China Air Transport and Airport Industry Report, Feb. 2014

Similar documents
China Air Transport and Airport Industry Report, Nov. 2012

China Budget Hotel Industry Report, Aug. 2012

China Tourism Industry Report, Aug. 2011

Global and China Aeroengine Industry Report, May 2011

China Budget Hotel Market Report,

China Budget Hotel Report,

Industry Report,

China Budget Hotel Report,

Air China Limited Announces 2009 Annual Results

Air China Limited Interim Results. August Under IFRS

Air China Limited Announces 2010 Interim Results

Air China Limited Annual Results. March Under IFRS

China Budget Hotel Industry Survey Report, 2010

Air China Limited Announces 2010 Annual Results

Air China Limited 2015 First Quarter Results

Airlines Service Evaluation Report. Fourth quarter 2018

International update Phillipa Harrison Executive General Manager International

CHINA HOTEL MARKET OUTLOOK

Airports Service Evaluation Report. Third Quarter 2018

Cathay Pacific Airways 2011 Analyst Briefing 23 June 2011

Airports Service Evaluation Report. Second Quarter 2018

Cathay Pacific Airways Limited (293) - Financial and Strategic SWOT Analysis Review

International update Trent Banfield International Operations & Aviation Development Manager

Opportunity and Function of Airport in Lowcost Aviation Development

2015 Annual Results. Under IFRS

Cathay Pacific Airways 2012 Analyst Briefing 28 June 2012

Air China Limited 2014 Annual Results Under IFRS

International update. Robin Mack - Head of Distribution Development & Partnerships

Airline On-time Arrival Performance (May 2018, by VariFlight) SQ Tops Asia-Pacific Medium-Sized Airlines for Five Consecutive Months

Introduction 5. Traffic development 7

The Accounting Case Competition for Secondary Schools and Tertiary Institutes. Tertiary Institutes Group

ANNOUNCEMENT ON KEY OPERATING DATA OF OCTOBER 2017

LOCATED AT THE GATEWAY OF THE TROPICAL PROVINCE, RIDING ON THE GROWTH MOMENTUM OF THE COUNTRY, WE ARE ON THE RIGHT TRACK OF TAKING OFF.

Part 1 Performance Highlights. Part 2 Business Overview. Part 3 Financial Review

Airline On-time Arrival Performance (Dec. 2017)

Empresas Publicas de Medellin SA Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report

ICAO Forecasts for Effective Planning and Implementation. Sijia Chen Economic Development Air Transport Bureau, ICAO

Steve Hahn. Current Market Outlook. Director, Japan Enterprise Technology Programs. Boeing Commercial Airplanes July 2014.

Beijing North China Overview

Thank you for participating in the financial results for fiscal 2014.

China Airport Sector Update May 2014

Airline On-time Arrival Performance (Jan. 2018)

April 17th-18th 2014 Shanghai China. China s Most Comprehensive Airport Development Conference. Save up to 500 USD for Early Bird!

ANNOUNCEMENT ON KEY OPERATING DATA OF MARCH 2018

Hong Kong: Helping Manage Opportunities and Challenges in China. Christopher Jackson Assistant Executive Director 3 March 2009

Global Civil Helicopter MRO Market Research Report Forecast

Airline On-time Arrival Performance (Nov 2018, by VariFlight) SC Retains top spot among China s Major Airlines in APAC OTP Chart for

Cathay Pacific Airways Annual Results 10 March Cathay Pacific Airways Interim Results 6 August 2008

Airline On-time Arrival Performance (Sept. 2017)

Indra In China. Beijing April 2013

ANNOUNCEMENT ON KEY OPERATING DATA

NEWS RELEASE ON FINANCIAL RESULTS FOR THE THREE MONTHS ENDED 31 DECEMBER 2003 CONTINUED RECOVERY IN THIRD FINANCIAL QUARTER

Taj GVK Hotels and Resorts Limited - Strategy, SWOT and Corporate Finance Report

Airline On-time Arrival Performance (Nov. 2017)

AIRCRAFT LEASING UNDER THE BRI TOMAS SIDLAUSKAS, CEO, AVIAAM FINANCIAL LEASING CHINA

Fast Facts. Mainland China 2017

Gregg Gildemann Market Analysis

Happy Jetting. A Conversation With Dave Barger, President And Chief Executive Officer, JetBlue Airways, Page 14.

