Financial Performance - The company's operating revenue for 2023 reached ¥37.69 billion, a 145.18% increase compared to ¥15.37 billion in 2022[18]. - The net profit attributable to shareholders was ¥297.12 million, up 288.91% from ¥76.40 million in the previous year[18]. - The net cash flow from operating activities was ¥1.23 billion, reflecting a 6.37% increase from ¥1.16 billion in 2022[18]. - The total assets at the end of 2023 amounted to ¥33.95 billion, a 52.05% increase from ¥22.33 billion at the end of 2022[18]. - Basic earnings per share for 2023 were ¥0.0694, representing a 287.71% increase from ¥0.0179 in 2022[19]. - The company reported a net loss of ¥963.30 million after deducting non-recurring gains and losses, compared to a loss of ¥632.51 million in 2022[18]. - The company experienced a significant increase in non-recurring gains, with a total of ¥1.26 billion reported for 2023, compared to ¥708.91 million in 2022[23]. - The company reported a significant increase in other income, which rose by 51.50% to ¥682.26 million, compared to ¥450.34 million last year[42]. - The gross profit margin for rubber products improved by 0.5 percentage points, reflecting a strong performance in this segment[44]. - The company achieved a sales volume of 13.88 million tons for self-produced rubber products, a 26.87% increase year-on-year[45]. Governance and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm, ensuring the accuracy and completeness of the financial report[4]. - The company has confirmed that all board members attended the board meeting, ensuring proper governance and decision-making[4]. - The company is committed to ensuring the truthfulness, accuracy, and completeness of the annual report, with all responsible parties affirming this commitment[3]. - The company has not violated any decision-making procedures regarding external guarantees[6]. - The company has not faced any issues with more than half of the board members being unable to guarantee the authenticity of the annual report[6]. - The company has implemented a comprehensive compliance management system to mitigate risks and ensure operational integrity[28]. - The company has committed to enhancing its compliance management system and has made significant improvements in risk control capabilities[86]. - The company has established several specialized committees under the board, including the Audit Committee and the Nomination Committee[112]. Strategic Initiatives and Market Expansion - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[18]. - The company aims to enhance its core competitiveness through technological innovation and has established a natural rubber industry innovation alliance with 22 research institutions and enterprises[28]. - The company plans to continue expanding its global strategic layout and enhance its integration capabilities in the natural rubber industry[27]. - The company is focused on core business areas of rubber planting, processing, and trading, aligning with state-owned enterprise development goals[75]. - The company is exploring the use of smart tapping machinery and the renovation of old rubber plantations to improve supply stability and resource security[65]. - The company is actively integrating operations post-acquisition, enhancing international management capabilities and optimizing resource allocation across regions[74]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 300 million allocated for potential mergers[94]. Environmental and Sustainability Efforts - The company has implemented a green development strategy, including solar power generation and biomass fuel substitution in processing plants[28]. - The company has achieved zero wastewater discharge at two of its processing plants, with all treated wastewater being reused for production and irrigation[131]. - The company has invested a total of 32.47 million yuan in environmental protection during the reporting period, with 18 projects related to environmental investment[128]. - The company has established a mechanism for environmental protection and is classified as a key pollutant discharge unit by environmental authorities[130]. - The company has implemented carbon reduction measures, achieving a reduction of 2,731.29 tons of CO2 equivalent emissions[143]. - The company has promoted the use of renewable energy, replacing 3,926 tons of coal with biomass fuel, resulting in a decrease of 2,725 tons of carbon dioxide emissions[144]. Shareholder and Financial Management - The company plans to distribute a cash dividend of RMB 0.209 per 10 shares, totaling RMB 89,440,040.96 based on a total share capital of 4,279,427,797 shares as of the end of 2023[5]. - The total cash dividend amount (including tax) is RMB 89,440,040.96, accounting for 30.1% of the net profit attributable to ordinary shareholders in the consolidated financial statements[121]. - The company has not proposed a cash profit distribution plan despite having a positive profit available for distribution to shareholders[120]. - The company has a structured decision-making process for the remuneration of directors and senior management, involving the board and shareholders[103]. - The total remuneration paid to the company's directors, supervisors, and senior management for the reporting period was 8.3549 million yuan[103]. Risks and Challenges - The company faces risks from natural disasters, which may impact operations, despite having preventive measures and agricultural insurance in place[84]. - The company acknowledges the volatility of natural rubber prices due to factors such as low supply elasticity and speculative capital activities, which may affect operational performance[85]. - The company is preparing for potential global trade slowdowns and geopolitical risks in 2024, which could disrupt economic operations[85]. - The company is currently involved in significant litigation matters, including a lawsuit regarding a construction contract with a claim amount of CNY 10,110,139.21[162]. - The company faces potential impacts on current and future profits due to ongoing litigation, with a recent court ruling requiring further assessment of construction costs[163]. Human Resources and Training - The total number of employees in the parent company and major subsidiaries is 27,434, with 9,700 in the parent company and 17,734 in major subsidiaries[116]. - The company conducted 722 training sessions in 2023, with a total of 44,781 participants[118]. - The company has a total of 19,115 production personnel, 584 sales personnel, and 805 technical personnel[117]. - The company has focused on enhancing its governance structure through independent oversight and compensation committees[103]. Corporate Structure and Shareholding - The largest shareholder, Hainan Rubber Investment Holding Group Co., Ltd., holds 2,622,012,024 shares, accounting for 61.27% of the total shares[194]. - The company did not experience any changes in its total share capital or share structure during the reporting period[190]. - The controlling shareholder is Hainan Provincial Agricultural Reclamation Investment Holding Group Co., Ltd., which focuses on tropical agriculture and modern service industries[198]. - The company holds a 62.5% stake in KM Company listed on the Indonesia Stock Exchange through its wholly-owned subsidiary HSF(S)Pte.Ltd.[198].

