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[PART I 3 Item 1. Identity of Directors, Senior Management and Advisers 3 Item 2. Offer Statistics and Expected Timetable 3 Item 3. Key Information 3 Item 4. Information on the Company 28 Item 4A. Unresolved Staff Comments 52 Item 5. Operating and Financial Review and Prospects 52 Item 6. Directors, ]

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ZNH [CHINA SOUTHERN AIRLINES CO] 20-F: 1 INTRODUCTORY NOTE 2 GLOSSARY OF AIRLINE INDUSTRY

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[THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in any doubt If you have sold or transferred PetroChina Company Limited PETROCHINA COMPANY LIMITED (a joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 857) PROPO]

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[TABLE OF CONTENTS INTRODUCTION 1] [Exclusive Business Cooperation Agreement This Exclusive Business Cooperation Agreement (this “Agreement”) is made and entered into by and between the following parties on October 4, 2018 in Beijing, the People’s Republic of China (“China” or the “PRC”). Party A: Ti]

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