Asia Pacific Aviation

China Fact Sheet Targets (Rev. Aug 2013)

FIRST QUARTER OPERATING PROFIT IMPROVES TO $274 MILLION

MARKET AND INFRASTRUCTURE ANALYSIS OF FUTURE AIR CARGO DEMAND IN CHINA

Finnair Q Result

Mr. Adel Al-Banwan Deputy CEO

HONG KONG: IMAGINE. HAWAI I. YOUR DISCOVERIES

I AO Chi h e i f E c E on o o n m o i m c i A na n ly l s y is i & P o P l o ilc i y y Se S ctio i n

Deregulatory Reform of China s Airports:

China Airports Evolution Analysis

Royal Caribbean Cruises Ltd. (RCL) - Financial and Strategic SWOT Analysis Review

PILOTMOVERS IS DELIGHTED TO BE RECRUITING A320 CAPTAINS FOR LOONG AIR.

Cathay Pacific Airways 2010 Annual Results 9 March 2011

El Al Israel Airlines announced today its financial results for the second quarter and the first half of 2017.

ANA Reports Record Profits for FY2012

Cathay Pacific Airways Analyst Briefing 27 November 2012

Hawai i Tourism China 2018 Market Updates

Commercial aviation. Market outlook, key trends driving growth and implications for airports. Dave Gamrath BCA Marketing.

COSCO CORPORATION. (SINGAPORE) LTD FY2003 Full Year Results. Presentation

PILOTMOVERS IS DELIGHTED TO BE RECRUITING FOR A320 CAPTAINS ON BEHALF OF YUNEYAO

IATA ECONOMICS BRIEFING AIRLINE BUSINESS CONFIDENCE INDEX OCTOBER 2010 SURVEY

Cathay Pacific Airways 2013 Analyst Briefing 25 June Cathay Pacific Airways Analyst Briefing 27 November 2013

Part 1 Performance Highlights. Part 2 Business Overview

Asia Pacific Aviation

BHP Billiton Limited - Strategy, SWOT and Corporate Finance Report

BHP Billiton Limited (BHP) - Financial and Strategic SWOT Analysis Review

3M 2013 Edition. Share Information : GIAA.IJ / GIAA.JK. Daily Share Price Movements

AVIATION INDUSTRY REPORT, Q3/2018

Cathay Pacific Airways Interim Results for the six months ended 30 June 2012

Parachute Market by Application (Military, Cargo, Sports, Rescue, Recovery, Break Chutes), by Type (Round, Ram-air, Square, Ring & Ribbon), by

IATA ECONOMIC BRIEFING FEBRUARY 2007

Randy Tinseth Vice President, Marketing Boeing Commercial Airplanes July 2010

ANNOUNCEMENT ON KEY OPERATING DATA OF MARCH 2016

executive summary The global commercial aircraft fleet in service is expected to increase by 80% to 45,600 aircraft in 2033 including 37,900

PILOTMOVERS IS DELIGHTED TO BE RECRUITING B 737 CAPTAINS FOR XIAMEN AIRLINES

aviation and airports

Millennium and Copthorne Hotels plc - Strategy, SWOT and Corporate Finance Report

Navigating through Turbulence. Andrew Herdman AAPA Director General IFSA ITCA WAEA Asia Pacific Conference Kuala Lumpur Malaysia, 29 April 2009

Federal Budget Submission. Prepared for the House of Commons Standing Committee on Finance. Greater Toronto Airports Authority

