China Hainan Rubber Industry Group (601118.SH) received a land acquisition and resettlement compensation of RMB 81.6371 million.
07/01/2025
GMT Eight
China Hainan Rubber Industry Group (601118.SH) announced that, according to the notice issued by the Hainan Provincial People's Government regarding the publication of the comprehensive land price of the province, the company recently received resettlement subsidies of 81.6371 million yuan for 18 land acquisition projects including the expansion project of the G98 Hainan Roundabout Highway Sanya section. When the conditions specified in the land acquisition agreement are met, it will be recognized as non-operating income.