What opportunities will the complete closure of Hainan Island bring to the company? Hainan Province's response

date
05/11/2025
Regarding the question of "What opportunities will the launch of the island-wide closure operation in Hainan by the end of 2025 bring to the company," Haixia Stock stated on November 5 during an investor site visit that the preferential tax policies implemented in Hainan Free Trade Port, including preferential corporate income tax, directly reduce the company's operating costs and provide a good policy environment for the company's development. After the closure operation in Hainan, a policy of "open the front line and control the second line" will be implemented, which means that the entry and exit of goods from inside and outside Hainan will be more free and convenient. The implementation of the "either non-prohibited or allowed" principle will liberalize investment, attracting more investors and partners to enter the Hainan market, which is conducive to the company's growth in passenger flow. With the improvement of infrastructure construction in Hainan Province, such as the completion of the ring road for tourism, it will also greatly attract self-driving crowds, playing a driving role in the company's main business.