证券日报网讯 7月29日晚间，海南橡胶发布公告称，公司已于近日完成了2025年度第一期中期票据的发 行。 （文章来源：证券日报） ...

证券代码：601118 证券简称：海南橡胶 公告编号：2025-047 海南天然橡胶产业集团股份有限公司 2025 年度第一期中期票据发行结果的公告 海南天然橡胶产业集团股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 董 事 会 海南天然橡胶产业集团股份有限公司（以下简称"公司"）分别于 2024 年 12 月 30 日、2025 年 1 月 22 日召开了第六届董事会第四十一次会议以及 2025 年第一次临时股东大会，审议通过了《关于申请注册发行境内债务融资工具的议 案》，同意公司在银行间市场申请注册发行债务融资工具。公司于 2025 年 7 月 收到中国银行间市场交易商协会《接受注册通知书》（中市协注〔2025〕MTN611 号），中国银行间市场交易商协会接受公司中期票据注册，注册金额为 15 亿元， 注册额度自《接受注册通知书》落款之日起 2 年内有效，公司在注册有效期内可 分期发行中期票据。具体内容详见公司 2024 年 12 月 31 日、2025 年 1 月 23 日、 2025 年 7 月 15 日 ...

关于签订 2025 年橡胶收入保险项目保险协议补充协议的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 海南天然橡胶产业集团股份有限公司（以下简称"海南橡胶"）2025年2月 与中国太平洋财产保险股份有限公司海南分公司、中国人民财产保险股份有限公 司海南省分公司、中国人寿财产保险股份有限公司海南省分公司、阳光财产保险 股份有限公司海南省分公司签订了《海南橡胶2025年橡胶收入保险项目保险协议》 （以下简称"原协议"）。根据《海南省财政厅 海南省农业农村厅 国家金融监 督管理总局海南监管局关于调整2025年海胶集团天然橡胶收入保险公允价格与 保险费率的通知》（琼财金〔2025〕540号），公司与保险公司近日签订了《海 南橡胶2025年橡胶收入保险项目保险协议补充协议》。具体内容如下： 证券代码：601118 证券简称：海南橡胶 公告编号：2025-046 海南天然橡胶产业集团股份有限公司 定执行。 二、对上市公司的影响 本次补充协议对 2025 年海南橡胶天然橡胶收入保险公允价格与保险费率等 条款进行调整，有利于进一步稳定 ...

Core Insights - The article highlights the successful implementation of an incentive mechanism by Hainan Rubber to strengthen its core rubber worker team, resulting in a 45% increase in the average effective tapping trees per worker compared to before the reforms [1][3][4] - The company aims to expand the core rubber worker team to over 8,000 by 2026, focusing on improving workers' rights and benefits, including housing and social security [4] Summary by Sections - **Core Worker Development**: Hainan Rubber has actively developed its core rubber worker team to address issues such as aging workforce and personnel loss due to low natural rubber market prices. The company has implemented various measures to enhance the skills and motivation of its workers [2][3] - **Performance Improvement**: The company has established a performance-based compensation system that incorporates factors like performance and job title, which has significantly boosted the motivation and productivity of core rubber workers [2][3] - **Insurance and Support**: Hainan Rubber provides comprehensive medical and pension insurance for its core rubber workers, ensuring their financial security and encouraging them to improve their skills and productivity [3] - **Future Plans**: The company plans to continue its efforts in promoting the core rubber worker team and aims to further enhance the income stability mechanism for workers, thereby solidifying the foundation of the natural rubber industry [4]

Core Insights - The Hainan Free Trade Port will officially start its full island closure operation on December 18, 2025, marking a new phase of openness and presenting significant development opportunities for local companies while raising the bar for brand value construction [1][3] Brand Value Status - Hainan has 9 listed companies in the national brand value TOP 3000 list, indicating a substantial room for improvement in brand building among local firms [1] - Hainan Rubber leads with a brand value of 9.56 billion, significantly surpassing the combined brand values of the second to fourth ranked companies, highlighting the need for more leading brand enterprises in the region [2] - The agricultural sector has the highest combined brand value exceeding 14 billion, while most other sectors have not surpassed 1 billion, indicating an imbalance in brand value distribution [2] Opportunities from Closure Policy - The total brand value of Hainan's listed companies is approximately 25.5 billion, ranking 30th among provincial administrative regions, which correlates closely with the region's GDP ranking [3] - The closure policy will implement a unique system of liberalization, expanding the range of zero-tariff goods from 1,900 to about 6,600, covering 74% of all goods [3] - Local companies are positioned to leverage policy advantages, but their success will depend on their ability to enhance competitiveness, address talent shortages, and innovate while facing increased competition [3]

