证券代码：601118 证券简称：海南橡胶 公告编号：2024-035 海南天然橡胶产业集团股份有限公司 关于参加"2023 年度海南辖区上市公司业绩说明会 暨投资者集体接待日"的公告 本次说明会召开后，投资者可以通过 http://rs.p5w.net 查看本次说明会的 召开情况及主要内容。 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 5 月 8 日 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。 为推动辖区上市公司进一步建立董事会与投资者的良好沟通机制，让投资者 更准确地读懂年度报告、更全面地了解上市公司，切实提高上市公司透明度和治 理水平，海南证监局将与深圳市全景网络有限公司、海南上市公司协会联合举办 "2023 年度海南辖区上市公司业绩说明会暨投资者集体接待日"活动。活动时 间为 2024 年 5 月 14 日 14:00-17:00，平台登陆地址为：http://rs.p5w.net。 届时，公司主要高管人员将参加本次活动，通过网络在线交流形式，就公司 2023 年年报披露、财务数据、公司 ...

Financial Performance - In 2018, the company achieved a net profit of CNY 471,367,471.62, with a total distributable profit of CNY 539,530,578.49 after statutory reserves[3]. - The proposed cash dividend is CNY 0.11 per share, totaling CNY 47,073,705.77, which represents 20.59% of the net profit attributable to shareholders[3]. - The company's operating revenue for 2018 was CNY 6,754,522,891.75, a decrease of 37.58% compared to 2017[16]. - The net profit attributable to shareholders of the listed company was CNY 228,638,641.87, primarily due to asset disposal gains and compensation income[16]. - The net cash flow from operating activities was CNY 555,387,238.10, a significant recovery from a negative cash flow in 2017[16]. - The total assets at the end of 2018 were CNY 14,722,370,389.27, an increase of 11.8% from the previous year[16]. - The basic earnings per share for 2018 was CNY 0.0542, a recovery from a loss of CNY 0.0672 in 2017[17]. - The weighted average return on equity increased to 2.67%, up by 6.11 percentage points from the previous year[17]. - The company recognized non-recurring gains of CNY 908,375,035.75, significantly impacting the net profit for the year[22]. - The net assets attributable to shareholders increased by 26.76% to CNY 9,560,119,451.56 at the end of 2018[16]. Risk Management - There are no significant risks affecting the company's 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 has not engaged in any non-operating fund occupation by controlling shareholders or related parties[5]. - The company has not provided any guarantees in violation of regulatory decision-making procedures[5]. - The audit report issued by Zhongshun Zhonghuan CPA is a standard unqualified opinion[2]. - The company is committed to ensuring the accuracy and completeness of its financial reports as stated by its management[2]. Industry Overview - The company operates in the natural rubber industry, focusing on planting, processing, and trading, with a diversified business model[24]. - In 2018, global natural rubber production reached 13.96 million tons, a year-on-year increase of 4.6%[27]. - The company is facing severe industry challenges due to prolonged low natural rubber prices and is exploring the comprehensive utilization of low-yield rubber plantations[74]. - The company anticipates a challenging market environment in 2019 due to oversupply and increasing inventory pressure in the natural rubber sector[80]. - Global natural rubber supply is projected to grow by 3.17% to 14.402 million tons in 2019, while demand is expected to increase by only 2.63% to 14.385 million tons, leading to a supply surplus[80]. Operational Developments - The company operates 3.41 million acres of rubber plantations and 22 processing plants with a processing capacity of approximately 500,000 tons[25]. - The company is actively pursuing a major asset restructuring to acquire R1 Company shares, which will significantly enhance its rubber trading scale[39]. - The company has implemented a comprehensive reform strategy to improve operational efficiency and address existing challenges in its rubber base and processing sectors[32]. - The company is expanding its logistics network across China to provide multi-level logistics services for its customers[25]. - The company is exploring opportunities for mergers and acquisitions to enhance its market position and operational capabilities[79]. Research and Development - The company has established a new materials innovation research platform to enhance its R&D capabilities and extend its industrial chain[34]. - Research and development expenses increased by 29.2% to ¥17,351,014.12, representing 0.26% of total operating revenue[49]. - The company invested in R&D projects focused on new natural rubber materials and automation production lines, involving 188 technical personnel[50]. - The company is committed to research and development in natural rubber and related products, aiming to improve production efficiency and product quality[78]. Environmental Responsibility - The company is actively involved in environmental protection, with several processing plants achieving zero discharge status[131]. - The company has implemented measures to ensure that wastewater from its processing plants is treated and reused, minimizing environmental impact[133]. - The company has established a complete environmental self-monitoring scheme, ensuring compliance with regulatory requirements[137]. - The company has successfully passed environmental impact assessments for all construction projects, obtaining necessary discharge permits[135]. Social Responsibility and Community Engagement - The company has established a leadership group to oversee poverty alleviation initiatives, ensuring accountability and effective implementation of strategies[123]. - The company allocated over 3 million RMB in loans to cooperatives for developing specialty industries, including natural rubber and livestock farming[124]. - The company actively participated in poverty alleviation by sending staff to assist in local poverty alleviation efforts in designated