Since 2025, Huai'an has seized the opportunity of the national foreign investment profit reinvestment tax credit policy, taking the guidance for profit reinvestment as an important means to maintain the foreign investment scale. The city provides service support for foreign-invested enterprises, encouraging them to increase capital, expand shares, and take root in Huai'an.
Huai'an adheres to a "policy first" approach. The city has established a publicity matrix, using special training sessions and policy interpretation meetings to improve policy awareness and efficiency. At the same time, it has introduced detailed implementation measures and documents, such as the Several Measures of Huai'an for Further Promoting the Stabilization of Foreign Investment in 2025, to encourage enterprises to expand production and upgrade through profit reinvestment.
Huai'an implements list-based management. The city has established a List of Enterprises with Profits Exceeding RMB 10 Million based on the annual reports of foreign-invested enterprises and selected 97 key enterprises to form a reserve pool. It implemented the "frontline work method," conducted on-site support services, and adopted face-to-face communication to explain policies to enterprises and investigate their intentions for capital increases. Over the past two years, Huai'an has successfully facilitated the reinvestment of profits in more than 40 projects, including Hexing Investment, Fuyu Electronics, and Want Want Foods, amounting to approximately USD 300 million.
Huai'an carries out specialized guidance. The city actively guides foreign-invested enterprises to increase their R&D investment and enjoy tax credits for reinvested profits and tax reductions and exemptions for imported equipment, while also applying policies such as pre-tax deductions for R&D expenses to improve investment efficiency. In 2025, Want Want Foods enjoyed a total tax credit of RMB 3.55 million.
Huai'an offers full-service support. Relevant departments in Huai'an have joined forces to resolve various issues for foreign-invested enterprises, including taxation, financing, and import/export. The city has precisely organized industry chain and supply chain matchmaking activities and supported Hexing Auto in deepening its cooperation with automakers in Japan and Germany. The company has reinvested its profits for three consecutive years, totaling USD 150 million.