Group 1 - Intercontinental Oil and Gas focuses on oil exploration and development, with significant operations in Kazakhstan and the Malacca Strait, benefiting from the Hainan Free Trade Port's zero-tariff policy which will reduce equipment import costs and enhance cross-border energy trade efficiency, with a projected 30% increase in trade scale over the next three years [1][34] - Jinpan Technology, a leading manufacturer of high-end power distribution equipment, will benefit from reduced raw material costs and a 15% corporate income tax reduction, enhancing profitability and enabling expansion into the ASEAN power equipment market [2][35] - Hainan Airlines, a major player in the aviation sector, expects a significant increase in passenger traffic due to the visa-free policy for 86 countries and duty-free upgrades, with projected passenger volume exceeding 80 million by 2026 [3][36] Group 2 - Junda Co., a top photovoltaic cell manufacturer, anticipates growth in its solar business due to reduced equipment costs and tax incentives, with plans to participate in Hainan's integrated wind and solar storage projects [4][37] - Caesar Travel, a comprehensive tourism service provider, expects a doubling of cross-border tourism business and a significant increase in tourist arrivals, with projections of 180 million visitors by 2026 [5][38] - Xinda A, a diversified company focusing on motorcycle manufacturing and coal mining, aims to leverage the zero-tariff policy to enhance profitability and expand into the electric vehicle market [6][39] Group 3 - ST Huluwawa, a leading pediatric pharmaceutical company, will benefit from reduced raw material costs and tax incentives, with plans to expand into the ASEAN pharmaceutical market [8][40] - Hainan Ruize, a construction industry leader, anticipates a surge in infrastructure demand with projected investments exceeding 100 billion by 2026, benefiting from the Hainan Free Trade Port's policies [9][42] - Hainan Airport, a key player in airport operations, expects a doubling of cargo business and significant passenger growth due to the visa-free policy and duty-free upgrades [10][43] Group 4 - Hainan Development, an investment platform, anticipates a substantial increase in duty-free sales, projected to exceed 100 billion by 2026, benefiting from the Hainan Free Trade Port's policies [11][45] - Hainan Highway, a major highway operator, expects a significant increase in traffic volume, projected to exceed 200 million vehicles by 2026, benefiting from the integration of tourism and real estate [20][56] - Hainan Rubber, the world's largest natural rubber producer, aims to expand its market presence in ASEAN due to favorable trade policies and tax incentives [21][57]

Core Insights - The report emphasizes a favorable outlook for the livestock sector, particularly dairy farming, anticipating a significant cyclical reversal benefiting Hong Kong-listed dairy farming companies [1][12] - The investment strategy highlights a recommended monthly portfolio including leading companies in various segments such as dairy, pig farming, and pet food [1][3] Livestock Sector - The livestock sector is expected to experience a cyclical reversal, with both beef and milk prices projected to rise, driven by a reduction in domestic beef production and a historical low in milk prices [14][29] - Key recommendations include Yuran Dairy and Modern Farming, which are positioned to benefit from the anticipated price recovery in raw milk and beef [14][17] Pig Farming Sector - The pig farming sector is witnessing a stabilization in prices, with a notable increase in piglet prices, indicating a potential recovery in profitability for leading companies [20][21] - Recommended companies in this sector include Muyuan Foods, Wens Foodstuffs, and Huazhong Holdings, which are expected to benefit from improved cash flow and dividend returns [3][15] Poultry Sector - The poultry sector is seeing a slight increase in supply, with expectations of demand recovery supporting price stability, particularly for broiler chickens [22][24] - Leading companies such as Lihua Agricultural and Shengnong Development are highlighted for their competitive advantages in cost management and market positioning [18][19] Pet Food Sector - The pet food market is identified as a high-growth area, benefiting from rising consumer sentiment and the emergence of domestic brands [16][18] - Companies like Guibao Pet Food are recommended for their strong growth potential in this segment [3][16] Feed Sector - The feed industry is expected to deepen its industrialization, with leading companies leveraging technological and service advantages to enhance competitive positioning [1][3] - The report notes that feed prices are at historical lows, providing a supportive cost structure for producers [20][21] Agricultural Products - The report tracks agricultural product prices, noting fluctuations in pork, chicken, and feed prices, with implications for overall market dynamics [2][21] - The analysis indicates that soybean meal prices are at historical lows, while corn prices are stabilizing, suggesting a tightening supply-demand balance in the medium term [20][21]

