Core Viewpoint - Hainan Development's stock price decreased by 1.58% on July 29, closing at 10.60 yuan, with a trading volume of 5.95 billion yuan, indicating market volatility and investor sentiment towards the company's performance [1] Company Overview - Hainan Development's main business includes curtain wall and interior decoration engineering, photovoltaic glass, and deep processing of special glass [1] - The company operates in several concept sectors, including glass fiber, Guangdong sector, Hainan Free Trade Zone, and duty-free concepts [1] Recent Developments - On July 29, the company announced that its subsidiary, Haikong Sanxin, will implement a production cut by shutting down a 550-ton kiln and five deep processing production lines [1] - This decision is aimed at addressing the decline in photovoltaic glass product prices and ongoing losses, which will help reduce operational costs [1] - The company plans to seize opportunities presented by the Hainan Free Trade Port's closure to actively invest in high-end consumption, tourism retail, and the duty-free industry chain [1]