(Original title: After the reorganization of HNA Group, it will spin off four segments and operate independently, and the rights and interests of old shareholders will be cleared out)
Aviation sector, airport sector, financial sector, commercial and other sectors.
21st Century Business Herald reporter Gao Jianghong reports On September 18, Hainan HNA Group Joint Working Group Leader and HNA Group Party Secretary Gu Gang revealed at the HNA Safety Production and Operation Regular Meeting that after the reorganization, the HNA Group’s old shareholder team and Cihang Foundation’s rights in HNA Group and its member companies Clear all of them and no longer own the relevant equity. In addition, after the reorganization of HNA, it will be split into four sections to operate independently, and each will return to its main business for healthy development.
On the occasion of the Mid-Autumn Festival and National Day, HNA reiterated its emphasis on safe production. Gu Gang revealed to thousands of employees at the meeting that the rights and interests of the old shareholder team and the Cihang Foundation in the HNA Group and member companies will be increased after the reorganization. All are cleared and no longer own the relevant equity.
“After the reorganization is completed, the equity of the old shareholder team will be cleared to zero in accordance with the law. This is not only a legal requirement for the rule of law and market-based bankruptcy and reorganization, it is the basic responsibility that shareholders must bear, and it is also an inevitable consequence of the brutal growth of private enterprises. “Gu Gang said that HNA must deeply reflect on the development of HNA’s private enterprises in the past 28 years, and continue to learn the lessons of blind expansion and no awe in the past.
He also revealed that if the bankruptcy reorganization is successfully completed, HNA will split the reorganization into four completely independently operated sectors-aviation sector, airport sector, financial sector, commercial sector and other sectors, each led by a new actual controller shareholder Moving forward, completely independent of each other, to ensure that each sector returns to its main business and develops healthily.
On Monday, HNA Group’s aviation main business segment has determined the list of strategic investors. In the near future, HNA Foundation will also finalize strategic investors. Gu Gang said that it is necessary to continue to do a good job in management reorganization, speed up the formulation of work plans for the end of the year and next year, and actively meet the new market competition. He candidly reorganize the sprint stage, difficulties and contradictions have become prominent, we must continue to promote management reorganization, each business sector should follow the reorganization plan, speed up the formulation of work plans for the end of the year and next year, clarify the future development direction and goals, and accelerate the business reorganization of each sector To ensure a smooth transition and smooth development of various tasks after the reorganization.
Even if the holidays are before the holidays, the management of HNA Group still dare not relax. After all, after the Mid-Autumn Festival, the second creditors meeting of HNA Holdings will be held on September 27. Gu Gang asked the management to continue to communicate with creditors to ensure The Second Debt Meeting was held smoothly.
(Author: Gao Jianghong, Editor: Li Qingyu)
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