Core Insights - The establishment of a customs regulatory policy system in Hainan Free Trade Port is progressing, ensuring smooth operations post-closure [1][2] - The "zero tariff" policy is being expanded, allowing goods from mainland ports to benefit from this policy when transiting to Hainan [1][2] - The customs management will adopt a "smart + credit" regulatory model, enhancing efficiency and reducing inspection frequency for certified enterprises [2] Customs Regulatory Policies - A total of five customs regulatory measures have been issued by the General Administration of Customs, with 11 additional measures from Haikou Customs to support the new policies [1] - The number of declaration items for "zero tariff" goods has been simplified from 105 to 33, facilitating easier customs clearance [2] - The management of "zero tariff" goods and their processed products within the free trade port will allow for unrestricted storage without a time limit [2] Operational Efficiency - The customs will implement more precise and efficient management for goods leaving the island, focusing on "zero tariff" and goods benefiting from processing and value-added policies [2] - The regulatory framework will continue to support three special customs supervision areas and maintain bonded policies [1]

Group 1 - Hainan Free Trade Port has attracted significant global investor interest, with actual foreign investment increasing by over 40% year-on-year in the first three quarters of this year [1] - From January to September, Hainan established 1,513 new foreign-funded enterprises, a year-on-year increase of 12.16%, with actual foreign investment reaching 18.368 billion yuan, up 42.2% [1] - The establishment of Hainan Lausanne Tourism University and the opening of a subsidiary by Sonova Group in Boao Lecheng International Medical Tourism Pilot Zone highlight the growing foreign investment in Hainan's education and healthcare sectors [1] Group 2 - The 2025 Hainan Free Trade Port Globalization Conference resulted in 20 companies from various sectors, including Ipsos from France, signing agreements to establish operations in Hainan [2] - Hainan is actively promoting its "Investment Free Trade Port" brand and has been conducting high-profile investment promotion activities to attract foreign capital [2] - The upcoming closure operation of Hainan Free Trade Port has led to increased interest from investors looking to capitalize on new development opportunities [2]

Group 1: Company Overview - Hainan Strait Shipping Co., Ltd. was established in 2002 and listed on the Shenzhen Stock Exchange in 2009, laying the foundation for rapid development [2] - In 2017, the company expanded its business to port services by acquiring ferry terminal assets [2] - The company completed resource integration in the Qiongzhou Strait in 2021, enhancing transportation service capabilities [2] - By 2025, the company plans to acquire 100% of COSCO Shipping Passenger's shares, increasing its roll-on/roll-off vessel fleet to 66, ranking first globally [2] Group 2: Business Operations - The company primarily operates passenger and cargo transportation services in the Qiongzhou Strait and Bohai Bay, with routes including Haikou to Hai'an, Yantai to Dalian, and Sanya to Xisha [2] - Revenue is generated through shipping fees and port service operations, with a focus on developing unique products for tourism routes to enhance overall income [2] Group 3: Market Opportunities - The upcoming closure of Hainan's free trade port in 2025 is expected to increase passenger and vehicle flow, with the company planning to invest in new vessels and routes to meet demand [3][5] - The implementation of favorable tax policies in Hainan will lower operational costs and attract more investors, contributing to predictable growth in passenger and vehicle traffic [5] - Infrastructure improvements, such as the completion of the circular island tourism road, are anticipated to boost the company's core business by attracting self-driving tourists [5] Group 4: Dividend Policy - The company aims to provide stable dividend returns to shareholders while ensuring sustainable development, considering profitability, cash flow, future investment plans, and shareholder expectations [4] Group 5: Tourism Services - The Sanya to Xisha tourism route operates with the "Xianglong Island" vessel, offering a four-day, three-night experience with activities on various islands [6] Group 6: Disclosure Information - The investor relations activity did not involve any undisclosed significant information [7]

Group 1 - The Hainan Province Xianning Chamber of Commerce has played a significant role in promoting investment and economic exchanges between Hainan and Xianning, achieving notable results in recent years [1] - The new president of the chamber, Kong Xiangfu, aims to unite local entrepreneurs to enhance economic and cultural cooperation between the two regions, especially during the critical phase of Hainan's free trade port operations [1] - The chamber has established a regular communication mechanism to facilitate two-way cooperation, focusing on attracting businesses back to Xianning and promoting Xianning products in Hainan [1] Group 2 - During the conference, Xianning city officials presented the latest industrial development policies, business environment, and talent needs, inviting entrepreneurs to invest and collaborate [2] - The chamber serves as an important platform for communication and cooperation among entrepreneurs, contributing positively to regional economic and social development [2] - The Hainan Federation of Industry and Commerce has actively organized business association leaders to promote Hainan's free trade port policies through various engagement activities [2]

