback Notice, and reply at early May. The Company will adhere fully to CSRC regulations and conduct private placement according to the market situation.