A restructuring agreement for Huangguoshu Tourism Group has been signed in Guiyang with HNA Group becoming the largest shareholder of with 50% of the group's shares and launching a CNY10 billion tourism program to build Huangguoshu National Park.
The agreement was signed between HNA Guizhou Investment Development Company, Guizhou Park Hotel International Convention Center, and Anshun State-Owned Assets Management Company with holdings of 50%, 25%, and 25% respectively.
The new Huangguoshu Tourism Group will be the main operating entity for the construction of Huangguoshu National Park. The park will cover 120 square kilometers with 12 scenic spots and areas; including Huangguoshu, Longgong, Guangling Fossil Park, and Baling River Bridge.
HNA Group will also construct an HNA base in Huangguoshu Airport in due course. In the near future it will launch aviation services including charter flights from Anshun to Tianjin, Shanghai, Guangzhou, Xi'an, Chengdu, and Changsha.