Spring Airlines (9C, Shanghai Hongqiao) plans to issue up to CNY10 billion yuan (USD1.5 billion) in corporate bonds with maturities of up to five years, subject to shareholder approval and registration with the China Securities Regulatory Commission. The funds would be used for working capital, debt repayment, fixed-asset purchases, or other permitted purposes.
Separately, the carrier approved a 2026 interim dividend of CNY0.33 (USD0.04) per share, totalling about CNY314 million (USD46.7 million), equivalent to 30.1% of its first-quarter attributable net profit. The dividend requires no further shareholder approval and is due within two months of the August 27 board approval.
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