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： 证券代码：601118 证券简称：海南橡胶 公告编号：2025-019 海南天然橡胶产业集团股份有限公司 2024 年度利润分配的公告 经天健会计师事务所（特殊普通合伙）审计，2024 年度公司（母公司报 表 ） 共 实 现 净 利 润 317,669,658.61 元 ， 加 上 年 初 未 分 配 利 润 总 额 1,710,613,379.13 元，提取 10%的法定盈余公积 31,766,965.86 元后，再减 去 2024 年公司实施分配的 2023 年普通股现金股利 89,440,039.46 元后，期 末可供股东分配的利润为 1,907,076,032.42 元。 拟以公司 2024 年末总股本 4,279,427,797 股为基数，向全体股东每 10 股派发人民币现金股利 0.109 元（含税），总计分配利润金额 46,645,762.99 元，占 2024 年度公司合并报表中归属于上市公司股东净利润的 45.12%，剩余 未分配利润 1,860 ...

目 录 我们接受委托，审计了海南天然橡胶产业集团股份有限公司（以下简称海南 橡胶公司）2024 年度财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负 债表，2024 年度的合并及母公司利润表、合并及母公司现金流量表、合并及母 公司所有者权益变动表，以及财务报表附注，并出具了审计报告。在此基础上， 我们核查了后附的海南橡胶公司管理层编制的《2024 年度营业收入扣除情况表》 （以下简称扣除情况表）。 一、对报告使用者和使用目的的限定 本报告仅供海南橡胶公司年度报告披露时使用，不得用作任何其他目的。我 们同意将本报告作为海南橡胶公司年度报告的必备文件，随同其他文件一起报送 并对外披露。 为了更好地理解海南橡胶公司 2024 年度营业收入扣除情况，扣除情况表应 当与已审的财务报表一并阅读。 二、管理层的责任 一、关于营业收入扣除情况的专项核查意见………………………第 1—2 页 二、2024 年度营业收入扣除情况表…………………………………第 3—4 页 | | | 关于营业收入扣除情况的专项核查意见 天健审〔2025〕8-513 号 海南天然橡胶产业集团股份有限公司全体股东： 海南橡胶公司管理 ...

目 录 | 一、内部控制审计报告…………………………………………第 | 1—2 | 页 | | --- | --- | --- | | 二、资质附件……………………………………………………第 | 3—8 | 页 | 内部控制审计报告 天健审〔2025〕8-509 号 海南天然橡胶产业集团股份有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求，我们审 计了海南天然橡胶产业集团股份有限公司（以下简称海南橡胶公司）2024 年 12 月 31 日的财务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》《企业内部控制应用指引》以及《企业内部控制 评价指引》的规定，建立健全和有效实施内部控制，并评价其有效性是海南橡胶公司 董事会的责任。 第 1 页 共 8 页 我们认为，海南橡胶公司于 2024 年 12 月 31 日按照《企业内部控制基本规范》 和相关规定在所有重大方面保持了有效的财务报告内部控制。 天健会计师事务所（特殊普通合伙） 中国注册会计师： 二、注册会计师的责任 我们的责任是在实施审计工作的基础上，对财务报告内部控制的有效性发表审计 意见，并对注意 ...

