HNA Building, Haikou, Hainan is headquarters of HNA Group
Company type
Private
Industry
Aviation, tourism, financial services, real estate, logistics
Founded
April 16, 1998; 26 years ago (1998-04-16)
Founders
Chen Feng, Wang Jian, Tan Xiangdong, and others
Defunct
December 8, 2021; 2 years ago (2021-12-08)
Fate
Bankrupted
List
The aviation division acquired by Liaoning Fangda Group Industrial.
The airport division acquired by Hainan Development Holdings Co., Ltd.
Successors
HNA Aviation (owned by Liaoning Fangda Group Industrial)
Hainan Airport Group (owned by Hainan Development Holdings Co., Ltd.)
Headquarters
HNA Building,
Haikou
,
China
Key people
Chen Feng (Chairman)
Tan Xiangdong (Adam Tan, Vice-chairman & CEO)
Zhang Ling (CEO)
Gu Gang (Party secretary of HNA Group)
Revenue
CN¥100.941 billion (2015)
Operating income
CN¥2.366 billion (2015)
Net income
CN¥806 million (2015)
Total assets
CN¥468.709 billion (2015)
Total equity
CN¥22.514 billion (2015)
Owner
Hainan Traffic Administration Holding (70%)
Jianyun Investments (30%)
Parent
Hainan Traffic Administration Holding (direct)
Hainan Province Cihang Foundation (ultimate)
Footnotes / references in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards[1]
HNA Group Co., Ltd.
Simplified Chinese
海航集团有限公司
Traditional Chinese
海航集團有限公司
Transcriptions
HNA Group
Simplified Chinese
海航集团
Traditional Chinese
海航集團
Transcriptions
HNA Group Co., Ltd., was a Chinese conglomerate headquartered in Haikou, Hainan, China. Founded in 2000, it was involved in numerous industries including aviation, real estate, financial services, tourism, logistics, and more.[2] It is the owner of Hainan Airlines and a part owner of Grand China Air.[3]
In July 2017, HNA Group ranked No. 170 in 2017 Fortune Global 500 list with a revenue of $53.335 billion.[4] It is one of the most active investment companies in the world, acquiring numerous assets under its name.[5][6] In 2021, the corporation declared bankruptcy after debt restructuring efforts failed.[7] On December 8, 2021, Liaoning Fangda Group Industrial acquired HNA's aviation division[8],later on December 24, Hainan Development Holdings Co., Ltd. acquired HNA's airport division,[9] and marked the closing of the final chapter in the now defunct HNA Group.
^2016年第二期海航集团有限公司可续期公司债券发行文件 [Pospectus of 2016 (batch 2) renewable bonds of HNA Group]. HNA Group (in Chinese). chinabond.com.cn. 15 August 2016. Archived from the original on 20 November 2016. Retrieved 19 November 2016.
^Company Overview of HNA Group Co., Ltd. Archived 2019-03-28 at the Wayback Machine. Bloomberg Business. Retrieved 11 February 2016.
^"Can a US$48 billion global shopping spree take this Chinese company into the Fortune 100?". South China Morning Post. Archived from the original on 2017-12-24. Retrieved 2017-12-24.
^海航集团成功进入美国《财富》2017年世界500强榜单. Sina (in Simplified Chinese). August 2017. Archived from the original on 2017-08-13. Retrieved 2017-12-23.
^"Fortune Global 500 List 2018: See Who Made It".
^"China's HNA Group goes on a global shopping spree". The Economist. Archived from the original on 2017-10-12. Retrieved 2017-10-11.
^"Chinese conglomerate HNA goes bankrupt | NHK WORLD-JAPAN News". NHK WORLD. Retrieved 2021-01-31.
^"海航集团航空主业实际控制权移交至辽宁方大". 中国民航网. Archived from the original on 2023-06-17. Retrieved 2023-06-17.
^"海发控110亿入主海航机场板块,改名海南机场的*ST基础何时止跌?". 第一财经. Archived from the original on 2021-12-24. Retrieved 2023-06-17.
HNAGroup Co., Ltd., was a Chinese conglomerate headquartered in Haikou, Hainan, China. Founded in 2000, it was involved in numerous industries including...
