Hainan Rubber disclosed on December 15, 2011 that the company participated in the 2011 China (Hainan) International Tropical Agricultural Products Winter Trade Fair held on December 12. As of December 13, the company signed a total of 16 rubber products with 16 companies on December 13. The letter of intent, intention to supply a total of 205,200 tons (including all kinds of domestic and imported rubber).
The company stated that as the letter of intent signed by the Winter Trade Fair only clarified the intention of the company in 2012, it had no impact on the company's 2011 performance. The letter of intent only includes the amount of supply for 2012, and the supply price will be determined according to the market price at the time of implementation in 2012. The signing of the letter of intent for supply will benefit the company's sales of rubber products in 2012, but the specific financial impact data is still unpredictable.
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