villages[124]. - The company has committed to resolving potential competition issues with its controlling shareholder by transferring 100% equity of subsidiaries HSF(S)Pte.Ltd. holding shares in KM Company and ART Company within 30 months if the company exercises its right of first refusal[91]. Financial Stability and Governance - The company has a strategy to enhance its financial stability through careful management of borrowings and interest payments[105]. - The company has established a performance evaluation mechanism for senior management based on annual operational plans and key tasks[180]. - The company has completed the self-evaluation report on internal controls for the year 2018, which is available on the Shanghai Stock Exchange website[181]. - The company has maintained a good credit status, with no major debts overdue[98]. - The company has no ongoing employee stock ownership plans or other incentive measures[99]. Shareholder Information - The company completed a private placement of 348,256,197 shares at a price of RMB 5.16 per share, raising a total of RMB 1,797,001,976.52[139]. - After the private placement, the total share capital increased from 3,931,171,600 shares to 4,279,427,797 shares[143]. - Hainan Provincial Agricultural Reclamation Group Co., Ltd. holds 2,715,012,024 shares, accounting for 63.44% of total shares[145]. - The company has a significant number of restricted shares, with 96,899,224 shares eligible for trading on February 12, 2019[148]. Management and Human Resources - The total number of employees in the parent company is 21,174, and the total number of employees including major subsidiaries is 22,377[169]. - The company conducted 1,071 training sessions in 2018, achieving a training satisfaction rate of 96.5%[171]. - The company has a total of 1,764 technical personnel, indicating a strong focus on technical expertise[169]. - The total remuneration paid to the company's directors, supervisors, and senior management for the reporting period was 5.5766 million yuan[166].

Financial Performance - The company's operating revenue for 2021 was approximately ¥15.21 billion, a decrease of 2.09% compared to ¥15.53 billion in 2020[17]. - The net profit attributable to shareholders in 2021 was approximately ¥150.76 million, an increase of 111.99% from ¥71.12 million in 2020[17]. - The net cash flow from operating activities in 2021 was approximately ¥266.19 million, a decrease of 43.31% compared to ¥469.54 million in 2020[17]. - The total assets at the end of 2021 were approximately ¥19.39 billion, an increase of 9.39% from ¥17.73 billion at the end of 2020[17]. - The basic earnings per share for 2021 was ¥0.0352, an increase of 112.05% from ¥0.0166 in 2020[18]. - The weighted average return on equity for 2021 was 1.60%, up from 0.75% in 2020[18]. - The company reported a net profit of ¥214.55 million in Q4 2021, compared to a loss of ¥35.11 million in Q1 2021[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥232.68 million in 2021, worsening from -¥88.57 million in 2020[17]. - The company recorded non-recurring gains of approximately ¥383.45 million in 2021, compared to ¥159.69 million in 2020[23]. - The total equity attributable to shareholders at the end of 2021 was approximately ¥9.36 billion, a decrease of 1.92% from ¥9.54 billion at the end of 2020[17]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.106 per 10 shares, totaling RMB 45,361,934.65, based on a total share capital of 4,279,427,797 shares as of the end of 2021[3]. - The remaining undistributed profit amounts to RMB 636,311,311.09, which will be carried forward to the next fiscal year for distribution[3]. - The company reported a cash dividend of RMB 0.056 per 10 shares for the year 2020, totaling RMB 23,964,795.66, which represents 33.70% of the net profit attributable to shareholders[108]. - For the year 2021, the proposed cash dividend is RMB 0.106 per 10 shares, amounting to RMB 45,361,934.65, which is 30.09% of the net profit attributable to shareholders[108]. Operational Highlights - The company is the largest natural rubber producer in China, with a leading plantation area and significant improvements in management standards[26]. - In 2021, the company processed 190,000 tons of rubber, a year-on-year increase of 33.8%[27]. - The company has a rubber plantation area of 3.41 million acres and an annual production capacity of 150,000 tons of dry rubber[35]. - The company operates 20 rubber processing plants with a total processing capacity of approximately 500,000 tons, including 250,000 tons of concentrated latex[35]. - The company has established a global sales network covering major rubber consumption areas in China and key countries in Europe and America[35]. Research and Development - The company’s research and development expenses amounted to CNY 27.35 million, a decrease of 9.1% compared to the previous year[38]. - The company has made progress in technology innovation, including the development of smart rubber tapping equipment and a pest monitoring system[27]. - The company has developed advanced products such as nano-clay rubber and military-grade rubber, filling gaps in domestic related fields[35]. - The company completed the development of a prototype for smart rubber tapping equipment and filed four patent applications, with the prototype now entering the optimization design phase[51]. - The company is investing $200 million in R&D for new technologies aimed at enhancing user experience and operational efficiency[83]. Market and Industry Trends - Global natural rubber production in 2021 was approximately 13.81 million tons, a year-on-year