On 26 April 2023, the company (as the seller), entered into the Aircraft Sale and purchase Agreement with Air China Cargo, pursuant to which the company shall transfer to Air China cargo eight A330-200 aircraft which were introduced by the Company during the period from 2006 to 2008. The base price of the aircraft to be transferred shall be USD 14.70 million per aircraft (the "Base Price"), corresponding to a life benchmark of 50% of the life of the aircraft, subject to the price adjustment mechanism for the difference between the actual delivery condition and the half-life condition of the aircraft. The actual consideration of the aircraft shall be determined based on the Base Price and adjusted according to the actual delivery condition of the aircraft.