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Platinum Partners

HNA Group

Time:2014-03-18 10:11:04    Views:713918    Origin:Boao Forum for Asia

HNA Group

HNA Group was founded in 1993. In the past two decades, it grew and prospered against the backdrop of China’s reform and opening up. Developed from a local aviation transportation operator to a conglomerate encompassing core divisions of aviation, holdings, capital, tourism and logistics, HNA Group’s business outreach has expanded from Hainan Island— the South Sea Pearl to the globe, which has assets valued at over RMB 450 billion, and has 11 listed companies. In 2014, HNA Group reaps revenues of around RMB 170 billion and have more than 110,000 employees worldwide. After 20 years endeavor, HNA Group has emerged as one of the Top 4 in China’s aviation industry, ranking the 120th in China Top 500 Enterprises and striding towards the Global 500.

As of December 2014, HNA Aviation has a fleet of 528 aircrafts, serve over 640 domestic and international routes, fly to over 250 cities, and have served 72 million passengers annually. It operates and manages Hainan Airlines, Tianjin Airlines, Deer Jet, Lucky Air, Capital Airlines, West Air, Fuzhou Airlines, Urumqi Air, Yangtze River Express, My CARGO, Africa World Airlines, and Aigle Azur etc. The aviation division has been maintaining a high level of operation standard and quality. The flagship subsidiary—Hainan Airlines, has been awarded SKYTRAX 5-Star Airlines in four consecutive years, and keeps a record of 20 years’ safe operation. It ranks as the world’s 8th and mainland China’s first airline on “World’s 60 Safest Airlines” evaluated by Germany’s professional aviation magazine Aero International with its zero accident rates. Deer Jet is the only professional private jet that is certified as ARGUS Platinum 5-Star and by IS-BAO, and has a leading fleet of jets in Asia. 

HNA Capital’s main business are leasing, insurance and trust etc, and has traditional and innovative financial services such as securities, banking, futures, fund, investment banking, insurance and wealth management etc, and has obtained licenses covering all financial industries. Its leasing business covers professional leasing in aircraft, ship, container, and infrastructure etc, and Bohai Leasing is the only listed leasing company in China’s A-share market and the world’s largest container leasing company. HNA's insurance business has 1100 outlets,and Minan Insurance is one of China’s earliest national insurance companies and has a history of over 70 years. The trust business is led by Bohai International Trust, and manages trust assets valued at RMB 190 billion, and has succeeded in 100% paying on due date in past years. It is rated as China’s Best Managed Trust Company.

HNA Tourism is built on the foundation of traditional tourism industry and actively develops tourism business associated with financial and e-commerce services. Its service network covers Asia, Europe and Americas, and it shares the joy of 1.88 million travelers every year. It has 73 travel agencies and is successfully operating Henna—the first luxury cruise in mainland China. It owns TransForex—China’s first non-financial institution that is qualified to provide individual domestic and foreign currency exchange service and has subsidiaries in 23 cities and 500 service outlets. 

HNA Hospitality Group is one of the world’s 300 largest hotel companies, the most competitive national hotel brand and the best hotel management group company. It owns and manages over 450 hotels home and abroad. Tangla Hotels and Resorts, guided by the philosophy of “originated from the East and embracing the globe”, is committed to building a world-class hotel brand.

HNA Airport Group currently manages 10 airports encompassing Haikou Meilan International Airport, Sanya Phoenix International Airport, Yichang Sanxia Airport, Weifang Nanyuan Airport, Manzhouli Xijiao Airport, Anqing Tianzhushan Airport, Tangshan Sannvhe Airport. In 2013, the passenger traffic has hit 33 million. Haikou Meilan International Airport and Sanya Phoenix International Airport have respectively handled over 10 million passengers annually, ranking the 20th and 18th in China. Haikou Meilan International Airport won “SKYTRAX Best Regional Airport in China” and its International Terminal also obtained “SKYTRAX 5-Star Terminal”, and Sanya Phoenix International Airport won “SKYTRAX 4-Star Airport” and “SKYTRAX World Best VIP Terminal”. Meanwhile, Airport Economic and Industrial Parks are built in cities like Haikou and Wuhan, with total planned areas of 12000 acres, and total constructed area of 1.9 million square meters.

HNA Real Estate is committed to become a leading developer grounded on competitive industries of HNA Group and integrating Real Estate Finance. By the end of September 2014, investments are made in over 40 cities, with 33 projects, areas of 5 million square meters under construction, areas of 1 million square meters for sale. It holds 20 property projects including office buildings, businesses, hotels, and apartments, with an area of 1.5 million square meters. HNA Real Estate has constructed a series of core products with HNA characteristics such as China Town, YOHO Commercial Complex Zone, etc.

HNA Retail owns brands like Xi’an MINSUNg department stores, Hunan JOINDOOR supermarkets, Baoji Retailing, Shanghai Jiadeli supermarkets, Hainan Seaview International Plaza, and over 330 outlets with operation areas of 1.15 million square meters.

HNA Logistics is devoted to constructing 6 logistic sectors including investment logistics, financial logistics, logistic technology, modern marine transport, modern equipment manufacturing and professional logistics, and developing into a modern logistic operator and solution provider driven by finance and technology. Jinhai Heavy Industry and Tianjin Marine Shipping are core businesses. Jinhai Heavy Industry is one of China’s Top 10 shipbuilding enterprises and the earliest companies selected into the “white list” of shipbuilding enterprises issued by China’s Ministry of Industry and Information Department, with annual shipbuilding capacity reaching 6 million deadweight tonnages. HNA’s marine transport businesses cover container transportation, bulk transportation, energy transportation, and ship and crew management etc, with over 40 ships in operation.

For the past two decades, HNA Group has taken corporate social responsibility as one of its business development strategies. It holds the corporate culture of “do something for the society, and do something for others” and promotes social harmony with actions. To date, HNA Group has spent over RMB 900 million in CSR activities.

HNA Group has developed a series of charity innovations like Brightness Action, Wells for Hainan Arid Areas, HNA Social Innovation and Business Competition, HNA Send Love Home, and has been well-recognized by governments and the society. Over the years, HNA has been awarded “China Charity Award” for four times, “Outstanding Enterprise in China Corporate Social Responsibility List ”, and “South-South Award—Corporate Social Responsibility” by the United Nations. In October 2010, HNA Group has set up a private foundation - the Hainan Province Cihang Foundation. In October 2013, HNA Group has donated 20% of its equity to the Foundation, making it become the largest single shareholder of the Group, and also become an important charity platform for HNA to implement social responsibilities and gratitude to the society.

HNAers will always bear in mind the vision of “constructing a world-class conglomerate with China Dream”, carry forward the entrepreneurship of “brave to explore, persist in change, continue to innovation, strive for excellence”, and make greater contribution to the society and mankind, and establish a world-class conglomerate.