Core Viewpoint - China Duty Free Group (中国中免) shares rose nearly 6% in early trading, reflecting positive market sentiment driven by government support for Hainan Free Trade Port and favorable policies for duty-free shopping [1] Group 1: Financial and Market Performance - As of the report, China Duty Free Group's stock price increased by 3.57%, reaching HKD 62.45, with a trading volume of HKD 1.28 billion [1] Group 2: Government Policy and Economic Development - On October 26, the Governor of the People's Bank of China, Pan Gongsheng, reported on financial work, emphasizing the importance of financial support for the Hainan Free Trade Port's operations and high-quality development [1] - The full closure operation of Hainan Free Trade Port is in its final stages and is set to officially launch on December 18 of this year [1] Group 3: Industry Insights - CITIC Securities released a report indicating that recent adjustments to the duty-free shopping policy for outbound travelers in Hainan are beneficial for duty-free sales [1] - The report noted a year-on-year improvement in recent duty-free sales data, and the upcoming full closure of Hainan is expected to enhance the overall development of the tourism retail market in Hainan [1]

Core Viewpoint - China Duty Free Group (中国中免) shares rose nearly 6% in early trading, reflecting positive market sentiment driven by government support for the Hainan Free Trade Port and favorable adjustments to duty-free shopping policies [1] Group 1: Company Performance - As of the report, China Duty Free Group's stock price increased by 3.57%, reaching HKD 62.45, with a trading volume of HKD 128 million [1] Group 2: Industry Developments - The People's Bank of China Governor Pan Gongsheng reported on financial support for the Hainan Free Trade Port, emphasizing its high-quality development and the imminent full closure operation set to start on December 18 this year [1] - CITIC Securities noted that recent adjustments to the duty-free shopping policy for outbound travelers are expected to benefit duty-free sales significantly, with recent data showing a year-on-year improvement in sales [1] - The full closure of Hainan is anticipated to enhance the overall development of the tourism retail market in Hainan, prompting a recommendation to actively monitor the duty-free sector [1]

推进自贸港法规体系建设包括统筹用好海南自贸港法规、经济特区法规和一般地方性法规制定权， 加强重点领域、新兴领域、涉外领域立法，加快推进封关运作前后急需的立法项目。 开展自贸港法规立法后评估包括依法对已出台的重要自贸港法规或法规中的重要条款开展立法后评 估，重点评估法规的针对性、可操作性、实施成效及存在问题，形成评估报告并提出修改完善建议。 全面推行自贸港法规实施情况报告制度包括对实施满两年的海南自贸港重点法规，通过听取实施单 位的汇报、专题调研等方式推动法规有效实施。 聚焦自贸港封关运作重点工作开展监督包括将督促省"十五五"规划编制，确保规划目标任务与自贸 港建设任务衔接;聚焦封关运作相关重点资金安排使用、财政资金绩效加强审查监督;聚焦封关运作后续 制度衔接、政策落地、风险防控等长远问题，制定监督工作计划，以精准有效的监督服务保障自贸港建 设。 开展自贸港封关运作调研包括紧扣封关运作后经济社会运行情况，重点围绕自贸港政策红利向产业 发展动能的转化效果、核心政策制度的落地与衔接情况等深入一线调研。 开展"人大代表为自贸港封关献策献力"活动包括依托全省各级人大代表联络站(点)，通过专题讲 座、互动问答、案例解读等 ...

定点交互推动政企良性互动。海南将在海南官方宣传平台开设企业声音"回音壁"专栏，定点收集企业对 于自贸港建设的诉求建议并分类跟进。对于当下可解决的诉求建议，第一时间转职能部门办理；对于需 要研究突破的诉求建议，将纳入自贸港建设年度重点工作积极谋划争取。 海南开通企业"政策直通车" 密切政企互动迎封关 中新网海口10月28日电 (记者 王子谦)海南自贸港即将于今年12月18日启动全岛封关运作，这一标志性 节点受到中外企业关注。为提升营商环境，海南28日开通企业"政策直通车"机制，密切政企互动迎接封 关运作。 何谓企业"政策直通车"？海南省委深改办(自贸港工委办)交流协作处(国际合作处)处长齐静文当天在海 南自贸港企业"政策直通车"(第一期)活动上介绍，该机制有5项内容：定向通报、定题解读、定期推 送、定人联络、定点交互，"目的是在即将全岛封关运作的关键阶段，加强对企业的自贸港核心政策供 给"。 定向通报面向各类型企业。海南相关部门分类别研究建立了央企(国企)、民企、外企企业联系数据库， 确保通报覆盖全面性和准确性。 定题解读直击企业关注点。海南将围绕自贸港建设及市场主体关心关注的特定主题进行定题通报和解 读。包括 ...