FY key data Passenger. Cargo. Maintenance. Other. Operating result in m. Revenues in bn -10.4% 78% 11%

Ref. PE004/ May Subject: Management Discussion and Analysis for the First Quarter of 2018

Icelandair Group Financial Results for the first half and Q2 2007

Transcription:

China Air Transport and Airport Industry Report, 2013-2016 Feb. 2014

STUDY GOAL AND OBJECTIVES This report provides the industry executives with strategically significant competitor information, analysis, insight and projection on the competitive pattern and key companies in the industry, crucial to the development and implementation of effective business, marketing and R&D programs. REPORT OBJECTIVES To establish a comprehensive, factual, annually updated and costeffective information base on market size, competition patterns, market segments, goals and strategies of the leading players in the market, reviews and forecasts. To assist potential market entrants in evaluating prospective acquisition and joint venture candidates. To complement the organizations internal competitor information gathering efforts with strategic analysis, data interpretation and insight. To suggest for concerned investors in line with the current development of this industry as well as the development tendency. To help company to succeed in a competitive market, and METHODOLOGY Both primary and secondary research methodologies were used in preparing this study. Initially, a comprehensive and exhaustive search of the literature on this industry was conducted. These sources included related books and journals, trade literature, marketing literature, other product/promotional literature, annual reports, security analyst reports, and other publications. Subsequently, telephone interviews or email correspondence was conducted with marketing executives etc. Other sources included related magazines, academics, and consulting companies. INFORMATION SOURCES The primary information sources include Company Reports, and National Bureau of Statistics of China etc. Copyright 2012 ResearchInChina understand the size and growth rate of any opportunity.

Abstract In January-November 2013, China s civil aviation industry completed total traffic turnover of 61.6 billion ton kilometers, up 10.3% YoY; passenger transport volume of 326 million people, up 11.0% YoY; cargo and mail traffic of 5.067 million tons, up 2.4% YoY. Compared to the falling tendency in 2011 and 2012, growth rate recovered slightly in 2013. Under the comprehensive action of sluggish macro-economy superimposed by structural impact brought by high-speed rail, the overall effectiveness of Chinese aviation industry continues to decline. For the first quarters of 2013, net income of China s three major stateowned airlines witnessed year-on-year decrease: Air China fell by 3.69% YoY to RMB4.061 billion; China Eastern Airlines RMB3.621 billion, a slight decline of 0.23%; China Southern Airlines RMB2.46 billion, down 7.69% YoY. But Hainan Airlines embraced double-digit growth in net income, which rose 28.44% YoY to RMB2.184 billion. In order to improve their performance, Chinese airlines since 2013 have been looking for breakthroughs mainly through two ways: to accelerate the open-up of international and regional airlines and to tap into low-cost aviation field. Among them, China Eastern Airlines, Hainan Airlines, Spring Airlines, Juneyao Airlines, etc. have made layout in the lowcost airline business, and many foreign low-cost airlines are also planning to seize the Chinese market. So far, there is only Spring Airlines that has opened the lowcost airline operating model in China. Founded in 2004, Spring Airlines has boasted 40 Airbus A320-200 aircrafts as of January 2014; volume of passenger traffic reached 8.847 million persons-times in January-October 2013, a year-onyear increase of 14.69%. Copyright 2012ResearchInChina

