三亚凤凰国际机场春节假期预计返程高峰出现在正月初六、初七，预计每天运送10万人次。截至2月16 日，出港方面，2月19日—24日，三亚前往杭州、西安、广州、深圳方向的机票余量较为紧张，前往北 京、上海、郑州等地的余票紧张程度次之。 海南机场集团提醒广大旅客及时关注机票情况，提前购票和规划行程，建议选择在返程高峰前后出行， 实现错峰出行。对返程机票较为紧张的航线，广大旅客可关注海南省内各机场发布的余票提醒情况或通 过航空公司官网、第三方平台等及时查询了解。同时，也可利用海口、三亚、琼海三地机场互补优势及 立体交通网络，灵活选择起降机场或通过航空中转联程及非热门时段(如清晨、深夜)出行，以降低成 本。(完) 其中，海口美兰国际机场预计返程出行高峰集中在2月23日(正月初七)。截至2月17日，出港方面，2月 20日—26日，海口前往杭州、上海方向的机票余量较为紧张，前往深圳、重庆、武汉等地的余票紧张程 度次之；进港方面，除哈尔滨的部分航班外，春节假期及节后的进岛机票都比较充足。 中新网海口2月17日电(记者 符宇群)海南机场集团17日介绍，春节黄金周(2月15日至2月23日)期间，海 南岛内海口美兰、三亚凤凰、琼海 ...

Core Insights - During the 2026 Spring Festival holiday (February 15-23), Hainan Airport Group is expected to handle 10,929 flights, averaging 1,215 flights per day, with a projected passenger throughput of 1.915 million, representing a year-on-year increase of 5.4% [1][3] Group 1: Flight and Passenger Forecast - The peak travel period is characterized by a clear timeline, with February 13 marking the peak for inbound flights to Hainan, driven by family visits and tourism [3] - The first wave of return trips is expected from February 21 to 23, with February 23 anticipated to be the busiest day of the Spring Festival travel period, expecting 1,219 flights and 232,000 passengers [3] Group 2: Capacity Enhancement Measures - In response to rising travel demand, Hainan Airport Group is coordinating with airlines to increase capacity by adding flight frequencies, deploying wide-body aircraft flexibly, and opening new popular routes [3] - The group is enhancing operational capabilities through collaboration with air traffic control and airlines, focusing on weather response and resource sharing [3] Group 3: Passenger Service Initiatives - Hainan Airport Group is implementing seven warm-hearted service measures to ensure a comfortable and safe travel experience for passengers during the Spring Festival [4] - Passengers are advised to purchase tickets through official channels, consider round-trip tickets for popular routes, and plan their travel times accordingly, arriving at the airport 2-3 hours early for domestic flights and 3 hours for international flights [4]

Core Insights - Hainan Airport Group forecasts a total of 10,929 flights and 1.915 million passengers during the 2026 Spring Festival holiday period, reflecting a 5.4% year-on-year increase in passenger throughput [1] Group 1: Flight and Passenger Forecast - The peak travel day is expected to be February 23, 2026, with 1,219 flights and 232,000 passengers on that day [1] - The travel peak before the holiday is anticipated on February 13, 2026, driven by family visits and tourism [1] Group 2: Operational Enhancements - Hainan Airport Group is coordinating with airlines to increase flight capacity by adding more flights, deploying wide-body aircraft, and opening new popular routes [1] - The group is enhancing operational capabilities through collaboration with air traffic control and airlines, focusing on weather response and resource sharing [1] Group 3: Passenger Services - Seven initiatives have been introduced to improve passenger experience across key travel touchpoints, including ticket purchasing and security checks [2] - Travelers are advised to purchase tickets through official channels and consider flexible travel options to reduce costs [2]

Group 1 - The core initiative is the introduction of a flexible airport change service by Hainan Airport in collaboration with airlines, allowing eligible travelers to change their departure or destination airport for free once [1][2][3] - Hainan Airport is preparing for a peak in inbound passenger flow on February 13, with the first return peak expected from February 21 to 23, emphasizing the importance of capacity assurance during the Spring Festival travel period [2][3] - The airport is implementing a strategy to increase flight frequency at Haikou and Qionghai airports while enhancing wide-body aircraft operations at Sanya Airport, with over 2,000 additional flights scheduled and a year-on-year increase of 11% in wide-body aircraft capacity compared to the 2025 Spring Festival [2][3] Group 2 - Hainan Airport is enhancing operational efficiency through a regional collaborative operation mechanism, managing flight regularity across the "one island, three airports" model [3] - A joint working group with railway and highway departments has been established to facilitate passenger flow during the Spring Festival, ensuring efficient connections between air, rail, and road transport [3] - The airport encourages travelers to purchase tickets through official channels in advance and suggests round-trip tickets for popular routes to mitigate price fluctuations and availability risks [3]

