Chen has been detained by provincial authorities in China, according to a company announcement on Friday September 24 2021, in connection with suspected, though unspecified, crime. HNA, which diversified from its core airline business to purchase stakes in companies ranging from Deutsche Bank to electronics distributor Ingram Micron in an investment spree reportedly totaling $50 billion, has been under a government-supervised restructuring this year following financial stress. HNA Group CEO Adam Tan was also detained. Chen Feng, male, born in June 1953, in Huozhou, Shanxi province, senior economist, and government special allowance winner approved by the State Council in October 1994. In August 2004, he was certified for the 1st wave senior professional manager issued by China Enterprise Confederation (CEC) and China Enterprise Directors Association (CEDA). In 1984, Mr. Chen graduated from Lufthansa College of Air Transportation Management in Germany; in 1995 gained MBA from Maastricht School of Management in the Netherlands, and in 2002 pursued the advanced studies of senor management in Harvard Business School. Mr. Chen Feng worked many years in CAAC and the National Air Regulations Bureau, and later acted as the Aviation Business Assistant to Provincial Governor in Hainan province, in charge of the establishment of Hainan Provincial Airlines. At present, Mr. Chen Feng is Chairman of the BoD of HNA Group.