Intended to participate in Air China directional additional

On the morning of November 1, China Aviation Group Corporation and China Aviation Oil group signed a comprehensive cooperation agreement in Beijing China Air Fuel building.　　Kong Dong, general manager of Avic Group, said at the signing ceremony that with this cooperation, AVIC Oil group will become one of the shareholders of Air China (601111). Under the Comprehensive Cooperation Agreement, the two sides will further expand the scope of cooperation in market development and marketing, product development and innovation, customer service and so on.　　Kong Dong said the focus of this cooperation, in addition to marketing and safe production, will also include capital operations and asset integration. Air China this year March 12 issued a non-public release of A shares of the plan, to the controlling shareholder Avic Group, including not more than 10 specific objects, issued a total of not more than 585 million shares, the collection of funds not exceeding 5.6 billion yuan, of which AVIC Group subscription amount of not less than 1.5 billion yuan.　　October 12 Air China announcement, Non-public issue a A-share of the issue of the SFC issued by the Commission audit approved. Air China's private issue, in addition to Avic group, the remaining specific objects have not yet been announced. Kong Dong also did not disclose the Chinese aviation oil group participation in the specific amount of air China and the shareholding ratio.