HNA Group
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. It is the owner of Hainan Airlines and a part owner of Grand China Air.
HNA Building, Haikou, Hainan is headquarters of HNA Group | |
| 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
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| Headquarters | HNA Building, , China |
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| Revenue | CN¥100.941 billion (2015) |
| 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) |
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| Footnotes / references in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards | |
| 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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In July 2017, HNA Group ranked No. 170 in 2017 Fortune Global 500 list with a revenue of $53.335 billion. It is one of the most active investment companies in the world, acquiring numerous assets under its name. In 2021, the corporation declared bankruptcy after debt restructuring efforts failed. On December 8, 2021, Liaoning Fangda Group Industrial acquired HNA's aviation division，later on December 24, Hainan Development Holdings Co., Ltd. acquired HNA's airport division, and marked the closing of the final chapter in the now defunct HNA Group.