三、资质附件…………………………………………………………第 4—9 页 关于海南天然橡胶产业集团股份有限公司 涉及财务公司关联交易的存款、贷款等 金融业务的专项说明 天健审〔2025〕8-512 号 目 录 | 一、涉及财务公司关联交易的存款、贷款等 | | --- | | 金融业务的专项说明…………………………………………………第 1—2 页 | 二、2024 年度涉及财务公司关联交易的存款、贷款等 金融业务情况汇总表…………………………………………………第 3 页 海南天然橡胶产业集团股份有限公司全体股东： 我们接受委托，审计了海南天然橡胶产业集团股份有限公司（以下简称海南 橡胶公司）2024 年度财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负 债表，2024 年度的合并及母公司利润表、合并及母公司现金流量表、合并及母 公司所有者权益变动表，以及财务报表附注，并出具了审计报告。在此基础上， 我们审核了后附的海南橡胶公司管理层编制的《2024 年度涉及财务公司关联交 易的存款、贷款等金融业务情况汇总表》（以下简称金融业务情况汇总表）。 一、对报告使用者和使用目的的限定 本报告仅供海南橡 ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥10,039,128,211.38, representing a 23.30% increase compared to ¥8,142,341,159.98 in the same period last year[4] - The net profit attributable to shareholders was -¥108,376,973.15, an improvement from -¥161,185,737.70 year-over-year[4] - The basic earnings per share for the reporting period was -¥0.0253, an improvement from -¥0.0377 in the same period last year[4] - The net profit attributable to shareholders, excluding non-recurring gains and losses, improved by 37.09% compared to the previous year[9] - The company experienced a 32.76% increase in net profit attributable to shareholders due to rising rubber product prices[9] - Net profit for Q1 2025 was a loss of ¥121,959,653.85, an improvement from a loss of ¥226,369,005.50 in Q1 2024[19] - The company reported a comprehensive loss of ¥51,627,154.08 for Q1 2025, compared to a loss of ¥372,029,032.67 in Q1 2024[19] Cash Flow and Liquidity - The net cash flow from operating activities increased by 130.41% to ¥444,401,673.51, up from ¥192,873,691.62 in the previous year[4] - In Q1 2025, the cash inflow from operating activities was CNY 11,604,219,621.53, a 32.7% increase from CNY 8,789,148,388.03 in Q1 2024[21] - The net cash flow from operating activities in Q1 2025 was CNY 444,401,673.51, compared to CNY 192,873,691.62 in Q1 2024, reflecting a significant improvement[21] - The cash inflow from financing activities in Q1 2025 totaled CNY 3,506,847,509.79, compared to CNY 2,272,347,526.80 in Q1 2024, marking a 54.2% increase[22] - The net cash flow from financing activities in Q1 2025 was CNY 941,848,928.17, significantly higher than CNY 75,225,893.51 in Q1 2024, indicating improved financing conditions[22] - The total cash and cash equivalents at the end of Q1 2025 reached CNY 6,746,299,488.88, up from CNY 4,198,707,640.16 at the end of Q1 2024, reflecting strong liquidity[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥37,401,710,312.46, a 3.69% increase from ¥36,069,765,150.54 at the end of the previous year[5] - The company's current assets reached CNY 16,796,111,700.36, up from CNY 15,465,796,203.65, indicating an increase of about 8.59%[15] - The company's total liabilities increased to ¥26,154,589,451.46 in Q1 2025, compared to ¥24,771,382,855.46 in Q1 2024[17] - The total equity attributable to shareholders decreased to ¥9,764,694,838.80 in Q1 2025 from ¥9,846,348,103.60 in Q1 2024[17] - The company's non-current assets totaled CNY 20,605,598,612.10, slightly up from CNY 20,603,968,946.89, indicating a marginal increase of approximately 0.01%[15] Operational Costs - Total operating costs for Q1 2025 were ¥10,138,256,677.55, up 20.9% from ¥8,370,772,088.96 in Q1 2024[17] - The cash outflow for purchasing goods and services in Q1 2025 was CNY 10,236,020,460.84, up from CNY 7,927,371,846.97 in Q1 2024, indicating increased operational costs[21] - The cash outflow for employee compensation in Q1 2025 was CNY 456,138,154.44, slightly higher than CNY 419,692,150.97 in Q1 2024, reflecting increased labor costs[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 82,445[10] - The company has not reported any significant changes in shareholder relationships or actions during the reporting period[13] Non-Recurring Items - The company reported non-recurring gains of ¥980,643.98 from the disposal of non-current assets[6] - The company's contract liabilities increased significantly to ¥1,102,340,003.43 in Q1 2025 from ¥509,183,914.65 in Q1 2024, indicating growth in future revenue recognition[17] Research and Development - Research and development expenses for Q1 2025 were ¥4,608,120.41, a decrease from ¥5,379,603.37 in Q1 2024[19] Miscellaneous - There are no applicable reminders for investors regarding the company's operational status during the reporting period[13] - The cash flow statement for Q1 2025 indicates ongoing financial management efforts, although specific cash flow figures were not detailed in the provided content[20] - The impact of exchange rate changes on cash and cash equivalents in Q1 2025 was -CNY 3,171,758.55, an improvement from -CNY 9,209,219.30 in Q1 2024, indicating reduced currency volatility effects[22]

