Hainan Nongyuan Investment Co., Ltd. announced that it will receive CNY 1,000,000,000 in a equity round of funding on April 4, 2024. The transaction will include participation from returning investor Hainan Airlines Holding Co., Ltd. for CNY 706,759,066.88, and new investor Hainan Island Airport Industry Group Co., Ltd. for CNY 293,240,933.12. This has been approved in the 21st meeting of the 10th Board of Directors of the Hainan Airlines Holding Co., Ltd. The registered capital of the company will increase from CNY 1,000,000,000 to CNY 2,000,000,000.

Post-completion, Hainan Airlines Holding Co., Ltd. will hold 85.3338% stake, and Hainan Island Airport Industry Group Co., Ltd. 14.662% stake in the company.