HNA investment to terminate major asset restructuring core medical assets listed and then stranded

On October 30, HNA Investment announced that the company had previously been involved in a major asset restructuring involving a 100% stake in Beijing Freshman Medical Investment Management Co., Ltd. (hereinafter referred to as Xinsheng Medical) and a 70% stake in Hainan Cihang International Hospital Co., Ltd. (hereinafter referred to as Cihang Hospital), which was terminated because the restructuring plan did not yet have the conditions and timing to complete.
"Daily Economic News" reporter noted that the termination of the restructuring plan contains the underlying assets, previously in Hainan Global Education and Medical Industry Investment Management Co., Ltd. (hereinafter referred to as HNA Education and Medical) system, the company is the HNA Group layout of the medical and health industry leader, set up only a year and a half. As a core asset of the nascent medical, in 2017 was also HNA investment in the proposed acquisition of additional assets, but the application was eventually withdrawn.
with the end of the restructuring, HNA Group's plan to put the core assets of the healthcare sector into its listed company system has again stalled.major asset restructuring planning for 8 months
HNA investment planning 8 months of major asset restructuring was finally terminated. On the evening of October 30, HNA Investment announced that the major asset restructuring plan involving 100% equity in Xinsheng Medical and 70% stake in Cihang Hospital had been terminated due to the lack of completion conditions and timing, and faced greater uncertainty.
January 24 this year, HNA investment due to the controlling shareholder planning related to the company's major matters, the stock began to suspend trading. From February 7, the company's major matters transferred to the major asset restructuring procedures continue to be suspended.
March 23rd, HNA Investment disclosed for the first time the contents of a major asset restructuring, and the underlying assets to be traded are mainly new medical care. The latter is mainly engaged in investment and industrial operations related to the medical industry, is the same controlling company's HNA Asset Management Group Co., Ltd. (hereinafter referred to as HNA Assets) subsidiary.
April 9, HNA Investment announced further details of the company's major asset restructuring, New Medical is in the process of business consolidation and restructuring, HNA Education Medical intends to adjust the equity of some of its subsidiary medical and large health assets to New Medical.
The main assets covered by Freshman Medical include medical assets under the HNA Education Medical Company System, such as HNA Doctor (Beijing) Medical Management Co., Ltd. (hereinafter referred to as HNA Doctor), Beijing Cihang Huize Pharmaceutical Co., Ltd. (hereinafter referred to as Huize Pharmaceuticals) and Beijing Yulian Meihui Outpatient Department Co., Ltd. (hereinafter referred to as UY Outpatient).
same time, HNA's proposed targets for the deal include Beijing Haiyun Holiday Sports and Fitness Co., Ltd., a controlling stake in an overseas education group, Tianjin Derong Hospital Co., Ltd. and Tianjin Modern Harmony Hospital. Since then, HNA's list of proposed transactions for major asset restructuring has continued to grow, with the emergence of a domestic pharmaceutical company and Beijing Shengshi Chinese Supply Chain Management Co., Ltd.
before HNA's investment announced the termination of a major asset restructuring involving a 100 per cent stake in Xinsheng Medical and a 70 per cent stake in Cihang Hospital, it said on July 18 that the six companies were no longer included in the proposed asset range.'s previous unsuccessful acquisition of
HNA Group's large health sector business has recently attracted attention. HNA Group intends to put the core assets of the medical sector into HNA investment has not been effective, this is only a year and a half away from the last HNA Group system of medical sector business integration.
21, 2017, HNA Education and Medical was established. According to the official website of the Beijing Yulian Health Management Center, HNA Education And Medical is located in HNA Industrial Core Enterprise, relying on HNA Group's capital advantages and resource integration capabilities, through the optimal allocation of resources between industries, to build a comprehensive industrial investment and asset management platform with health care, education and training and old-age services as the pillars of the three major industries.
, HNA Education and Medical co-financed the construction of Hainan's first Sino-foreign joint venture general hospital, Hainan Cihang International Hospital is scheduled to open in April 2019. In Beijing, HNA Education and Medical's Beijing Yulian Hospital and Yulian Health Management Center have been opened.
"Daily Economic News" reporter noted that HNA Group in 2010 set up Hainan HNA Health Care Industry Investment Management Co., Ltd., to test the field of water health care, and this company is now HNA's predecessor in education and medical care.
, this is not the first time HNA investment has tried to buy HNA Group's large health care sector assets. As early as 2015, HNA Had planned to buy a 100% stake in New Medical for 2,925 million yuan through a non-public offering of shares. But at the end of 2017, the company terminated its non-public offering of shares.
October 31, the reporter called HNA Investment, ready to inquire whether its follow-up with HNA Group medical sector restructuring plans, but as of the time of writing, the phone has not been connected. (Daily Economic News)