Copyright 2012ResearchInChina

Preface 1. Development Environment for China Air Transport Industry 1.1 Economic Environment 1.2 Policy Environment 1.3 Social Environment 2. Operation and Development Status of China Air Transport Industry 2.1 Operation Indicators 2.1.1 Capacity 2.1.2 Traffic Turnover 2.1.3 Traffic Volume 2.1.4 Traffic Efficiency 2.2 Low-Cost Aviation Market 2.2.1 Development Process 2.2.2 Development Status 2.2.3 Development Opportunities 2.3 Air Cargo Industry Transition 2.3.1 Airlines Step into Express Industry 2.3.2 Express Enterprises Prepare to Build Airlines 2.3.3 Direction of Air Cargo Enterprise Transition 3. Operation of China Airport Transportation Industry 3.1 Number of Navigable Cities and Airports 3.2 Passenger Throughput 3.3 Cargo & Mail Throughput 3.4 Aircraft Movements 4. Economic Benefits of China Air Transport and Airport Industry 4.1 Overall 4.2 Industry Segments 5. Operation of Major Chinese Airlines 5.1 Competition Pattern 5.1.1 Performance 5.1.2 Capacity 5.1.3 Traffic Volume 5.1.4 Passenger Load Factor 5.2 China Southern Airlines 5.3 China Eastern Airlines 5.4 Air China 5.5 Hainan Airlines 5.6 Cathay Pacific Airways 5.7 Shandong Airlines 5.8 Shenzhen Airlines 5.9 Xiamen Airlines 5.10 Sichuan Airlines 5.11 China Express 5.12 China United Airlines 5.13 China Postal Airlines 5.14 China Cargo Airlines 5.15 Spring Airlines 5.16 Okay Airways 5.17 Juneyao Airlines Table of contents 6. Operation of Major Chinese Airports 6.1 Competition Pattern 6.2 Beijing Capital International Airport 6.3 Shanghai Airport 6.4 Baiyun Airport 6.5 Shenzhen Airport 6.6 Chengdu Shuangliu International Airport 6.7 Kunming Wujiaba International Airport 6.8 Xi an Xianyang International Airport 6.9 Chongqing Jiangbei International Airport 6.10 Hangzhou Xiaoshan International Airport 6.11 Xiamen Gaoqi International Airport 6.12 Changsha Huanghua International Airport 6.13 Nanjing Lukou International Airport 6.14 Wuhan Tianhe International Airport 6.15 Tianjin Binhai International Airport 6.16 Yancheng Nanyang Airport 7. Summary and Forecasts for China Air Transport and Airport Industry 7.1 Digital Civil Aviation 2013 7.2 Development Forecast 7.2.1 Trends 7.2.2 Data Forecast

Fluctuation of China Civil Aviation RPK around GDP Growth Rate, 1991-2013 Laws, Regulations, and Policies on China Air Transport Industry, 2011-2013 Key Measures on Air Transport Industry in China, 2013 Per Capita Number of Flights in China (by Air Routes), 1990-2010 Number of China Civil Aviation Aircrafts, 2004-2013 Number of Transport Aircrafts in China Civil Aviation Industry, 2006-2013 Number of China Civil Aviation Airlines, 2004-2012 Number of China Civil Aviation Airlines in China by Airline, 2004-2012 RTK and YOY Growth of China Civil Aviation, 2006-2013 RTK Structure of China Civil Aviation (by Air Routes), 2006-2013 China Civil Aviation Passenger Turnover and YoY Growth, 2007-2013 China Civil Aviation Cargo & Mail Turnover and YoY Growth, 2007-2013 China Civil Aviation Passenger Traffic and YoY Growth, 2007-2013 Passenger Traffic Breakdown in China Civil Aviation Industry (by Air Routes), 2010-2013 China Civil Aviation Cargo & Mail Traffic and YoY Growth, 2006-2013 Cargo & Mail Traffic Breakdown in China Civil Aviation Industry (by Air Routes), 2010-2013 Daily Utilization Rate of Aircrafts of China Civil Aviation Industry, 2009-2013 Passenger Load Factor and Load Factor of China Civil Aviation Industry, 2010-2013 Development Course of China Low-Cost Aviation Industry, 2003-2013 Market Shares of Low-Cost Aviation Industry (by Passenger Traffic) in China and USA, 1980-2012 Foreign Low-Cost Airlines Layout in China Development Difficulties of Low-Cost Airlines in China Business Revenue and Change of Express Delivery Companies above Designated Size in China, 2007-2013 Number of All Cargo Carriers in China (as of 2013) Number of Navigable Cities and Airports in China, 2007-2012 Selected Charts

