Details of Jiuyuan Airlines Limited

Jiuyuan Aviation Co., Ltd. to be established is jointly funded by Shanghai Jixiang Airlines Co., Ltd., Yili Resources Group Co., Ltd., Xinhualian Holdings Co., Ltd. and natural person Ji Guangping. Jiuyuan Aviation Co., Ltd. has registered and settled in Baiyun Airport Economic Zone.

Company name: Jiuyuan Aviation Co., Ltd. Business scope: domestic air passenger and cargo transportation business enterprise type: limited liability company base airport: Guangzhou Baiyun International Airport model: A320 aircraft registered capital: RMB 600 million, which has been registered. The registered capital of the company to be established is RMB 600 million, and the mode of investment is: Shanghai Jixiang Airlines Co., Ltd. contributes RMB 4140,000 in cash and in kind, accounting for 69% of the registered capital; Yili Resources Group Co., Ltd. contributed 90 million yuan in cash, accounting for 65,438+05% of the registered capital; Xinhualian Holdings Limited contributed 60 million yuan in cash, accounting for 65,438+00% of the registered capital; Natural person Ji Guangping contributed RMB 36 million in cash, accounting for 6% of the registered capital. On March 28th, 2004, the third domestic low-cost airline, Jiuyuan Airlines Co., Ltd., signed a contract with Baiyun District of Guangzhou and registered in the Airport Economic Zone. This means that Guangzhou has a second base airline besides China Southern Airlines. Ji Guangping, the person in charge of the preparation of Jiuyuan Airlines and the party secretary of Jixiang Airlines, revealed that Jiuyuan Airlines is striving for its maiden voyage this year and plans to introduce three aircraft into operation ahead of schedule. "Air rights and routes need an approval process. It is initially planned to open some domestic city routes, and may open routes to South Asia, Southeast Asia and Northeast Asia in the future. There have been some intentions in terms of models, but they have not yet been finalized. "