Regal International Airport Group Co., Ltd. is a Chinese listed company based in Meilan Airport, Haikou. The company is 50.19% owned by Haikou Meilan International Airport Co., Ltd. (), a company related to

Hainan Airlines Hainan Airlines Co., Ltd. (HNA, ) is an airline headquartered in Haikou, Hainan, People's Republic of China. The airline is rated as a 5-star airline by Skytrax. It is the largest civilian-run and majority state-owned air transport company, ...

Grand China Air Grand China Air Co., Ltd. (GCA) is a Chinese airline based at Haikou Meilan International Airport. History Grand China Air was formed on 29 November 2007 under the initiative of the HNA group's largest operational entity, Hainan Airlines, to ...

HNA Infrastructure Investment Group Hainan HNA Infrastructure Investment Group Co., Ltd. formerly Hainan Island Construction Co., Ltd. is a Chinese listed company based in Haikou. in mid-2016 the company acquired HNA Infrastructure Group () in a reverse IPO from intermediate paren ...

, HNA Group, and China Development Bank. Regal International Airport Group was formerly known as HNA Infrastructure Co., Ltd. and Hainan Meilan Airport Co., Ltd. (). HNA Infrastructure is the operator of

Haikou Meilan International Airport Haikou Meilan International Airport is the airport serving Haikou, the capital of Hainan Province, China. It is located southeast of the city center and was opened in 1999, replacing the old Dayingshan Airport located along what is now the cit ...

History

On 30 December 2016 HNA Infrastructure announced a recapitalization and a plan to acquire the runway of Meilan Airport from the parent company in an all-share deal; sister company

would be introduced as minority shareholder. In July 2017, it was announced that the company would develop the airport into an aviation hub and a duty-free shopping paradise. On 9 July 2018, it was approved by the

extraordinary general meeting An extraordinary general meeting, commonly abbreviated as EGM, is a meeting of members of an organisation, shareholders of a company, or employees of an official body that occurs at an irregular time.' The term is usually used where the group wou ...

that the company would renamed to Regal International Airport Group Co., Ltd. ().

Subsidiaries

* Meilan Airport Assets Management (100%) * Hainan Meilan International Airport Cargo (51%)

Equity interests

* HNA Airport Holdings (24.5%) - a subsidiary of HNA Airport Group for 50.2% stake; HNA Airport Holdings owned Sanya Phoenix International Airport Co., Ltd. * Haikou Decheng Industrial and Development (30%)

Shareholders

(50.19%) * Oriental Patron Financial Group (19.94%) * Pacific Alliance Asia Opportunity Fund (6.93%) * UBS (5.78%) *

Deutsche Bank Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Sto ...

(3.84%) * Greenwoods Asset Management (2.93%) *

JPMorgan Chase JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the ...

(2.88%) *

Handelsbanken Svenska Handelsbanken AB is a Swedish bank providing banking services including traditional corporate transactions, investment banking and trading as well as consumer banking including insurance. Handelsbanken is one of the major banks in Sweden ...

(2.41%) * general public (5.1%) As at 13 October 2016, the shareholders of

were HNA Airport Group, an indirect subsidiary of

(19.58%), state-owned bank China Development Bank (18.88%), state-owned company Hainan Development Holdings (16.65%), a private company () (14.99%), a subsidiary of HNA Group () (11.9%), listed company

(7.88%), another private company based in Yangpu () (4.78%), listed company

China Southern Airlines China Southern Airlines Company Limited is an airline headquartered in Baiyun District, Guangzhou, Guangdong Province and is the largest airline in China. Established on 1 July 1988 following the restructuring of the CAAC Airlines that acqu ...

(3.21%) and China National Aviation Fuel Supply () a joint venture of

China National Aviation Fuel Group China National Aviation Fuel Group Corporation (CNAF) is a Chinese state-owned enterprise. The company owns a 51% stake in China National Aviation Fuel Supply Co., Ltd. (), one of the largest jet fuel suppliers in China. China National Aviation Fu ...

, Sinopec Marketing and PetroChina Marketing (2.08%). Haikou Meilan International Airport Co., Ltd. itself owned 7.08% shares of

as the third largest shareholder as

cross ownership Cross ownership is a method of reinforcing business relationships by owning stock in the companies with which a given company does business. Heavy cross ownership is referred to as circular ownership. The Japanese economy is alleged to be heavily ...

. The largest shareholder of Hainan Airlines is

for 35.34% shares, which HNA Group is the second largest shareholder of Grand China Air for 23.11% stake. (Haikou Meilan International Airport owned 8.30% stake of Grand China Air as the fourth largest shareholder) HNA Group owned 4.88% shares of Hainan Airlines directly and an additional 4.25% held by subsidiary

Changjiang Leasing The Yangtze or Yangzi ( or ; ) is the longest river in Asia, the third-longest in the world, and the longest in the world to flow entirely within one country. It rises at Jari Hill in the Tanggula Mountains (Tibetan Plateau) and flows ...

; the largest shareholder of Grand China Air was Hainan Development Holdings for 24.97% stake. Hainan Development Holdings is a wholly owned subsidiary of .

References

External links

* {{authority control Airport operators of China H shares Transport companies established in 2000 Chinese companies established in 2000 Companies listed on the Hong Kong Stock Exchange Companies based in Hainan Government-owned companies of China Companies owned by the provincial government of China Civilian-run enterprises of China Organizations based in Haikou Privatization in China