Core Viewpoint - The official launch of the Hainan Free Trade Port (FTP) has initiated a series of special policies, including "zero tariffs, low tax rates, and simplified tax systems," which are expected to accelerate the gathering of high-end processing manufacturing and international trade industries in Hainan, creating more opportunities for shipping and airline companies [3]. Group 1: Airline Developments - Hainan Airlines has launched new routes, including the "FTP Express" flight from Haikou to Shanghai and an international flight from London to Haikou, reflecting the airline's strategy to enhance connectivity between Hainan and major domestic and international hubs [5]. - Since November, Hainan Airlines has increased its international and regional flights by 78, including routes to London, Auckland, Sydney, Melbourne, and Moscow, as well as a route to Kuala Lumpur [5]. Group 2: Shipping Developments - COSCO Shipping has established 25 container shipping routes from Haikou and Yangpu, with 8 domestic routes connecting major coastal ports and 17 international routes reaching key regions in the Americas and Southeast Asia [5]. - The transshipment business at COSCO Shipping's operations in Hainan has seen explosive growth, with a 293% year-on-year increase in transshipment container volume at Yangpu International Container Terminal from January to November [6]. Group 3: Tax Benefits - COSCO Shipping has benefited from tax incentives, including a 15% corporate income tax rate, which has positively impacted the company's profits [8]. - Hainan Airlines has saved over 50 million yuan in taxes through the import of aircraft materials, and the introduction of new aircraft is expected to save up to 16 million yuan in tariffs during the lease period [8]. - The scope of tax incentives in the Hainan FTP is expanding, with zero-tariff items increasing to approximately 6,600, covering nearly all production equipment and raw materials, further reducing costs for companies [9].

Group 1: Core Insights - The Hainan Free Trade Port has officially launched its full island closure with the implementation of "zero tariffs, low tax rates, and simplified tax systems," benefiting shipping and aviation companies [1][5] - Companies like COSCO Shipping Group and Hainan Airlines are rapidly expanding their route networks in Hainan, taking advantage of the free trade port's policies [1][2] Group 2: Aviation Developments - Hainan Airlines has initiated new routes, including the "Free Trade Port Express" from Haikou to Shanghai and international flights from London to Haikou, reflecting the airline's strategy to enhance connectivity [2] - Since November, Hainan Airlines has added 78 international and regional flights, including routes to major cities like London, Auckland, Sydney, and Moscow [2] Group 3: Shipping Developments - COSCO Shipping has established 25 container shipping routes from key ports in Hainan, with 8 domestic routes and 17 international routes connecting to critical regions like the Americas and Southeast Asia [2] - The company has experienced a significant increase in transshipment business, with a 293% year-on-year growth in transshipment container volume at Yangpu International Container Terminal [3] Group 4: Tax Benefits - COSCO Shipping has benefited from tax incentives, reducing costs for ship and equipment procurement, with a 15% corporate income tax rate enhancing profitability [4] - Hainan Airlines has saved over 50 million yuan in taxes through the import of aircraft materials, with potential savings of up to 16 million yuan on new aircraft due to "zero tariffs" [4] - The implementation of broader tax incentives in the Hainan Free Trade Port is expected to lower costs further for companies importing production equipment and raw materials [5]