increase of 1.6%[28]. - Global natural rubber consumption in 2021 reached about 14.08 million tons, growing by 8.7% year-on-year, driven by the recovery from the pandemic[30]. - The company anticipates that the automotive and tire industries will experience a recovery in 2022, contributing to a slight increase in global natural rubber consumption[68]. - The RCEP agreement, signed in November 2020, is expected to lower export barriers for rubber and enhance trade relations with ASEAN countries, covering 30% of the global population and 29.3% of GDP[60]. Risk Management - The company has not identified any significant risks that would impact its ongoing operations during the reporting period[5]. - The company faces significant risks from natural disasters, particularly in Hainan, which experiences various calamities annually[73]. - Fluctuations in natural rubber market prices are a major concern, influenced by global economic conditions and supply chain factors, with potential for severe short-term volatility[73]. - The ongoing COVID-19 pandemic continues to pose risks, especially with new variants affecting rubber-producing regions, impacting production and trade logistics[73]. - The company has implemented measures to mitigate risks associated with rubber price volatility, including optimizing product supply and utilizing hedging tools[73]. Corporate Governance - The company is committed to ensuring the authenticity, accuracy, and completeness of its financial reports, as stated by its management[2]. - The company has established a vertical management system for financial and legal affairs to enhance operational efficiency and risk management[74]. - The company has made progress in improving its governance structure in compliance with relevant laws and regulations, enhancing decision-making and risk prevention capabilities[74]. - The company held its first extraordinary shareholders' meeting in 2021, passing two resolutions without any rejections[76]. - The company’s management team, including the general manager, received a total pre-tax remuneration of 57.89 million yuan during the reporting period[81]. Environmental Responsibility - The company has implemented a zero discharge policy for wastewater at certain processing plants, ensuring all treated wastewater is reused for production and irrigation[117]. - The company has established a comprehensive environmental management system, with specific measures in place to monitor and control pollutant emissions from its processing facilities[117]. - The company has implemented measures to reduce carbon emissions by improving production lines, resulting in lower energy and water consumption per ton of product[129]. Employee Engagement and Training - The total number of employees in the parent company and major subsidiaries is 16,214, with 10,527 in production, 1,315 in technology, and 4,088 in administration[105]. - The company conducted 1,588 training sessions in 2021, including safety production and legal knowledge training, with a total of 749 participants[107]. - The company achieved a "zero" infection target for over 16,000 employees during the pandemic in 2021[132]. Strategic Initiatives - The company is focused on expanding its market presence through strategic partnerships and acquisitions in the rubber industry[71]. - The company plans to enhance its rubber plantation management and processing quality, focusing on mechanization and advanced agricultural practices[71]. - The company intends to implement a comprehensive reform strategy to improve management levels and operational efficiency[72].

Financial Performance - The company's operating revenue for 2017 was CNY 10,818,322,651.34, representing a 21.88% increase compared to CNY 8,876,506,775.80 in 2016[14]. - The net profit attributable to shareholders of the listed company was a loss of CNY 264,044,536.18, a decrease of 530.70% from a profit of CNY 61,305,465.42 in 2016[14]. - The net cash flow from operating activities was a negative CNY 77,039,646.04, down 114.36% from a positive CNY 536,395,255.44 in 2016[14]. - The total assets at the end of 2017 were CNY 13,157,835,149.76, a decrease of 2.42% from CNY 13,483,784,643.69 at the end of 2016[14]. - The net assets attributable to shareholders of the listed company decreased by 3.27% to CNY 7,542,199,177.77 from CNY 7,796,993,993.36 in 2016[14]. - The company reported a net profit attributable to shareholders after deducting non-recurring gains and losses of CNY -736,790,507.00, compared to CNY -516,227,658.20 in 2016[14]. - The basic earnings per share for 2017 was -0.0672 yuan, reflecting a 530.77% decrease compared to the previous year[15]. - The weighted average return on equity was -3.44%, a decrease of 4.23 percentage points from 2016[15]. - The company reported a significant increase in asset impairment losses, which rose by 882.57% to CNY 356 million[37]. - The company’s retained earnings showed a negative balance, worsening from CNY -260,508,820.63 to CNY -524,553,356.81[168]. Revenue and Sales - In 2017, the company's operating revenue increased by 21.88% compared to 2016, driven by a slight recovery in the average price of natural rubber[15]. - The company's total revenue for the agricultural sector reached ¥10,271,653,925.31, representing a year-on-year increase of 26.11%[39]. - Domestic revenue accounted for ¥7,638,442,786.73 with a growth of 12.65%, while overseas revenue surged by 93.07% to ¥2,633,211,138.58[39]. - The production volume of rubber products was 10.24 million tons, with a year-on-year increase of 11.06%, while sales volume decreased by 11.66% to 10.68 million tons[40]. - The company reported a total sales volume of 64.72 million tons for rubber products, generating revenue of 863,212.87 million RMB, with a year-on-year sales volume increase of 18.40% and a revenue increase of 49.66%[61]. Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 13.368 billion, a decrease of 2.38% compared to the previous year[36]. - Total current assets decreased from CNY 5,257,387,650.42 to CNY 4,411,498,002.04, a reduction of approximately 16.1%[166]. - Total non-current assets increased from CNY 8,226,396,993.27 to CNY 8,746,337,147.72, an increase of about 6.3%[166]. - Total liabilities decreased from CNY 5,530,905,501.37 to CNY 5,443,911,442.04, a decrease of approximately 1.6%[167]. - Short-term borrowings increased significantly from CNY 1,609,883,029.82 to CNY 2,426,668,711.56, an increase of approximately 50.8%[167]. Operational Efficiency - The company processed 751,500 tons of rubber products during the year, with a processing capacity utilization increase of 3.42% year-on-year[30]. - The company implemented a new raw material procurement pricing mechanism, leading to a 7.96% reduction in processing costs[30]. - The company has established a strong sales network, covering major cities in China and the global natural rubber trade center in Singapore[55]. - The company is expanding its logistics services to provide comprehensive support for the rubber industry, aiming for a nationwide layout[21]. Research and Development - The company’s research and development expenditure was CNY 13.43 million, a decrease of 8.45% from the previous year[37]. - The company established Hainan Natural Rubber Research Institute to enhance its technological innovation capabilities[34]. - The company plans to enhance its R&D capabilities by establishing a natural rubber research institute and focusing on innovations such as smart tapping tools and automated production systems[80]. - The company is investing in R&D for new technologies, with a budget allocation of 10% of total revenue towards innovation initiatives[132]. Strategic Initiatives - The company initiated a non-public stock issuance, which was approved by the China Securities Regulatory Commission, to support its strategic development[34]. - The company aims to achieve rubber product sales of 920,000 tons in 2018, representing a year-on-year growth of 22.42%[79]. - If the acquisition of R1 International Pte. Ltd. is completed in 2018, the company targets an annual rubber product sales volume of 1.67 million tons, a year-on-year increase of 122.22%[79]. - The company plans to enhance its digital marketing efforts, with a targeted increase of 25% in digital ad spend to boost customer acquisition[132]. Governance and Compliance - The company has a standard unqualified audit report from Zhongshun Zhonghuan Accounting Firm[3]. - The company has committed to resolving industry competition issues by transferring 100% equity of its subsidiaries HSF(S)Pte.Ltd. holding shares in KM Company and ART Company within 30 months if certain conditions are met[87]. - The company has implemented changes in accounting policies effective from May 28, 2017, which include separate reporting of continuing and discontinued operations in the profit statement[88]. - The company’s internal control self-assessment report was disclosed, indicating no significant deficiencies during the reporting period[153]. Social Responsibility - The company has completed the transfer of urban registered poor population management and assisted local poverty alleviation efforts during the reporting period[108]. - The company has donated and assisted in the installation of equipment such as televisions and fans to support poverty alleviation efforts in the local community[108]. - A total of 40 million RMB was invested in various poverty alleviation projects[110]. - The company helped 105 registered impoverished individuals to escape poverty in 2017[110]. Shareholder Information - The total number of ordinary shareholders reached 116,215 by the end of the reporting period, an increase from 108,584[117]. - The controlling shareholder, Hainan Provincial Agricultural Reclamation Investment Holding Group Co., Ltd., held 69.06% of the company's shares as of December 31, 2017[119]. - After a private placement in February 2018, the shareholding of Hainan Provincial Agricultural Reclamation Investment Holding Group Co., Ltd. decreased to 63.51%[120]. - The total remuneration paid to directors, supervisors, and senior management for the reporting period was CNY 4.0226 million[137].

Financial Performance - The company's operating revenue for Q1 2024 was CNY 8,142,341,159.98, representing a year-on-year increase of 39.05%[4]. - The net profit attributable to shareholders of the listed company was a loss of CNY 161,185,737.70, with a significant decline of 196.54% compared to the same period last year[4][9]. - The basic and diluted earnings per share were both CNY -0.0377, reflecting a significant decline due to the net profit loss[4]. - Total operating revenue for Q1 2024 reached ¥8,142,341,159.98, a 38.9% increase from ¥5,855,813,861.65 in Q1 2023[20]. - Net loss for Q1 2024 was ¥226,369,005.50, compared to a net loss of ¥69,956,569.06 in Q1 2023[21]. - The total comprehensive loss for Q1 2024 amounted to -¥372,029,032.67, compared to -¥180,495,083.22 in Q1 2023[22]. - Basic and diluted earnings per share for Q1 2024 were both -¥0.0377, compared to -¥0.0127 in Q1 2023[22]. Cash Flow - The net cash flow from operating activities was CNY 192,873,691.62, showing an increase of 182.78% year-on-year[4][9]. - In Q1 2024, the company reported cash inflows