HNA Group and GLP Announce New Strategic Alliance

HNA Group | 2018-03-05

Companies forge alliance to create a world leading global logistics network, offering customers across Asia and the world a more responsive and efficient service

SANYA, Hainan, China, Feb 26 2018: HNA Group Chairman Wang Jian and Ming Z Mei, co-founder and CEO of GLP met in Sanya today to announce a new strategic alliance that leverages each company’s strengths and assets to establish a world leading global logistics network, offering customers across Asia and the world a more responsive and efficient service.

Caption: The management teams of HNA Group and GLP meet in Sanya to announce alliance creating a world leading global logistics network

The collaboration will include a joint fund platform centered around investment and operation in aviation logistics infrastructures, as well as financial services and whole scale joint investments in all areas of the modern logistics value chain. The signing of the agreement allows HNA and GLP to combine their respective strengths and resources for the benefit of both parties and is sure to have a profound effect on the global logistics industry as a whole.

HNA Group Chairman Wang Jian said, “HNA Group’s partnership with GLP is another important step in HNA’s mission to build our logistics platform, one of our key areas of focus along with aviation, tourism and financial services. This agreement allows HNA to continue to expand its services in all levels of the logistics value chain, utilizing the most technologically advanced systems available and cementing its position as a globally focused, industry-leading provider of high value logistics and supply chain management.”

Ming Z Mei, co-founder and CEO of GLP said, “Aviation logistics has always been an important part of GLP’s global logistics network and this agreement with HNA Group will greatly help GLP to increase the scale and growth of our aviation logistics operations globally. The joint efforts of our two companies to establish fund management platforms and co-operate closely in areas such as aviation logistics infrastructure, industrial parks, supply chain finance and the whole range of aviation logistics services will be a powerful combination. This agreement allows both parties to play to their respective strengths and grow our businesses globally, to build an advanced and comprehensive logistics network across the globe together.”