Financial Performance - The company's operating revenue for 2024 reached ¥49.67 billion, representing a 31.80% increase compared to ¥37.69 billion in 2023[22]. - The net profit attributable to shareholders for 2024 was ¥103.39 million, a decrease of 65.20% from ¥297.12 million in 2023[22]. - The net cash flow from operating activities increased by 22.90% to ¥1.51 billion in 2024, up from ¥1.23 billion in 2023[22]. - The total assets of the company as of the end of 2024 were ¥36.07 billion, reflecting a 6.24% increase from ¥33.95 billion at the end of 2023[22]. - The basic earnings per share for 2024 were ¥0.0242, down 65.13% from ¥0.0694 in 2023[23]. - The weighted average return on equity decreased to 1.05% in 2024 from 3.11% in 2023, a decline of 2.06 percentage points[23]. - The company reported a net loss attributable to shareholders of ¥161.19 million in Q1 2024, with a total operating revenue of ¥8.14 billion for the same period[25]. - The company achieved a revenue of 49.67 billion RMB, representing a year-on-year increase of 31.80%[65]. - The net profit attributable to shareholders was 1.03 billion RMB, with total assets amounting to 360.70 billion RMB and net assets of 9.846 billion RMB[65]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of RMB 0.109 per 10 shares, totaling RMB 46,645,762.99 based on a total share capital of 4,279,427,797 shares as of the end of 2024[6]. - The cumulative cash dividend amount over the last three accounting years is 136,085,802.45 RMB, with an average cash dividend payout ratio of 85.60% based on the average net profit of 158,971,132.14 RMB during the same period[181]. Risk Management and Compliance - The company has not identified any significant risks that could impact its ongoing operations during the reporting period[8]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[8]. - The company has not violated any regulatory decision-making procedures in providing guarantees[8]. - The company has detailed various risks and countermeasures in its management discussion and analysis section[8]. - The company is actively managing exchange rate risks through natural hedging and other management tools to mitigate the impact of currency fluctuations on operations[130]. - The company has established a comprehensive compliance management system, focusing on investment mergers and acquisitions, trade environmental protection, and implementing a dynamic management system for exchange rate risks[128]. - The company has committed to enhancing its compliance management and has revised several internal governance documents to improve operational efficiency[162]. Operational Efficiency and Cost Management - The company implemented cost reduction and efficiency enhancement measures, achieving over RMB 400 million in savings, including management of KM and ART companies[37]. - The manufacturing costs for rubber products decreased by 21.43% as a result of cost reduction initiatives[71]. - The company is actively pursuing cost reduction and efficiency improvement projects across its subsidiaries, focusing on procurement management and production optimization[185]. - A new strategic initiative has been launched to improve operational efficiency and reduce costs by 5%[145]. - The company aims to improve operational efficiency, with a goal to reduce costs by 15% through new technologies[146]. Research and Development - The total R&D investment amounted to ¥33,134,563.03, representing 0.07% of the total operating income[77]. - The number of R&D personnel is 364, accounting for 1.32% of the total workforce[78]. - The company has filed 33 new patents during the reporting period, including 21 invention patents[81]. - The company is committed to fostering new productive forces and enhancing the natural rubber industry layout through a comprehensive R&D system[127]. Market and Industry Trends - The global natural rubber production in 2024 is projected to be 14.291 million tons, an increase of 2.8% year-on-year, with China showing a growth of 4.2%[42]. - China's natural rubber consumption in 2024 is expected to reach approximately 7.216 million tons, a year-on-year increase of 3.3%, accounting for 46.7% of global consumption[44]. - The company is positioned as a key player in the national strategy for securing natural rubber resources, benefiting from supportive policies and funding[95]. - The establishment of the RCEP is expected to lower export barriers for rubber and tires, enhancing the company's competitive position in the market[94]. Environmental and Sustainability Initiatives - The company invested approximately 49.13 million yuan in environmental protection initiatives, including projects for VOCs treatment and solar power generation[191]. - The company has made significant investments in environmental projects, including a total budget of 1.6 million yuan for VOCs treatment, with substantial funds already allocated[191]. - The company has established emergency response plans for environmental incidents, which have been filed with the environmental protection authorities[199]. - The wastewater treatment facilities of all processing companies are operational 24/7, ensuring compliance with environmental standards[197]. Governance and Management Changes - The company has undergone several changes in its board and management personnel, including the election of Wang Hongxiang as the chairman of the board[155]. - The company has seen a significant turnover in its management team, with multiple resignations and appointments in recent months[156]. - The company is focusing on compliance and risk management, with Lei Min appointed as the Deputy General Manager of the Compliance and Risk Control Department[147]. - The company has appointed new executives, including the CFO and vice general managers, through board resolutions[156]. Meetings and Shareholder Engagement - The first extraordinary general meeting in 2024 was held on January 30, with 2,768,406,124 shares represented, accounting for 64.6910% of the total voting shares[137]. - The company’s meetings adhered to legal and regulatory requirements, ensuring the validity of the resolutions passed[137][138][139][140][141]. - The company held multiple board meetings and appointed new directors, including Wang Hongxiang as a non-independent director and Yang Yu as the general manager, effective from March 12, 2024[157][158].

