Home » Fangda Special Steel: Strategic investment in HNA is funded by the group and has nothing to do with listed companies丨Q&A

Fangda Special Steel: Strategic investment in HNA is funded by the group and has nothing to do with listed companies丨Q&A

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CBN 2021-09-13 15:54:45

Editor in charge: Hao Yunying

The reorganization of HNA Group finally ushered in substantive progress. Its two major business segments, namely, the two listed companies HNA Holdings in the aviation and airport sectors, HNA Foundation issued announcements to announce the progress of the recruitment of strategic investors. In early trading today, *ST Hainan Airlines and *ST Foundation opened the lower limit. Regarding the introduction of Liaoning Fangda as a strategic investor by HNA, Fangda Special Steel, a listed company under the group, said that the source of funds is mainly from the group’s controlling shareholder and has nothing to do with the listed company.

Fangda Special Steel: Strategic investment in HNA is funded by the group and has nothing to do with listed companies丨Q&A

The reorganization of HNA Group finally ushered in substantive progress. Its two major business segments, namely, the two listed companies HNA Holdings in the aviation and airport sectors, HNA Foundation issued announcements to announce the progress of the recruitment of strategic investors. In early trading today, *ST Hainan Airlines and *ST Foundation opened the lower limit. Regarding the introduction of Liaoning Fangda as a strategic investor by HNA, Fangda Special Steel, a listed company under the group, said that the source of funds is mainly from the group’s controlling shareholder and has nothing to do with the listed company.

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