Grand China Airlines Co., Ltd., the controlling shareholder of HNA, reduced its holdings through centralized bidding on the Shanghai Stock Exchange1.6.2 billion shares，Shares reduced by 0.96%，The shareholding ratio after the equity change is 23.31%。

As of the date of this announcement，Shareholder Grand China Airlines completed the transaction through centralized bidding on the Shanghai Stock Exchange1.Reduction of 6.2 billion shares，Grand China Airlines held 24 shares before the equity change.28%，The shareholding ratio after the equity change is 23.31%。

Announcement display，The price range of this reduction is 1.70-1.86 yuan/share，This time the reduction of holdings is about 2.9.1 188bet online sports betting。

The company’s third quarter report of 2019 shows，The company’s net profit attributable to shareholders of listed companies in the first three quarters of 2019 was 6.1.2 188bet online sports betting，Decreased by 16% compared with the same period last year.07%。

It is reported，To promote the stability of capital flows，Hainan Airlines also applied for bank loans many times。December 2，China Development Bank takes the lead，HNA Holdings applied for a 4 billion loan from 8 banks，Application for bank loan this time，HNA Group Co., Ltd.、Chen Feng、Tan Xiangdong has provided joint liability guarantee。December 13，HNA Holdings issued another announcement，Plan to apply for a total loan of 4 188bet online sports betting from China Development Bank Hainan Branch。