Market Overview - The planting industry sector increased by 0.28% compared to the previous trading day, with Xue Rong Biological leading the gains [1] - The Shanghai Composite Index closed at 4102.2, up by 0.85%, while the Shenzhen Component Index closed at 14156.27, up by 0.21% [1] Top Gainers in Planting Sector - Xue Rong Biological (300511) closed at 6.27, up by 4.85% with a trading volume of 387,000 shares and a transaction value of 240 million [1] - Nongfa Seed Industry (600313) closed at 8.25, up by 4.04% with a trading volume of 2.6166 million shares and a transaction value of 2.121 billion [1] - Nuo Puxin (002215) closed at 11.49, up by 3.42% with a trading volume of 272,400 shares and a transaction value of 310 million [1] Top Losers in Planting Sector - Dunhuang He V (600354) closed at 7.15, down by 2.59% with a trading volume of 1.1124 million shares and a transaction value of 799 million [2] - Qiu Le Seed Industry (920087) closed at 19.82, down by 2.36% with a trading volume of 256,800 shares and a transaction value of 530 million [2] - Wanxiang Denong (600371) closed at 9.45, down by 1.97% with a trading volume of 346,300 shares and a transaction value of 329 million [2] Capital Flow Analysis - The planting industry sector experienced a net outflow of 709 million from main funds, while retail funds saw a net inflow of 504 million [2] - The main funds showed a net inflow in Xue Rong Biological of 36.2962 million, while retail funds had a net outflow of 14.1443 million [3] - Nuo Puxin had a net inflow from main funds of 29.0745 million, with retail funds also experiencing a net outflow of 789,280 [3]

Core Viewpoint - The planting industry sector experienced a 0.9% increase on February 3, with Hainan Rubber leading the gains, while the overall market indices also showed positive performance [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4067.74, up 1.29% [1]. - The Shenzhen Component Index closed at 14127.1, up 2.19% [1]. Group 2: Individual Stock Performance - Hainan Rubber (601118) closed at 7.00, up 4.17%, with a trading volume of 1.1511 million shares and a turnover of 800.2 million yuan [1]. - Shennong Seed Industry (300189) closed at 8.13, up 2.91%, with a trading volume of 2.6958 million shares and a turnover of 2.158 billion yuan [1]. - Noposion (002215) closed at 11.11, up 2.30%, with a trading volume of 145,700 shares and a turnover of 160 million yuan [1]. - Hualu Biological (300970) closed at 21.99, up 1.52%, with a trading volume of 151,500 shares and a turnover of 113 million yuan [1]. - Honghui Zhaoshu (603336) closed at 9.24, up 1.32%, with a trading volume of 77,900 shares and a turnover of 71.5785 million yuan [1]. Group 3: Fund Flow Analysis - The planting industry sector saw a net outflow of 236 million yuan from main funds, while retail investors contributed a net inflow of 236 million yuan [2]. - The main funds showed a net inflow in stocks like Jinhai Seed Industry (002041) with 25.402 million yuan, while others like Hualu Biological (300970) experienced a net outflow of 6.1731 million yuan [3].

证券代码：601118 证券简称：海南橡胶 公告编号：2026-004 海南天然橡胶产业集团股份有限公司 关于为控股子公司提供担保的进展公告 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： ●被担保人名称：Halcyon Agri Corporation Limited（以下简称"合盛农业"） 为海南天然橡胶产业集团股份有限公司（以下简称"海南橡胶"或者"公司"） 的控股子公司。 ●本次担保金额及已实际为其提供的担保余额：公司为合盛农业提供不超过 人民币 13,620.60 万元的连带责任保证担保；截至本公告披露日，公司已实际为 合盛农业提供的担保余额为人民币 183,870.29 万元（含本次担保，美元汇率按 照 6.9929 计算）。 ●逾期对外担保：无。 ●特别风险提示：合盛农业最近一期的资产负债率超过 70%，敬请投资者注 意相关风险。 一、担保情况概述 （一）担保的基本情况 合盛农业与江苏银行股份有限公司上海分行（以下简称"江苏银行上海分 行"）于 2025 年 6 月签署流动资金借款合同，借款金额为 ...

