Will HNA gain the increase of state-owned capital again?

On March 8, HNA Holdings Co., Ltd. (HNA Holdings, 60022 1. SH) It was announced that Urumqi Airlines Co., Ltd. (hereinafter referred to as "Urumqi Airlines"), a holding subsidiary, signed a capital increase framework agreement with Urumqi Urban Construction Investment (Group) Co., Ltd. (hereinafter referred to as "Urumqi Urban Construction Investment"), and the latter intends to increase the capital of the former by no less than 450 million yuan in one lump sum or in stages.

The announcement said that the implementation of the capital increase framework agreement signed this time will improve the operational capacity of Urumqi Airlines and enrich the follow-up development funds of Urumqi Airlines. After the completion of this capital increase, Uhang will remain a holding subsidiary of HNA Holdings.

Wucheng Construction Investment Co., Ltd. is a 0/00% holding enterprise of Urumqi SASAC/KLOC. It was established on June 4th, 1995, and its legal representative is Ruan Chengjiang. Its main business scope is entrusted by the Municipal People's Government to operate state-owned assets, carry out urban construction projects and other state-owned assets investment and consulting services, and accept the paid use of government urban construction funds.

Urumqi Airlines 20 13+ 1 1 approved by the Civil Aviation Administration of China, with a registered capital of RMB 3 billion, which is jointly invested by Hainan Airlines and Urumqi Municipal Government. At present, HNA Holding Company holds 70% of the shares. Wucheng Construction Investment Co., Ltd. was originally a shareholder of Urumqi Airlines. The original subscribed capital contribution ratio was 30%, and now it has been paid 13.68%.

The announcement revealed that the capital increase framework agreement stated that the purpose of cooperation between the two parties was to accelerate the construction of Urumqi International Aviation Hub, so as to promote the overall and strategic upgrading of the local aviation industry. This capital increase is not less than 450 million yuan, including but not limited to land, buildings, physical assets, funds, equity and other forms.

The airlines owned by HNA Holdings have recently received more than one capital increase support from local state-owned capital.

13 In February, Tianjin Airlines and Tianjin Bonded Area Investment Co., Ltd. (hereinafter referred to as "Tianjin Bonded Area") signed a capital increase framework agreement. Tianjin Bonded Area Investment Co., Ltd. was originally a shareholder of Tianjin Airlines, and its original shareholding ratio was 4. 18%. With the signing of the capital increase framework agreement, Tianjin Free Trade Zone plans to invest 400 million yuan to increase the capital of Tianjin Airlines, without changing the controlling position of the original HNA Holdings.

According to the announcement, the above-mentioned capital increase framework agreement was signed to support the transformation and development of Tianjin Airlines and fully promote the development of Tianjin Airport into a regional aviation hub.

Tianjin Airlines was established on June 8, 2009 with a registered capital of 865,438+92.6 million, which was jointly funded by HNA Group and Tianjin Municipal Government. At present, the shareholding ratio of HNA Holdings is 78.7%. Tianjin Free Trade Zone is an investment platform under the State-owned Assets Administration Bureau of Tianjin Port Free Trade Zone. In 2009, Tianjin Airlines was established as a government investor.

According to the announcement, the implementation of the capital increase framework agreement with Tianjin Free Trade Zone will enrich the operational capacity of Tianjin Airlines and the subsequent development funds of Tianjin Airlines.

HNA Group's aviation sector is mainly concentrated in HNA Holdings. According to the main operating data of the latest announcement of HNA Holdings in June 5438+ 10, the listed companies include eight airlines, including Xinhua Airlines, Changan Airlines, Shandong Airlines, Yunhangpeng, Fuhang Urumqi, Tianjin Airlines and Guangxi Beibu Gulf Airlines.

Some analysts believe that from the recent two capital increase cooperation between subsidiaries of HNA Holdings and local state-owned enterprises, it is expected that there will be similar news between HNA Holdings and such cooperative enterprises with local government background in the coming year.