China Hainan Rubber Industry Group (601118.SH) has received a total of 178 million yuan in subsidies for land expropriation and relocation as well as compensation for young plants.

date
09/01/2025
avatar
GMT Eight
China Hainan Rubber Industry Group (601118.SH) announced that the company recently received a resettlement subsidy of 95.27 million yuan for projects such as the Hainan Rainforest Highway, and a compensation fee of 83.15 million yuan for the relocation and production resettlement of Miao Village in Donghe Town, Dongfang City. When the conditions specified in the land acquisition agreement are met, it will be recognized as non-operating income.

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