FilingReader Intelligence
Hainan Airlines provides 28bn yuan guarantee for subsidiary aircraft
August 25, 2025 at 10:25 AM UTC•By FilingReader AI
Hainan Airlines Holding will provide a guarantee of up to 28.07 billion yuan for subsidiary Urumqi Air's acquisition of a C909 aircraft via financial lease.
The guarantee exceeds 100% of Hainan Airlines' latest audited net assets. Urumqi Air's asset-liability ratio exceeds 70%.
Hainan Airlines' total external guarantee balance stands at 246.26 billion yuan, representing 108% of its 2024 audited net assets.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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