Regional Distribution of Transport Airports in China, 2012 Passenger Throughput and YoY Growth of China Transport Airports, 2007-2013 Passenger Throughput of China Transport Airports (by Air Routes), 2010-2012 Distribution of Navigable Airports with Scheduled Flights in China, 2012 China Passenger Throughput Distribution (by Region), 2012 China Transport Airport Cargo & Mail Throughput and YoY Growth, 2007-2013 Cargo & Mail Throughput of China Transport Airports (by Air Routes), 2010-2012 China Cargo & Mail Throughput Distribution (by Region), 2012 Aircraft Movements and YoY Growth of Airports in China, 2007-2012 Revenue and Total Profits of China Civil Aviation Enterprises, 2009-2012 Structures of Revenue and Total Profits of China Civil Aviation, 2012 Revenue and Total Profits of Airlines in China Civil Aviation Industry, 2009-2012 Revenue and Total Profits of Airports in China Civil Aviation Industry, 2009-2012 Airlines Ranking (by Net Income) in China, Q1-Q3, 2013 Airlines Ranking (by Revenue) in China, Q1-Q3, 2013 Key Chinese Airlines Development in International and Regional Air Routes in 2013 Airlines Ranking (by Number of Aircrafts) in China, H1 2013 Key Chinese Airlines Three Capacity Indices, 2013 Key Chinese Airlines Three Traffic Indices, 2013 Key Chinese Airlines Passenger Load Factors, Jan.-Nov., 2013 Revenue and Net Income of China Southern Airlines, 2009-2013 Revenue Breakdown of China Southern Airlines, 2009-2013 Operating Expenses Breakdown of China Southern Airlines, 2012-2013 Total Number of Aircrafts of China Southern Airlines, 2009-2013 Three Capacity Indices of China Southern Airlines, 2008-2013 Selected Charts

Traffic Indices of China Southern Airlines, 2008-2012 Passenger Traffic Structure of China Southern Airlines, 2010-2013 Load Factor of China Southern Airlines, 2008-2013 Strategic Route of China Southern Airlines Revenue and Net Income of China Southern Airlines, 2014E-2016E Revenue and Net Income of China Eastern Airlines, 2009-2013 Total Number of Aircrafts of China Eastern Airlines, 2009-2013 Capacity Indices of China Eastern Airlines, 2008-2013 Traffic Indices of China Eastern Airlines, 2008-2013 Passenger Traffic Structure of China Eastern Airlines, 2010-2013 Load Factor of China Eastern Airlines, 2008-2013 Revenue and Net Income of China Eastern Airlines, 2014E-2016E Revenue and Net Income of Air China, 2009-2013 Operating Cost Structure of Air China, 2012 Total Number of Aircrafts of Air China, 2009-2013 Key Capacity Indices of Air China, 2008-2013 Traffic Indices of Air China, 2008-2013 Passenger Traffic Structure of Air China, 2009-2013 Load Factor of Air China, 2008-2013 Revenue and Net Income of Air China, 2014E-2016E Revenue and Net Income of Hainan Airlines, 2009-2013 Total Number of Aircrafts of Hainan Airlines, 2009-2013 Capacity Indices of Hainan Airlines, 2009-2013 Capacity Indices of Hainan Airlines, 2013 Key Traffic Indices of Hainan Airlines, 2009-2013 Selected Charts

