[PR Newswire] - GUANGZHOU, China, March 24, 2017 /PRNewswire/ -- China Southern Airlines Company Limited ("ZNH" or the "Company") (ZNH) has noted from recent media coverage (the "News") which reported that, inter alia, the Company is in discussion with a third party on the strategic cooperation. As at the date of this press release, the Company is in the negotiation of a possible major strategic cooperation ("Possible Transaction") with a third party. The Company wishes to emphasize that the Possible Transaction is subject to internal approvals by the board of directors and shareholders (if applicable) of each party, the approvals by the relevant governmental authorities (if applicable), and the entering into of certain final legally binding documents by the relevant parties thereto and the terms thereof.
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