XINYA(SH:605277) Zheng Quan Ri Bao Wang·2026-01-15 07:45Core Viewpoint - Xinya Electronics plans to invest up to 200 million yuan to establish a wholly-owned subsidiary in Hainan, aiming to enhance global layout, achieve business synergy, and leverage the advantages of Hainan's free trade port policies to optimize resource allocation and strengthen its overall competitiveness [1] Group 1: Investment and Strategic Goals - The establishment of the subsidiary is part of Xinya Electronics' strategy to deepen its global presence and optimize resource allocation [1] - The investment is expected to enhance the company's competitiveness by utilizing the favorable policies of Hainan's free trade port [1] Group 2: Industry Context and Benefits - Xinya Electronics operates in the cable industry, producing various types of cables including consumer electronics, industrial control, automotive, communication, and new energy cables [1] - Experts believe that the decision to set up a subsidiary in Hainan is influenced by multiple factors, including regional policy benefits, industry upgrade demands, and global supply chain optimization [1] Group 3: Tax and Cost Advantages - Hainan's low corporate income tax rate is expected to significantly reduce operating costs for capital-intensive cable manufacturing companies, thereby enhancing profit margins [1] - The "zero tariff, low tax rate, and simplified tax system" policies in Hainan can lower procurement costs for raw materials, which are often imported, thus improving product price competitiveness [1] Group 4: Supply Chain and Market Access - Hainan's trade facilitation measures are anticipated to shorten the customs clearance time for raw material imports and product exports, which is crucial for timely delivery of cable orders [1] - The international hub status of Hainan is expected to help Xinya Electronics connect with Southeast Asia and global markets as the cable industry transitions from low-end manufacturing to high-end, intelligent production [1] Group 5: R&D and Emerging Markets - The establishment of the subsidiary will support Xinya Electronics' research and market expansion in emerging fields such as new energy vehicle cables and humanoid robot cables [1][2] - The high technical requirements for cables in the new energy vehicle and humanoid robot sectors necessitate advanced customization capabilities, which the Hainan free trade port's R&D subsidies can support [2] Group 6: Collaboration and Ecosystem Development - Hainan's offshore trade policies facilitate cross-border capital flow and international settlement, enabling Xinya Electronics to establish localized service networks in overseas markets [2] - The industrial agglomeration effect in Hainan, with many key parks attracting new energy and high-end manufacturing enterprises, allows Xinya Electronics to collaborate within the industry chain, enhancing technology synergy and market sharing [2]