Core Insights - The second Hainan Agarwood and Huanghuali International Trade Fair, named "Tianxiang Guose," opened on November 27, showcasing the development of the agarwood and Huanghuali industries and promoting cultural integration [2][3] Industry Overview - The exhibition covers over 30,000 square meters and features participation from over 800 companies, nearly 200 international guests, and around 10,000 business attendees, indicating significant growth compared to the previous year [2][3] - The event includes various activities such as themed forums, auctions, and competitions, aimed at enhancing the visibility and appeal of agarwood and Huanghuali culture [2] Market Opportunities - The fair is recognized as one of the top ten brand expos to be cultivated in Hainan, reflecting the growing importance of the agarwood and Huanghuali industries within the province's economic landscape [3] - With the backdrop of Hainan's Free Trade Port construction, the industry is poised for development due to its unique resource endowments and cultural heritage, creating opportunities for global collaboration [3] Future Prospects - The continuous optimization of industry policies and the release of market demand are expected to enhance Hainan's competitive advantage across the entire agarwood and Huanghuali value chain, including cultivation, processing, and cultural tourism [3] - The event also included a certification ceremony for collectors, promoting awareness and preservation of agarwood culture [3][4]