Air China Cargo (CA, Beijing Capital) had CNY447.3 million yuan (USD65.6 million) remaining of unspent IPO proceeds as of December 31, 2025. The funds may be used on a rolling basis for up to 12 months before being returned to dedicated accounts.

The company raised CNY3.4 billion (USD503.8 million) net and has deployed most proceeds toward aircraft deliveries, spare engines, and digitalisation. It also cancelled a logistics capacity project, reallocating CNY282.7 million (USD41.4 million) to aircraft acquisitions.