HNA Technology

HNA Technology
Formerly
  • Tianjin Marine Shipping
  • Tianhai Investment
Publicly
Traded as
SSE: 600751(A share)
SSE: 900938(B share)
Headquarters Tianjin, China
Increase CN¥000322 million (2016)
Total assets Increase CN¥117.966 billion (2016)
Total equity Increase CN¥012.770 billion (2016)
Owner
HNA Group(20.76% via investment vehicle HNA Technology Group)[1]
Guohua Life(14.33% as equity fund manager)
Grand China Logistics Holdings(9.19%; affiliate of HNA Group)
Subsidiaries Ingram Micro
Chinese name
Simplified Chinese 海航科技股份有限公司
Traditional Chinese 海航科技股份有限公司
Chinese short name
Simplified Chinese 海航科技
Traditional Chinese 海航科技
Literal meaning HNA Technology
Historical Chinese name
Simplified Chinese 天津天海投资发展股份有限公司
Traditional Chinese 天津天海投資發展股份有限公司
Literal meaning Tianjin Tianhai Investment [&] Development Co., Ltd. by Shares
Historical Chinese short name
Simplified Chinese 天海投资
Traditional Chinese 天海投資
Literal meaning Tianhai Investment
Second historical Chinese name
Simplified Chinese 天津海运
Traditional Chinese 天津海運
Website www.hna-tic.com
Footnotes / references
in consolidated financial statement[2]

HNA Technology Co., Ltd. formerly known as Tianjin Tianhai Investment Co., Ltd. is a Chinese holding company which was specialize in marine transportation services. However, in recent year it was most known as the investment vehicle of HNA Group to acquire American company Ingram Micro.[3] The shares of Tianhai Investment, A share and B share (Chinese stock terminology) were both listed in the Shanghai Stock Exchange.

The company was fined by China Securities Regulatory Commission in 2003 for delay to publish 2002 Annual Report.[4]

History

In 2015 Tianjin Marine Shipping was renamed to Tianhai Investment.[5]

In 2016, Tianhai Investment acquired Ingram Micro in a leveraged buyout, which the company borrowed a huge sum from the Agricultural Bank of China.[6]

In November 2017, as part of a planned reverse IPO, the listed company was proposed to rename to HNA Technology, namesake of its largest shareholder HNA Technology Group.[7]

References

  1. 关于公司前十大股东持股情况的公告 (PDF) (Press release) (in Chinese). Tianhai Investment. 25 January 2018. Retrieved 30 January 2018 via Shanghai Stock Exchange website.
  2. 2016年年度报告 [2016 Annual Report] (PDF) (in Chinese). Tianhai Investment. 22 April 2017. Retrieved 31 January 2018 via Shanghai Stock Exchange website.
  3. "What do we know about Tianjin Tianhai, the company buying Ingram Micro?". ARN. IDG Communications. 18 February 2016. Retrieved 30 January 2018.
  4. 行政处罚决定书(天津海运) (Press release) (in Chinese). China Securities Regulatory Commission. 21 January 2004. Retrieved 30 January 2018.
  5. 上海航华船代客户服务中心 (3 April 2015). 天津海运更名为天海投资. 海事快讯 (in Chinese). Retrieved 28 April 2018.
  6. "Fitch: Ingram Micro's Ratings Unchanged at 'BBB-' Following Merger". Fitch Ratings. Business Wire. 6 December 2016. Retrieved 19 July 2017.
  7. 小鲨鱼 (pseudonym), ed. (27 November 2017). 天海投资:圈钱百亿造就疯狂并购路 资金用途说变就变. 市值风云 (in Chinese). Retrieved 28 April 2018 via Sina web portal.
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