China Southern Airlines Company Limited announced that it will issue 803,571,428 A shares at a price of CNY 5.60 per share for proceeds of CNY 4500,000,000 and 855,028,969 H shares for proceeds of CNY 1,482,120,000 and aggregate gross proceeds of CNY 5,982,120,000 on October 29, 2021. The transaction. The transaction was approved by the board of directors of the company at its EGM and is subject to approval from the CSRC and other regulatory approvals. The securities will be subject to a hold period of 36 months from the date of issuance.