Hainan Rubber receives CNY 59.9m insurance payout

China Hainan Rubber Industry Group (SSE:601118) announced that it has received CNY 59,908,688.00 in insurance compensation. The payout stems from the "Hainan Rubber 2025 Rubber Tree Full Cost Insurance Project Insurance Agreement," triggered by cold damage during January 2025. Following a survey and loss assessment, the compensation amount was determined and has now been fully credited to the company's account, to be recognized as a special payable item. The company cautions investors to be aware of investment risks, as the final accounting treatment is subject to audit confirmation.