SNIBE(SZ:300832) Ren Min Ri Bao·2025-11-07 22:43Core Points - The establishment of the one-stop aircraft maintenance industrial base in Hainan Free Trade Port has significantly enhanced the region's capabilities in aircraft repair, servicing nearly 2,400 aircraft since its opening in 2022 and attracting around 50 domestic and international airlines [1][2] - The Chinese government emphasizes the importance of Hainan Free Trade Port as a key gateway for the country's new era of opening up, aiming to create a modern industrial system with Hainan characteristics [1][3] - The base has successfully attracted international clients, with companies like VietJet Air and Qatar Airways increasing their business due to the efficient services and favorable policies provided by the free trade port [2][3] Summary by Sections Aircraft Maintenance Industrial Base - The one-stop aircraft maintenance industrial base has completed over 2,400 aircraft repairs since its launch in 2022, with a maintenance plan extending to 2026 [1] - The base has gained international recognition, securing its first international business in October 2022 by servicing an Airbus A320 [1][2] Policy Support and Efficiency - The free trade port's policies have led to a 10% to 15% reduction in comprehensive maintenance costs, with benefits such as tax exemptions on imported materials and expedited customs processes [2][3] - The establishment of a bonded "material supermarket" has ensured a sufficient supply of necessary parts, enhancing repair efficiency [2] Industry Ecosystem Development - The industrial ecosystem around the aircraft maintenance base is evolving, with companies like Jinas Aviation Engine Maintenance significantly improving their capabilities, including testing for major engine types [3] - The Hainan Free Trade Port has implemented zero-tariff policies for importing maintenance materials and production equipment, facilitating the growth of a comprehensive aviation industry chain [3] Future Prospects - The upcoming full closure operation of Hainan Free Trade Port on December 18 will further enhance international connectivity and business opportunities for the aircraft maintenance industry [4] - The continuous improvement of the business environment and policy implementation is expected to attract more global resources and foster the growth of modern industries in the region [5]