China Hainan Rubber Insures 792 Million Yuan Worth of Crops in Insurance Deal With PICC

Like
Comment
Favorite

China Hainan Rubber Insures 792 Million Yuan Worth of Crops in Insurance Deal With PICC

MT Newswires Live2025-12-24

China Hainan Rubber Industry (SHA:601118) insured 792 million yuan worth of crops in a one-year agreement with PICC Property and Casualty (HKG:2328), according to a Wednesday filing on the Shanghai bourse.

Under the deal, the insurance covers rubber seedlings planted between six months and four years and rubber trees planted for four years that would be affected by natural disasters, such as cyclones and pests.

The insurance rate is 3.18% and the premium is 25.2 million yuan.

The Chinese rubber company also signed another insurance deal with PICC, with China Pacific Property Insurance as co-insurer, that would insure rubber trees already in tapping period. The sum insured is 6.43 billion yuan. The insurance rate is 2.64% and the premium is 169.8 million yuan.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2593938447?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-24 09:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2593938447","market":"hk","top_or_hot":-1,"title":"China Hainan Rubber Insures 792 Million Yuan Worth of Crops in Insurance Deal With PICC","media":"MT Newswires Live","content":"<html><body><p> China Hainan Rubber Industry (SHA:601118) insured 792 million yuan worth of crops in a one-year agreement with <a href=\"https://laohu8.com/S/PPCCF\">PICC Property and Casualty</a> (HKG:2328), according to a Wednesday filing on the Shanghai bourse.</p><p>Under the deal, the insurance covers rubber seedlings planted between six months and four years and rubber trees planted for four years that would be affected by natural disasters, such as cyclones and pests.</p><p>The insurance rate is 3.18% and the premium is 25.2 million yuan.</p><p>The Chinese rubber company also signed another insurance deal with <a href=\"https://laohu8.com/S/01339\">PICC</a>, with China Pacific Property Insurance as co-insurer, that would insure rubber trees already in tapping period. The sum insured is 6.43 billion yuan. The insurance rate is 2.64% and the premium is 169.8 million yuan.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Hainan Rubber Insures 792 Million Yuan Worth of Crops in Insurance Deal With PICC</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Hainan Rubber Insures 792 Million Yuan Worth of Crops in Insurance Deal With PICC\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-12-24 09:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> China Hainan Rubber Industry (SHA:601118) insured 792 million yuan worth of crops in a one-year agreement with <a href=\"https://laohu8.com/S/PPCCF\">PICC Property and Casualty</a> (HKG:2328), according to a Wednesday filing on the Shanghai bourse.</p><p>Under the deal, the insurance covers rubber seedlings planted between six months and four years and rubber trees planted for four years that would be affected by natural disasters, such as cyclones and pests.</p><p>The insurance rate is 3.18% and the premium is 25.2 million yuan.</p><p>The Chinese rubber company also signed another insurance deal with <a href=\"https://laohu8.com/S/01339\">PICC</a>, with China Pacific Property Insurance as co-insurer, that would insure rubber trees already in tapping period. The sum insured is 6.43 billion yuan. The insurance rate is 2.64% and the premium is 169.8 million yuan.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2097828714.EUR","symbol_name":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2593938447","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2593938447","pubTimestamp":1766540283,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"China Hainan Rubber Industry  insured 792 million yuan worth of crops in a one-year agreement with PICC Property and Casualty , according to a Wednesday filing on the Shanghai bourse.Under the deal, the insurance covers rubber seedlings planted between six months and four years and rubber trees planted for four years that would be affected by natural disasters, such as cyclones and pests.The insurance rate is 3.18% and the premium is 25.2 million yuan.The Chinese rubber company also signed another insurance deal with PICC, with China Pacific Property Insurance as co-insurer, that would insure rubber trees already in tapping period. The sum insured is 6.43 billion yuan. The insurance rate is 2.64% and the premium is 169.8 million yuan.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"601118":"海南橡胶","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","BK0040":"海南旅游岛","BK0183":"MSCI概念","LU1675838814.USD":"AB SICAV I - EMERGING MARKETS LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","LU1497733631.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund ASDM SGD","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","BK0188":"融资融券","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","BK0028":"国家队","BK0227":"农业","IE00B19Z5X02.USD":"Legg Mason QS - MV Asia Pacific ex Japan Equity Growth and Income A Acc USD","LU1634259557.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund AS SGD-H","PICC":"Pivotal Investment Corp III","LU1522347837.USD":"EASTSPRING INV ASIAN LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC A","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","LU2778985437.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"A\" (USD) INC","BK1550":"内险股","LU1497734951.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund ASDM SGD-H","LU1808992512.USD":"AB ALL CHINA EQUITY PORTFOLIO \"A\" (USD) ACC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","02328":"中国财险","BK0196":"行业龙头","LU1497733557.USD":"EASTSPRING INV ASIAN LOW VOLATILITY EQUITY FUND \"A\" (USD) INC A","IE00BWDBJ730.SGD":"Legg Mason QS - MV Asia Pacific ex Japan Equity Growth and Income A Mdis SGD-H Plus","LU1634259391.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund AS SGD","BK1127":"财产与意外伤害保险","LU2488822045.USD":"ALLIANZ CHINA HEALTHY LIVING \"AT\" (USD) ACC","BK0104":"土地流转","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","LU0052750758.USD":"富兰克林中国基金A Acc","IE00BQJZWZ67.USD":"FRANKLIN MV ASIA PACIFIC EX JAPAN EQUITY GROWTH AND INCOME \"A\" (USD) INC (M) PLUS","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC"},"translate_title":"中国海南橡胶与中国人保达成保险协议，承保价值7.92亿元的农作物","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"601118":0.9,"PICC":1.5,"TFmain":0.77,"02328":1},"content_text":"China Hainan Rubber Industry (SHA:601118) insured 792 million yuan worth of crops in a one-year agreement with PICC Property and Casualty (HKG:2328), according to a Wednesday filing on the Shanghai bourse.Under the deal, the insurance covers rubber seedlings planted between six months and four years and rubber trees planted for four years that would be affected by natural disasters, such as cyclones and pests.The insurance rate is 3.18% and the premium is 25.2 million yuan.The Chinese rubber company also signed another insurance deal with PICC, with China Pacific Property Insurance as co-insurer, that would insure rubber trees already in tapping period. The sum insured is 6.43 billion yuan. The insurance rate is 2.64% and the premium is 169.8 million yuan.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}