Load Factor of Hainan Airlines, 2008-2013 Load Factor of Hainan Airlines, Jan.-Nov., 2013 Progress of Hainan Airlines in Western Market, 2013 Revenue and Net Income of Hainan Airlines, 2014E-2016E Flight Lines of Cathay Pacific Airways Revenue and Net Income of Cathay Pacific Airways, 2009-2013 Operating Expenses of Cathay Pacific Airways, 2012-2013 Total Number of Aircrafts of Cathay Pacific Airways, 2009-2013 Capacity Indices of Cathay Pacific Airways, 2007-2013 Traffic Indices of Cathay Pacific Airways, 2007-2013 RPK Structure of Cathay Pacific Airways (by Regions), Jan.-Nov., 2013 Load Factor of Cathay Pacific Airways, 2007-2013 Revenue and Net Income of Cathay Pacific Airways, 2014E-2016E Revenue and Net Income of Shandong Airlines, 2009-2013 Fleet Type of Shandong Airlines, H1 2013 Key Traffic Indices of Shandong Airlines, 2010-2013 Revenue and Net Income of Shandong Airlines, 2014E-2016E Revenue and Net Income of Shenzhen Airlines, 2011-2013 Capacity Indices of Shenzhen Airlines, 2010-2013 Traffic Indices of Shenzhen Airlines, 2010-2013 Load Factor of Shenzhen Airlines, 2010-2013 Operating Revenue and Profits of Xiamen Airlines, 2002-2013 Total Number of Aircrafts of Xiamen Airlines, 2011-2013 Key Traffic Indices of Xiamen Airlines, 2009-2013 Load Factor of Xiamen Airlines, 2011-2013 Selected Charts

Selected Charts Financials of Sichuan Airlines, 2009-2013 Passenger Traffic of Sichuan Airlines, 2006-2013 Passenger Traffic of China Express, 2007-2013 Introduction of China United Airlines Passenger Traffic of China United Airlines, 2006-2013 Introduction of Spring Airlines Passenger Traffic of Spring Airlines, 2006-2013 Passenger Traffic of Okay Airways, 2006-2013 Passenger Traffic of Juneyao Airlines, 2007-2013 Three Production Indicators of Major Chinese Airports, Jan.-Nov., 2013 Revenue and Net Income of Beijing Capital International Airport, 2008-2013 Revenue Breakdown of Beijing Capital International Airport, 2009-2013 Operating Costs of Beijing Capital International Airport, 2012-2013 Passenger Throughput of Beijing Capital International Airport, 2007-2013 Passenger Throughput Structure of Beijing Capital International Airport, H1 2013 Cargo & Mail Throughput of Beijing Capital International Airport, 2007-2013 Cargo & Mail Throughput Structure of Beijing Capital International Airport, H1 2013 Aircraft Movements of Beijing Capital International Airport, 2007-2013 Revenue and Net Income of Beijing Capital International Airport, 2014-2016 Revenue and Net Income of Shanghai Airport, 2009-2013 Operating Cost Structure of Shanghai Airport, H1 2013 Three Production Indicators of Shanghai Airport, 2009-2013 Three Production Indicators of Shanghai Hongqiao Airport, 2009-2013 Revenue and Net Income of Shanghai Airport, 2014E-2016E Revenue and Net Income of Baiyun Airport, 2008-2013

