Hainan Rubber Receives 157 Million Yuan in Social Insurance Subsidies
MT Newswires Live2025-12-30
China Hainan Rubber Industry Group (SHA:601118) has received 157.3 million yuan in social insurance subsidies, according to a Shanghai Stock Exchange filing on Tuesday.
The Chinese rubber producer said the subsidies are for land acquisition projects such as the Qiongxi North Water Supply Project.
The subsidies are recorded as non-operating income in the company's books.
Separately, Hainan Rubber also received 1.3 million yuan in compensation for crops from land acquisition projects such as the 110 kV Lanyang (Jiaoyue) Transmission and Transformation Project.
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