Rezidor Hotel Group to Chinese conglomerate HNAGroup. In the fourth quarter of 2017, Carlson Hotels, Inc. (the holding company of the hotel group) was renamed...
Hainan Airlines Co., Ltd. (HNA, Chinese: 海南航空公司; pinyin: Hǎinán Hángkōng Gōngsī) is an airline headquartered in Haikou, Hainan, China. It is the largest...
Look up HNA in Wiktionary, the free dictionary. HNA may refer to: HNAGroup, a Chinese conglomerate Hainan Airlines, a Chinese airline Hafslund (company)...
to HNAGroup in 2011. Seaco is owned by the Bermuda-based Global Sea Containers Ltd., which is itself indirectly owned by Bohai Leasing. HNAGroup own...
Liaoning Fangda Group Industrial Company Ltd took over control in HNAGroup's Aviation division, including its flagship Hainan Airlines. HNA Aviation - acquired...
Hainan HNA Infrastructure Investment Group Co., Ltd. formerly Hainan Island Construction Co., Ltd. is a Chinese listed company based in Haikou. The registered...
mega-conglomerate HNAGroup, for $6 billion; upon completion, Ingram Micro would become part of Tianjin Tianhai Investment and therefore a subsidiary of HNAGroup. It...
Inc. held a 45.8 percent stake in the company. In October 2016, China's HNAGroup agreed to acquire a 25 percent equity interest in Hilton from Blackstone...
However, in recent year it was most known as the investment vehicle of HNAGroup to acquire American company Ingram Micro. The shares of Tianhai Investment...
company related to Hainan Airlines, Grand China Air, HNA Infrastructure Investment Group, HNAGroup, Hainan Provincial People's Government [zh] and China...
Rezidor Hotel Group, were sold to Chinese conglomerate HNAGroup in 2016. Rezidor Hotel Group AB was then renamed to Radisson Hospitality AB. The direct...
inaugurated on 22 June 2006 and 31 July 2006, respectively. On 3 August 2006, HNAGroup, the parent company of Hainan Airlines, announced a finalised agreement...
of July 2016, HNAGroup declared they had bought 63.6 percent of the voting rights and shares in Gategroup. By October 2016, HNAGroup had acquired 96...
scheduled for 2020. On 24 November 2015, it was announced that the Chinese HNAGroup, owner of Hainan Airlines, would invest US$450 million in Azul, becoming...
platform Datenna, HNAGroups's stake in Avolta led to a medium risk of state influence on Avolta by the Chinese government. HNAGroup's airport division...
Forbes also reported about Guo and his campaign. One of Guo's targets, HNAGroup, sued Guo for defamation in June 2017. In August 2018, several Hong Kong...
operations. A joint venture between the Guilin Municipal Government and HNAGroup, the airline began operations in June 2016 using Airbus A319 aircraft...
River Express was majority owned by the HNAGroup (85%) with Hainan Airlines Co (5%) and Shanghai Airport Group (10%) holding the remaining shares. The...
and West Air—are all affiliated with HNAGroup, although the alliance is also seeking airlines not within the group. On May 16, 2016, the world's largest...
August 2020. Ownership of the company has been transferred from the HNAGroup to a group of financial investors led by the former senior secured lenders of...
completing the IATA Operational Safety Audit in 2007. In 2011, China's HNAGroup (partnered with Bravia Capital) bought 49% of the shares of ACT Airlines...
British Hong Kong in 1995 by Denny Wong. In 2017, HNAGroup, via HNA EcoTech Group and HNA EcoTech Group's subsidiary, acquired Advanced Card Systems Holdings...
flights operated by the HNAGroup including those of Hainan Airlines, Grand China Air and Tianjin Airlines, while all HNAGroup's international, Hong Kong...
telematics. In October 2013, TIP was acquired by HNAGroup, a Chinese conglomerate. In 2016, TIP Trailer Services Group acquired Train Trailer Rental Ltd, a Canadian...
General Secretary Xi Jinping. Next to Wanda Group, the measures also targeted HNAGroup Co., Anbang Insurance Group as well as Fosun International Ltd. Chairman...
between Ghanaian shareholders SAS Finance Group and SSNIT, with minority shareholdings also by both HNAGroup and China-Africa Development Fund via Zhongjia...