海南航空控股股份有限公司临时公告：为控股子公司提供担保，金额达1.5亿元
公告要点摘要
- 担保对象：全资子公司海南天羽飞行训练有限公司
- 担保金额：人民币15,000万元（1.5亿元）
- 担保方式：连带责任保证
- 用途：天羽飞训与华夏金融租赁有限公司签署融资租赁合同，用于2台模拟机售后回租业务
- 担保余额：公司及控股子公司累计担保余额为346,435.10万元，占2025年度经审计归母净资产的65.80%
- 风险提示：本次担保金额（含本次）超过上市公司最近一期经审计净资产的50%
- 反担保：本次担保有反担保措施
- 公司对控股股东和实际控制人及其关联人无担保行为，担保余额为0、无逾期担保
公告详细内容
海南航空控股股份有限公司（以下简称“海航控股”或“公司”）于2026年5月27日发布临时公告，内容为公司为控股子公司海南天羽飞行训练有限公司（以下简称“天羽飞训”）向金融机构融资租赁提供担保，担保金额高达1.5亿元人民币。
担保背景与决策程序
天羽飞训与华夏金融租赁有限公司签署《融资租赁合同》，开展2台模拟机售后回租业务。海航控股作为全资母公司，与华夏金融租赁有限公司签署《保证合同》，为天羽飞训对华夏金融租赁所负全部债务承担连带保证责任，担保金额不超过1.5亿元人民币。
此次担保属于公司2026年度董事会及股东大会审议通过的互保额度内（总额度95亿元），无需另行提交董事会或股东会审议，授权期限至2026年12月31日止。互保额度分为资产负债率高于70%子公司80亿元、低于70%子公司15亿元，授权公司经营层在额度内办理具体担保手续。
被担保公司经营及财务情况
- 公司名称：海南天羽飞行训练有限公司
- 成立时间：2015年11月3日
- 注册资本：37,495.313万元
- 经营范围：飞行员、乘务员等航空相关人员培训，模拟机维护、维修，航空业务知识培训，飞行体验，模拟机备件售后支持，模拟机应用软件和视景机场开发销售，住宿服务，房屋租赁
- 主要财务指标（单位：万元）：
– 2026年1-3月资产总额：204,439.45
– 2026年1-3月负债总额：135,130.94
– 2026年1-3月资产净额：69,308.50
– 2026年1-3月营业收入：9,499.50
– 2026年1-3月净利润：2,205.17
– 2025年度资产总额：205,858.08
– 2025年度负债总额：138,696.75
– 2025年度资产净额：67,161.33
– 2025年度营业收入：40,834.82
– 2025年度净利润：14,798.37
担保合同主要条款
- 债权人：华夏金融租赁有限公司
- 保证人：海南航空控股股份有限公司
- 保证方式：连带责任保证
- 担保范围：主合同项下全部债务，包括到期租金、未到期租金、押金、提前终止费、留购价款、违约金及其他应付款项，以及除金钱支付外的其他义务（不含实现债权的费用）
- 保证期间：主合同生效之日起至所有债务履行期限届满后三年止。债务展期需保证人书面同意，保证期相应延长。分期履行债务则每期到期后三年止。
- 租赁本金：1.5亿元人民币，以实际发生为准
风险提示与影响
本次担保金额（含本次）已超过上市公司最近一期经审计净资产的50%，属于重大财务事项。虽然天羽飞训为公司全资子公司，经营管理和财务状况由母公司绝对控制，具备正常的债务偿还能力，担保风险整体可控，但高担保比例可能对公司资本结构、流动性及未来融资能力产生影响，投资者需关注公司整体担保风险及未来经营状况。
累计担保情况
- 公司及控股子公司累计对外担保余额：346,435.10万元，占2025年度经审计归母净资产的65.80%
- 控股股东及实际控制人及关联人担保余额：0万元
- 无逾期担保情况
董事会意见
董事会及股东大会已授权公司经营层在互保额度内办理具体担保手续，无需再次审议，本次担保完全符合2026年度授权额度及程序。
投资者须关注的事项
- 本次担保金额巨大，已超过净资产50%，为公司重大财务事项，潜在影响公司资本结构和风险水平，具有一定股价波动可能。
- 控股子公司经营稳定，财务状况良好，担保风险总体可控。
- 公司无对控股股东及关联人担保行为，无逾期担保。
- 建议投资者持续关注公司担保事项进展、子公司经营状况及整体风险控制能力。
免责声明
本文仅基于公司公开披露临时公告整理，不构成投资建议。投资者需结合自身风险偏好、市场情况及公司整体经营状况，谨慎决策。公司担保事项可能影响公司资本结构及未来经营风险，投资者应持续关注相关信息动态。
Hainan Airlines Holding Co., Ltd. (HNA Holding) Announcement: Details on Guarantee Provided to Subsidiary
Key Points
- Guarantee Target: Wholly-owned subsidiary Hainan Tianyu Flight Training Co., Ltd.