from operating activities of approximately CNY 8.79 billion, an increase of 26.5% compared to CNY 6.96 billion in Q1 2023[23]. - The net cash flow from operating activities for Q1 2024 was CNY 192.87 million, a significant improvement from a net outflow of CNY 233 million in Q1 2023[24]. - Cash outflows for operating activities totaled CNY 8.60 billion in Q1 2024, up from CNY 7.19 billion in the same period last year, reflecting a 19.5% increase[24]. - The company achieved cash inflows from investment activities of CNY 778.69 million in Q1 2024, compared to CNY 194.04 million in Q1 2023, marking a 301.5% increase[24]. - The net cash flow from investment activities improved to CNY 453.16 million in Q1 2024, a turnaround from a net outflow of CNY 1.52 billion in Q1 2023[24]. - The company reported cash inflows from financing activities of CNY 2.27 billion in Q1 2024, slightly down from CNY 2.02 billion in Q1 2023[24]. - The net cash flow from financing activities was CNY 75.23 million in Q1 2024, a recovery from a net outflow of CNY 344.89 million in Q1 2023[24]. - The company’s cash outflows for investment activities were CNY 325.54 million in Q1 2024, significantly lower than CNY 1.71 billion in Q1 2023[24]. - The company’s cash flow from operating activities indicates a positive trend, with a notable increase in cash inflows and a reduction in cash outflows compared to the previous year[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 33,355,996,620.88, a decrease of 1.75% from the end of the previous year[5]. - The equity attributable to shareholders of the listed company was CNY 9,552,203,611.75, down 2.78% from the previous year-end[5]. - The company's total liabilities as of March 31, 2024, were approximately ¥12.30 billion, reflecting a decrease from the previous period[18]. - The company's total liabilities as of Q1 2024 were ¥22,071,440,485.71, slightly down from ¥22,315,859,133.12 in Q1 2023[19]. - Total equity attributable to shareholders decreased to ¥9,552,203,611.75 in Q1 2024 from ¥9,825,175,378.75 in Q1 2023, a decline of 2.8%[19]. Operational Metrics - The company reported a decrease in gross profit from its trading subsidiary, contributing to the overall net profit loss[9]. - Research and development expenses decreased to ¥5,379,603.37 in Q1 2024 from ¥8,679,249.59 in Q1 2023, a reduction of 38.5%[20]. - Financial expenses increased to ¥164,825,206.42 in Q1 2024 from ¥128,718,782.03 in Q1 2023, an increase of 28.1%[20]. - The company's accounts payable decreased significantly from approximately ¥1.12 billion to ¥773.34 million, a reduction of about 30.9%[18]. - The company's inventory increased to approximately ¥4.65 billion from ¥4.53 billion, reflecting a growth of about 2.6%[17]. - The long-term equity investments rose slightly to approximately ¥618.11 million from ¥610.59 million, an increase of about 1.5%[18]. - The company's total non-current assets remained relatively stable, decreasing slightly to approximately ¥21.05 billion from ¥21.08 billion[18]. - The company received insurance premium subsidies and claims amounting to CNY 2,605,981.10, which are expected to have a continuous impact on its operations[8].

Financial Performance - The company's operating revenue for 2017 was CNY 10,818,322,651.34, representing a 21.88% increase compared to CNY 8,876,506,775.80 in 2016[14] - The net profit attributable to shareholders of the listed company was a loss of CNY 264,044,536.18, a decrease of 530.70% from a profit of CNY 61,305,465.42 in 2016[14] - The net cash flow from operating activities was negative CNY 77,039,646.04, a decline of 114.36% compared to a positive cash flow of CNY 536,395,255.44 in 2016[14] - The total assets at the end of 2017 were CNY 13,157,835,149.76, a decrease of 2.42% from CNY 13,483,784,643.69 at the end of 2016[14] - The net assets attributable to shareholders of the listed company decreased by 3.27% to CNY 7,542,199,177.77 from CNY 7,796,993,993.36 in 2016[14] - The company reported a net profit attributable to shareholders after deducting non-recurring gains and losses of negative CNY 736,790,507.00, compared to negative CNY 516,227,658.20 in 2016[14] - The basic earnings per share (EPS) was -CNY 0.0672, reflecting a decrease of 530.77% compared to the previous year[15] - The weighted average return on equity (ROE) decreased by 4.23 percentage points to -3.44%[15] - The operating cost increased by 22.81% to CNY 10.248 billion, reflecting rising expenses[35] - The gross profit margin for rubber products decreased by 0.09 percentage points to 4.40%, with revenue growth of 27.50% compared to the previous year[37] Operational Highlights - In 2017, the company's total assets amounted to CNY 13.368 billion, a decrease of 2.38% compared to the previous year[34] - The company sold 751,500 tons of rubber products during the year, adapting production ratios to maintain profit margins[28] - The company has a total of 3.53 million acres of rubber plantations and a processing capacity of 320,000 tons[21] - The company is the largest natural rubber producer in China and aims to enhance its influence in the international natural rubber industry[21] - The company achieved an operating revenue of CNY 10.818 billion, representing a year-on-year growth of 21.88%[34] - The company reported a significant increase in asset impairment losses, which rose by 882.57% to CNY 356 million[35] Strategic Initiatives - The company initiated three major strategies: "large acquisition," "large processing," and "large trade" to enhance market competitiveness[28] - The company established the Hainan Natural Rubber Research Institute to