| HNA Technology | |
| Type: | Listed |
| Hq Location City: | Tianjin |
| Hq Location Country: | China |
| Net Income Year: | 2016 |
| Assets Year: | 2016 |
| Equity Year: | 2016 |
| Subsid: | Ingram Micro |
| Footnotes: | in consolidated financial statement[1] |
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.[2] The shares of Tianhai Investment, A share and B share (Chinese stock terminology) were both listed in the Shanghai Stock Exchange.
The company was fined by China Securities Regulatory Commission in 2003 for delay to publish 2002 Annual Report.[3]
In 2015 Tianjin Marine Shipping was renamed to Tianhai Investment.[4]
In 2016, Tianhai Investment acquired Ingram Micro in a leveraged buyout, which the company borrowed a huge sum from the Agricultural Bank of China.[5]
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.[6]
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.[7] It was reported that the company had sold a ship Grand Amanda in 2018.[8]