Haikou Meilan International Airport (company)

Haikou Meilan International Airport
joint venture
Industry holding company
Headquarters Meilan Airport, Haikou, China
Revenue Decrease CN¥03.378 billion (2015)
Increase CN¥00 661 million (2015)
Profit Increase CN¥00 292 million (2015)
Total assets Increase CN¥23.673 billion (2015)
Total equity Increase CN¥06.880 billion (2015)
Subsidiaries HNA Infrastructure
Footnotes / references
in consolidated financial statement[1]

Haikou Meilan International Airport Co., Ltd. is a Chinese company. The company was the developer, owner and operator of the airport of the same name. However, the airport was now operated by the company's subsidiary HNA Infrastructure Co., Ltd. (formerly known as Hainan Meilan Airport).

History

Haikou Meilan International Airport Co., Ltd. (Chinese: 海口美兰国际机场有限责任公司) was incorporated on 25 August 1998 by a consortium of Civil Aviation Administration of China (50%), Hainan Airlines (33.4%) China National Aviation Fuel Group (8.3%) and Hainan International Trust Investment Corporation (8.3%). Initially the company had a share capital of CN¥600 million. The company takeover the development of the airport from Haikou Meilan International Airport Corporation (Chinese: 海口美兰国际机场总公司), a subsidiary of Hainan Airport in the same year.[2][3]

The company listed some of the assets to Hong Kong Stock Exchange as Hainan Meilan Airport (now known as HNA Infrastructure) in 2002. However, the runway was retained, despite the listed company had 20-year concession and obligation to maintain the runway.

Haikou Meilan International Airport was also in the consortium to acquire Bohai Trust. The stake were sold in 2012 to HNA Group.

In October 2016, the share capital had increased to CN¥3.106 billion.

In December 2016, the holding company decided to inject the runway of phase 1 to its listed subsidiary HNA Infrastructure in an all-share deal.[4]

Shareholders

As of 13 October 2016[5]
Name Percentage Footnotes
HNA Airport Group 19.58% an indirect subsidiary of listed company HNA Infrastructure Investment Group[6][7]
China Development Bank 18.88% owned by central government
Hainan Development Holdings 16.65% owned by Hainan Government
Chinese: 海南航辉农业开发 14.99% privately owned
Chinese: 海南航旅交通服务 11.9% subsidiary of HNA Group
Hainan Airlines 7.88% listed company
Chinese: 洋浦联海工贸 4.78% privately owned based in Yangpu
China Southern Airlines 3.21% listed company
Chinese: 中国航空油料 2.08% a joint venture of China National Aviation Fuel Group, Sinopec Marketing and PetroChina Marketing

Equity investments

References

  1. "2015 Annual Report". Haikou Meilan International Airport (in Chinese). Shanghai Clearing House. 29 April 2016. Retrieved 22 February 2017.
  2. "Summary". Prospectus (PDF). Hainan Meilan Airport. Hong Kong Stock Exchange. 6 November 2000. Retrieved 22 February 2017.
  3. "Definations". Prospectus (PDF). Hainan Meilan Airport. Hong Kong Stock Exchange. 6 November 2000. Retrieved 23 February 2017.
  4. "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). HNA Infrastructure. Hong Kong Stock Exchange. 30 December 2016. Retrieved 15 February 2017.
  5. October 2016 filing in National Credit Information Publicity System (in Chinese)
  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.
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