foster innovation in rubber production and processing technologies[32] - The company successfully applied for a "futures + insurance" price insurance pilot project to mitigate market risks[32] - The company plans to enhance its R&D capabilities by establishing a natural rubber research institute and focusing on innovations such as smart tapping tools and automated production systems[77] - The company aims to leverage capital operations through financing, mergers, and restructuring to enhance asset and resource value[78] Market Conditions - The global natural rubber production in 2017 was 13.28 million tons, with a consumption of 12.90 million tons, indicating a sufficient overall supply[22] - The domestic natural rubber futures price fluctuated significantly, with a maximum drop of 45.25% during the year[22] - The company faces risks from natural disasters and fluctuations in natural rubber market prices, which are closely tied to global economic conditions[79] Shareholder and Governance - The company has not proposed any profit distribution plan or capital reserve transfer to increase share capital for the reporting period[4] - The company has not proposed any cash dividend distribution for 2017, with a net profit attributable to ordinary shareholders of -264.04 million yuan[82] - The controlling shareholder, Hainan Agricultural Reclamation Investment Holding Group Co., Ltd., held 69.06% of the company's shares as of December 31, 2017[116] - The company has a clear ownership and control relationship with its controlling shareholder[117] - The company has committed to resolving potential industry competition by transferring 100% equity of subsidiaries HSF(S)Pte.Ltd.'s holdings in KM Company and ART Company to the company within 30 months, contingent on improving asset quality and profitability[84] Risk Management - The company does not have any significant risks that could impact its ongoing operations during the reporting period[5] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[5] - The company has maintained a good credit status, with no significant debts overdue or unfulfilled court judgments[91] - The company has no major litigation or arbitration matters during the reporting period, indicating a stable legal environment[91] Social Responsibility - The company has successfully assisted in poverty alleviation efforts by employing one child from a poor household and donating equipment to the community[105] - The company helped 105 registered impoverished individuals to escape poverty in 2017[107] - A total of 40 million RMB was invested in various poverty alleviation projects, with 87 individuals lifted out of poverty through other projects[107] - The company plans to complete the poverty alleviation tasks for registered impoverished individuals in 2018 and ensure no return to poverty from 2019 to 2020[108] Environmental Practices - The company operates 21 rubber processing plants, with 17 meeting environmental discharge standards and 4 achieving "zero discharge" of wastewater[110] - The company has established comprehensive wastewater and air pollution treatment facilities across all processing plants, ensuring continuous operation and maintenance[110] Audit and Compliance - The company appointed Zhongshen Zhonghuan Accounting Firm as the financial audit and internal control audit institution for the fiscal year 2017, with an audit fee of RMB 1.2 million[90] - The company's internal control audit report for the year ended December 31, 2017, received a standard unqualified opinion[150] - The audit aimed to provide reasonable assurance that the financial statements are free from material misstatement, whether due to fraud or error[161] Future Outlook - The company aims to achieve rubber product sales of 920,000 tons in 2018, representing a year-on-year growth of 22.42%[76] - If the acquisition of R1 International Pte. Ltd. is completed in 2018, the company targets rubber product sales of 1.67 million tons, a year-on-year increase of 122.22%[76] - The company is actively pursuing market expansion strategies, including potential mergers and acquisitions to enhance its market position[129] - The company plans to invest in research and development, allocating a significant portion of its budget to new technology advancements[130]

Financial Performance - The company's operating revenue for 2020 was approximately ¥15.53 billion, an increase of 12.98% compared to ¥13.75 billion in 2019[16]. - The net profit attributable to shareholders for 2020 was ¥71.12 million, a decrease of 47.38% from ¥135.15 million in 2019[16]. - The net cash flow from operating activities decreased by 49.21% to ¥469.54 million in 2020 from ¥924.42 million in 2019[16]. - The total assets at the end of 2020 were approximately ¥17.73 billion, reflecting a 6.24% increase from ¥16.69 billion at the end of 2019[16]. - The basic earnings per share for 2020 were ¥0.0166, down 47.47% from ¥0.0316 in 2019[17]. - The company reported a net loss of ¥88.57 million after deducting non-recurring gains and losses in 2020, compared to a loss of ¥107.47 million in 2019[16]. - The weighted average return on equity for 2020 was 0.75%, down from 2.75% in 2018[17]. - The company's net assets attributable to shareholders at the end of 2020 were approximately ¥9.54 billion, a slight increase of 0.46% from ¥9.50 billion at the end of 2019[16]. - The company reported a significant decrease in cash flow from operating activities in December 2020, with a net cash flow of -CNY 1,051,834,715.72 compared to CNY 367,610,506.47 in December 2019[163]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of RMB 0.056 per 10 shares, totaling RMB 23,964,795.66, based on a total share capital of 4,279,427,797 shares as of the end of 2020[3]. - The company reported a remaining undistributed profit of RMB 781,996,070.56 to be carried forward to the next year[3]. - The company has not proposed any stock bonus or capital increase from reserves for this period[3]. - The company has implemented a cash dividend policy, distributing 0.056 RMB per share in 2020, compared to 0.035 RMB in 2019[64]. Audit and Compliance - The company has received a standard unqualified audit report from Zhongshun Zhonghuan Accounting Firm[3]. - The board of directors and senior management have ensured the accuracy and completeness of the financial report[3]. - The company has not reported any significant accounting errors that would require correction during the reporting period[72]. - The company has not faced any risks of suspension or termination of its listing during the reporting period[74]. - The internal control audit conducted by Zhongzheng Zhonghuan Accounting Firm on December 31, 2020, resulted in a standard unqualified opinion[136]. Risk Management - There are no significant risks affecting the company's ongoing operations during the reporting period[4]. - The company has detailed various risks and countermeasures in the operational discussion section of the report[4]. - The company faces risks from natural disasters, market price fluctuations of natural rubber, and geopolitical uncertainties affecting global economic recovery[61]. - The company is focusing on reducing reliance on single product lines by diversifying into non-rubber industries and utilizing hedging tools[61]. Operational Highlights - The company operates 3.41 million acres of rubber plantations and has an initial processing capacity of approximately 500,000 tons[23]. - The company has established the first fully automated production line for standard rubber in China, enhancing labor productivity[29]. - The company is the largest producer of ammonia-free and low-ammonia concentrated latex in China, with a unique capability to produce 10,000 tons of nano-clay rubber[29]. - The company has a comprehensive logistics network to support its rubber industry, with established logistics nodes in key cities across China[23]. - The company is actively developing high-efficiency agriculture and leisure tourism projects, with approximately 80,000 acres dedicated to high-efficiency agricultural planting[23]. Market and Industry Trends - In 2020, global natural rubber production decreased by 7.7% to approximately 12.78 million tons, primarily due to the COVID-19 pandemic and adverse weather conditions[25]. - Global natural rubber consumption fell by 6.9% in 2020, totaling around 12.83 million tons, with significant declines in tire exports[25]. - The company anticipates a supply surplus in the global natural rubber market in 2021, driven by economic recovery and improved demand[57]. - The implementation of the RCEP agreement is expected to lower export barriers for rubber and tires, promoting natural rubber trade and expanding the tire export market[46]. Research and Development - Research and development expenses amounted to CNY 30,092,466.43, which is 0.19% of operating revenue[40]. - The company has 137 R&D personnel, making up 0.78% of the total workforce[40]. - The company received 32 patent authorizations, including 17 invention patents related to rubber wastewater extraction and intelligent processing technologies[31]. - The company is committed to innovation-driven strategies, including the development of smart rubber plantation technologies and automated production lines[60]. Corporate Governance - The total number of ordinary shareholders at the end of the reporting period was 110,767, an increase from 109,847 at the end of the previous month[104]. - The largest shareholder, Hainan Provincial Agricultural Reclamation Investment Holding Group Co., Ltd., held 2,754,012,024 shares, representing 64.35% of total shares[105]. - The company’s board of directors includes members with diverse roles in other organizations, enhancing its governance structure[118]. - The company has seen a turnover of several key management personnel, including the former chairman and president, indicating potential shifts in leadership strategy[111]. Social Responsibility - In 2020, the company successfully helped 31 individuals from 8 households escape poverty, with a total investment of RMB 23.41 million in poverty alleviation efforts[90]. - The company mobilized its subsidiaries to participate in consumption poverty alleviation, achieving a total of RMB 1.505 million in online and offline purchases[88]. - The company is committed to continuous monitoring and support for previously impoverished households to ensure sustainable development[88]. - The company is committed to effective connections between poverty alleviation and rural revitalization, focusing on dual support in intelligence and willpower[93]. Environmental Compliance - The company has established comprehensive wastewater and air pollution treatment facilities across 16 rubber processing plants, ensuring continuous operation and maintenance[100]. - All 16 rubber processing plants have passed environmental impact assessments and obtained pollution discharge permits in accordance with regulations[100]. - Hainan Rubber's processing plants adhere to strict pollution discharge standards, ensuring no exceedance of pollutant limits[99]. - Emergency response plans for environmental incidents have been developed and submitted to environmental authorities for all 16 rubber processing plants[101].

Financial Performance - The company's operating revenue for 2022 was CNY 15,371,271,093, representing a year-on-year increase of 1.08% compared to CNY 15,207,422,670 in 2021[16]. - The net profit attributable to shareholders of the listed company in 2022 was CNY 76,399,653.34, a decrease of 49.325% from CNY 150,763,920.24 in 2021[16]. - The net cash flow from operating activities for 2022 was CNY 1,157,572,381.24, an increase of 334.87% compared to CNY 266,185,970.86 in 2021[16]. - The total assets at the end of 2022 were CNY 22,328,975,627.37, reflecting a 15.15% increase from CNY 19,391,704,988.61 at the end of 2021[16]. - The basic earnings per share for 2022 was CNY 0.0179, down 49.15% from CNY 0.0352 in 2021[17]. - The weighted average return on equity for 2022 was 0.82%, a decrease of 0.78 percentage points from 1.6% in 2021[17]. - The company reported a net profit attributable to shareholders of CNY 208,574,202.90 in Q4 2022, following losses in the previous three quarters[19]. - The company achieved operating revenue of CNY 15.37 billion, an increase of 1.08% compared to the previous year[32]. - The company produced 116,200 tons of self-manufactured rubber products during the reporting period[32]. - The net profit attributable to shareholders was CNY 76 million[32]. - The total assets at the end of the reporting period amounted to CNY 22.33 billion[32]. Investment and Acquisitions - The company completed the acquisition of Hesheng Agriculture, enhancing its core competitiveness and industry influence significantly[25]. - The company completed the acquisition of 574,204,299 shares of HAC Company, representing approximately 36.00% of its total issued shares, from Sinochem International[60]. - Following the acquisition, the company launched a mandatory tender offer for the remaining shares of HAC Company, ultimately holding 1,086,256,025 shares, or 68.10% of the total[60]. - The company purchased office space for 459.87 million RMB, totaling 22,771.08 square meters, to meet operational needs[61]. - The company transferred 29.34% of its equity in Beijing Haikang Commerce Development Co., Ltd. for 683.01 million RMB to focus on its core business[63]. Market and Production Insights - In 2022, the company achieved a dry rubber output of 116,000 tons, an increase of 15.1% compared to 2021[25]. - The company processed 4,284 tons during the off-harvest period in 2022, a 90.5% increase year-on-year[25]. - The company’s overseas raw material procurement and processing business reached 3,027 tons, strengthening its market expansion efforts[25]. - The company holds 25 patents, including 17 invention patents and 8 utility model patents, reflecting its commitment to technological innovation[25]. - The company has a processing capacity of approximately 2.6 million tons per year, accounting for about 20% of the global total[29]. - The company’s annual trade volume of natural rubber reached 3.1 million tons, approximately 22% of global consumption[31]. Compliance and Governance - The company has received a qualified audit opinion from Zhongchao Zhonghuan Accounting Firm, and the board has provided detailed explanations regarding relevant matters[3]. - The company has no violations of decision-making procedures for providing guarantees to external parties[4]. - The company’s board meetings and resolutions complied with legal and regulatory requirements, ensuring the validity of decisions made[74]. - The company’s independent directors have fulfilled their responsibilities, ensuring that minority shareholders have opportunities to express their opinions and protect their rights[113]. - The company has established a performance evaluation mechanism for senior management, linking compensation to performance metrics to drive strategic goals[116]. Risk Management - The company acknowledges risks from natural disasters and market price fluctuations of natural rubber, which may impact operational performance[70]. - The company will utilize futures hedging tools and rubber income insurance to stabilize operational performance against market price changes[70]. - The company emphasizes the importance of compliance management and risk prevention systems to enhance operational efficiency[69]. - The company has implemented risk management measures to enhance operational efficiency and profitability while preventing operational risks[118]. Environmental Commitment - The company invested a total of 1,915.5 million yuan in environmental protection during the reporting period[121]. - The company has committed to marketizing the operational rubber-related assets outside the Hainan rubber system by December 20, 2027[120]. - The company’s major subsidiaries have implemented wastewater treatment measures, with most treated water being reused for production and irrigation[122]. - The company’s commitment to environmental protection includes a focus on reducing emissions of key pollutants such as COD and ammonia nitrogen[122]. Future Outlook - The company anticipates a cautious economic recovery in 2023, with the World Bank and IMF projecting growth rates of 1.7% and 2.9% respectively[66]. - The supply and demand for natural rubber is expected to remain in a tight balance in 2023, with prices fluctuating based on macroeconomic recovery expectations[66]. - The company aims to achieve a revenue target of 36 billion CNY and a processing volume of 1.15 million tons in 2023, with a sales trade volume of 2.45 million tons[68]. - The company is focusing on deepening reforms and enhancing integration to improve management levels and strategic decision-making capabilities[69]. Shareholder Engagement - The company held its annual general meeting on May 10, 2022, with 2,766,707,545 shares represented, accounting for 64.65% of the total voting shares[74]. - The first extraordinary general meeting in 2022 took place on November 21, 2022, with 2,821,199,097 shares represented, which is 65.92% of the total voting shares[74]. - The company’s controlling shareholder, Hainan Rubber Group, committed to resolving potential industry competition by transferring all shares of KM Company and ART Company by December 31, 2025[72]. Legal Matters - The company is involved in a lawsuit with Yunnan Haijiao Rubber Industry Co., Ltd. against Hong Kong Davi Limited regarding the delayed transfer of 100% equity in Davi Natural Rubber (Yunnan) Co., Ltd., with a potential impact of RMB 30,000,000 on profits[150]. - The company has filed a lawsuit against Hainan Huayang Investment Group for overdue capital contributions totaling RMB 106,252,287.81, which may impact current and future profits[151]. - The company has received a corrective action order from the China Securities Regulatory Commission, leading to a detailed rectification plan with 5 major items and 11 sub-items[152].

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 ...