HNA Group was founded in 1993. In the past two decades, it grew and prospered against the backdrop of China’s reform and opening up. Developed from a local aviation transportation operator to a conglomerate encompassing core divisions of aviation, holding, tourism, capital, logistics and EcoTech, HNA Group’s business outreach has expanded from Hainan Island— the South Sea Pearl to the globe, which has assets valued at over RMB 600 billion, and has 12 listed companies. In 2015, HNA Group reaps revenues of nearly RMB 190 billion and has nearly 200,000 employees worldwide. In July 2016, HNA Group was listed among Fortune 500 once again, ranking NO. 353 with annual revenue of approximately US $29.56 billion. The ranking rose by 111 position compared with last year.