Hainan Rubber receives over 52m yuan in insurance payouts, land compensation

Hainan Rubber Industry Group Co., Ltd. has received a total of 52,693,188.94 yuan from rubber income and rubber tree insurance payouts, alongside 290,958.00 yuan in land acquisition seedling compensation. The company reported receiving 26,649,219.22 yuan in rubber income insurance, triggered by price fluctuations in August 2025, which will be recognized as other income.

Additionally, the company received 25,753,969.72 yuan from rubber tree insurance claims, following losses incurred from the "Butterfly" typhoon, which will offset non-operating expenses. These payouts are based on the company's 2025 rubber income insurance project and rubber tree full-cost and material-cost insurance project agreements.

Furthermore, Hainan Rubber has also received 290,958.00 yuan in seedling compensation for land acquired for the Haikou Yangshan Avenue to Ding'an Mirusan Mountain Highway (Ding'an section) power facility relocation and other projects. This compensation will be recognized as non-operating income upon meeting the conditions stipulated in the land acquisition agreement. The company advises investors that the final accounting treatment is subject to audit confirmation.