China Hainan Rubber Industry Group (601118.SH) received a subsidy of 208 million yuan for land requisition social security fees.

China Hainan Rubber Industry Group (601118.SH) announced that, according to the relevant provisions of the "Hainan Province Regulations on the Collection of Social Insurance Subsidies for State-Owned Land Use Rights of Agricultural Reclamation", the company recently received a social insurance subsidy of 208 million yuan for the land acquisition project of Longhe Town, Ding'an County, Dalin Construction Granite Mine (Processing Area).