Description
HNA Group Co., Ltd., is 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 a part owner of Grand China Air. 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, marked the defunct of the HNA Group.
