证券代码：601118 证券简称：海南橡胶 公告编号：2025-064 海南天然橡胶产业集团股份有限公司 关于选举董事的公告 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。 根据《公司法》和《公司章程》相关规定，经公司控股股东海南省农垦投资 控股集团有限公司提名，公司分别于 2025 年 10 月 13 日和 2025 年 10 月 29 日召 开第六届董事会第四十九次会议和 2025 年第二次临时股东大会，分别审议通过 了《海南橡胶关于提名董事候选人的议案》和《海南橡胶关于选举董事的议案》， 韩久海先生当选为公司董事，任期与公司第六届董事会同步。 董 事 会 2025 年 10 月 30 日 1 附件：人员简历 韩久海：男，1968 年 9 月出生，工商管理硕士。2019 年 6 月至 2020 年 12 月，任海南省农垦投资控股集团有限公司规划发展部常务副总经理（2020 年 7 月至 2020 年 12 月负责全面工作）；2020 年 12 月至 2023 年 3 月，任海南省农垦 投资控股集团有限公司战略企划部总经理； ...

www.huiyelaw.com 上海汇业（海口）律师事务所 关于海南天然橡胶产业集团股份有限公司 2025 年第二次临时股东大会的 法律意见书 致：海南天然橡胶产业集团股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"） 中国证券监督管理委员会《上市公司股东会规则》（以下简称 "《股东会规则》"）、上海证券交易所业务规则以及海南天然 橡胶产业集团股份有限公司（以下简称"公司"）《公司章程》 的规定，上海汇业（海口）律师事务所（以下简称"本所"） 接受公司的委托，指派本所律师出席公司 2025 年第二次临 时股东大会（以下简称"本次股东大会"），并依法出具本法 律意见书。 本法律意见书仅就本次股东大会的召集和召开程序是 否符合法律、法规、规章及规范性文件及《公司章程》的规 定，以及出席本次股东大会人员的资格、召集人资格、会议 表决程序及表决结果是否合法有效发表意见，而不对本次股 东大会所审议的议案内容以及该等议案所表述的相关事实 或数据的真实性、准确性或合法性发表意见。本次股东大会 通过网络投票系统进行投票的股东资格由网络投票系统提 供机构验证其身份。 为出具本法律意见书，本所律师列席了本次股 ...

证券代码：601118 证券简称：海南橡胶 公告编号：2025-063 海南天然橡胶产业集团股份有限公司 2025年第二次临时股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一) 股东大会召开的时间：2025 年 10 月 29 日 (二) 股东大会召开的地点：公司会议室 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 本次会议由董事会召集，经半数以上董事共同推举，由董事杨宇先生主持。 | 1、出席会议的股东和代理人人数 | 441 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 2,775,857,536 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 64.8651 | | 份总数的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况 等。 会议采取现场投票和网络投票相结合的表决方式，符合《公司法》及《公司 章程》的规 ...

Group 1 - The horse racing concept sector declined by 1.06%, ranking among the top losers in the market, with major declines seen in companies like Zhujiang Piano and Zhongti Industry [1][2] - Among the horse racing concept stocks, Zhujiang Piano hit the daily limit down, while Zhongti Industry and Xinhua Dou also experienced significant declines [1][2] - Conversely, a few stocks in the sector saw gains, with *ST Zhengping, Zhongmu Co., and Hainan Rubber increasing by 5.03%, 0.41%, and 0.37% respectively [1][2] Group 2 - The horse racing concept sector experienced a net outflow of 0.38 billion yuan in capital today, with Xinhua Dou leading the outflow at 17.30 million yuan [2] - Other companies with significant capital outflows included Zhujiang Piano, Luoniushan, and Zhongti Industry, with outflows of 15.08 million yuan, 13.01 million yuan, and 12.06 million yuan respectively [2] - In contrast, Hainan Rubber, *ST Zhengping, and Zhongmu Co. saw net inflows of 14.36 million yuan, 4.76 million yuan, and 0.38 million yuan respectively [2]

