HNA Technology Co., Ltd. formerly known as Tianjin Tianhai Investment Co., Ltd. is a Chinese holding company which specialized in marine transportation services. However, in recent year it was most known as the investment vehicle of HNA Group to acquire American company Ingram Micro.[3] The shares of Tianhai Investment, A share and B share (Chinese stock terminology) were both listed in the Shanghai Stock Exchange.
History
The company was fined by China Securities Regulatory Commission in 2003 for delay to publish 2002 Annual Report.[4]
In 2015 Tianjin Marine Shipping was renamed to Tianhai Investment.[5]
In 2016, Tianhai Investment acquired Ingram Micro in a leveraged buyout, which the company borrowed a huge sum from the Agricultural Bank of China.[6]
In November 2017, as part of a planned reverse IPO, the listed company was proposed to rename to HNA Technology, namesake of its largest shareholder HNA Technology Group.[7]
According to an interview with a staff from parent company HNA Technology Group in 2019, HNA Technology had 11 ships to be sold, including Capesize cargo ships.[8] It was reported that the company had sold a ship Grand Amanda in 2018.[9]
External links
References
- http://static.sse.com.cn/disclosure/listedinfo/announcement/c/2018-01-25/600751_20180125_2.pdf Tianhai Investment, 25 January 2018, retrieved 30 January 2018^
- http://static.sse.com.cn/disclosure/listedinfo/announcement/c/2017-04-22/600751_2016_n.pdf Tianhai Investment, 22 April 2017, retrieved 31 January 2018^
- What do we know about Tianjin Tianhai, the company buying Ingram Micro? ARN, IDG Communications, 18 February 2016, retrieved 30 January 2018^
- http://www.csrc.gov.cn/pub/zjhpublic/G00306212/201104/t20110422_194686.htm China Securities Regulatory Commission, 21 January 2004, retrieved 30 January 2018^
- 上海航华船代客户服务中心. https://news.hsdhw.com/75250 海事快讯, 3 April 2015, retrieved 28 April 2018^
- Ingram Micro's Ratings Unchanged at 'BBB-' Following Merger Fitch Ratings, 6 December 2016, retrieved 19 July 2017^
- http://finance.sina.com.cn/stock/s/2017-11-28/doc-ifypacti8656969.shtml 市值风云, 27 November 2017, retrieved 28 April 2018^
- http://www.eworldship.com/html/2019/ShipOwner_0424/148780.html 国际船舶网, 24 April 2019, retrieved 20 May 2019^
- http://www.eworldship.com/html/2018/ShipOwner_1216/145497.html 国际船舶网, 16 December 2018, retrieved 20 May 2019^