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. (Chinese: 海口美兰国际机场有限责任公司), a company related to Hainan Airlines, Grand China Air, HNA Infrastructure Investment Group, HNA Group, Hainan Provincial People's Government [zh] and China Development Bank.

Regal International Airport Group
Formerly
  • Hainan Meilan Airport
  • HNA Infrastructure
Company typepublic
SEHK357(H share)
unlisted(A share)
IndustryTransport
Founded18 November 2000 (2000-11-18)
HeadquartersMeilan Airport,
Haikou, Hainan
,
China
Servicesairport operator
RevenueIncrease CN¥1.063 billion (2015)
Increase CN¥0571 million (2015)
Increase CN¥0439 million (2015)
Total assetsIncrease CN¥6.962 billion (2015)
Total equityIncrease CN¥3.230 billion (2015)
Owner
Haikou Meilan International Airport(50.19%)
ParentHaikou Meilan International Airport
Subsidiaries
Meilan Airport Assets Management(100%)
Meilan Airport Cargo(51%)
Chinese name
Simplified Chinese瑞港国际机场集团股份有限公司
Traditional Chinese瑞港國際機場集團股份有限公司
Transcriptions
Second alternative Chinese name
Simplified Chinese海航基础股份有限公司
Traditional Chinese海航基礎股份有限公司
Transcriptions
Historical Chinese short name
Chinese航基股份
Transcriptions
Second historical Chinese name
Simplified Chinese海南美兰机场股份有限公司
Traditional Chinese海南美蘭機場股份有限公司
Literal meaningHainan Meilan Airport, Company Limited by Shares
Transcriptions
Websitewww.mlairport.com
Footnotes / references
in consolidated financial statement[1]

Regal International Airport Group was formerly known as HNA Infrastructure Co., Ltd. and Hainan Meilan Airport Co., Ltd. (Chinese: 海南美兰机场股份有限公司).

HNA Infrastructure is the operator of Haikou Meilan International Airport.

History

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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.[2] In July 2017, it was announced that the company would develop the airport into an aviation hub and a duty-free shopping paradise.[3]

On 9 July 2018, it was approved by the extraordinary general meeting that the company would renamed to Regal International Airport Group Co., Ltd. (Chinese: 瑞港国际机场集团股份有限公司).[4]

Subsidiaries

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  • Meilan Airport Assets Management (100%)[5]
  • Hainan Meilan International Airport Cargo (51%)[5]

Equity interests

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Shareholders

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As of 30 June 2016[5]

As at 13 October 2016, the shareholders of Haikou Meilan International Airport were HNA Airport Group, an indirect subsidiary of HNA Infrastructure Investment Group[6][7] (19.58%), state-owned bank China Development Bank (18.88%), state-owned company Hainan Development Holdings (16.65%), a private company (Chinese: 海南航辉农业开发) (14.99%), a subsidiary of HNA Group (Chinese: 海南航旅交通服务) (11.9%), listed company Hainan Airlines (7.88%), another private company based in Yangpu (Chinese: 洋浦联海工贸) (4.78%), listed company China Southern Airlines (3.21%) and China National Aviation Fuel Supply (Chinese: 中国航空油料) a joint venture of China National Aviation Fuel Group, Sinopec Marketing and PetroChina Marketing (2.08%).[8]

Haikou Meilan International Airport Co., Ltd. itself owned 7.08% shares of Hainan Airlines as the third largest shareholder as cross ownership.[9] The largest shareholder of Hainan Airlines is Grand China Air for 35.34% shares,[10] which HNA Group is the second largest shareholder of Grand China Air for 23.11% stake.[11] (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;[10] the largest shareholder of Grand China Air was Hainan Development Holdings for 24.97% stake.[9] Hainan Development Holdings is a wholly owned subsidiary of Hainan Provincial People's Government [zh].[9][12]

References

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  1. ^ "2015 Annual Report" (PDF). HNA Infrastructure. Hong Kong Stock Exchange. 18 April 2016. Retrieved 15 February 2017.
  2. ^ "MAJOR AND CONNECTED TRANSACTION – THE PARENT COMPANY DOMESTIC SHARES SUBSCRIPTION AGREEMENT (2) THE HAINAN HNA DOMESTIC SHARES SUBSCRIPTION AGREEMENT (3) PROPOSED NEW H SHARES ISSUE UNDER SPECIFIC MANDATE AND..." (PDF) (Press release). Haikou: HNA Infrastructure. 30 December 2016. Retrieved 15 February 2017 – via Hong Kong Exchanges and Clearing website.
  3. ^ "HNA Infrastructure eyes sharp rise in duty-free store revenue from Haikou airport". South China Morning Post. Hong Kong. 11 June 2017. Retrieved 19 September 2017.
  4. ^ "Poll results of the extraordinary general meeting hold on 9 July 2018" (PDF) (Press release). Haikou: Regal International Airport Group. 9 July 2018. Retrieved 16 July 2018 – via Hong Kong Exchanges and Clearing website.
  5. ^ a b c d e "2016 Interim Report" (PDF). HNA Infrastructure. Hong Kong Stock Exchange. 9 September 2016. Retrieved 15 February 2017.
  6. ^ "2015 Annual Report" (PDF). HNA Infrastructure Group (in Chinese). Shanghai Stock Exchange. 30 June 2016. Retrieved 15 February 2017.
  7. ^ "2015 Annual Report" (PDF). HNA Airport Group (in Chinese). Shanghai Stock Exchange. 30 June 2016. Retrieved 15 February 2017.
  8. ^ October 2016 filing in National Credit Information Publicity System (in Chinese)
  9. ^ a b c "2015 Annual Report" (PDF). Hainan Airlines (in Chinese). Shanghai Stock Exchange. 25 March 2016. Retrieved 15 February 2017.
  10. ^ a b "2016 Interim Report" (PDF). Hainan Airlines (in Chinese). Shanghai Stock Exchange. 30 August 2016. Retrieved 15 February 2017.
  11. ^ "2015 Annual Report" (PDF). HNA Group (in Chinese). Chinabond.com.cn. 7 August 2016. Retrieved 15 February 2017.
  12. ^ "2015 Annual Report" (PDF). Hainan Development Holdings (in Chinese). Shanghai Stock Exchange. 7 June 2016. Retrieved 16 February 2017.
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