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 2025, the company will complete a cash acquisition of 100% equity in COSCO Shipping Passenger, increasing its roll-on/roll-off vessel fleet to 66, ranking first globally [2] - The company primarily operates passenger and cargo transport services in the Qiongzhou Strait and Bohai Bay, with key routes including Haikou to Hai'an, Yantai to Dalian, and Sanya to Xisha [2] Group 2: Tourism and Shareholder Engagement - The Sanya to Xisha tourism route, operated by the "Xianglong Island" vessel, offers a four-day, three-night experience, allowing tourists to engage in various activities [3] - A shareholder reward program allows registered shareholders to purchase discounted tickets for the Sanya to Xisha route, enhancing shareholder engagement [4] Group 3: Strategic Initiatives - The Haikou to Beihai route is a core long-distance line that supports the construction of the Western Land-Sea New Corridor, connecting Hainan Free Trade Port with the Guangxi Beibu Gulf Economic Zone [5] - In 2025, the company will upgrade its capacity with the introduction of two 10,000-ton roll-on/roll-off vessels, focusing on customized "tourism + transportation" products [5] Group 4: Future Opportunities - The implementation of favorable tax policies in Hainan Free Trade Port will reduce operational costs and create a conducive environment for growth [7] - The "one line open, one line controlled" policy will facilitate the free movement of goods, attracting more investors and increasing passenger flow [8] - Improved infrastructure, such as the completion of the ring island tourism road, is expected to significantly boost the company's main business [8] Group 5: Dividend Policy - The company aims to provide stable dividend returns to shareholders while ensuring sustainable development, considering profitability, cash flow, and future investment plans [6]