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July 05, 2015 6:19 PM ET

Industrial Conglomerates

Company Overview of HNA Group Co., Ltd.

Company Overview

HNA Group Co., Ltd., a multi-business conglomerate, engages in the airport services, air transportation, real estate, hotel and catering, travel services, commercial retail, logistics and transportation, financial services, culture industry, and network information technology businesses. The company is involved in the provision of trunk line and regional airline, business jet, air cargo, helicopter, tourist charter, corporate and private charter, and scheduled passenger services; airport investment, airport restructuring, airport operation and management, and related ground and consultancy services; and ownership and management of airports. It also engages in the development of luxury hotels...

New HNA Plaza

7 Guoxing Road

Haikou,  570203


Founded in 1998


86 898 6673 9906


86 898 6679 8976

Key Executives for HNA Group Co., Ltd.

Vice Chairman and Chief Executive Officer
Age: 52
Vice Chairman and President
Age: 48
Compensation as of Fiscal Year 2015.

HNA Group Co., Ltd. Key Developments

The Ningbo Municipal Government and HNA Group to Jointly Set Up Ningbo Airlines

The Ningbo Municipal Government and HNA Group signed an all-round strategic partnership agreement on June 8, 2015, which will cooperate in aviation, industry and regional development. The two sides will jointly set up Ningbo Airlines, taking Lishe Airport as base, and will grow fleet to 16 to 20 aircrafts. The two will establish Ningbo General Aircraft, developing business jet, helicopter and seaplane operations. Moreover, the two will jointly build smart airport and build logistics business to develop marine, land and air transport. In addition, the two plan to build an airport industrial park and develop aircraft maintenance, warehousing and logistics and cold-chain manufacturing.

NetEase and HNA Group Establish Internet Travel Company

NetEase Inc. announced that its wholly-owned subsidiary Lede Technology Co., Ltd, (Lede Technology) has signed a partnership agreement with HNA Group to form a joint venture company (Joint Venture), in order to establish an all-new Internet travel company. In December 2014, the two companies had signed a strategic framework cooperation agreement to become partners in the sectors of Internet travel and travel finance. For the new Joint Venture just announced, Lede Technology will leverage its strong experience and knowledge of Internet technologies to provide the Joint Venture with technical and marketing support, while HNA Group will utilize its operational expertise in the tourism and travel finance sectors to take charge of the Joint Venture's new products and initiatives.

HNA Denies Intention To Take Stake In PIAA

Foreign media said that HNA Group Co., Ltd. intended to take stake in Pakistan International Airlines Corporation (KASE:PIAA). But the news was denied by vice president of the former, telling reporters that they have no knowledge. In recent years, uprising airlines in Gulf Region impacted performance of Pakistani companies. Last September, Minister of State for Privatization Mohammad Zubair revealed plans for local government to spin off Pakistan International Airlines into two companies in the future 18 months, selling controlling right to an international airline.

Recent Private Companies Transactions

June 16, 2015
Red Lion Hotels Corporation
Private Placement
April 13, 2015
Hainan Airlines Co., Ltd.
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January 6, 2015
HNA Logistics Co., Ltd.

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