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188bet online live casino Acquisition + Asset Sale，HNA Holdings seeks to improve operational efficiency

Author of this article: Xu Jingjing 2018-12-13

HNA Holdings discloses series of equity acquisition and asset sales plans，Involving the acquisition of Xinhua Airlines、Partial equity of Tianjin Airlines and 100% equity of Tianyu Flight Training，To enhance the company’s commitment to Xinhua Airlines、Control of Tianjin Airlines，Conducive to the improvement 188bet online live casino overall resource allocation and operational efficiency。simultaneously，The company plans to sell aircraft and hotel assets。

HNA Holdings disclosed a series of equity acquisition and asset sales plans on the evening of the 12th，Involving the acquisition of Xinhua Airlines、Partial equity of Tianjin Airlines and 100% equity of Tianyu Flight Training，To enhance the company’s commitment to Xinhua Airlines、Control of Tianjin Airlines，Conducive to the improvement 188bet online live casino overall resource allocation and operational efficiency。simultaneously，The company plans to sell aircraft and hotel assets。

Company Announcement，188bet online live casino plans to use 15.6.5 billion acquisition of Xinhua Airlines, a company-controlled subsidiary held by Jiaxing Xingsheng12.18% equity。After the transaction is completed，188bet online live casino will hold Xinhua Airlines 73.92% equity。

Announcement display，188bet online live casino plans to use 11.3.4 billion yuan acquisition of Tianjin Airlines, a company-controlled subsidiary held by Tianjin Chuangxin 8.55% equity。After the transaction is completed，188bet online live casino will hold Tianjin Airlines 95.82% equity。

Company representation，This acquisition of Xinhua Airlines、Minority interests of Tianjin Airlines，Enhanced 188bet online live casino’s commitment to Xinhua Airlines、Control of Tianjin Airlines，Conducive to improving 188bet online live casino’s overall operating efficiency and future profitability，Realizing the effective allocation of company resources and integrating the interests of parent and subsidiary companies，Further enhance 188bet online live casino’s core competitiveness。

Company Announcement，188bet online live casino plans to use 6.9.6 billion yuan to purchase Tianyu Flight Training 100 held by HNA Aviation Group Co., Ltd..00% equity。After the transaction is completed，Tianyu Flying Training will become a wholly-owned subsidiary of 188bet online live casino。

188bet online live casino’s purchase of Tianyu Flight Training’s equity will help 188bet online live casino extend to the upstream of the air passenger transport industry chain，Improving the layout of the aviation industry chain，Thus promoting the expansion of 188bet online live casino’s main air transportation business，Enhancing 188bet online live casino’s core competitiveness and overall business risk resistance。

simultaneously，To optimize the age structure of 188bet online live casino’s own fleet，Optimize the asset and liability structure，Enhance the flexibility of company operations，Comprehensive plan of 188bet online live casino and its subsidiary Shanxi Airlines 10.Sell B787 aircraft to HNA Tourism for 3.5 billion yuan、One B737 aircraft each。

Xinhua Airlines, 188bet online live casino’s holding subsidiary, plans to price 2.Sold its 35% stake in Yanjing Hotel to HNA Liquor Holdings for RMB 6.9 billion。Company representation，This transaction will help 188bet online live casino maximize its interests，In line with 188bet online live casino’s long-term development plan。

*Source of this article:Shanghai Securities News, author: Xu Jingjing, original title: "188bet online live casino acquisition + asset sale, HNA Holdings seeks to improve operational efficiency》.

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