证券代码：601118 证券简称：海南橡胶 公告编号：2024-025 海南天然橡胶产业集团股份有限公司 关于购置生产经营场所暨关联交易的公告 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。 重要内容提示： ●海南天然橡胶产业集团股份有限公司（以下简称"公司"）拟以自有资金 购买公司控股股东海南省农垦投资控股集团有限公司（以下简称"海垦控股集 团"）名下的位于海南省海口市海秀中路 71 号海垦广场 A 座 8 层、9 层写字楼。 建筑面积共计 3,276.22 平方米，交易价格为 6,477.88 万元。 ●本次交易构成关联交易，但不构成《上市公司重大资产重组管理办法》规 定的重大资产重组。 ●本次交易事项已经公司第六届董事会第三十一次会议审议通过，无需提交 公司股东大会审议。 ●截至本次关联交易止，除根据规定可免于按照关联交易方式审议和披露的 交易外，过去 12 个月内公司与海垦控股集团及其关联方发生如下关联交易：按 持股比例对海南农垦集团财务有限公司现金增资 1 亿元；全资子公司海南瑞橡热 带经济投资集团有限公司按持股比例 ...

Financial Performance - The company achieved a net profit of CNY 195,542,021.98 for the year 2019, with a total distributable profit of CNY 565,192,591.17 after accounting for retained earnings and legal reserves[3]. - The company reported a retained earnings balance of CNY 550,214,593.88 to be carried forward to the next fiscal year[3]. - The company's operating revenue for 2019 was CNY 13,747,601,241.97, representing a year-on-year increase of 4.19% compared to CNY 13,194,526,248.28 in 2018[16]. - Net profit attributable to shareholders of the listed company decreased by 42.47% to CNY 135,145,295.96 from CNY 234,901,096.69 in the previous year[16]. - Basic earnings per share for 2019 were CNY 0.0316, down 43.17% from CNY 0.0556 in 2018[17]. - The weighted average return on net assets for 2019 was 1.39%, a decrease of 1.3 percentage points from 2.69% in 2018[18]. - The company reported a net profit of CNY 43,066,898.51 in Q4 2019, compared to CNY 10,849,490.45 in Q3 2019[20]. - The total assets at the end of 2019 were CNY 16,686,519,942.88, an increase of 2.62% from CNY 16,261,066,847.16 at the end of 2018[16]. - The net assets attributable to shareholders of the listed company decreased by 4.13% to CNY 9,495,067,018.75 from CNY 9,904,585,227.46 in 2018[16]. - The company reported a total fair value change gain of CNY 242,612,395.76, with a significant contribution from other operating income of CNY 176,918,796.30, primarily from land compensation and social insurance subsidies[23]. Dividends and Shareholder Returns - A cash dividend of CNY 0.035 per share (including tax) is proposed, totaling CNY 14,977,997.29, which represents 11.08% of the net profit attributable to shareholders[3]. - The cash dividend for 2019 is set at 0.035 yuan per share, with a total cash distribution of approximately 14.98 million yuan, representing 11.08% of the net profit attributable to shareholders[88]. Risk Management - The company has no significant risks affecting its ongoing operations during the reporting period[5]. - The company has a comprehensive risk management strategy in place to address potential operational risks[5]. - The company recognizes natural disasters as a significant risk factor, implementing preventive measures and purchasing agricultural insurance to mitigate impacts[86]. - The company is committed to improving internal controls and risk management processes to mitigate operational risks[85]. Acquisitions and Investments - The company acquired and gained control of Jiangsu Aidefu Company, a leading manufacturer in latex foam furniture, enhancing its production scale and profitability[26]. - The company completed the acquisition of R1 Company and 80% of Jiangsu Aidefu Company, enhancing its product value chain[39]. - The company made a new equity investment of CNY 208,617.89 million and USD 6,554.24 million during the reporting period, an increase of CNY 109,427.35 million compared to the previous year[69]. - The company completed a significant asset restructuring involving the acquisition of 5,010,888 