- Guarantee Amount: RMB 150 million
- Guarantee Type: Joint liability guarantee
- Purpose: Tianyu Flight Training signed a financial leasing contract with Huaxia Financial Leasing Co., Ltd. for sale-and-leaseback of two simulators
- Total Guarantee Balance: RMB 3,464.351 million, accounting for 65.80% of 2025 audited net assets
- Risk Alert: This guarantee (including this time) exceeds 50% of the latest audited net assets
- Counter-guarantee: There is a counter-guarantee arrangement
- No guarantees for controlling shareholders or related parties, no overdue guarantees
Details
On May 27, 2026, Hainan Airlines Holding Co., Ltd. (HNA Holding) issued a temporary announcement: the company will provide a RMB 150 million guarantee for its wholly-owned subsidiary Hainan Tianyu Flight Training Co., Ltd. to facilitate financial leasing with Huaxia Financial Leasing Co., Ltd. for two simulators.
Background and Decision Process
Tianyu Flight Training signed a financial leasing contract for two simulators with Huaxia Financial Leasing Co., Ltd. HNA Holding, as the parent company, signed a guarantee contract undertaking all debts arising from this contract, up to RMB 150 million. The guarantee falls within the RMB 9.5 billion mutual guarantee quota approved by the board and shareholders for 2026 (RMB 8 billion for subsidiaries with debt ratio over 70%, RMB 1.5 billion for those under 70%). The company’s management is authorized to handle guarantee matters within this quota until December 31, 2026.
Subsidiary Financials
- Name: Hainan Tianyu Flight Training Co., Ltd.
- Founded: November 3, 2015
- Registered capital: RMB 374.95313 million
- Business scope: Training for pilots, flight attendants, simulator maintenance, aviation business knowledge training, flight experience, simulator spare parts support, software and airport visualization development and sales, accommodation, property leasing
- Key financials (RMB million):
– Q1 2026: Total assets 2,044.3945, liabilities 1,351.3094, net assets 693.085, revenue 94.995, net profit 22.0517
– 2025: Total assets 2,058.5808, liabilities 1,386.9675, net assets 671.6133, revenue 408.3482, net profit 147.9837
Guarantee Contract Terms
- Creditor: Huaxia Financial Leasing Co., Ltd.
- Guarantor: HNA Holding
- Guarantee type: Joint liability
- Scope: All debts under main contract, including rent, deposits, termination fees, purchase price, penalties, and other obligations except enforcement costs
- Guarantee period: From contract effective date to three years after all debts expire; if extended, with written consent, guarantee period adjusts
- Principal: RMB 150 million, subject to actual occurrence
Risk and Impact
The guarantee amount (including this time) already exceeds 50% of the company’s latest audited net assets, making it a significant financial event. Although the subsidiary is wholly owned and under full control, and its financial status is stable, the high guarantee ratio may affect HNA’s capital structure, liquidity, and future financing capabilities. Investors should pay attention to overall guarantee risks and future operations.
Total Guarantee Situation
- Total guarantee balance: RMB 3,464.351 million, 65.80% of 2025 audited net assets
- No guarantees for controlling shareholders or related parties
- No overdue guarantees
Board Opinion
The board and shareholders authorized management to handle guarantees within the mutual guarantee quota for 2026; no further approvals required. The guarantee is fully compliant with authorized limits and procedures.
Investor Alerts
- This guarantee is significant and exceeds 50% of net assets, which may affect the company’s capital structure and risk profile, with possible impact on share price.
- The subsidiary is stable and under full control; risks are manageable.
- No guarantees for controlling shareholders or related parties; no overdue guarantees.
- Investors should monitor further developments, subsidiary operations, and risk management.
Disclaimer
This article is based solely on publicly disclosed temporary announcements and does not constitute investment advice. Investors should assess their risk tolerance and market conditions, and pay close attention to the company’s guarantee risks and future operations.