Investment Rating - The report maintains a "Positive" investment rating for the agriculture industry [5] Core Viewpoints - The pig farming sector is expected to benefit from recent policies and market forces that promote capacity reduction, leading to long-term performance improvements [3][36] - The current trend in grain prices is upward, indicating a favorable fundamental outlook for planting and seed industries, highlighting significant investment opportunities [3][36] - The pet food sector is experiencing growth, with increasing recognition of domestic brands and continuous market expansion [3][36] Summary by Relevant Sections Pig Farming - The current pig price is weak, with the average price for external three yuan pigs at 11.82 yuan/kg, a week-on-week increase of 5.82% [10][44] - The industry is entering a phase of capacity reduction, with pig prices expected to stabilize and potentially rise in the long term due to policy support [7][10] Poultry - White feather broiler prices have shown slight increases, with the current price at 6.88 yuan/kg, reflecting a week-on-week rise of 0.15% [13][44] - The yellow feather broiler prices continue to remain strong, indicating a stable market environment [21][44] Feed Sector - Corn prices have decreased slightly, while soybean meal and wheat prices have increased, indicating a mixed market for feed ingredients [23][44] - The average price of pig feed is 3.37 yuan/kg, showing a slight decrease of 0.30% [44] Bulk Agricultural Products - Natural rubber prices have risen, with the current price at 15,335 yuan/ton, a week-on-week increase of 4.36% [30][44] - The report indicates that the down cycle for bulk agricultural products is nearing its end, with signs of recovery in certain segments [30][44]

Core Insights - The agriculture sector experienced a slight decline of 0.19% on October 24, with Yasheng Group leading the losses [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Sector Performance - Notable gainers in the agriculture sector included: - Hualu Biological (300970) with a closing price of 16.73, up 7.38% and a trading volume of 182,200 shares, totaling 303 million yuan [1] - Honghui Fruits and Vegetables (603336) closed at 9.66, up 2.33% with a trading volume of 162,400 shares, totaling 157 million yuan [1] - Conversely, Yasheng Group (600108) led the declines, closing at 3.10, down 1.59% with a trading volume of 399,200 shares, totaling 125 million yuan [2] Capital Flow - The agriculture sector saw a net outflow of 26.5 million yuan from institutional investors, while retail investors experienced a net outflow of 10.8 million yuan [2] - Speculative funds recorded a net inflow of 37.3 million yuan into the sector [2] Individual Stock Capital Flow - Notable capital flows included: - Zhongxing Fungi Industry (002772) with a net inflow of 30.3 million yuan from institutional investors, but a net outflow of 36.6 million yuan from retail investors [3] - Shennong Seed Industry (300189) had a net inflow of 17.9 million yuan from institutional investors, but a net outflow of 8.2 million yuan from retail investors [3]

Core Viewpoint - Hainan Rubber's stock performance shows a slight increase, with significant financing activities indicating a mixed sentiment among investors [1][2]. Financing Summary - On October 23, Hainan Rubber experienced a financing buy-in of 21.14 million yuan, while financing repayment amounted to 25.28 million yuan, resulting in a net financing outflow of 4.13 million yuan [1]. - The total financing and securities balance for Hainan Rubber reached 777 million yuan, with the financing balance accounting for 3.30% of the circulating market value, indicating a high level compared to the past year [1]. - The company had a securities lending repayment of 16,100 shares and a securities lending sell-out of 27,100 shares, with a total sell-out value of 148,800 yuan [1]. Company Overview - Hainan Rubber, established on March 29, 2005, and listed on January 7, 2011, is primarily engaged in the planting, processing, research, and sales of natural rubber [1]. - The company's main revenue sources include rubber product sales (98.67%), with minor contributions from other sales [1]. Shareholder and Financial Performance - As of September 19, Hainan Rubber had 81,000 shareholders, a decrease of 2.41%, while the average circulating shares per person increased by 2.47% to 52,832 shares [2]. - For the first half of 2025, Hainan Rubber reported a revenue of 22.86 billion yuan, reflecting a year-on-year growth of 18.99%, while the net profit attributable to shareholders was -176 million yuan, showing a 40.62% increase compared to the previous year [2]. Dividend and Institutional Holdings - Since its A-share listing, Hainan Rubber has distributed a total of 1.18 billion yuan in dividends, with 136 million yuan distributed over the past three years [3]. - As of June 30, 2025, major shareholders include Dongfanghong Qiheng Mixed Fund, which reduced its holdings by 16.50 million shares, and Southern CSI 500 ETF, which increased its holdings by 3.52 million shares [3].