shares of R1 Company, which was approved by the board and disclosed in multiple announcements[73]. - The company is actively pursuing market expansion through strategic partnerships and acquisitions to strengthen its competitive position[74]. Research and Development - The company’s R&D expenses rose by 86.06% to 32.3 million RMB, reflecting a strong focus on technological innovation[42]. - Research and development expenses totaled CNY 32.28 million, representing 0.23% of total revenue, with a focus on various innovative technologies[50]. - The company’s research and development expenses for 2019 amounted to CNY 32,282,849.13, compared to CNY 17,351,014.12 in 2018, representing an increase of about 86.73%[192]. Environmental Compliance - The company has implemented a zero-emission policy at certain facilities, with wastewater being treated and reused for production and irrigation[126]. - Hainan Rubber has established a total of 14 standard discharge outlets across its processing plants, ensuring compliance with environmental regulations[126]. - All processing plants have met the environmental discharge standards, achieving either standard discharge or "zero discharge" status[130]. - The company has established emergency response plans for environmental incidents, which have been filed with the relevant environmental authorities[131]. Financial Health - The company has outstanding borrowings of 740 million yuan from various financial institutions, with repayment dates ranging from 2020-01-13 to 2020-11-25[101]. - The company has not defaulted on any court judgments or significant debts during the reporting period[99]. - The company has a total of RMB 680.47 million in guarantees exceeding 50% of net assets[112]. - The company has completed the repayment of 300 million RMB from a structured deposit with Hainan Bank, yielding an annual return of 4.75%[114]. Corporate Governance - The company has established various governance policies to enhance operational standards, including the management of the chairman's reward fund and overseas subsidiaries[162]. - The company held five temporary shareholder meetings in 2019, with the first meeting on January 7, 2019[163]. - The company has a diverse executive team with significant experience in various sectors, including finance and management[148]. - The total remuneration paid to directors, supervisors, and senior management for the year 2019 amounted to CNY 6.6287 million[156]. Social Responsibility - The company has successfully helped 19 out of 27 targeted poverty households to escape poverty, with ongoing support for the remaining households[118]. - Hainan Rubber plans to continue its poverty alleviation efforts in 2020, focusing on employment and industrial poverty alleviation to help the remaining 8 impoverished households[124]. - The company is actively involved in various poverty alleviation strategies, including employment and industry support[117]. Market Trends - The global natural rubber production decreased by 0.7% in 2019, totaling 13.76 million tons, due to adverse weather conditions and disease affecting rubber trees in Southeast Asia[27]. - Global natural rubber consumption also fell by 0.96% to 13.704 million tons, with significant declines in China and India at 3.4% and 6.9% respectively[29]. - The automotive industry, which accounts for approximately 75% of global natural rubber demand, experienced a significant downturn, with global car sales dropping by 3.1 million units in 2019, the largest annual decline since the 2008 financial crisis[31].

