Cosco Shipping and Eastern Air Logistics have been enforcing stringent pandemic prevention measures

Air freight unit of China Eastern Airlines raises $375 million after mixed-ownership restructuring significantly improves profits

As part of sectors’ ‘mixed ownership reform,’ airline sells two-fifths stake to seven investors

China National Aviation sells 31% of cargo unit for $733 million as part of restructuring of state-controlled industry

Beijing had pushed to consolidate the three, but met resistance

Investment bank CICC to advise on application for listing under Beijing's mixed-ownership reform program

Eastern Air Logistics sells 55% of itself to four companies and core employees under mixed-ownership reform program with aim of building globally competitive air logistics provider