China Hainan Rubber Industry (SHA:601118) collected 38.6 million yuan in rubber income insurance proceeds following price-driven losses in May.
The rubber company received 28.5 million yuan in seedling compensation for land expropriation, including the G98 Expressway expansion project, according to a weekend filing with the Shanghai bourse.
Shares of Hainan Rubber Industry rose 3% in recent trade.
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