Hna Caesar tourism group

The reasons for HNA's bankruptcy are: excessive mergers and acquisitions and expansion, resulting in imbalance of financial leverage. In 2010 and 2011 alone, HNA successively acquired companies including: Australian AllCO Group's aviation leasing business, Turkish aircraft maintenance company MY TECHNIC, Norwegian listed company GTB, etc. Over the past few years, HNA's M&A investment has exceeded 40 billion US dollars, involving a wide range and a large scale. After this round of mergers and acquisitions, the proportion of HNA's main business has been less than 40%. HNA has gradually deviated from its original development track.

HNA Group is a large enterprise group, which includes aviation, tourism, finance, real estate and even logistics and oil and gas resources, covering a wide range. Its subsidiaries include Deutsche Bank, Hualong Securities, Haiyue Shares, Northeast Electric, Caesar Travel, etc. The aviation owners under HNA Group belong to China Hainan Airlines Holding Co., Ltd., which is the aviation industry represented by Hainan Airlines.

Since its establishment in 1993, HNA Group has developed from a single local air transport enterprise to a multinational enterprise group after 26 years of development. HNA Group takes the main business of air transportation as the core development direction, and takes aviation leasing and aviation technology as the auxiliary support platform to consolidate the foundation of the sustainable development of its main business.

HNA is one of the four major airlines in China. It has a fleet of young luxury aircraft, mainly Boeing 787, Boeing 737, Airbus A350 and Airbus A330. It is suitable for passenger and cargo flights, and creates high-quality first class and spacious and comfortable new business class for passengers.

At present, there are 8 A-share listed companies and 3 Hong Kong-share companies under HNA's banner, namely: HNA Foundation, Supply & Marketing Center, HNA Investment, Bohai Financial Holdings, Tianhai Investment, HNA Innovation, Caesars Tourism, HNA Holdings and Hong Kong International Construction Investment, HNA Technology Investment and HNA Industrial Shares.

1. HNA Foundation: Its four major businesses are HNA Airport, Marine Construction Project, HNA Real Estate and Maritime Navigation Exemption.

2. Supply and Marketing Grand Collection: On February 23, 2017, the listed company Xi 'an Minsheng Group Co., Ltd. issued an announcement and officially changed its name to "Supply and Marketing Grand Collection Group Co., Ltd.". At present, its main business covers Kupu Commerce, world cooperate, China, Daji Supply and Marketing Chain, Daji Jinfu and Minsheng Department Store;

3. HNA Investment: HNA Investment was originally a mid-to-high-end real estate developer. Since 2013, HNA Investment has established a strategic transformation goal of transforming into a financial investment platform according to changes in the external environment and internal business development needs, and actively deployed financial, investment, fund and pension sectors according to the transformation goal.

4. Bohai Financial Holdings: It is an international financial holding group with leasing as its main business; With about 30 operation centers in the world, it has become the third largest aircraft leasing business group and the second largest container leasing business group in the world;

5. Tianhai Investment: In December 2016, Tianhai Investment successfully acquired ingram micro Micro Inc., a global IT distribution and supply chain giant, and gradually divested its shipping business and formally transformed its technology industry.

6. HNA Innovation: It is a company mainly engaged in tourism development. Relying on the natural resources of Jiulongshan Tourism Resort, it has developed three clubs such as golf, yacht and polo, as well as tourism projects such as Buddhist culture of Xiaoputuo Guanyin Temple, and regularly holds professional speed horse racing activities and bids for international and domestic horse racing events;

7. Caesars Tourism: It is the first commercial state-owned enterprise listed company in Baoji City, and a pilot unit for establishing a modern enterprise system and chain operation in Shaanxi Province, in which the investment and operation industries involve trade circulation, hotel catering, production of Chinese and western medicines, road and bridge charges, real estate development and other fields;

8. HNA Holdings: The company is engaged in domestic and international aviation business and other related services, and its main services include passenger transport, freight forwarding, charter flights and other services;

9. Hong Kong International Construction Investment Co., Ltd.: Its main business is engaged in foundation piling; Machine leasing and trade; Property investment and development; And buildings.

10. HNA Technology Investment: Longjie Smart Card Co., Ltd. (ACS, a wholly-owned subsidiary of Longjie Smart Card Holdings Co., Ltd., listed on the Hong Kong Stock Exchange: 2086) was founded in 1995. It is the largest supplier of connected smart card readers in the Asia-Pacific region and one of the three largest in the world, and Frost &; ; Winner of "Smart Card Reader Product Quality Leader Award" awarded by Sullivan.

11. HNA Industrial Co., Ltd.: Its main business is international commodity trade, financial services and logistics services; Subsidiary businesses are leisure and tourism, property investment, management and development, and engineering services. Change its name to cwtint' l.