Hainan Rubber boosts capital amidst strategic shifts

Hainan Rubber's 2025 semi-annual report highlights a net profit attributable to shareholders of -RMB176,047,234.24, with total assets rising by 0.63% to RMB36,295,412,121.76. The company’s revenue increased by 18.99% to RMB22,855,609,908.72 compared to the previous year. Strategic changes included the termination of the high-efficiency non-rubber agricultural project, reallocating RMB19,333.1 to special rubber plantation renovation and RMB51,148.79 for permanent working capital.

The company also issued its first tranche of 2025 technology innovation bonds, totaling RMB350,000,000, at an annual interest rate of 2.07%, due December 31, 2099. In capital management, RMB15,000,000,00 of idle raised funds were temporarily used to supplement working capital and subsequently returned. Separately, an announcement confirmed the reappointment of Tianjian Certified Public Accountants for 2025, with an audit fee of RMB500,000,00 and internal control audit fee of RMB200,000,00.

The risk assessment report for Hainan Provincial State Farms Group Finance Co. Ltd., a related party, showed its robust internal control systems. Hainan Rubber maintained a deposit balance of RMB385,256.81 with the finance company, remaining within the 50% absorption limit, and had loan principal of RMB3,000,00.