Regal International Airport Group
| Company type | Public |
|---|---|
| Industry | Airport operations |
| Predecessor | HNA Infrastructure Co., Ltd., Hainan Meilan Airport Co., Ltd. |
| Founded | 2000 |
| Headquarters | Haikou , China |
| Products | Airport management and operations |
| Owner | Haikou Meilan International Airport Co., Ltd. (50.19%) |
Regal International Airport Group Co., Ltd. is a publicly traded Chinese enterprise with its headquarters located at Meilan Airport in Haikou. The company’s majority stake of 50.19% is held by Haikou Meilan International Airport Co., Ltd., which is connected to entities such as Hainan Airlines, Grand China Air, HNA Infrastructure Investment Group, HNA Group, the Hainan Provincial People's Government, and the China Development Bank.
Previously identified as HNA Infrastructure Co., Ltd. and Hainan Meilan Airport Co., Ltd. (), this firm manages operations at Haikou Meilan International Airport.
History
On 30 December 2016, HNA Infrastructure revealed plans for recapitalization alongside a proposal to acquire the Meilan Airport runway from its parent through an all-share transaction. This deal also involved its affiliate, HNA Infrastructure Investment Group, as a minority investor. By July 2017, the company had announced intentions to transform the airport into a central aviation hub complemented by duty-free retail facilities.
The extraordinary general meeting held on 9 July 2018 ratified the change of the company’s name to Regal International Airport Group Co., Ltd. ().
Subsidiaries
- Meilan Airport Assets Management (wholly owned)
- Hainan Meilan International Airport Cargo (majority ownership at 51%)
Equity interests
- HNA Airport Holdings (24.5%) – a subsidiary under HNA Airport Group with a 50.2% controlling interest; operates Sanya Phoenix International Airport Co., Ltd.
- Haikou Decheng Industrial and Development (holding 30%)
As of 30 June 2016, key shareholders were:
- Haikou Meilan International Airport holding 50.19%
- Oriental Patron Financial Group with 19.94%
- Pacific Alliance Asia Opportunity Fund at 6.93%
- UBS owning 5.78%
- Deutsche Bank with 3.84%
- Greenwoods Asset Management at 2.93%
- JPMorgan Chase holding 2.88%
- Handelsbanken with 2.41%
- General public accounting for 5.1%
By October 2016, shareholders of Haikou Meilan International Airport included HNA Airport Group (19.58%), state-controlled entities such as the China Development Bank (18.88%) and Hainan Development Holdings (16.65%), alongside private firms, subsidiaries affiliated with HNA Group, and publicly listed airlines including Hainan Airlines and China Southern Airlines. Additionally, Haikou Meilan International Airport possessed a 7.08% equity interest in Hainan Airlines, illustrating interconnected ownership within the corporate group.
The principal shareholder of Hainan Airlines is Grand China Air, which holds 35.34%, with HNA Group maintaining a 23.11% stake in Grand China Air. Haikou Meilan International Airport owns an 8.30% share in Grand China Air, ranking it as the fourth-largest shareholder. Furthermore, HNA Group’s combined direct and indirect holdings in Hainan Airlines exceed 9%. The largest stakeholder in Grand China Air is Hainan Development Holdings, which holds 24.97%, a fully state-owned enterprise under the jurisdiction of the Hainan Provincial People's Government.
External links
- Airport operators of China
- H shares
- Transport companies established in 2000
- Chinese companies established in 2000
- Companies listed on the Hong Kong Stock Exchange
- Companies based in Hainan
- Government-owned companies of China
- Companies owned by provincial governments of China
- Civilian-run enterprises of China
- Organizations based in Haikou
- Privatization in China