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,

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 me ...

HNA Group 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 ...

, and

China Development Bank The China Development Bank (CDB) () is a development bank in the People's Republic of China (PRC), led by a cabinet minister at the Governor level, under the direct jurisdiction of the State Council. As one of three policy banks in China, it ...

. 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 HNA Infrastructure Investment Group 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 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 UBS Group AG is a multinational Investment banking, investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centres ...

(5.78%) * Deutsche Bank (3.84%) * Greenwoods Asset Management (2.93%) * JPMorgan Chase (2.88%) * Handelsbanken (2.41%) * general public (5.1%) As at 13 October 2016, the shareholders of

were HNA Airport Group, an indirect subsidiary of HNA Infrastructure Investment Group (19.58%), state-owned 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 Hainan Airlines (7.88%), another private company based in Yangpu () (4.78%), listed company China Southern Airlines (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 Hainan Airlines as the third largest shareholder as cross ownership. The largest shareholder of Hainan Airlines is

for 35.34% shares, which

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