HNA Group disclosed it’s controlled by a couple of charities as the acquisitive Chinese conglomerate whose overseas investments have come under scrutiny seeks to dispel concerns about its ownership structure, Bloomberg reports. Two charities named Cihang, one based in New York and the other in Hainan, own 52% of HNA Group, according to a company statement on Monday. Twelve HNA officials including founders Chen Feng and Wang Jian hold about 47.5%. The statement represents HNA’s most detailed disclosure about its ownership and comes as the group faces increasing scrutiny, and as it tries to purchase the hedge-fund firm of White House communications director Anthony Scaramucci. Bank of America Merrill Lynch has told investment bankers to stop working on transactions with HNA amid growing concerns about the group’s debt and ownership structure. Little is known about how the philanthropic organizations are managed and how votes are cast, though the company says its donations have reached tens of billions of yuan.