Core Insights - The Hainan Free Trade Port will officially start its full island closure operation on December 18, 2023, which is expected to create significant opportunities for cooperation between Hainan and Taiwan [2] - The event highlighted the rapid development of Hainan, particularly in infrastructure and investment facilitation, attracting over 150 Taiwanese guests eager to explore business opportunities [1][2] Policy and Opportunities - Hainan's closure operation will make it the largest free trade port globally, enhancing its role as a crucial hub for international trade and investment [2] - New policies will include upgraded "zero tariff" measures, optimized processing and value-added tax exemptions, and improved personal income tax incentives, making trade management more flexible and regulatory oversight more efficient [2] - The introduction of the "30 measures to promote Hainan-Taiwan exchanges" aims to support economic collaboration across various sectors, including trade, employment, and innovation [2] Development Potential - Taiwanese businesses view Hainan as a significant strategic location due to its vast land and marine resources, despite its smaller population compared to Taiwan [4] - The shift in Taiwanese investment from agriculture to sectors like tourism, renewable energy, and e-commerce indicates a broader scope for future collaboration [4] - The establishment of the Taiwan Youth Innovation and Entrepreneurship Service Center in Hainan provides comprehensive support for Taiwanese youth looking to engage in the free trade port's development [4] Infrastructure and Investment - The city of Dongfang is highlighted for its comprehensive development across primary, secondary, and tertiary industries, featuring a first-class open port and a major airport expected to be operational by 2027 [5] - The Xiangqiong Advanced Manufacturing Industry Park, designed for Taiwanese businesses, will focus on manufacturing, medical devices, and artificial intelligence, with a total investment of approximately 1.259 billion yuan [6] - Taiwanese companies are actively seeking opportunities in Hainan, with five enterprises signing agreements to establish operations in the new industrial park during the event [6]

Core Insights - Hainan is emerging as a strong magnet for attracting global high-quality resources, particularly in the context of its upcoming customs closure and the opportunities it presents for investment and cooperation [1][6] Group 1: Investment Opportunities - Over 90 companies participated in the "Enterprise Navigation" action in Hainan, with 70 listed companies involved, collectively valued at over 1.6 trillion yuan, focusing on sectors like healthcare, finance, information technology, and electronics [1] - Companies are eager to establish a presence in Hainan ahead of its customs closure, aiming to seize new opportunities for openness and investment [1] - The Wenchang International Aerospace City and other key zones are being explored for their industrial planning and policy advantages, with local authorities actively promoting investment opportunities [3] Group 2: Specific Projects and Initiatives - Wenchang has developed a "4+1" industrial system focusing on high-tech industries, tourism, modern services, and tropical agriculture, with a project list for 2025 that includes 62 projects with a total planned investment of approximately 48.8 billion yuan [3] - A fund of 1 billion yuan is planned to be established in Hainan, targeting key areas such as liquid rocket engine manufacturing and commercial satellite research [3] Group 3: Healthcare Sector Developments - The Boao Lecheng International Medical Tourism Pilot Zone has become a significant entry point for international innovative medical products, benefiting from policies that facilitate rapid clinical application and reduce production costs [5] - An investment of 160 million yuan has been made by Antu Bioengineering in the Haikou National High-tech Zone Innovation Fund, marking the company's initial steps in Hainan [5] - The customs closure is expected to enhance the export capabilities of diagnostic reagents, providing a cost advantage for "Hainan-made" products in Southeast Asian markets [5] Group 4: Talent Development and Policy Expectations - Companies are increasingly focused on the need for skilled talent to support their operations in Hainan, with initiatives aimed at integrating vocational education with key industries [6] - The anticipation of policy benefits related to trade and investment liberalization, cross-border capital flow, and talent mobility is growing among enterprises [6]