证券研究报告 | 2024年04月29日 海南橡胶（601118.SH） 中性 国内橡胶产业龙头，主业升级稳步推进 核心观点 公司研究·深度报告 公司是国内橡胶产业龙头。公司以销售天然橡胶初加工产品作为核心业务， 农林牧渔·种植业 2022年，公司橡胶贸易量310万吨（含受托管理的KM公司和ART公司，不 证券分析师：鲁家瑞 证券分析师：李瑞楠 含HAC公司），约占全球的22%，在全球天然橡胶行业上拥有较强的行业影 021-61761016 021-60893308 lujiarui@guosen.com.cn liruinan@guosen.com.cn 响力和市场竞争力。目前公司旗下的标胶产品已涵盖全乳胶、5号标胶、20 S0980520110002 S0980523030001 号标胶、子午线轮胎胶等主要品类且正积极向特种胶、橡胶深加工等领域纵 联系人：江海航 深拓展。除天然橡胶主业外，公司还广泛涉足橡胶木加工与销售、金融、仓 010-88005306 jianghaihang@guosen.com.cn 储物流、电子商务等众多领域，围绕主业升级、副业并进的发展战略，公司 基础数据 未来有望实现长足发展 ...

证券研究报告 | 2024年04月29日 海南橡胶（601118.SH） 中性 国内橡胶产业龙头，主业升级稳步推进 核心观点 公司研究·深度报告 公司是国内橡胶产业龙头。公司以销售天然橡胶初加工产品作为核心业务， 农林牧渔·种植业 2022年，公司橡胶贸易量310万吨（含受托管理的KM公司和ART公司，不 证券分析师：鲁家瑞 证券分析师：李瑞楠 含HAC公司），约占全球的22%，在全球天然橡胶行业上拥有较强的行业影 021-61761016 021-60893308 lujiarui@guosen.com.cn liruinan@guosen.com.cn 响力和市场竞争力。目前公司旗下的标胶产品已涵盖全乳胶、5号标胶、20 S0980520110002 S0980523030001 号标胶、子午线轮胎胶等主要品类且正积极向特种胶、橡胶深加工等领域纵 联系人：江海航 深拓展。除天然橡胶主业外，公司还广泛涉足橡胶木加工与销售、金融、仓 010-88005306 jianghaihang@guosen.com.cn 储物流、电子商务等众多领域，围绕主业升级、副业并进的发展战略，公司 基础数据 未来有望实现长足发展 ...

海南天然橡胶产业集团股份有限公司 证券代码：601118 证券简称：海南橡胶 公告编号：2024-023 在上述授权金额及期限内，公司合计使用3.5亿元闲置募集资金暂时补充流动 资金。 截至 2024 年 4 月 25 日，公司已将上述暂时用于补充流动资金的募集资金 3.5 亿元人民币全部归还至募集资金专户，并已将该归还情况通知保荐机构和保 荐代表人。 特此公告。 海南天然橡胶产业集团股份有限公司 董 事 会 2024 年 4 月 26 日 1 关于归还暂时补充流动资金的闲置募集资金的公告 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"公司"）于2023年4月26日 召开第六届董事会第二十一次会议和第六届监事会第十二次会议，审议通过了《海 南橡胶关于使用部分闲置募集资金暂时补充流动资金的议案》，在保证募集资金投 资项目建设的资金需求和不影响募集资金投资项目正常进行的前提下，为提高闲 置募集资金使用效率，同时降低公司的财务费用，同意使用部分闲置募集资金暂时 补充公司流动资金，金额不超 ...

