The first after the customs closure! Another key enterprise in Sanya Central Business District is approved as a cross-border fund centralized operation center

Recently, in the first month of the Hainan Free Trade Port's island-wide customs closure, the Sanya Central Business District Administration participated in and successfully passed the "6th Joint Review Meeting for the Recognition of Cross-border Fund Centralized Operation Centers". Following joint review by multiple departments including the Provincial Financial Office, the Provincial Development and Reform Commission, the Provincial Department of Commerce, and the Haikou Central Branch of the People's Bank of China, C&D (Hainan) International Holdings Co., Ltd. (hereinafter referred to as "C&D International Holdings") was officially recognized as a Hainan Free Trade Port Cross-border Fund Centralized Operation Center. C&D International Holdings becomes the second company in the Sanya Central Business District, the third in Sanya, and the seventh in Hainan Province to be successfully recognized as a Free Trade Port Cross-border Fund Centralized Operation Center.

This marks the second cross-border fund operation center recognized in the Sanya Central Business District within the same year, following the successful approval of Zijin International Holdings in June. It also makes Sanya the only key industrial park in the province to have two companies approved by 2025. This signifies that the Sanya Central Business District is accelerating its development into a core hub for the allocation of cross-border financial resources in the Hainan Free Trade Port.

As a core listed subsidiary of Xiamen C&D Group Co., Ltd., Xiamen C&D has established C&D State-owned Assets Holding Co., Ltd. in Sanya, serving as its core platform for overseas investment and global cross-border capital operations. This company will act as a crucial hub connecting domestic and international markets within C&D Group's global strategy, unifying and coordinating financial management functions such as the collection of domestic and foreign currency funds, cross-border investment and financing, and overseas lending, thus strongly supporting the Group's in-depth advancement of its internationalization strategy.

C&D State-owned Assets Holdings Co., Ltd. is a significant achievement in implementing the consensus reached between the Sanya Municipal Party Committee, the Sanya Municipal Government, and C&D Group on deepening strategic cooperation between Fujian and Hainan. Its efficient implementation and rapid business expansion vividly demonstrate the pragmatic cooperation between government and enterprises through collaborative efforts: from the municipal leaders personally leading a delegation to Fujian in July to discuss the project, to the company's registration and rapid operation in August, the opening of an EF account in September, and the successful multi-departmental certification in December—completing the entire process, which typically takes more than a year, in just five months, showcasing the "Sanya speed" in the construction of the free trade port. Behind this achievement lies the active implementation by the Sanya Central Business District Administration, the professional guidance from various provincial departments, and the professional and efficient services provided by the Bank of China during the certification process. Precise government policies, proactive enterprise actions, and full cooperation from financial institutions accelerated the project's progress from negotiation to successful completion.

The successful certification of C&D International Holdings was made possible by the proactive and precise service provided by the Sanya Central Business District Administration, from material preparation and policy interpretation to cross-departmental coordination. This streamlined the application process to its shortest possible time, achieving the goal of "one-time application, efficient approval". This replicable and scalable "single-point breakthrough, full-area expansion" approach signifies that the Sanya Central Business District has established a mature and professional certification pathway for cross-border fund centralized operation centers, laying a solid foundation for the subsequent batch introduction of projects.

With Zijin International Holdings and C&D International Holdings successively being designated as cross-border fund centralized operation centers, the Sanya Central Business District has initially formed a cluster effect for cross-border fund centralized operation centers. In particular, since the launch of EF accounts in May 2024, the "open at the first line, controlled at the second line" system design has provided a safe and efficient channel for the free flow of corporate funds. The cross-border fund centralized operation center relies on this system to help enterprises solve pain points in traditional cross-border fund management, such as cumbersome approval processes, slow turnover, and high exchange costs. The Sanya Central Business District is striving to build a "dual headquarters base" for Chinese enterprises "going global" and foreign-invested enterprises "coming in". To date, the park has attracted over 9,800 companies, including 180 Top 500 companies (three categories, including their subsidiaries) and 33 headquarters companies, accounting for more than 60% of the total number of headquarters companies in Sanya. It has become the core area for the development of the city's headquarters economy. More importantly, the Sanya Central Business District Modern Financial Industry Cluster, the only 100-billion-yuan-level modern financial industry cluster in the province, has recently completed its acceptance inspection, marking the formation and momentum of Sanya's financial industry. The successful recognition of two cross-border fund operation centers in 2025 is a vivid illustration of this trend.

The Sanya Central Business District will seize the significant historical opportunity presented by the customs closure operation, leveraging the cross-border fund centralized operation center to continuously optimize its service system, strengthen policy support, and help Hainan Free Trade Port reach a new level of high-level opening up.