Pacific American Corporation
Mr. Guoqing Chen, with his brother, Feng Chen, founded Hainan Airlines, now known as HNA Group, in 1993. In a mere 17 years, HNA Group has become a Fortune 500 company in China. Revenues in 2010 were over $13 Billion, making it No. 179 out the Fortune 500 Companies in China. HNA has been nominated as a Fortune 500 Company for 8 consecutive years. In 2015, HNA Group lands on the 2015 Fortune Global 500 for the First Time, ranking No. 464 with annual revenue of approximately US $25.6 billion. In 2016, HNA Group rises to No. 353 on the Fortune Global 500 list based on its revenue of US $29.56 billion. With business operations in more than 100 countries, HNA Group also provides nearly 200,000 jobs for society.
In addition to serving as a Founder of HNA Group, Chen Guoqing serves as Chairman of Pacific American Corporation (PAC), a company based in New York City. The company' business scope includes air transportation, airport management, hotel management, logistics, retail and real estate. Besides that, Mr. Chen also gets involved in many organizations. He is Vice Chairman of the China General Chamber of Commerce-U.S.A., Board of Trustees of China Institute, Board of Directors of Committee of 100, Board of Trustees of Asia Society and Founder of Asia Society Policy Institute.
For the past two decades, HNA Group has taken corporate social responsibility as one of its business development strategies. It holds the corporate culture of "do something for the society, and do something for others" and promotes social harmony with actions. To date, HNA Group has spent over RMB 1 billion in CSR activities. This included providing disaster rescue resources in Haiti, Yushu and Quzhou, establishing scholarships at ten universities, the establishment of centers in Qinghai, China and Central Africa for thousands of cataract patients, the Zhishan Well project set up to dig 100 wells for the underdeveloped areas of Hainan, Coastal defense forest construction in Hainan as part of an environmental protection program and so on. In 2016, HNA also makes a gift to Schwarzman College on the campus of Tsinghua University.
As a philanthropist himself, Mr. Chen Guoqing donated over RMB 2.2 million to build or rebuild Mingxin Colonial Elementary School in Mankang, Tibet, Guoqing Hope Elementary School in Yushu, Qinghai, Xuexiangwan Elementary School in Dazi, Tibet and Middle School Library in Zhanang, Tibet. In order to help the under-privileged youth in urban areas in China, Mr. Chen donated over RMB 600,000 to Bainian Vocational School and Dandalion School in Beijing and introduced foreign teaching resources such as China Institute and Dalton School to them. He's also active in contributing and helping victims of disastrous earthquakes, tsunamis and etc.