- Business
- HNA Technology Co., Ltd. (600751.SS) operates as a diversified shipping and commodity trading company primarily engaged in international dry bulk shipping and related upstream and downstream commodity trade businesses. The company provides dry bulk shipping services along routes in Southeast Asia, Australia, and the Americas; international short-sea and domestic coastal container liner transportation; shipping agency and freight forwarding; commodity trading in non-ferrous metals such as copper and agricultural products; logistics and warehousing; supply chain management; investment management; property management; and scientific research, technical, agency, and information technology services. Founded in 1992 and headquartered in Tianjin, China, at No. 143 Chongqing Road, Heping District, it conducts operations principally in China with international reach in Asia Pacific, Europe, Middle East, Africa, North America, and Latin America, employing 93 staff as of the latest reports. In recent developments, HNA Technology entered a copper supply cooperation framework agreement with CWT International's subsidiary for metal products sourced from Africa, South America, Australia, and Canada to be marketed in China, boosting its shares nearly 10%; announced plans to acquire six bulk carriers for US$106 million from entities including Vanhui Resources (HK) to expand its fleet; and reported revenue growth in shipping to CNY 562 million and commodity trade to CNY 548 million in 2024, reflecting a strategic shift from prior electronic product distribution focus following the 2018 name change from Tianjin Tianhai Investment Co., Ltd. and the earlier divestiture of Ingram Micro to Platinum Equity.