Jiusen Forestry

Hubei Jiusen Forestry Joint-stock Co., Ltd. (hereinafter referred to as Jiusen Company) was established in 1999, headquartered in Wuhan City, with a registered capital of 56 million yuan. Jiusen Company has built forestry bases covering 110,000 mu. The bases are mainly distributed in Wuhan City, Huanggang City, Jingmen City, Xianning City and Shiyan City, etc. The existing forest assets are in excellent condition, with a uniform age structure of young, middle-aged and near-mature forests. While playing an ecological carbon sequestration role, its forestry bases have provided a large amount of timber to the society, creating ecological and economic benefits of forest trees. The company's forestry production has employed a large number of rural laborers, achieving good social benefits. At present, the company has a group of senior talents familiar with forest resource production, enterprise operation and capital operation, forming a relatively complete afforestation technical system and management system, and possessing the ability to undertake large-scale afforestation and tending projects. From 2009 to 2013, the company was continuously awarded the title of Key Leading Enterprise of Forestry Industrialization in Hubei Province by the Hubei Provincial Forestry Department, playing a significant demonstrative and driving role in the province. In 2011, the company was officially restructured into a joint-stock enterprise and introduced several strategic investors with considerable strength, forming a superimposed advantage effect, enabling the company to have strong industry leadership, with irreplicable advantages in wood processing technology and forest resource construction, and building a capital project operation platform. Development plan: Continue to actively introduce well-known domestic and international enterprises as strategic shareholders, conduct standardized operations, and optimize the corporate governance structure. Leverage the company's forestry production technology advantages to expand the scale of forestry resource construction, with forest land area reaching 300,000 mu. Utilize national forestry policies, social resources and the company's influence in Hubei, with the support of provincial and municipal governments, to promote the market-oriented trading of forest assets. Adhere to the main business of forest planting, while simultaneously developing processing projects to achieve integrated development of forestry and board. Actively promote the company's listing, realize the capitalization of forest assets and securitization of capital, generate fission through capital market financing, further advance the company's leapfrog development, with forest resources reaching 1 million mu, and become a first-class enterprise in China's commercial forest production and operation.