FilingReader Intelligence

Hainan Rubber receives significant insurance payout for income loss

November 14, 2025 at 08:59 AM UTCBy FilingReader AI

Hainan Natural Rubber Industry Group Co., Ltd. (Hainan Rubber) has received an insurance payout of 22,924,115.52 yuan. This payment stems from an income loss incurred during June 2025 due to fluctuations in rubber prices, triggering the conditions of the "Hainan Rubber 2025 Rubber Income Insurance Project Insurance Agreement."

The company confirmed that the funds have been received and will be recorded under "other income" in its accounting. Investors are advised that the final accounting treatment is subject to audit confirmation by an auditing institution.

Hainan Rubber also highlighted the inherent investment risks, advising investors to proceed with caution. The announcement was made by the board of directors of Hainan Natural Rubber Industry Group Co., Ltd. on November 15, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:601118Shanghai Stock Exchange
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