On December 23, the Hainan Financial Supervisory Authority issued a document stating that it will actively guide the district agencies to focus on seed industry revitalization strategies, successfully implement the country's first batch of new crop varieties to expand breeding technology insurance coverage, and promote the country's first batch of new crop varieties to expand breeding technology insurance coverage. According to reports, the insurance focuses on key growth periods such as rice growing season, flowering period, and grouting period, and fully covers risks affecting core seed production technical indicators such as abnormal temperature, rainfall, and high winds. Relying on the 60% premium subsidy policy of Sanya Yazhou Bay Science and Technology City, it effectively reduces enterprise insurance costs, and provides a total risk guarantee of about 2,8073 million yuan for the insured companies' 1,403-acre rice breeding and breeding base. Affected by the typhoon weather, the rice at the insurance base experienced an abnormal climate during the Yanghua pollination period, triggering payment conditions. The Hainan Financial Supervisory Authority said that it immediately guided insurance institutions to launch a green claim channel, set up a third-party assessment team to standardize multi-point sampling, precise measurement and assessment of losses, and completed the country's first technology insurance claim for the expansion of new crop varieties with “rice fruiting rate” as the core indicator at the end of November. A total of 757,900 yuan in compensation was paid to damaged farmers, with a compensation rate of 180%, providing solid risk protection and financial support for the revitalization of the national seed industry and the construction of a modern agricultural system at the Hainan Free Trade Port.

On December 23, the Hainan Financial Supervisory Authority issued a document stating that it will actively guide the district agencies to focus on seed industry revitalization strategies, successfully implement the country's first batch of new crop varieties to expand breeding technology insurance coverage, and promote the country's first batch of new crop varieties to expand breeding technology insurance coverage. According to reports, the insurance focuses on key growth periods such as rice growing season, flowering period, and grouting period, and fully covers risks affecting core seed production technical indicators such as abnormal temperature, rainfall, and high winds. Relying on the 60% premium subsidy policy of Sanya Yazhou Bay Science and Technology City, it effectively reduces enterprise insurance costs, and provides a total risk guarantee of about 2,8073 million yuan for the insured companies' 1,403-acre rice breeding and breeding base. Affected by the typhoon weather, the rice at the insurance base experienced an abnormal climate during the Yanghua pollination period, triggering payment conditions. The Hainan Financial Supervisory Authority said that it immediately guided insurance institutions to launch a green claim channel, set up a third-party assessment team to standardize multi-point sampling, precise measurement and assessment of losses, and completed the country's first technology insurance claim for the expansion of new crop varieties with “rice fruiting rate” as the core indicator at the end of November. A total of 757,900 yuan in compensation was paid to damaged farmers, with a compensation rate of 180%, providing solid risk protection and financial support for the revitalization of the national seed industry and the construction of a modern agricultural system at the Hainan Free Trade Port.