Group 1 - The "China Yangpu Port" has registered a total of 63 international vessels with a total tonnage of 354.76 million tons and a total capacity of 635.02 million tons, with total assets amounting to 19.2 billion RMB, ranking among the top in the country [1] - The establishment of the international ship registration management agency in Yangpu is expected to accelerate the release of policy dividends, with a 45.65% increase in newly registered vessels since its inception [1] - The policy benefits are translating into tangible gains for enterprises and are driving infrastructure development and the growth of industrial clusters [1] Group 2 - The Yangpu International Container Hub Port's first phase of expansion has increased the terminal's annual throughput capacity to 3.6 million TEUs, with a future capacity of 5 million TEUs upon completion of the second phase [2] - A significant investment agreement worth 2 billion RMB was signed in a single day during the 2025 Maritime Day event, highlighting the rapid development of supporting industries such as ship financing, insurance, and maintenance [2] - Companies not directly related to shipping, such as Guoquan Food, are also benefiting from Yangpu's strong shipping capabilities and policy advantages [2] - The long-term vision includes constructing a "one port, three areas" development pattern, aiming to elevate port throughput capacity to 225 million tons and establish the world's first "smart green zero-carbon hub port" [2]

Core Viewpoint - The recent docking of a 150,000-ton foreign trade vessel at Yangpu International Container Terminal marks a significant milestone in the construction of Yangpu as a "dual hub port," enhancing its capabilities for accommodating ultra-large vessels and supporting the development of a modern logistics system aligned with the Hainan Free Trade Port's operational goals [1][2]. Group 1 - Yangpu is positioned as the southern hub port for domestic north-south routes and the eastern hub port for east-west routes from Southeast Asia to North America [1]. - The ongoing expansion of Yangpu Port is improving its capacity for ultra-large vessel docking and enhancing the port infrastructure of Hainan Free Trade Port [1]. - The establishment of the Hainan International Ship Registration Administration in December 2024 will manage the lifecycle of vessels registered under "China Yangpu Port," introducing a pioneering "one port for the entire island" registration mechanism [1]. Group 2 - Companies constructing vessels in Yangpu can benefit from a 13% VAT rebate and exemptions from 23% tariffs and VAT on imported vessels, saving over 400 million yuan in costs [2]. - The introduction of policies allowing foreign crew members to participate in training, testing, and employment in Hainan broadens the scope of Yangpu's shipping expansion policies [2]. - By 2027, Yangpu is expected to handle over 3.5 million TEUs, a 70% increase from 2025, and by 2035, the port's throughput capacity is projected to reach 225 million tons, aiming to become the world's first "smart green zero-carbon hub port" [2].