Workflow
兴通股份:海南自贸港年底封关定档 子公司前瞻布局抢占先机

Group 1 - The policy of "one line open, two lines controlled, and free within the island" will be officially implemented, significantly increasing the proportion of imported "zero tariff" goods from 21% to 74%, enhancing trade freedom between Hainan and foreign countries while maintaining efficient connectivity with the mainland [1] - Xingtong Co., Ltd. has proactively established a wholly-owned subsidiary, Xingtong Shipping (Hainan) Co., Ltd., in June 2022, with a registered capital of 250 million RMB, to capitalize on the Hainan Free Trade Port policy [1] - Xingtong Shipping (Hainan) primarily engages in international bulk liquid hazardous goods transportation and has established 10 wholly-owned subsidiaries in Singapore and Hong Kong, with a total registered capital of approximately 160 million RMB, forming a global operational network [1][2] Group 2 - Currently, Xingtong Shipping (Hainan) and its subsidiaries operate 8 chemical tankers with a total deadweight tonnage of 130,600 tons and a total investment of about 1.3 billion RMB, focusing on international liquid chemical transportation across various regions [2] - The company has established stable partnerships with key local enterprises in Hainan, such as China National Offshore Oil Corporation and Yisheng Dahu Chemical Co., Ltd., which lays a solid foundation for business expansion post-closure [2] - With the upcoming closure operation of Hainan Free Trade Port, the company anticipates increased shipping demand due to more international trade and investment, and plans to leverage its platform to enhance profitability and market share in the international shipping sector [2]