Group 1 - The core viewpoint of the article highlights the efforts of Hainan Airport to optimize flight schedules and increase capacity in response to the demand during the Spring Festival travel season [2] - Hainan Airport has coordinated with over 10 airlines, including Hainan Airlines and China Southern Airlines, to add more flights, particularly to major cities such as Beijing, Shanghai, and Guangzhou, with a total of over 2,000 additional flights planned [2] - The deployment of wide-body aircraft at Sanya Airport is expected to increase from an average of 8.5% to over 30% during the peak travel period, enhancing overall capacity [2] Group 2 - Hainan Airport is implementing a collaborative operational mechanism to improve flight management and efficiency across its three airports, aiming to enhance passenger transport and distribution [2] - The airport is also providing real-time data on peak travel forecasts and remaining ticket availability to assist travelers in planning their trips effectively [3] - Travelers are encouraged to utilize the complementary locations of the three airports and various transportation options, such as high-speed rail and rental cars, to optimize their travel experience and reduce costs [3]

Core Insights - Hainan has experienced a significant increase in passenger traffic during the first Spring Festival travel season after the island's full customs closure, with a total of 2.7911 million travelers from February 2 to February 10, marking an 8.62% increase compared to 2025 [1] Group 1: Airport Operations - Hainan Airport has coordinated with over 10 airlines to add 600,000 seats for the Spring Festival travel period, with a total of more than 2,000 additional flights scheduled at Haikou Airport [2] - The proportion of wide-body aircraft at Sanya Airport has increased from an average of 8.5% to over 30% during this period, indicating a significant boost in capacity [2] - The "One Island, Three Airports" collaborative mechanism has been utilized to enhance travel flexibility, allowing eligible travelers to change their departure or destination airport once [2] Group 2: Passenger Trends - Predictions indicate that Hainan Airport will reach its peak inbound traffic on February 13, with the first wave of return traffic expected between February 21 and 23 [3] Group 3: Ferry Services - The Hainan Strait shipping company has reported a significant increase in demand for ferry tickets, leading to tight availability, primarily due to the surge in passenger and vehicle traffic during the Spring Festival [5] - It is anticipated that some small car ferry tickets will be released around the New Year, as the volume of outbound freight trucks decreases, freeing up space for passenger vehicles [5] Group 4: Ticket Purchasing Advice - Authorities recommend travelers purchase tickets through official channels and platforms in advance, prioritizing round-trip tickets on popular routes to mitigate price fluctuations [6] - Travelers are encouraged to utilize the complementary advantages of airports in Haikou, Sanya, and Qionghai, as well as the integrated transportation network for flexible travel options [6] - The use of standby ticketing features is advised for sold-out flights, with notifications sent via SMS upon successful booking [7]

Group 1 - Intercontinental Oil and Gas focuses on oil exploration and development, with significant operations in Kazakhstan and the Malacca Strait, benefiting from the Hainan Free Trade Port's zero-tariff policy which will reduce equipment import costs and enhance cross-border energy trade efficiency, with a projected 30% increase in trade scale over the next three years [1][34] - Jinpan Technology, a leading manufacturer of high-end power distribution equipment, will benefit from reduced raw material costs and a 15% corporate income tax reduction, enhancing profitability and enabling expansion into the ASEAN power equipment market [2][35] - Hainan Airlines, a major player in the aviation sector, expects a significant increase in passenger traffic due to the visa-free policy for 86 countries and duty-free upgrades, with projected passenger volume exceeding 80 million by 2026 [3][36] Group 2 - Junda Co., a top photovoltaic cell manufacturer, anticipates growth in its solar business due to reduced equipment costs and tax incentives, with plans to participate in Hainan's integrated wind and solar storage projects [4][37] - Caesar Travel, a comprehensive tourism service provider, expects a doubling of cross-border tourism business and a significant increase in tourist arrivals, with projections of 180 million visitors by 2026 [5][38] - Xinda A, a diversified company focusing on motorcycle manufacturing and coal mining, aims to leverage the zero-tariff policy to enhance profitability and expand into the electric vehicle market [6][39] Group 3 - ST Huluwawa, a leading pediatric pharmaceutical company, will benefit from reduced raw material costs and tax incentives, with plans to expand into the ASEAN pharmaceutical market [8][40] - Hainan Ruize, a construction industry leader, anticipates a surge in infrastructure demand with projected investments exceeding 100 billion by 2026, benefiting from the Hainan Free Trade Port's policies [9][42] - Hainan Airport, a key player in airport operations, expects a doubling of cargo business and significant passenger growth due to the visa-free policy and duty-free upgrades [10][43] Group 4 - Hainan Development, an investment platform, anticipates a substantial increase in duty-free sales, projected to exceed 100 billion by 2026, benefiting from the Hainan Free Trade Port's policies [11][45] - Hainan Highway, a major highway operator, expects a significant increase in traffic volume, projected to exceed 200 million vehicles by 2026, benefiting from the integration of tourism and real estate [20][56] - Hainan Rubber, the world's largest natural rubber producer, aims to expand its market presence in ASEAN due to favorable trade policies and tax incentives [21][57]