2月2日，海南橡胶跌7.9%，截至发稿，报6.76元/股，成交6238.25万元，换手率0.22%，总市值289.29亿 元。 截至发稿，罗文杰累计任职时间12年290天，现任基金资产总规模1713.58亿元，任职期间最佳基金回报 187.93%， 任职期间最差基金回报-47.6%。 声明：市场有风险，投资需谨慎。 本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本 文出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 责任编辑：小浪快报 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，今日浮亏损失约1439.34万 元。 南方中证500ETF（510500）成立日期2013年2月6日，最新规模1446.9亿。今年以来收益12.18%，同类 排名618/5579；近一年收益52.38%，同类排名1146/4285；成立以来收益182.31%。 南方中证500ETF（510500）基金经 ...

2025年，受全球经济增长放缓、美国对全球加征对等关税等影响，天然橡胶价格较年初出现较大下跌、 市场行情出现大幅波动，公司产品销量不及预期、销售毛利下降，主营业务出现亏损。此外，公司根据 商誉减值测试的初步结果，对部分前期收购企业形成的商誉计提了减值准备。 格隆汇1月29日丨海南橡胶(601118.SH)公布，经财务部门初步测算，预计2025年年度实现归属于母公司 所有者的净利润-11,000万元到-7,400万元。预计2025年年度实现归属于母公司所有者的扣除非经常性损 益后的净利润-113,300万元至-75,600万元。 ...

证券代码：601118 证券简称：海南橡胶 公告编号：2026-003 海南天然橡胶产业集团股份有限公司 2025 年年度业绩预告 2025 年 1 月 1 日至 2025 年 12 月 31 日。 （二）业绩预告情况 1.经财务部门初步测算，预计 2025 年年度实现归属于母公司所有者的净利润 -11,000 万元到-7,400 万元。 2.预计 2025 年年度实现归属于母公司所有者的扣除非经常性损益后的净利 润-113,300 万元至-75,600 万元。 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： 1.预计 2025 年年度实现归属于母公司所有者的净利润-11,000 万元到-7,400 万元。 2.预计 2025 年年度实现归属于母公司所有者的扣除非经常性损益后的净利 润-113,300 万元至-75,600 万元。 一、本期业绩预告情况 （一）业绩预告期间 （三）本次预告的业绩未经注册会计师审计。 二、上年同期经营业绩和财务状况 （一）归属于母公司所有者的净利润：10,338.90 万元。归属于 ...

海南橡胶公告，预计2025年年度实现归属于母公司所有者的净利润-1.1亿元到-7400万元。预计2025年年 度实现归属于母公司所有者的扣除非经常性损益后的净利润-11.33亿元至-7.56亿元。2025年，受全球经 济增长放缓、美国对全球加征对等关税等影响，天然橡胶价格较年初出现较大下跌、市场行情出现大幅 波动，公司产品销量不及预期、销售毛利下降，主营业务出现亏损。此外，公司根据商誉减值测试的初 步结果，对部分前期收购企业形成的商誉计提了减值准备。 ...

2025年，受全球经济增长放缓、美国对全球加征对等关税等影响，天然橡胶价格较年初出现较大下跌、 市场行情出现大幅波动，公司产品销量不及预期、销售毛利下降，主营业务出现亏损。此外，公司根据 商誉减值测试的初步结果，对部分前期收购企业形成的商誉计提了减值准备。 格隆汇1月29日丨海南橡胶(601118.SH)公布，经财务部门初步测算，预计2025年年度实现归属于母公司 所有者的净利润-11,000万元到-7,400万元。预计2025年年度实现归属于母公司所有者的扣除非经常性损 益后的净利润-113,300万元至-75,600万元。 ...