Core Viewpoint - Fosun International is optimistic about the Hainan Free Trade Port, which will officially start its full island closure operation on December 18, 2025, marking a new beginning for the company and the region [3][4]. Group 1: Investment and Development in Hainan - Fosun has been deeply engaged in Hainan for nearly 20 years, creating over 6,000 jobs and contributing more than 10 billion yuan in taxes [3]. - The company has established significant projects in the tourism sector, such as the Atlantis Hotel in Sanya, which has received over 32 million visitors since its opening [3]. - In the health sector, Fosun is leveraging the policy advantages of the Boao Lecheng Pilot Zone to promote the application of global biomedical innovations, with several products already manufactured in Hainan [3][4]. Group 2: Strategic Initiatives and Future Projects - Fosun is accelerating its green technology transformation through its subsidiary Hainan Mining, which has made acquisitions in lithium and oil resources globally and is establishing a lithium hydroxide production line in Hainan [4]. - The company plans to launch the "Hainan Super Mediterranean" project in October 2024, which will feature the world's first AI-themed resort and aims to create a super tourism destination in Hainan [5][6]. - The lithium hydroxide project in Yangpu, with an investment of 1.056 billion yuan, is expected to generate an annual output value exceeding 2 billion yuan, enhancing the competitiveness of Hainan's green low-carbon industry [6]. Group 3: Community Engagement and Social Responsibility - Fosun has been actively involved in community support initiatives in Hainan, including the establishment of the Fosun Guangcai Education Fund to support underprivileged students [7]. - The company has invested over 12 million yuan in healthcare projects aimed at improving local medical services in Hainan [7].

Group 1 - The "zero tariff" policy for medical devices and drugs in Hainan is enhancing the competitiveness and attractiveness of the Boao Lecheng International Medical Tourism Pilot Zone by allowing hospitals to import foreign drugs and devices that are not yet available in China while reducing operational costs for hospitals and patients [1] - Since the implementation of the "zero tariff" policy on December 25, 2024, the Haikou Customs has supervised a total declared value of 60.239 million yuan for "zero tariff" medical devices and drugs, resulting in a tax exemption of 8.187 million yuan [1] - The Lecheng International Medical Tourism Pilot Zone is becoming a major channel for international innovative medical devices and drugs to enter China, supported by policies for licensed medical practices, research, and international medical exchanges [1] Group 2 - Hainan's efforts to attract international innovative medical device and drug companies reflect a broader initiative to promote high-quality development in the pharmaceutical industry through regulatory reforms and increased openness [2] - The Hainan Provincial Drug Administration has proposed five measures to enhance regulatory innovation, including creating a high ground for real-world research applications and facilitating product imports [2] - Over the next three years, Hainan aims to accelerate the application of real-world research, expand local production of innovative medical devices and drugs, and enhance international collaboration in medical technology projects [2] Group 3 - The "Lecheng research and application + Haikou production" model has enabled the successful import and local production of the drug "Kexaira" by First Voice Pharmaceutical, which was approved for full market entry in China through the real-world research green channel [3] - The Haikou National High-tech Zone is becoming a core area for Hainan's biopharmaceutical industry, with the pharmaceutical industry expected to account for nearly 80% of the province's total output value in 2024 [3] - The establishment of the Lecheng Medical Engineering Transformation Platform by the end of this year will serve as Hainan's first technology transfer and incubation platform in the field of innovative medical devices and drugs, promoting the transformation and incubation of innovative products [3]