001391Air China CargoSZSE

Air China Cargo Co., Ltd.

国货航

001391

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryAir Transportation
ISINCNE100006QV4
ListedDecember 30, 2024
Websitewww.airchinacargo.com
IR Emailaccdongmi@airchinacargo.com
Phone(+86)010-61465888
AddressNo. 1 Building, 1-9 Floors, Tianzhu Road No. 29 Yard, Shunyi District

Company Profile

1.Brand Advantage Air China Cargo is the only flag-carrying cargo airline in China, specifically serving national strategies and undertaking multiple major national tasks. It is also the standard-setter of safety operation and service standards in airfreight industry. Air China Cargo awarded the highest-rated air cargo carrier in the civil aviation safety performance differentiated regulation assessment for three consecutive years, and secured dual first-place honors at the 2024 China Civil Aviation Cargo Vocational Skills Competition. 2.Shareholder Advantage Air China Cargo has a diversified and stable shareholder structure, fostering close strategic cooperation with its shareholders. This collaboration has enabled the company to establish stable and efficient governance, ensuring the long-term growth of its value. 3.Aviation Capacity Advantage As of the end of 2024, Air China Cargo owns 22 total freighter (including 4 retired aircraft pending transfer), with its flagship Boeing 777s and Boeing 747s fleet dominating transcontinental routes to key European and North American markets, while the Airbus 330 fleet strategically supplements medium-long-haul networks. 4.Network Advantage Air China Cargo boasts abundant routes and traffic rights resources. In 2024, Air China Cargo operated 26 total freighter routes. Additionally, the company holds exclusive operating rights for the bellyhold capacity of Air China and its subsidiary airlines. The route network covers major domestic cargo origins and key international developed regions. 5. Ground Infrastructure Advantage Air China Cargo owns its own 6 air cargo terminals at key domestic hub airports, while its subsidiary China Air Express Co., Ltd. provides nationwide logistics coverage reaching all major and medium-sized cities.. On the global stage, Air China Cargo has established a comprehensive ground handling network via partnerships, and operates over 1,500 worldwide trucking routes. These resources effectively complement its total freighter and passenger aircraft cargo networks, ensuring rapid global delivery of goods. 6.Market Response and Operational Support Advantage Air China Cargo possesses extensive experience in air logistics operations and has established long-term and solid relationships with leading global manufacturers, major e-commerce platforms and suppliers. The company can quickly respond to market demands, providing stable capacity supply and high-quality operational support services. 7.Innovation Development Advantage Air China Cargo has established three innovation laboratories focusing on information technology, intelligent aircraft maintenance monitoring, and smart security management. In 2024, the information technology innovation laboratory successfully concluded three key projects: the “Sales Bidding System Development”, “Logistics Data Governance Framework Study”, and “IATA One Record Data Exchange Verification”, driving business growth through technological advancements.

Full description

Air China Cargo Co., Ltd., abbreviated as "Air China Cargo," is headquartered in Beijing, with Shanghai as its primary long-haul freighter operating base. It is the sole flag carrier specialized in air cargo transportation in China. Air China Cargo builds upon the extensive air transportation expertise of the China National Aviation Holding Corporation Limited to provide professional and reliable air cargo solutions. Over time, it has developed into one of the leading air logistics service providers in China. Anchored in high-quality air transportation services, supported by air cargo terminal operations, and interconnected through advanced information technology, Air China Cargo is dedicated to the cross-border market, offering a full-spectrum logistics service system that connects manufacturers to end customers. The core business of Air China Cargo is structured into three main segments: air cargo services, air cargo terminal services and integrated logistics solutions. 1.Air Cargo Services The air cargo services are provided to downstream customers on a "Airport-to-Airport" basis. Leveraging its unique geographical advantages, Air China Cargo has established a robust air cargo network with Shanghai Pudong International Airport as its main freighter operating base and Beijing Capital International Airport as its main operating base for bellyhold cargo transportation. Air China Cargo owns significant international air cargo capacity, relying on its dedicated freighter fleet and the bellyhold capacity of Air China's passenger aircraft. Its extensive route network spans major global destinations including, among others, Frankfurt, Amsterdam, Liege, New York, Chicago, Los Angeles, Tokyo, Osaka, Bangkok, Taipei, and Hong Kong. 2.Air Cargo Terminal Services Air China Cargo's air cargo terminal services leverage resources including airport cargo warehouses and apron capabilities, providing market-oriented and professional services that support the air-to-ground connectivity for its air cargo and integrated logistics solutions at the airport. In addition, Air China Cargo actively expands its business in traditional air ground handling services. Air China Cargo operates six major cargo terminals across five key locations, including Beijing, Chengdu, Chongqing, Tianjin, and Hangzhou, providing comprehensive cargo ground handling services to international and domestic airlines, encompassing air cargo and mail storage, warehouse operations, ramp services, documentation processing and information exchange. 3.Integrated Logistics Solutions Air China Cargo's integrated logistics solutions extend beyond traditional air transportation services by connecting air and ground networks, thereby extending the service chain to encompass both manufacturers and last-mile delivery. This approach adds value beyond the core air cargo transportation, offering personalized air logistics services to meet the unique needs of customers. Air China Cargo provides integrated logistics solutions through its wholly-owned subsidiary, China Air Express Co., Ltd (“China Air Express”). China Air Express has established branches in 42 cities across China and, through a combination of self-operated and outsourced services, has developed a comprehensive domestic logistics network covering major cities nationwide. Additionally, it has also set up four production and operation hubs in Beijing, Guangzhou, Shanghai and Chengdu. With contract logistics and freight forwarding as its core business segments, China Air Express offers end-to-end international and domestic air logistics supply chain solutions integrating air and ground for enterprises engaging in global production and sales .

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