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China Hainan Rubber Industry Group Receives Subsidies, Compensation for Land Acquisition Projects
China Hainan Rubber Industry Gets 82 Million Yuan in Resettlement Subsidies; Shares Drop 3%
China Hainan Rubber Industry Group (601118.SH): Received land acquisition resettlement compensation.
Gelonghui reported on January 7 that China Hainan Rubber Industry Group (601118.SH) announced that, according to the "Notice from the People's Government of Hainan Province on Publishing the Comprehensive Land Prices for All Regions in the Province," the company recently received compensation for resettlement of 81,637,121.89 yuan for 18 land acquisition projects including the expansion project of the G98 Ring Road Highway in the Greater Sanya section, which will be recognized as non-operating income when the conditions stipulated in the land acquisition agreement are met.
China Hainan Rubber Industry Group (601118.SH): Signed a rubber tree cost Insurance agreement for 2025.
On January 3, Gelonghui reported that China Hainan Rubber Industry Group (601118.SH) announced that the company recently signed the "Insurance Agreement for the Rubber Tree Material Cost Insurance Project for 2025" and the "Insurance Agreement for the Complete Cost Insurance Project for Rubber Trees in 2025" with the Hainan Branch of China People's Property Insurance Co., Ltd. and the Hainan Branch of CHINA TAIPING Property Insurance Co., Ltd. The insured amount for the "Insurance Agreement for the Rubber Tree Material Cost Insurance Project for 2025" is 720,415,240.00 yuan; and for the "Insurance Agreement for the Complete Cost Insurance Project for Rubber Trees in 2025".
China Hainan Rubber Industry Group (601118.SH): Applied to register for the issuance of domestic debt financing instruments.
On December 30, Gelonghui reported that China Hainan Rubber Industry Group (601118.SH) announced that in order to ensure the funding needed for the development of Hainan Natural Rubber Industry Group Co., Ltd., broaden financing channels, optimize capital structure, and effectively support medium- to long-term Global Strategy development plans, the company intends to initiate the registration and issuance of domestic debt financing instruments. Issuance scale: the actual registration and issuance scale will not exceed 4 billion yuan, and the final registration and issuance quota will be subject to the approval amount of the regulatory agency.
China Hainan Rubber Industry GroupLtd (SHSE:601118) Shareholders Are Still up 36% Over 1 Year Despite Pulling Back 3.4% in the Past Week
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73269475 : Don't worry! The decline is part of the rise, and the upward trend will soon resume!