FOSUN INTL Chairman Vows Continued Commitment to Hainan Free Trade Port Development

Deep News04-14 12:22

On April 14, the 2026 Hainan Free Trade Port Global Industrial Investment Promotion Conference was held in Haikou. Co-hosted by the Hainan Provincial People's Government and the Ministry of Commerce under the theme "New Starting Point of Island-Wide Customs Operation, New Opportunities for Investment," the event showcased the construction achievements, business environment, and investment opportunities of the Hainan Free Trade Port to global investors. Guo Guangchang, Chairman of FOSUN INTL, delivered a speech as a representative of key enterprises.

"We have witnessed Hainan's evolution into a free trade port with Chinese characteristics. This land has also become a place of fortune for FOSUN's development," Guo stated. He emphasized that with the full island customs operation of the Hainan Free Trade Port, FOSUN's industrial layout in Hainan is encountering new development opportunities. Going forward, leveraging its industrial strengths and global capabilities, FOSUN will collaborate with partners to firmly deepen its roots in Hainan and continue contributing "FOSUN's strength" to the construction of the free trade port.

FOSUN has been deeply involved in Hainan for two decades, with cumulative investments exceeding 30 billion yuan. "Every time I come to Hainan, I feel a sense of familiarity because I hold a special affection for this land," Guo Guangchang reflected on his connection to Hainan during his speech. In 1988, Guo Guangchang and several classmates from Fudan University cycled over 3,000 li from Shanghai to Hainan. That year, Hainan had just been established as a province. Upon arriving in Haikou, they found the city had only one traffic light, yet the streets were filled with young people carrying dreams. "The scene of 'a hundred thousand talents descending upon Hainan' was震撼ing to me. At that time, I realized what was happening on this land was exactly the reform and opening-up I had read about in books. I understood that business is not something abstract; it truly can bring about change and drive social progress," Guo said. "After all these years, we have seen Hainan grow from China's treasure island in the South China Sea into a free trade port with Chinese characteristics. This land has also become a place of fortune for FOSUN's development," Guo expressed. He noted that over 20 years of deep involvement in Hainan, FOSUN has invested over 30 billion yuan cumulatively, created more than 6,000 jobs, paid over 10 billion yuan in taxes, and achieved fruitful results across multiple industrial sectors.

Culture and tourism are core industries for FOSUN. Guo Guangchang stated that FOSUN's tourism projects adhere to a standard—"they must be both critically acclaimed and commercially successful." Sanya Atlantis, he said, is a benchmark project built on this philosophy. "The demand for high-quality family vacations in China is rapidly rising; this demand is real and long-term. FOSUN aims to tackle difficult tasks that require time to accumulate expertise. Facts have proven our judgment correct." As a national 4A-level tourist attraction, Sanya Atlantis has hosted approximately 40 million visitors since its opening in 2018, contributing over 3 billion yuan in taxes, and has become an iconic "name card" for Hainan's cultural and tourism industry. During the 9-day Spring Festival holiday in 2026, Sanya Atlantis's total revenue increased by 20% year-on-year, with average hotel occupancy nearing 98%. Revenue on the fourth day of the lunar new year reached a record 18 million yuan in a single day. In smart manufacturing, Hainan Mining, a listed company under FOSUN focused on strategic mineral resources, has expanded from Hainan to the global stage with support from FOSUN's global ecosystem. Its business has diversified from solely iron ore to include oil, natural gas, and new energy industries. Over recent years, driven by both industrial operations and investments, Hainan Mining has acquired entities like Roc Oil, the Bougouni Lithium Mine in Mali, and oil fields in Oman, establishing a global resource footprint spanning China, Southeast Asia, West Africa, and the Middle East. "Through our operational development over these years, we can say we have built a completely new Hainan Mining," Guo remarked.

Leveraging industrial strengths to continue contributing "FOSUN's strength" to the free trade port construction. The Global Industrial Investment Promotion Conference attracted attention from numerous Fortune 500 companies, well-known domestic and foreign enterprises, financial and investment institutions, and business associations worldwide. Concurrently with the conference, the sixth China International Consumer Products Expo featured displays from FOSUN's portfolio, including Fosun Tourism Group, Hainan Mining, Lanvin Group, Silver Cross, Shanghai Watch, and Fosun Commerce, showcasing innovative products and quality services. Guo Guangchang noted that FOSUN has participated in every expo for six consecutive years, witnessing and benefiting from its continuous improvement. With the full island customs operation of the Hainan Free Trade Port, FOSUN's industrial layout in Hainan is poised for new developmental opportunities.

Benefiting from the dual policy advantages of island-wide customs operation and visa-free access, Sanya has rapidly become a top destination for international tourists in recent years. With its comprehensive high-end resort experience and robust foreign-language localization services, Sanya Atlantis has effectively captured this inbound tourist flow, contributing to a strong surge in Hainan's inbound tourism market. In the first quarter of 2026, Sanya Atlantis's revenue from overseas markets saw a significant year-on-year increase of 175%. "Building on the experience from Sanya Atlantis, we began contemplating: what should future vacations look like? We believe it's about technology plus experience," Guo stated. He explained that based on the foundation and experience of Sanya Atlantis, FOSUN is developing "Super Mediterranean"—the world's first AI-themed resort. This project will deeply integrate AI technology into diverse vacation scenarios, combining multiple cultural and tourism formats to explore intelligent, immersive future vacation experiences. "In the future, 'Super Mediterranean' and Sanya Atlantis will together form a super resort cluster with 'dual landmarks,' aiming to further contribute to establishing Hainan as a world-class tourist destination." In smart manufacturing, Hainan Mining's new energy lithium salt processing production line, constructed in Hainan, has officially commenced operations. The first shipment of 30,000 tonnes of lithium concentrate from its Bougouni Mine in Mali arrived at Yangpu Port in Hainan in January 2026. This milestone marks the official integration of the "high-quality own mine + advanced processing production line" supply chain and the substantive operational phase of the "overseas resources + Hainan processing + global sales" model, unlocking significant future growth potential.

"The development of these industries is inseparable from the opportunities Hainan provides. FOSUN always believes that when a company deepens its roots in a region, it should give back. We adhere to our original intention of conducting business for good and strive to contribute tangible benefits to Hainan," Guo said. The "Healthy Warmth - Rural Doctor Program" launched by the Shanghai Fosun Foundation has established long-term posts in five project counties and cities in Hainan, helping to enhance grassroots medical services and improve healthcare conditions for rural residents. "This is FOSUN's social responsibility, and it is something we will persistently uphold and continue doing long-term." "We have affection for Hainan, and even more, confidence. We firmly believe that choosing Hainan means choosing the future. Moving forward, FOSUN will rely on its industrial strengths and global capabilities, partner with various collaborators, steadfastly deepen its presence in Hainan, continue contributing 'FOSUN's strength' to the free trade port construction, and repay this land with concrete actions and performance," Guo Guangchang concluded.

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