HNA Group
 |
|
| Private | |
| Industry | Aviation, tourism, financial services, real estate, logistics |
| Founded | 2000 |
| Headquarters | HNA Building, Haikou, China |
|
Key people
|
|
| Revenue |
 CN¥100.941 billion (2015) |
 CN¥2.366 billion (2015) |
|
| Profit |
CN¥806 million (2015) |
| Total assets |
CN¥468.709 billion (2015) |
| Total equity |
CN¥22.514 billion (2015) |
| Owner |
|
| Parent | Hainan Traffic Administration Holding |
| Website | www |
|
Footnotes / references in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards |
|
| HNA Group Co., Ltd. | |||
| Simplified Chinese | 海航集团有限公司 | ||
|---|---|---|---|
| Traditional Chinese | 海航集團有限公司 | ||
|
|||
| HNA Group | |||
| Simplified Chinese | 海航集团 | ||
| Traditional Chinese | 海航集團 | ||
|
|||
| Transcriptions |
|---|
| Transcriptions |
|---|
HNA Group Co., Ltd., is a Chinese conglomerate headquartered in Haikou, Hainan, China. Founded in 2000, it is involved in the aviation, real estate, financial services, tourism, logistics, and other industries. It is part owner of Grand China Air (Hainan Airlines), China's fourth largest airline.
HNA Group was ranked 353rd in 2016 Fortune Global 500 list.
In 1993, Chen Feng established Hainan Airlines on behalf of Hainan Provincial People's Government. Following a restructuring of the airline in 1997, Feng founded HNA Group, Co., Ltd. as the parent company of Hainan Airlines in January 2000. Following the CAAC's creation of three major airline groups in early 2000s, HNA Group took control of China Xinhua Airlines, Chang An Airlines, and Shanxi Airlines to remain competitive.
Since then, the group has undergone great diversification, entering multiple industries such as tourism and logistics. It has also significantly expanded its involvement with both national and international companies. These include several airlines, NH Hotel Group,Uber, and an office tower and a hotel in New York City. HNA Group has spent more than US$3 billion on foreign acquisitions. It intends to be one of the top 50 companies in the world by 2030.
On February 18, 2016, HNA Group was reported to reach an agreement with Ingram Micro Inc, a California-based technology distributor for $6 billion, in the largest Chinese takeover of a US information technology company. HNA Group was then advised by China International Capital Corporation in the transaction.
...
Wikipedia