Operating Costs Structure of Baiyun Airport, H1 2013 Passenger Throughput of Baiyun Airport, 2008-2013 Cargo & Mail Throughput of Baiyun Airport, 2008-2013 Aircraft Movements of Baiyun Airport, 2008-2013 Revenue and Net Income of Baiyun Airport, 2014E-2016E Revenue and Net Income of Shenzhen Airport, 2009-2013 Passenger Throughput of Shenzhen Airport, 2007-2013 Cargo & Mail Throughput of Shenzhen Airport, 2007-2013 Aircraft Movements of Shenzhen Airport, 2007-2013 Revenue and Net Income of Shenzhen Airport, 2014E-2016E Three Major Production Indicators of Chengdu Shuangliu International Airport, 2007-2013 Three Major Production Indicators of Kunming Wujiaba International Airport, 2007-2013 Three Major Production Indicators of Xi an Xianyang International Airport, 2007-2013 Three Major Production Indicators of Chongqing Jiangbei International Airport, 2007-2013 Three Major Production Indicators of Hangzhou Xiaoshan International Airport, 2007-2013 Three Major Production Indicators of Xiamen Gaoqi International Airport, 2007-2013 Three Major Production Indicators of Changsha Huanghua International Airport, 2007-2013 Three Major Production Indicators of Nanjing Lukou International Airport, 2007-2013 Three Major Production Indicators of Wuhan Tianhe International Airport, 2007-2013 Passenger Throughput of Tianjin Binhai International Airport, 1980-2013 Cargo & Mail Throughput of Tianjin Binhai International Airport, 1980-2013 Aircraft Movements of Tianjin Binhai International Airport, 2007-2013 Overview of Yancheng Nanyang Airport Passenger Throughput of Yancheng Nanyang Airport, 2000-2013 Cargo & Mail Throughput of Yancheng Nanyang Airport, 2000-2013 Selected Charts

Selected Charts Aircraft Movements of Yancheng Nanyang Airport, 2007-2012 Airlines Ranking (by Net Income) in China, Q1-Q3, 2013 Airports (>10 million Passenger Traffic) Distribution in China, 2013 Revenue and Total Profits of Enterprises in Chinese Civil Aviation Industry, 2013E-2016E Introduction of Major Chinese Low-Cost Airlines RTK of China Civil Aviation, 2013E-201E China Civil Aviation Passenger Traffic, 2013E-2016E China Civil Aviation Cargo & Mail Traffic, 2006-2013

How to Buy You can place your order in the following alternative ways: 1.Order online at www.researchinchina.com 2.Fax order sheet to us at fax number:+86 10 82601570 3. Email your order to: report@researchinchina.com 4. Phone us at +86 10 82600828/ 82601561 Choose type of format PDF (Single user license)..2,200 USD Hard copy.. 2,300 USD PDF (Enterprisewide license)... 3,400 USD Party A: Name: Address: Contact Person: E-mail: Tel Fax Party B: Name: Beijing Waterwood Technologies Co., Ltd (ResearchInChina) Address: Room 502, Block 3, Tower C, Changyuan Tiandi Building, No. 18, Suzhou Street, Haidian District, Beijing, China 100080 Contact Person: Liao Yan Phone: 86-10-82600828 E-mail: report@researchinchina.com Fax: 86-10-82601570 Bank details: Beneficial Name: Beijing Waterwood Technologies Co., Ltd Bank Name: Bank of Communications, Beijing Branch Bank Address: NO.1 jinxiyuan shijicheng,landianchang,haidian District,Beijing Bank Account No #: 110060668012015061217 Routing No # : 332906 Bank SWIFT Code: COMMCNSHBJG Reports will be dispatched immediately once full payment has been received. Payment may be made by wire transfer or credit card via PayPal. Title Format Cost Total

About ResearchInChina RICDB service ResearchInChina (www.researchinchina.com) is a leading independent provider of China business intelligence. Our research is designed to meet the diverse planning and information needs of businesses, institutions, and professional investors worldwide. Our services are used in a variety of ways, including strategic planning, product and sales forecasting, risk and sensitivity management, and as investment research. Our Major Activities Multi-users market reports Database-RICDB Custom Research Company Search RICDB (http://www.researchinchina.com/data/database.html ), is a visible financial data base presented by map and graph covering global and China macroeconomic data, industry data, and company data. It has included nearly 500,000 indices (based on time series), and is continuing to update and increase. The most significant feature of this base is that the vast majority of indices (about 400,000) can be displayed in map. After purchase of our report, you will be automatically granted to enjoy 2 weeks trial service of RICDB for free. After trial, you can decide to become our formal member or not. We will try our best to meet your demand. For more information, please find at www.researchinchina.com For any problems, please contact our service team at: