南方中证500ETF（510500）成立日期2013年2月6日，最新规模1400.98亿。今年以来收益4.69%，同类 排名1222/5488；近一年收益46.51%，同类排名1421/4192；成立以来收益163.46%。 南方中证500ETF（510500）基金经理为罗文杰。 1月7日，海南橡胶涨5.21%，截至发稿，报6.06元/股，成交1.58亿元，换手率0.63%，总市值259.33亿 元。 资料显示，海南天然橡胶产业集团股份有限公司位于海南省海口市滨海大道103号财富广场4楼，成立日 期2005年3月29日，上市日期2011年1月7日，公司主营业务涉及天然橡胶的种植、加工、科研和销售等 相关业务。主营业务收入构成为：橡胶产品销售98.67%，其他(补充)0.96%，橡胶木材销售0.37%。 从海南橡胶十大流通股东角度 数据显示，南方基金旗下1只基金位居海南橡胶十大流通股东。南方中证500ETF（510500）三季度减持 54.29万股，持有股数2481.62万股，占流通股的比例为0.58%。根据测算，今日浮盈赚取约744.48万元。 截至发稿，罗文杰累计任职时间12年264天，现任基金资产总规模1 ...

证券日报网讯 1月5日，海南橡胶在互动平台回答投资者提问时表示，股价不仅受公司经营业绩和发展 前景的影响，而且还受到宏观经济、产业政策乃至投资者心理预期、市场流动性、即期投资偏好等诸多 因素影响，请理性看待股票的走势，谨慎对待股票市场存在的风险。公司始终坚持以"为国利民，胶融 天下"为使命，着力巩固提升产业根基，完善全产业链建设，推动境内外、各板块融合发展，强化科技 支撑作用，积极采取多种措施提升公司业绩回报投资者。 （文章来源：证券日报） ...

融券方面，海南橡胶12月29日融券偿还3.43万股，融券卖出3.79万股，按当日收盘价计算，卖出金额 23.16万元；融券余量143.01万股，融券余额873.79万元，超过近一年90%分位水平，处于高位。 机构持仓方面，截止2025年9月30日，海南橡胶十大流通股东中，大成新锐产业混合A（090018）位居 第二大流通股东，持股3571.46万股，为新进股东。香港中央结算有限公司位居第三大流通股东，持股 2909.38万股，相比上期增加383.44万股。南方中证500ETF（510500）位居第四大流通股东，持股 2481.62万股，相比上期减少54.29万股。大成产业趋势混合A（010826）位居第五大流通股东，持股 2466.14万股，为新进股东。汇添富中证主要消费ETF（159928）位居第六大流通股东，持股2164.77万 股，相比上期增加750.98万股。大成睿景灵活配置混合A（001300）位居第七大流通股东，持股1748.96 万股，为新进股东。大成景气精选六个月持有混合A（013435）位居第十大流通股东，持股1341.10万 股，为新进股东。东方红启恒三年持有混合A（910004）退出十大 ...

注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 据天眼查APP显示，海南天然橡胶产业集团股份有限公司成立于2005年03月29日，注册资本 427942.7797万人民币。（数据宝） 数据宝统计，截至10:29，海南橡胶成交额11.05亿元，创2024年12月4日以来新高。最新股价下跌 0.99%，换手率4.12%。上一交易日该股全天成交额为7.75亿元。 ...

数据显示，南方基金旗下1只基金位居海南橡胶十大流通股东。南方中证500ETF（510500）三季度减持 54.29万股，持有股数2481.62万股，占流通股的比例为0.58%。根据测算，今日浮盈赚取约670.04万元。 12月19日，海南橡胶涨5.09%，截至发稿，报5.57元/股，成交2.62亿元，换手率1.13%，总市值238.36亿 元。 资料显示，海南天然橡胶产业集团股份有限公司位于海南省海口市滨海大道103号财富广场4楼，成立日 期2005年3月29日，上市日期2011年1月7日，公司主营业务涉及天然橡胶的种植、加工、科研和销售等 相关业务。主营业务收入构成为：橡胶产品销售98.67%，其他(补充)0.96%，橡胶木材销售0.37%。 从海南橡胶十大流通股东角度 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 南方中证500ETF（510500）成立日期2013年2月6日，最新规模1400.98亿。今年以来收益26.11%，同类 排名1696 ...

汇添富中证主要消费ETF（159928）基金经理为过蓓蓓。 截至发稿，过蓓蓓累计任职时间10年142天，现任基金资产总规模577.14亿元，任职期间最佳基金回报 136.6%， 任职期间最差基金回报-63.9%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 12月19日，海南橡胶涨5.09%，截至发稿，报5.57元/股，成交2.62亿元，换手率1.13%，总市值238.36亿 元。 资料显示，海南天然橡胶产业集团股份有限公司位于海南省海口市滨海大道103号财富广场4楼，成立日 期2005年3月29日，上市日期2011年1月7日，公司主营业务涉及天然橡胶的种植、加工、科研和销售等 相关业务。主营业务收入构成为：橡胶产品销售98.67%，其他(补充)0.96%，橡胶木材销售0.37%。 从海南橡胶十大流通股东角度 数据显示，汇添富基金旗下1只基金位居海南橡胶十大流通股东。汇添富中证主要消费ETF（159928） 三季度增持750.98万股，持有股数21 ...

二、橡胶树保险赔款 根据《海南橡胶2025年橡胶树完全成本保险项目保险协议》和《海南橡胶2025年橡胶树物化成本保险项 目保险协议》的约定，受2025年第1号台风"蝴蝶"影响，触发保险赔付条件。经查勘定损，确定保险赔 付金额为25,753,969.72元。公司近日已收到赔付款项，会计核算冲减营业外支出。 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。 一、橡胶收入保险赔款 根据《海南橡胶2025年橡胶收入保险项目保险协议》的约定，2025年8月期间因橡胶价格波动造成收入 损失，触发保险赔付条件。经査勘定损，确定保险赔付金额为26,649,219.22元。公司近日已收到赔付款 项，会计核算记入其他收益。 证券代码：601118 证券简称：海南橡胶 公告编号：2025-076 海南天然橡胶产业集团股份有限公司 关于收到橡胶保险赔款及征地 青苗补偿款的公告 三、青苗补偿款 根据《海南省人民政府关于重新公布全省征地区片综合地价的通知》，公司近日收到海口羊山大道至定 安母瑞山公路（定安段）电力设施迁改工程等征地项目的青苗补偿款290,9 ...

Core Viewpoint - Hainan Rubber is transforming from a traditional rubber enterprise into the world's largest natural rubber full industry chain company through technological empowerment and production model innovation [2][3][4]. Group 1: Production Model Transformation - The introduction of smart rubber tapping machines has shifted the work schedule of rubber farmers from night to day, allowing for a more efficient and less labor-intensive process [2][3]. - The company established Hainan Haijiao Intelligent Manufacturing Technology Co., Ltd. in 2022 to develop smart tapping machines, significantly increasing the tapping efficiency from 30% of manual output to over 80% [4]. - A centralized procurement management system was implemented to reduce costs and improve efficiency, exemplified by a 13.4% reduction in electricity procurement costs through a group purchasing model [5][6]. Group 2: Global Expansion and Industry Development - Hainan Rubber is focusing on deep processing, high-end products, and internationalization to enhance profitability, with R&D investments reaching 33.13 million yuan in 2024 [7]. - The company has expanded its global footprint to 15 countries, with 40 rubber processing plants and 600,000 acres of rubber plantations, processing 2.45 million tons of natural rubber annually, accounting for 17% of global production [8]. - The acquisition of Singapore-listed company Sinochem International's subsidiary has enabled Hainan Rubber to gain overseas processing capacity and enhance its position in the global rubber trade [8]. Group 3: Future Development and Policy Benefits - The company plans to enhance its sustainable development capabilities by improving rubber plantation infrastructure and focusing on high-quality rubber varieties [9]. - The upcoming launch of the Hainan Free Trade Port is expected to provide favorable conditions for cross-border financing and enhance the company's influence in the global natural rubber trade [10]. - Hainan Rubber aims to leverage opportunities from the Free Trade Port to activate land value and create greater value for investors through diversified agricultural development [11].

Core Viewpoint - Hainan Rubber experienced a decline of 0.80% on November 17, with a trading volume of 413 million yuan, indicating a high level of financing and margin trading activity [1][2]. Financing Summary - On November 17, Hainan Rubber had a financing buy amount of 56.50 million yuan and a financing repayment of 61.51 million yuan, resulting in a net financing buy of -5.01 million yuan. The total financing and margin trading balance reached 895 million yuan [1]. - The current financing balance of Hainan Rubber is 889 million yuan, accounting for 3.34% of its market capitalization, which is above the 90th percentile of the past year, indicating a high level of financing activity [1]. - The margin trading data shows that on November 17, 191,700 shares were repaid while 344,000 shares were sold short, with a selling amount of approximately 2.14 million yuan. The margin balance is 6.46 million yuan, also above the 90th percentile of the past year [1]. Company Overview - Hainan Rubber Industry Group Co., Ltd. is located in Haikou, Hainan Province, and was established on March 29, 2005. It was listed on January 7, 2011. The company primarily engages in the planting, processing, research, and sales of natural rubber [1]. - The main revenue sources for Hainan Rubber are rubber product sales (98.67%), followed by other sales (0.96%) and rubber wood sales (0.37%) [1]. Financial Performance - As of October 31, Hainan Rubber had 79,700 shareholders, a decrease of 0.65% from the previous period, with an average of 53,694 circulating shares per shareholder, an increase of 0.65% [2]. - For the period from January to September 2025, Hainan Rubber reported a revenue of 33.96 billion yuan, a year-on-year increase of 3.23%. However, the net profit attributable to shareholders was -275 million yuan, reflecting a year-on-year increase of 40.24% in losses [2]. - 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 [2]. Institutional Holdings - As of September 30, 2025, the top ten circulating shareholders of Hainan Rubber include major institutional investors, with notable changes in holdings. For instance, Dazheng New Industry Mixed A became the second-largest shareholder with 35.71 million shares, while Hong Kong Central Clearing Limited increased its holdings by 3.83 million shares [3]. - Other significant shareholders include Southern CSI 500 ETF, which reduced its holdings by 542,900 shares, and several new institutional investors entered the top ten list [3].

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints of the Report - The cost and processing profit losses support the price, but the peak supply season and macro uncertainties suppress the upward movement, with the overall situation continuing to fluctuate [1]. - Yunnan is approaching the end of the tapping season, and raw material prices have stopped falling, although profits remain low, providing some support for the far - month RU contracts. Thai cup rubber prices have risen due to factory purchases and weather conditions, but the peak season still exerts pressure on the upside. Domestic downstream demand is stable, but inventory accumulation has started in November due to increased imports, causing the spot market to weaken slightly. Overall, there are no obvious supply - demand contradictions, and the market will continue to fluctuate. Attention should be paid to raw material output, inventory accumulation speed, and macro - policies in November [9]. 3. Summary According to the Table of Contents 3.1 Overview - **Global Production**: In September 2025, the global natural rubber production showed a slight increase overall. Thailand produced 451,500 tons, Indonesia 195,000 tons, Vietnam 151,800 tons, China 122,300 tons, and Malaysia 33,000 tons. China had a significant increase in production, while Vietnam had a decline [5]. - **Main - producing Countries' Export Volume**: From January to August 2025, the export volume of main - producing countries increased significantly, mainly due to China's increased import enthusiasm. In September, the import volume of natural rubber in China still exceeded expectations, with the main increase coming from mixed rubber [5][6]. - **Domestic Production and Import**: The production of domestic whole - milk rubber decreased year - on - year in the new season, and it is expected that this year's output will fall short of expectations. In September, the total import volume of natural rubber was 595,900 tons, with significant increases in latex, smoked sheets, and other types [6]. - **Inventory**: The overall inventory has started to accumulate. The inventory of light - colored rubber has not increased, but the digestion of old whole - milk rubber has slowed down after the release of reserve rubber into the market. The inventory of dark - colored rubber has increased significantly, and its sustainability should be monitored [6]. - **Downstream Industry**: The operating rates of all - steel and semi - steel tires are expected to remain stable. The production volume of tires decreased seasonally in October due to holidays. Automobile sales and the logistics index are expected to remain stable or increase slightly, while tire exports decreased slightly seasonally [7]. - **Price and Profit**: The prices of raw materials such as Yunnan and Hainan glue showed slight fluctuations. The processing profits of Yunnan and Hainan remained low, and the profits of Thai latex were flat or weak [7]. 3.2 Balance Sheet Analysis - **Domestic Natural Rubber Total Balance Sheet**: It is expected that the import volume will increase month - on - month in November, and the market will enter a seasonal inventory - accumulation period [15]. - **Supply and Demand of Light - colored Rubber**: Light - colored rubber has been continuously reducing inventory, mainly because the cancellation rate of warehouse receipts is higher than the new rubber storage rate. However, the inflow of reserve rubber into the market has increased the spot pressure. The new warehouse receipts in October failed to meet expectations [16]. - **Supply and Demand of Dark - colored Rubber**: Attention should be paid to the raw material supply and price in Thailand's northeastern region, as well as the import and demand changes in the fourth quarter [18]. 3.3 Cost and Profit Analysis - **Chinese Raw Material Prices and Spreads**: The report presents seasonal charts of raw material prices and spreads in Yunnan and Hainan, including the price spreads between different raw materials and different rubber types [22][24]. - **Chinese Rubber Processing Profits**: Seasonal charts of processing profits for different rubber types in Hainan and Yunnan are provided, such as the processing profit of Hainan latex and the delivery profit of Yunnan whole - milk RU01 contract [27]. - **Thai Raw Material Prices and Spreads**: Seasonal charts of Thai raw material prices and spreads are presented, including the price of Thai cup rubber and the spread between Thai latex and cup rubber [30]. - **Thai Raw Material Spreads and Rubber Processing Profits**: Seasonal charts of processing profits for different rubber types in Thailand are provided, such as the delivery profit of the Indian - standard NR main contract and the processing profit of Thai standard rubber [33]. 3.4 Industrial Chain Supply - Demand Inventory Data Display - **Weather and Rainfall in Main - producing Areas**: ONI index changes and cumulative precipitation data in Hainan, Yunnan, and Thailand are presented, which can affect rubber production [37][39][41]. - **Main - producing Countries' Export Volume**: Cumulative export volume and year - on - year data of natural rubber in Vietnam, Indonesia, and Malaysia are provided [43]. - **Domestic Natural Rubber Supply - Demand Inventory**: Cumulative supply, demand, and inventory data of domestic natural rubber, as well as their year - on - year changes, are presented [47]. - **Chinese Natural Rubber Import Volume**: Cumulative and monthly import volume data of natural rubber in China, as well as the year - on - year changes in the total positions of RU and NR, are provided [50]. - **Chinese Natural Rubber Import Volume by Rubber Type**: Monthly import volume data of different rubber types in China, such as concentrated latex, smoked sheets, standard rubber, and mixed rubber, are presented [53]. - **Light - colored Rubber Analysis**: Data on the supply, demand, and inventory of light - colored rubber, including the cumulative supply, consumption, and weekly inventory of whole - milk and 3L rubber, are provided [56][58][61]. - **Dark - colored Rubber Analysis**: Data on the supply, demand, and inventory of dark - colored rubber, including the cumulative consumption, import volume, and inventory of different types of dark - colored rubber, as well as tire - related data such as tire factory operating rates, production, inventory, and profit, are provided [65][68][73]. 3.5 Price, Spread, and Basis Analysis - **Price Charts of Different Rubber Types**: Continuous price charts of whole - milk, smoked sheets, domestic standard rubber, Thai standard rubber, 3L, Thai mixed rubber, and latex are presented [88]. - **Seasonal Prices of Different Rubber Types**: Seasonal price charts of whole - milk, smoked sheets, domestic standard two - grade rubber, and Thai standard rubber are provided [90]. - **Seasonal Spreads of Different Rubber Types**: Seasonal spread charts between whole - milk rubber and other rubber types, such as smoked sheets, 3L, domestic standard rubber, Thai standard rubber, Thai mixed rubber, and latex, are presented [92][94]. - **Basis between Whole - milk Rubber and Shanghai Rubber RU**: Basis charts between whole - milk rubber and different RU contracts, such as 09, 05, and 01 contracts, are provided [96]. - **Spread between Shanghai Rubber RU and Mixed Rubber**: Spread charts between different RU contracts and mixed rubber, such as RU01, RU05, and RU09 contracts, are provided [97][98]. - **Basis between Thai Standard/Thai Mixed Rubber and 20 - grade Rubber NR**: Basis charts between Thai standard/Thai mixed rubber and different NR contracts, such as 01 and 12 contracts, are provided [100]. - **Inter - contract Spreads**: Spread charts between different RU contracts, such as RU05 - RU09, RU11 - next - year RU01, etc., are provided [103]. - **Inter - variety Spreads**: Spread charts between different varieties, such as RU01 and NR01, RU01 and NR12, etc., are provided [105].