海南封关在即 海德股份业务经营稳健投资机遇凸显

Core Viewpoint - The announcement of the new tax collection measures and the upcoming "full island closure" in Hainan is expected to create significant investment opportunities for the Hainan Free Trade Port, benefiting companies like Haide Co., which is positioned to leverage these developments for growth [1][4]. Company Performance - Haide Co. has shown strong financial performance, achieving a revenue of 856 million yuan and a net profit of 517 million yuan in the first three quarters of 2024, marking four consecutive years of record highs from 2020 to 2023 [1]. - The company has a stable asset base in energy and listed companies, with energy-related distressed asset projects totaling 4.57 billion yuan and listed company distressed asset projects at 550 million yuan, providing a solid foundation for future performance [2]. Business Strategy - Haide Co. is focusing on its technological advantages and the background of its shareholders to expand its institutional distressed asset business, while also tapping into the growing market for personal loan non-performing assets [1][2]. - The company has developed a comprehensive asset acquisition and management capability for personal loan non-performing assets, supported by its licensed asset management company, Haide Asset Management [2]. Technological Advancements - The company has made significant progress in building an internal management and disposal service platform, successfully integrating with the People's Bank of China credit system, which enhances its compliance, credit assessment, and risk management capabilities [2][3]. Market Outlook - The anticipated closure of the Hainan Free Trade Port in 2025 is expected to create favorable conditions for the Hainan sector, with potential for upward price movements and investment opportunities [4]. - Haide Co. has demonstrated confidence in its growth prospects by implementing high cash dividend payouts for three consecutive years, signaling its commitment to returning value to investors [4].