Group 1 - The Hainan Free Trade Port will officially start its full island closure operation on December 18, 2025, as approved by the Central Committee [1] - The capital market reacted quickly, with the Hainan Free Trade Zone index rising by 9.11% on July 24, reaching 1504.21 points [1] - The index opened at 1533.24 points on July 25 but eventually fell to 1447.47 points [1] Group 2 - The "2025 Brand Value Ranking of Hainan Listed Companies" indicates that Hainan has nine listed companies in the top 3000 brand values in China, but others did not make the list due to low brand values [2] - Hainan Rubber (601118.SH) leads the ranking with a brand value of 95.60 billion yuan, significantly higher than the second to fourth ranked companies combined [3][5] - The total brand value of Hainan listed companies is approximately 255 billion yuan, ranking 30th among provincial administrative regions in China [7] Group 3 - The agricultural sector has the highest combined brand value in Hainan, exceeding 14 billion yuan [5] - Hainan's unique tropical climate presents significant potential for agriculture, particularly in marine fisheries [5] - The local listed companies need to enhance competitiveness and address talent shortages to capitalize on the advantages brought by the Free Trade Port [7]

Group 1 - The horse racing concept sector declined by 2.40%, ranking among the top declines in concept sectors, with *ST Zhengping hitting the limit down, and companies like Luoniushan, Hainan Rubber, and Zhujiang Piano also experiencing significant declines [1] - Among the horse racing concept stocks, only two saw price increases, with Zhongmu Co. rising by 0.25% and Xinhua Dou by 0.15% [1] - The horse racing concept sector experienced a net outflow of 138 million yuan from main funds today, with Luoniushan leading the outflow at 94.32 million yuan [2] Group 2 - The top gainers in concept sectors included Sora concept (2.98%), lithography machines (2.79%), and multimodal AI (2.30%), while the Hainan Free Trade Zone and horse racing concept were among the largest decliners [2] - The main fund outflow rankings for the horse racing concept included Luoniushan (-5.54%), *ST Zhengping (-4.88%), and Hainan Rubber (-5.45%) [2] - The trading turnover rate for Luoniushan was 10.64%, while *ST Zhengping had a turnover rate of 4.64% [2]

Group 1 - Hainan Free Trade Zone sector opened high but closed low, indicating a bearish trend [1] - Shennong Agricultural (300189) fell over 9%, reflecting significant market pressure [1] - Xinlong Holdings (000955) declined more than 8%, contributing to the overall downturn in the sector [1] - Hainan Ruize (002596) dropped over 7%, further indicating weakness in the market [1] - Other companies such as Haima Automobile (000572), Hainan Rubber (601118), and Hainan Haiyao (000566) also experienced declines [1]

Group 1 - The horse racing concept sector increased by 4.67%, ranking second in terms of sector gains, with seven stocks rising, including Hainan Rubber and Roniu Mountain reaching the daily limit [1] - The top gainers in the horse racing concept include *ST Zhengping, Zhongti Industry, and Xinhua Dou, with increases of 4.79%, 3.27%, and 2.45% respectively [1] - The Hainan Free Trade Zone concept led the day's gains with an increase of 9.11%, while the horse racing concept followed closely [2] Group 2 - The horse racing concept sector saw a net inflow of 268 million yuan from main funds, with Roniu Mountain receiving the highest net inflow of 151 million yuan [2] - The net inflow ratios for Roniu Mountain, Zhongti Industry, and Hainan Rubber were 19.48%, 13.83%, and 8.94% respectively, indicating strong investor interest [3] - The trading volume for Roniu Mountain was 150.6 million yuan, with a turnover rate of 9.84%, reflecting active trading in this stock [3]

Group 1 - The A-share market showed an overall upward trend on July 24, with the Hainan sector experiencing significant growth, becoming one of the market's highlights [1][2] - The Shanghai Composite Index rose by 0.48% to 3599.44 points, while the Shenzhen Component Index increased by 0.65% and the ChiNext Index by 0.72% [2] - Hainan sector surged over 9% by midday, with individual stocks like Kangzhi Pharmaceutical hitting a 20% limit up, and several others also reaching their daily limit [4][5] Group 2 - Major industry sectors such as retail, steel, and real estate saw gains exceeding 2%, while sectors like telecommunications and banking underperformed [4] - The Hainan sector's total market capitalization reached 349.73 billion, with a trading volume of 22.206 billion [5] - Specific stocks in the Hainan sector, including Hainan Airport and Hainan Highway, also recorded significant increases, with many stocks showing around 10% gains [6] Group 3 - The State Council announced that the Hainan Free Trade Port will officially start its closure operation on December 18, 2025, with new policies aimed at enhancing trade and investment [7][8] - The zero-tariff policy will expand significantly, increasing the proportion of zero-tariff imported goods from 21% to 74%, covering 6600 items [8] - The new policies will facilitate easier trade management and more efficient regulatory measures, promoting a smoother implementation of the open policies [7][8]