Rugao Port Group Co., Ltd.

Zhonglin Times Holdings Co., Ltd. is a wholly-owned second-level subsidiary registered in Shanghai by China Forestry Group Co., Ltd., a central enterprise managed by the State-owned Assets Supervision and Administration Commission of the State Council. It is a comprehensive service platform that China Forestry Group has focused on building to leverage state-owned capital, achieve strategic business transformation, optimize the layout of state-owned capital, and promote the transformation and upgrading of China's forestry industry. The company is mainly engaged in port logistics, industrial park development, bulk commodity trading such as timber, coal, ore, and fuel oil, as well as supply chain financial services. It has deployed 15 enterprises in Shanghai, Nantong, Zhenjiang, Suqian, and other places, with nearly 700 employees.