According to the previous public commitment, the 14.98% of HNA Group shares held by Wang Jian will be donated to Hainan Cihang Public Welfare Foundation, the charitable organization of HNA.(Xinhua News Agency)

(Paris/Beijing News) In the past few years, the co-founder and chairman of HNA Group, the co-founder and chairman of HNA Group Co., Ltd., who bought many assets around the world, died in a bizarre accident in France, which has attracted widespread attention from the Chinese and international media.

According to the obituary published on HNA's official website, the 57-year-old Wang Jian accidentally fell and was seriously injured when he went to Provence for an official inspection.

Based on reports from The New York Times, Reuters, and Bloomberg, the local police said that Wang Jian fell from a low wall while visiting a church in Bonnieux. The police treated Wang Jian's death as an accident.

Colonel Hubert Meriaux of the gendarmerie in Vaucluse said in a telephone interview that Wang Jian wanted someone from his team to take his picture, but when he climbed a low wall, he looked back.I fell over and fell 10 to 15 meters below.

Some sources also said that Wang Jian tried to climb a low wall to watch the scenery and take pictures. Since he failed the first time, he took a run-up. After jumping on the wall, he lost his balance due to his own momentum and fell off the cliff behind the wall., fell 10 meters.

The restructuring plan of HNA Group and its affiliated companies is expected to start all over again

Forbes once estimated Wang Jian's personal wealth at US$1.7 billion (S$2.3 billion).According to the Beijing Daily WeChat public account Chang’an Street Governor’s report, according to the previous public commitment, Wang Jian’s 14.98% of HNA Group’s shares will be donated to Hainan Cihang Charity Foundation, a charitable organization of HNA.

HNA has spent tens of billions of dollars to acquire financial companies, hotels, real estate and other assets around the world in recent years, but it has been facing serious unbalanced debt problems since then.Sell assets and raise funds.

Since the beginning of this year, HNA Group has disposed of more than US$14 billion in assets.

Fang Huating, CEO of Crucial Perspective, a Singapore-based transportation research company, said that Wang Jian's death will mark the end of the era of HNA Group's crazy expansion, and the restructuring plan of HNA Group and its affiliated companies will also start from scratch.

According to the official website of HNA Group, Wang Jian graduated from the Civil Aviation University of China (formerly known as Civil Aviation College of China) majoring in business management in 1983, and received a bachelor's degree in aviation business management from the Department of Economics and Management;Master's degree; started his career in the field of aeronautical planning in 1983.

Since its establishment in 1993, HNA Group has developed from a single local air transport enterprise to a multinational enterprise group.Wang Jian is considered to be one of the two most core leaders of HNA Group. HNA’s official evaluation of Wang Jian is that he played a leading role in the 25-year development of HNA Group.