Group 1 - The core point of the announcement is the extension of the commitment period by the controlling shareholder, Hainan Agricultural Reclamation Investment Holding Group Co., Ltd., to resolve potential competition issues with the listed company [1][9] - The original commitment was made on July 11, 2017, to transfer all shares of KM Company and ART Company held by HSF(S) Pte. Ltd. to the listed company within 30 months, contingent on improving the asset quality and profitability of the listed company [1][2] - The commitment was extended on December 22, 2019, to December 31, 2025, due to the prolonged downturn in the natural rubber market and the underperformance of KM Company [3][4] Group 2 - The progress of the commitment includes the management rights of KM Company and ART Company being entrusted to the listed company since the original commitment was made [5] - The natural rubber industry is showing signs of recovery since 2024, with KM Company and ART Company stabilizing their profitability [7] - The controlling shareholder plans to resolve the competition issue through asset injection, which is deemed beneficial for the company's long-term development and strategic positioning in the natural rubber market [6][8] Group 3 - The new commitment extends the deadline to December 31, 2028, for transferring the shares of KM Company and ART Company to the listed company or a third party [11] - The decision to extend the commitment was approved by the board of directors with a unanimous vote, and it will be submitted for shareholder approval [12][13] - The extension is expected to help further resolve competition issues and align with regulatory requirements, ensuring no harm to the interests of the company and its shareholders [14]
海南天然橡胶产业集团股份有限公司 关于控股股东调整承诺的公告