Jian Ning Kang

China Xinhua Airlines Group Co., Ltd. engages in the operation as an investment holding company with interest in aircraft repair and passenger and cargo transport services. Its business scope includes air passenger and cargo transportation business; service business related to air transportation; own real estate business; asset management; sale of aviation equipment, building materials, decorative materials, chemical products, electronic products, general merchandise, textiles, machinery, electronic equipment, and ferrous metals; advertising design, production, agency, and release; and design and produce print advertisements, using the "Xinhua Airlines" magazine to publish domestic and foreign advertisements. The company was founded on March 6, 1991 and is headquartered in Beijing, China.

Haihang Airlines Group Co. Ltd. engages in the management of investment in aviation transportation projects. Its business scope includes investment management of air transport related projects, capital operation management, asset trusteeship management, and airport terminal service and operation management. The company was founded on January 19, 2009 and is headquartered in Haikou, China.