Core Viewpoint - The article discusses the recent disclosures of third-quarter reports from A-share listed companies, highlighting the trading activities of several large private equity firms, including significant reductions in holdings by some and new investments by others [1]. Group 1: High Yi Asset's Trading Activities - High Yi Asset's CIO, Deng Xiaofeng, significantly reduced holdings in Zijin Mining, exiting the shareholder list with the High Yi Xiaofeng Hongyuan Fund and reducing shares in the High Yi Xiaofeng No. 2 Fund by 18.6 million shares, bringing total holdings down to 180 million shares, valued at approximately 5.3 billion yuan [3]. - Zijin Mining's stock price has increased by 99.14% year-to-date, with reported revenues of 254.2 billion yuan, a year-on-year increase of 10.33%, and a net profit of 37.864 billion yuan, up 55.45% [3]. Group 2: Hikvision's Trading Activities - Feng Liu, a senior fund manager at High Yi Asset, continued to reduce holdings in Hikvision, selling 58 million shares, bringing total holdings down to 280 million shares, with a market value of 8.826 billion yuan [5]. - Hikvision's third-quarter report shows total revenue of 65.758 billion yuan, a year-on-year increase of 1.18%, and a net profit of 9.319 billion yuan, up 14.94% [6]. Group 3: New Investments by Other Private Equity Firms - Ruijun Asset's Chief Research Officer, Dong Chengfei, increased holdings in Yangjie Technology, raising total shares to 10.9598 million, with a market value of 762 million yuan [8]. - Yangjie Technology reported revenues of 5.348 billion yuan, a year-on-year increase of 20.89%, and a net profit of 974 million yuan, up 45.51%, with a stock price increase of 75.34% year-to-date [9]. - Chongyang Investment entered Haitong Development, holding 7.7919 million shares valued at 101 million yuan [10]. - Lingren Private Fund made a new investment in Zhongce Rubber, acquiring 1.1539 million shares valued at 58 million yuan [12].

Group 1 - The horse racing concept sector increased by 1.40%, ranking 6th among concept sectors in terms of growth, with three stocks rising, including Zhujiang Piano and *ST Zhengping, which both hit the daily limit [1] - The main inflow of funds into the horse racing concept sector was 0.20 billion yuan, with Zhujiang Piano receiving the highest net inflow of 69.95 million yuan, followed by *ST Zhengping and Zhongmu Co., Ltd. [2][3] - The net inflow ratios for Zhujiang Piano, *ST Zhengping, and Zhongmu Co., Ltd. were 32.38%, 16.33%, and 1.25%, respectively [3] Group 2 - The top-performing concept sectors today included combustible ice with a 4.06% increase and shale gas with a 2.29% increase, while sectors like Hainan Free Trade Zone and graphite electrodes saw declines of 2.61% and 2.34%, respectively [2] - The trading volume and turnover rates for the leading stocks in the horse racing concept sector were notable, with Zhujiang Piano showing a turnover rate of 2.88% and *ST Zhengping at 1.25% [3]

Core Insights - The agriculture sector experienced a decline of 0.98% on October 22, with Shennong Seed Industry leading the drop [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Sector Performance - The agriculture sector's main stocks showed mixed performance, with notable declines in Shennong Seed Industry, which fell by 3.19% to a closing price of 4.55 [2] - Other significant decliners included Hainan Rubber (-2.68%), Qiule Seed Industry (-2.67%), and Honghui Early Vegetables (-2.60%) [2] Trading Volume and Capital Flow - The agriculture sector saw a net outflow of 162 million yuan from main funds, while retail investors contributed a net inflow of 123 million yuan [2] - The trading volume for Shennong Seed Industry was 867,700 shares, with a transaction value of 400 million yuan, indicating significant trading activity despite the price drop [2] Individual Stock Analysis - Notable stocks with significant capital flow included Zhongxing Fungi, which had a main fund net inflow of 26.44 million yuan, while other stocks like Nuo Puxin experienced a net outflow of 4.93 million yuan from main funds [3] - The overall sentiment in the sector appears cautious, with many stocks experiencing negative net inflows from main and speculative funds [3]