Company type | Private |
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Industry | Aviation, tourism, financial services, real estate, logistics |
Founded | April 16, 1998 |
Founders | Chen Feng, Wang Jian, Tan Xiangdong, and others |
Defunct | December 8, 2021 |
Fate | Bankrupted
List
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Successors |
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Headquarters | HNA Building, , China |
Key people |
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Revenue | CN¥100.941 billion (2015) |
CN¥2.366 billion (2015) | |
CN¥806 million (2015) | |
Total assets | CN¥468.709 billion (2015) |
Total equity | CN¥22.514 billion (2015) |
Owner |
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Parent |
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Footnotes / references in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards[1] |
HNA Group Co., Ltd. | |||
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Simplified Chinese | 海航集团有限公司 | ||
Traditional Chinese | 海航集團有限公司 | ||
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HNA Group | |||
Simplified Chinese | 海航集团 | ||
Traditional Chinese | 海航集團 | ||
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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.