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China Southern Airlines Company Limited, headquartered in Baiyun District, Guangzhou, Guangdong Province, is the largest airline in China. The company operates a vast network of domestic and international flights, connecting major cities and various global destinations. With a fleet comprising modern and advanced aircraft, China Southern Airlines ensures safety, efficiency, and comfort for its passengers.

Recently, China Southern Airlines announced its intention to deregister with the United States Securities and Exchange Commission (SEC) and terminate its reporting obligations under the U.S. Securities Exchange Act of 1934. The company has already delisted its American depositary shares (ADSs) from the New York Stock Exchange and plans to file a Form 15F to complete the deregistration process.

The airline continues to meet its information disclosure obligations under the regulations of The Stock Exchange of Hong Kong Limited and the Shanghai Stock Exchange. For updated information, investors can visit the company's official website, https://www.csair.com.

China Southern Airlines is committed to providing exceptional service to its customers, supported by its dedicated workforce. The company's operations encompass not only passenger transport but also cargo and logistics services, making it a significant player in the global aviation industry.

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China Southern Airlines Company Limited has announced its intention to deregister with the United States Securities and Exchange Commission (SEC) and terminate its reporting obligations under the U.S. Securities Exchange Act of 1934. The company filed a Form 25 with the SEC to delist its American depositary shares (ADSs) from the New York Stock Exchange, with the delisting becoming effective on February 3, 2023. The company plans to file a Form 15F with the SEC on February 5, 2024, to deregister the ADSs and the underlying overseas listed shares (the 'H Shares') and terminate its reporting obligations under the Exchange Act. The deregistration and termination are expected to become effective 90 days after the filing of Form 15F. The company will continue to comply with its information disclosure and other obligations as a listed issuer under the relevant rules of The Stock Exchange of Hong Kong Limited and the Shanghai Stock Exchange as well as other applicable laws and regulations.
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China Southern Airlines has filed its 2022 Annual Report on Form 20-F, detailing audited financial statements for the fiscal year ending December 31, 2022. This report was submitted to the United States Securities and Exchange Commission and is publicly accessible via the SEC's website. Shareholders can also request a hard copy of the complete audited financial statements at no charge. The report can be accessed directly on the company's official site as well.

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On January 13, 2023, China Southern Airlines Company Limited (NYSE: ZNH) announced its intention to voluntarily delist its American depositary shares (ADSs) from the New York Stock Exchange (NYSE) and deregister its ADSs and underlying H Shares under the U.S. Securities Exchange Act. This decision is motivated by low trading volume of ADSs compared to H Shares, lack of follow-on financing on the NYSE, and high costs associated with maintaining the NYSE listing. The final trading day for ADSs is expected to be on or after February 2, 2023. The company will continue trading its H Shares on the Hong Kong Stock Exchange.

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China Southern Airlines (NYSE: ZNH) has filed its 2021 Annual Report on Form 20-F with the SEC, including audited financial statements for the year ending December 31, 2021. This report is accessible online via the SEC's website and the Company's website. Shareholders can request free hard copies of the complete audited financial statements. The filing emphasizes transparency and provides stakeholders with essential financial insights.

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On April 28, 2021, China Southern Airlines (NYSE: ZNH) filed its 2020 Annual Report on Form 20-F with the SEC, providing audited financial statements for the year ended December 31, 2020. The report is accessible through the SEC's website or the company's official site. Shareholders can request hard copies of the financial statements free of charge. This filing is crucial for stakeholders to review the company's financial health and performance amidst ongoing challenges in the aviation sector.

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FAQ

What is the market cap of ZNH (ZNH)?

The market cap of ZNH (ZNH) is approximately 17.4B.

What is China Southern Airlines?

China Southern Airlines is the largest airline in China, headquartered in Baiyun District, Guangzhou, Guangdong Province.

What recent announcement did China Southern Airlines make?

The company announced its intention to deregister with the U.S. SEC and terminate its reporting obligations under the U.S. Securities Exchange Act.

Why is China Southern Airlines deregistering with the SEC?

The company has met the criteria for deregistration and intends to file a Form 15F to complete the process.

Where can investors find updated information about China Southern Airlines?

Investors can visit the company's official website, https://www.csair.com, for updated information.

What type of services does China Southern Airlines provide?

The airline provides passenger transport, cargo, and logistics services.

When did China Southern Airlines delist its American depositary shares from the NYSE?

The ADSs were delisted from the NYSE on February 3, 2023.

What is the significance of filing Form 15F for China Southern Airlines?

Filing Form 15F will deregister the ADSs and the underlying overseas listed shares, terminating the company's reporting obligations under the Exchange Act.

Is China Southern Airlines still listed on other stock exchanges?

Yes, the company remains listed on The Stock Exchange of Hong Kong Limited and the Shanghai Stock Exchange.

How does China Southern Airlines ensure passenger safety and comfort?

The airline operates a modern fleet of advanced aircraft to ensure safety, efficiency, and comfort for passengers.

What impact does the SEC deregistration have on China Southern Airlines' operations?

The SEC deregistration is a regulatory step and does not affect the airline's operations or its commitment to service and transparency.

ZNH

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17.37B
Scheduled Passenger Air Transportation
Transportation and Warehousing
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China (Mainland)
Guangzhou