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China Hainan Rubber Industry Group (601118.SH): Plans to increase cash capital of Longxiang Company by 0.44 billion yuan.
On July 15th, Gelunhui reported that Longxiang Company is a wholly-owned subsidiary established by Hainan Natural Rubber Industry Group Co., Ltd. in Shanghai on July 28, 2009, with a registered capital of 0.2 billion yuan. Longxiang Company mainly engages in natural rubber trading business and is one of the domestic trading platforms of Hainan Rubber. Since its establishment in 2009, Longxiang Company has relied on the company's natural rubber industry chain resources and Shanghai's location and talent advantages to build a sales network covering the main domestic rubber sales areas, and has established partnerships with many well-known tire factories at home and abroad, forming a stable sales channel. For optimization
Announcement of expected loss in performance for the first half of 2024.
China Hainan Rubber Industry Group (601118.SH): awarded the Second Prize of National Science and Technology Progress Award.
On June 26, Guolong News reported that China Hainan Rubber Industry Group (601118.SH) announced that the 2023 National Science and Technology Awards Conference was recently held in Beijing. The project "Breeding and Application of Cold-resistant and Wind-resistant High-yielding Rubber Tree Varieties" completed by the company won the second prize of the 2023 National Science and Technology Progress Award. The project lasted for 37 years and overcame technical difficulties such as lack of resources for cold-resistant and wind-resistant rubber trees, long breeding cycles, and low efficiency. They independently bred a new variety of cold-resistant and wind-resistant high-yield suitable for the environmental characteristics of our country's rubber planting areas. By digging and creating cold-resistant and wind-resistant high-yield germplasm, creating an efficient breeding technology system, the breeding cycle was shortened from 41 years.
China Hainan Rubber Industry to Set Up Natural Rubber Industry Fund With Hainan Province Finance
China Hainan Rubber Industry Group (SHA:601118) agreed to establish an industry fund with Hainan Province Finance Group, the company said in its filing on the Shanghai Stock Exchange. Both parties wil
China Hainan Rubber Industry Group (601118.SH) has signed a new agreement related to rubber insurance projects for 2024.
On June 24th, Gelunhui announced that China Hainan Rubber Industry Group (601118.SH) has recently signed the "Hainan Rubber 2024 Rubber Tree Physical Cost Insurance Project Insurance Agreement" and the "Hainan Rubber 2024 Rubber Tree Complete Cost Insurance Project Insurance Agreement" with China People's Property Insurance Co., Ltd. Hainan Branch and China Pacific Property Insurance Co., Ltd. Hainan Branch, and simultaneously lifted the "Hainan Rubber 2024 Comprehensive Insurance Project Agreement" signed in December 2023; together with China Pacific Property Insurance Co., Ltd. Hainan Branch and China People's Property Insurance Co., Ltd.
China Hainan Rubber Industry Group (601118.SH): The intelligent tapping machine developed by the company is currently being used on a small scale in rubber plantations in Hainan Province.
Hainan Rubber Industry Group (601118.SH) stated on the interactive platform on June 21 that the production cost of rubber planting is mainly labor cost, and China's labor cost is slightly higher than that of Southeast Asia. The smart rubber-cutting machine developed and used in small rubber plantations in Hainan Province can continuously update and iterate, and strive to reduce production costs, improve operation efficiency and intelligence through technological innovation.
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73269475 : Don't worry! The decline is part of the rise, and the upward trend will soon resume!