In July 2017, HNA Group ranked No 170 in 2017 Fortune Global 500 list with a revenue of $53.
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17 Facts About HNA Group
2.
Since then, the Group has undergone great diversification, entering multiple industries such as tourism and logistics.
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3.
HNA Group has spent more than US$3 billion on foreign acquisitions.
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4.
On February 18,2016, HNA Group reached an agreement to acquire Ingram Micro Inc, a California-based technology distributor, for $6 billion, in the largest Chinese takeover of a US information technology company.
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5.
HNA Group was then advised by China International Capital Corporation in the transaction.
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Ingram Micro China Hainan Airlines Liaoning Cathay Pacific HK Express York Logistics6.
In July 2017, HNA Group was targeted by the Central Government in a set of new measures that prohibit state-owned banks from lending money to Chinese private companies to curb their foreign investment activities and over concerns about HNA Group's debt levels.
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7.
On 29 January 2021, HNA Group declared bankruptcy after debt restructuring efforts failed.
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8.
In December 2021 HNA Aviation, including its founding and flagship brand Hainan Airlines, was sold to Liaoning Fangda Group Industrial.
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9.
In 2017 the total number of employees in the HNA Group was over 410,000 and the number of overseas employees was nearly 290,000.
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10.
In December 2021, HNA Aviation was sold to Liaoning Fangda Group Industrial.
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11.
On 18 January 2016, HNA Group Aviation formed the world's first alliance of low-cost carriers, U-FLY Alliance.
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12.
On 27 March 2019, HNA Group Aviation sold full stake of HK Express to Cathay Pacific for HK$4.
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14.
HNA Group Holdings is involved in real estate and the retailing industry.
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15.
HNA Group Logistics is engaged with shipbuilding, marine cargo transport, air cargo, and other elements of logistics.
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16.
HNA Group sued in exile Chinese billionaire Guo Wengui for defamation in June 2017, which Guo was spreading the rumour on the identity of the true owner of the group.
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17.
In 2017, the Swiss Takeover Board ruled that HNA Group provided false information regarding Bhise and Guan on the takeover of Gategroup.
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