证券代码：601118 证券简称：海南橡胶 公告编号：2025-013 海南天然橡胶产业集团股份有限公司 第六届董事会第四十二次会议决议公告 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。 海南天然橡胶产业集团股份有限公司（以下简称"公司"或"海南橡胶"）第 六届董事会第四十二次会议于 2025 年 4 月 7 日以通讯表决方式召开，本次会议应 出席董事 7 名，实际参会董事 7 名。本次会议的召集、召开符合《公司法》《公 司章程》的有关规定，合法有效。会议以记名投票表决方式通过如下议案： 一、审议通过《海南橡胶关于聘任高级管理人员的议案》 经公司总经理提名，董事会提名委员会审核通过，同意聘任崔红光先生为公 司副总经理（挂职一年）。 特此公告。 海南天然橡胶产业集团股份有限公司 董 事 会 2025 年 4 月 8 日 附件：人员简历 崔红光：男，1983 年 8 月出生，农学博士。2013 年 6 月至 2016 年 5 月，任 加拿大农业部伦敦研究与发展中心博士后；2016 年 5 月至 2017 年 6 月，任河北 农业 ...

证券代码：601118 证券简称：海南橡胶 公告编号：2025-012 海南天然橡胶产业集团股份有限公司 关于收到橡胶收入保险赔款及财产险保险赔款的公告 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。 近日，公司已收到上述赔付款项，会计核算计入其他收益。 二、财产险保险赔款 根据公司与中国人民财产保险股份有限公司海南省分公司签订的《海南橡胶 2024 年度胶工团体人身保险及集团财产险统保项目保险合同》约定，2024 年 9 月期间因台风"摩羯"导致投保财产受损，触发保险赔付条件。经查勘定损，确 定保险赔付金额为 5,043,136.52 元，会计核算计入营业外收入。 以上具体会计处理最终以审计机构审计确认后的结果为准，敬请广大投资者 注意投资风险。 一、橡胶收入保险赔款 根据海南天然橡胶产业集团股份有限公司（以下简称"公司"）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、中国平安财产保险股份有 限公司海南分公司、阳光财产保险股份有限公司海南省 ...

Group 1 - The horse racing concept sector increased by 1.31%, ranking fifth among concept sectors in terms of growth, with three stocks rising, including Zhengping Co., which hit the daily limit, and Luoniushan and Hainan Rubber, which rose by 1.05% and 0.78% respectively [1][2] - The leading decliners in the sector included Zhujiang Piano, Xinhua Du, and Zhongti Industry, which fell by 0.82%, 0.80%, and 0.60% respectively [1][2] Group 2 - The horse racing concept sector saw a net inflow of 0.78 billion yuan from main funds today, with three stocks receiving significant inflows, led by Zhengping Co. with a net inflow of 60.81 million yuan, followed by Luoniushan and Hainan Rubber with net inflows of 12.98 million yuan and 12.60 million yuan respectively [2] - In terms of fund inflow ratios, Zhengping Co., Hainan Rubber, and Luoniushan had the highest net inflow rates at 13.15%, 7.59%, and 4.60% respectively [2]

Investment Rating - The report maintains an "Outperform" rating for the agriculture, forestry, animal husbandry, and fishery industry [1][5][39] Core Viewpoints - The report highlights the recovery potential of undervalued leading breeding companies and the long-term upward trend in rubber prices [1][3][14] - Key recommendations include focusing on high ROE value stocks in the breeding sector and identifying growth opportunities in the pet food market [1][3][39] Summary by Sections Investment Recommendations - Recommended stocks include: - For pets: Guai Bao Pet, Zhong Chong Co., and Rui Pu Biological [1][3][16] - For breeding: Mu Yuan Co., Hua Tong Co., and Wen's Food Group [1][3][39] - For rubber: Hainan Rubber, a leading global player in natural rubber cultivation and processing [1][3][22] Breeding Sector - The breeding sector is expected to maintain low volatility in production capacity, with overall supply-demand balance remaining stable [1][17][39] - Specific insights include: - Swine prices were reported at 14.46 CNY/kg, down 8.88% month-on-month, with a slight increase in average weight [2][25] - Poultry supply is at a low, with potential demand recovery as macroeconomic conditions improve [30][35] Planting Chain - The report emphasizes the importance of focusing on leading companies with R&D and integration advantages in the seed industry [1][19][39] - Key recommendations include: - Hainan Rubber, with significant production and processing capabilities [1][22] Market Trends - The report notes that the agriculture, forestry, animal husbandry, and fishery index increased by 0.20% in February, underperforming compared to the broader market [2][5] - The report also highlights the strong performance of specific stocks, such as Tianye Co. and Dayu Biological, with notable increases in their stock prices [2][5]