证券代码：601118 证券简称：海南橡胶 公告编号：2024-022 海南天然橡胶产业集团股份有限公司 海南天然橡胶产业集团股份有限公司 董 事 会 2024 年 3 月 29 日 1 附件：人员简历 杨宇：男，1972 年 10 月出生，工商管理硕士，高级国际商务师。2018 年 1 月至今，任合盛农业集团有限公司中国区首席代表，期间先后兼任合盛天然橡胶 (上海)有限公司董事长、总经理，海南中化橡胶有限公司董事长、总经理，西双 版纳中化橡胶有限公司董事长、总经理，上海玺美橡胶制品有限公司董事长、总 经理，海南天然橡胶产业集团金橡有限公司董事长，云南海胶橡胶产业有限公司 董事长等职务；2023 年 3 月至 2024 年 2 月，任海南橡胶副总经理；2023 年 11 月至今，兼任天然橡胶产业创新联盟秘书长；2024 年 2 月至 2024 年 3 月，任海 南橡胶总经理；2024 年 3 月至今，任海南橡胶董事、总经理。 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 ...

海南晋世律师事务所 关于海南天然橡胶产业集团股份有限公司 2024 年第二次临时股东大会的法律意见书 琼晋律法字[2024]第149号 1 业务标准、道德规范和勤勉尽责精神，本所出具法律意见如下： 一、本次股东大会的召集、召开程序 （一）公司董事会已于 2024 年 3 月 13 日在《中国证券报》 《上海证券报》《证券时报》《证券日报》以及上海证券交易所 网站（www.sse.com.cn）上刊登《关于召开 2024 年第二次临时 股东大会的通知》（以下简称《会议通知》）。前述公告已载明 了本次股东大会的会议召集人、现场会议召开时间和网络投票时 间、会议地点、会议召开方式、会议审议事项、参与网络投票的 股东的投票程序、会议出席对象、参与现场会议股东的登记方法 等内容。本次股东大会现场会议定于 2024 年 3 月 28 日 15:00 召 开。公司董事会已就本次股东大会的召开作出决议并于会议召开 提前十五日通知了全体股东。 海南晋世律师事务所（以下简称"本所"）接受海南天然橡 胶产业集团股份有限公司（以下简称"公司"）的委托，指派律 师覃坤妹、刘悦笛出席公司于2024年3月28日15：00在海南省海 口市滨 ...

证券代码：601118 证券简称：海南橡胶 公告编号：2024-021 海南天然橡胶产业集团股份有限公司 2024 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：2024 年 3 月 28 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： | 1、出席会议的股东和代理人人数 | 12 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 2,818,746,349 | | 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 | 65.8673 | | 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。 本次会议由董事会召集，副董事长王天明先生主持。 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》的规定。 (五)公司董事、监事和董事会 ...

证券代码：601118 证券简称：海南橡胶 公告编号：2024-020 海南天然橡胶产业集团股份有限公司 关于公司董事辞职的公告 1 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"公司"）董事会近日收到 公司董事李小平先生的辞职报告。因工作变动原因，李小平先生辞去公司第六届 董事会董事职务。李小平先生辞职后将不再担任公司任何职务。 根据《公司法》《公司章程》等有关规定，李小平先生的辞职不会导致公司 董事会人数低于法定人数，不会影响公司董事会的正常运作，其辞职报告自送达 董事会之日起生效。李小平先生在担任公司董事期间认真履职、勤勉尽责，公司 董事会对李小平先生为公司发展所做出的贡献表示衷心的感谢！ 特此公告。 海南天然橡胶产业集团股份有限公司 董 事 会 2024年3月19日 ...