Hainan Rubber gets $53m in land acquisition subsidies

Hainan Natural Rubber Industry Group Co., Ltd. disclosed on November 29, 2025, that it has received 53,227,519.90 yuan in social insurance fee subsidies. These funds are related to land acquisition projects, specifically including the Niuluoling Irrigation Area Project (Qionghai Section), and are in accordance with the "Hainan Province Measures for Subsidies for Social Insurance Fees for Recovered State-owned Land Use Rights in Land Reclamation Areas."

The company plans to account for the received subsidies as non-operating income. It emphasized that the final accounting treatment is subject to confirmation by an auditing institution. This disclosure serves as a cautionary note to investors, advising them to consider the associated investment risks.

The board of directors of Hainan Natural Rubber Industry Group Co., Ltd. assured stakeholders that the announcement's content is free from any false records, misleading statements, or significant omissions, and that they bear responsibility for its truthfulness, accuracy, and completeness.