YTCO(SH:600066) He Nan Ri Bao·2025-11-06 23:32Core Insights - The air cargo routes between China and Latin America are increasingly connecting the two regions, with China becoming the second-largest trading partner for Latin America, and bilateral trade growing for seven consecutive years [1] - In the first nine months of this year, Henan's import and export value with Latin America reached 68.56 billion yuan, a year-on-year increase of 10.5% [1] - The 20th anniversary of the first free trade agreement between China and Latin American countries has facilitated trade expansion, with companies benefiting from tariff reductions [2] Group 1 - The successful import of Peruvian cochineal red by Henan Zhongda Hengyuan Biotechnology Co., Ltd. utilized the China-Peru free trade agreement, resulting in a tax savings of 280,000 yuan due to the elimination of a 6.5% import tax [2] - Yutong Group has effectively converted policy benefits into tangible export orders, exporting 396 buses to Chile this year, a 55% increase year-on-year, establishing itself as the leading Chinese bus brand in Latin America [2] - Since 2005, China has signed and implemented bilateral free trade agreements with five Latin American countries, enhancing trade relations [2] Group 2 - The 18th China-Latin America Entrepreneurs Summit is seen as an opportunity for foreign trade enterprises to explore the "new blue ocean" in Latin America [3] - Zhengzhou Customs plans to enhance the application of rules, provide tariff consultation services, and deepen visa facilitation reforms to ensure that preferential tariff measures are effectively utilized by more enterprises [3]