HAINAN RUBBER GROUP(SH:601118) Qi Huo Ri Bao Wang·2025-05-29 16:09Core Insights - The natural rubber industry in Hainan has faced significant challenges due to the impact of Typhoon "Mojia" in 2024, prompting the Shanghai Futures Exchange (SHFE) to collaborate with Haiqiao Group on a "Stabilization Action" project to support rubber farmers and stabilize raw material supply [1][2] Group 1: Project Overview - The "Stabilization Action" project initiated by SHFE in 2019 has provided financial support of 59.9 million yuan to Haiqiao Group, helping 110,700 rubber farmers mitigate price volatility risks, with a total payout of 55.65 million yuan [2] - The project has successfully integrated financial tools with the real economy, creating a new path for supply assurance and development through financial innovation [2][7] Group 2: Challenges in the Industry - The global natural rubber market is facing challenges such as frequent abandonment of rubber tree management, adverse weather conditions, and low economic returns, with rubber yield per mu (approximately 0.067 hectares) only reaching 800 to 1,000 yuan compared to much higher yields from other crops [2][3] - Typhoon "Mojia" has caused significant damage to rubber trees in Hainan, leading to a reported production of 368,600 tons in 2024, a 5.3% increase year-on-year, which could have been higher without the typhoon [3][4] Group 3: Training and Engagement - In 2024, Haiqiao Group organized around 60 training sessions for rubber farmers, reaching over 4,000 participants to enhance their understanding and participation in the "Stabilization Action" project [3][4] Group 4: Technological Innovations - Haiqiao Group has developed a "Rubber Smart Purchasing Platform" to improve market management and ensure precise fund distribution to farmers, making it the only system in China covering rubber insurance and options services [4][6] - The platform utilizes information technology for data management and ensures transparency in fund distribution, with 60% to 70% of payout amounts being advanced to farmers to maintain production motivation [6] Group 5: Financial Mechanisms - The "Stabilization Action" project has established a replicable support model that connects financial markets with agricultural production, stabilizing farmers' confidence and enhancing operational resilience for enterprises [7][8] - The project employs a "leading enterprise + over-the-counter options" model to secure stable pricing for rubber farmers, effectively transferring price risk to the futures market and creating a closed-loop risk management system [8]