Core Insights - The Chinese duty-free industry is experiencing a turning point due to improved policies, rising consumer confidence, and reduced external competition pressures, marking the establishment of a bottoming out phase for the industry [1][10]. Group 1: Industry Trends - The decline in the duty-free sector post-2020 was influenced by multiple factors, including increased competition from high commission models in Japan and South Korea, reduced consumer spending due to fluctuating income expectations, and limited supply from existing duty-free stores [1]. - Since 2023, government policies aimed at stimulating consumption have been effective, leading to a gradual recovery in consumer sentiment, particularly among middle to high-income households [3]. - The expansion of China's visa-free travel and cultural influence is enhancing the attractiveness of "China Travel" among international tourists, contributing to the recovery of passenger flow in port and city duty-free shops [6]. Group 2: Market Expansion - The duty-free market is set for rapid expansion with the introduction of 41 new port duty-free stores, as announced by the Ministry of Finance and other departments, aimed at increasing market scale through reasonable competition [6][10]. - The core duty-free market in Hainan is benefiting from favorable policies, with significant increases in sales figures, such as a 34.86% year-on-year growth in shopping amounts during the first week of new regulations [8]. Group 3: Company Insights - China Duty Free Group (601888) holds over 85% market share in Hainan's duty-free market, benefiting from zero tariffs and low corporate tax rates, with projected revenue growth from 45 billion to 60-65 billion yuan by 2026 [12]. - Hainan Airlines (600515) controls over 90% of air passenger flow in Hainan, with an increase in international routes expected to drive growth in air passenger and cargo transport [13]. - Hainan Haoyao (000566), while not a traditional duty-free operator, benefits from favorable policies in the biopharmaceutical sector, with a projected peak revenue contribution of 15 billion yuan from innovative drugs by 2026 [13].

Core Viewpoint - The company has completed the acquisition of controlling shares in Hainan Meilan International Airport Co., Ltd. and has successfully concluded the public offer phase of the transaction [1] Summary by Sections Acquisition Details - The public offer phase for the acquisition ended on January 30, 2026, at 16:00, with the company receiving valid acceptances for a total of 3,512,500 domestic shares, representing 0.74% of the total issued shares of Meilan Airport as of the announcement date [1] - The company's wholly-owned subsidiary, Hainan Airport Facilities (Hong Kong) Co., Ltd., received valid acceptances for 54,170,087 H-shares, accounting for 11.45% of the total issued shares of Meilan Airport as of the announcement date [1] Shareholding Structure - As of the announcement date, the company and Hainan Airport Hong Kong collectively hold 295,182,587 shares of Meilan Airport, which constitutes 62.38% of the total issued shares [1] - The shareholding structure of Meilan Airport meets the minimum public holding requirement as stipulated by the Hong Kong Stock Exchange Listing Rules [1] Next Steps - The company will continue to advance the payment of the offer price and the transfer of the offered shares [1]

Transaction Overview - Hainan Airport Facilities Co., Ltd. approved the acquisition of controlling stake in Hainan Meilan International Airport Co., Ltd. at a price of RMB 2,339,375,000, equivalent to RMB 9.85 per share [2] - The acquisition involves the transfer of 237,500,000 domestic shares from Haikou Meilan International Airport Co., Ltd. [2] Offer Details - Following the share transfer, the company will make a comprehensive offer for all issued domestic shares and H-shares of the target company, maintaining its listing status [3] - The offer price for domestic shares is RMB 9.85, while the H-share offer price is HKD 10.62, based on an exchange rate of 1 HKD = 0.92813 RMB [3] Progress Update - As of January 30, 2026, the company received valid acceptances for 3,512,500 domestic shares (0.74% of total issued shares) and 54,170,087 H-shares (11.45% of total issued shares) [4] - The company and its subsidiary now hold a total of 295,182,587 shares, representing 62.38% of the total issued shares of Meilan Airport, meeting the minimum public holding requirement [4]