October 19，HNA official website display，Chen Xiaofeng, son of current chairman Chen Feng, was appointed president of HNA Group，He previously served as deputy CEO of HNA Group。HNA Group Vice Chairman Zhang Ling no longer serves as President。

Chen Xiaofeng graduated from the University of Washington，And received a bachelor's degree in industrial engineering from the University of Washington。Joined HNA Group in 2012，Served as General Manager of the North American Affairs Management Center of HNA Group Co., Ltd.、President of HNA Group North America Co., Ltd.、Chairman and President of HNA Logistics (North America) Co., Ltd., etc.。

Except for changes in personnel，HNA Group also adjusts its organizational 188bet app download structure，Actively return to the main aviation business。Official website display，Currently, HNA Group’s only industrial segment is HNA Aviation，The previous HNA Logistics segment was cancelled。

Before 2017，HNA Group owns aviation、Industry、Capital、Basics、Seven major business sectors including logistics，Later adjusted to HNA Capital、HNA Technology、4 sections of HNA Travel and HNA Logistics。January this year，HNA Group only retains two segments: HNA Aviation and HNA Logistics。

HNA Group’s liquidity crisis remains unresolved。According to "HNA Group Corporate Bonds 2019 Semi-Annual Report"，During the reporting period，HNA Group’s net loss reaches 35.200 million yuan，Profit in the same period last year 41.700 million yuan；Net profit loss attributable to parent company 10.800 million yuan，181% decrease compared with the same period last year。Hainan Airlines name，Loss caused by disposal of assets in this period。

In terms of assets and liabilities，First half of 2019，HNA Group’s total assets are 9806.200 million yuan，Decreased by 8% compared to the same period last 188bet online sports betting year；Total liabilities reached 7067.300 million yuan，Decreased by 6% year-on-year。Asset-liability ratio 72.07%，Up 2% year-on-year。

End of reporting period，HNA Group’s short-term borrowings reached 950.7.1 billion yuan，Non-current liabilities due within one year reach 780.5.8 billion yuan。And the ending cash and cash equivalents balance is 406.0 billion yuan。

For the HNA crisis，Chairman Chen Feng once said，2019，HNA’s work focuses on two aspects，The first is to dispose of assets，Return to main business，Fundamentally resolve liquidity risks。The second one is to focus on the healthy development of the main aviation industry，Invest in the construction of Hainan Free Trade Zone (Port)，Implement aircraft maintenance、Airport construction、Major projects such as airspace optimization and international routes，Encrypted international routes，Actively promote the Airport Industrial Park、Duty-free and tourism infrastructure construction, etc.。

As the main business of HNA Group，Aviation business performance is stable。January-June 2019，HNA Holdings achieved 188bet app operating income of 350.3.5 billion yuan，Year-on-year growth of 6.36%。Among them，Realize transportation revenue 331.2.9 billion yuan，YoY growth 6.13%。

188bet app , author: Chen Xiaoshuang, original labelTitle: "Re-adjustment of HNA Group: Chen Xiaofeng, son of Chen Feng, is promoted to president，Cancel Logistics Group》.