YONGAN FORESTRY(000663)2022-11-22 03:10Group 1: Acquisition and Support - Zhonglin Group's acquisition of Yong'an Forestry is based on the rich forestry resources in Fujian Province, which has the highest forest coverage rate in China [1] - The acquisition aims to leverage Zhonglin Group's efficient forest resource management model to enhance Yong'an's operational status and profitability [1] - Zhonglin Group plans to provide up to 300 million RMB in liquidity support for Yong'an's strategic development and operational needs [2] Group 2: Business Development Plans - Yong'an Forestry aims to enhance its forestry management quality and efficiency by utilizing Zhonglin Group's advantages in industry, capital, information, technology, and talent [2] - The company plans to innovate in wood production and sales, and establish a service-oriented forestry management mechanism [2] - In the engineered wood sector, Yong'an aims to become a market leader by focusing on key industry clients and improving direct supply orders [2] Group 3: Industry Opportunities and Challenges - The forestry industry expansion prospects are promising, with opportunities in national reserve forest construction and collaboration with Zhonglin Group on various forestry services [2] - Carbon trading and forestry carbon sinks are seen as supplementary to achieving national carbon reduction goals, enhancing the value of forest resources [3] - Yong'an Forestry is currently not considering overseas land acquisitions, focusing instead on optimizing domestic forestry and engineered wood operations [3]