永安林业子公司拟实施福建莆田国家储备林建设项目(一期)

Core Viewpoint - Yong'an Forestry (000663.SZ) plans to develop a national reserve forest project in Putian, Fujian Province, with a total planned area of 150,000 acres, to be implemented in phases based on actual conditions [1] Project Overview - The project has a total estimated investment of 154 million yuan, with the first phase covering an area of 25,100 acres [1] - The project duration is set for 30 years, including an 8-year construction period from 2025 to 2032, followed by a 22-year operational period from 2033 to 2054 [1] Forest Composition and Output - The first phase will include various types of forests: - Short-cycle small-diameter timber raw material forest covering 14,992 acres - Medium-cycle medium-diameter timber forest covering 3,476 acres - Medium-long cycle large-diameter timber forest covering 2,736 acres - Medium-long cycle precious mixed species forest covering 3,906 acres [1] - The project is expected to produce 864,500 cubic meters of timber and achieve a standing timber volume of 161,500 cubic meters by the end of the construction period, with an annual carbon storage capacity of 7,000 tons [1] Strategic Implications - The implementation of the national reserve forest project is expected to optimize the existing forest resource structure, enhance the company's green foundation in forestry, and promote resource increment, operational efficiency, and project revenue [1] - This initiative will also provide solid resource support for the company's "integrated forestry and board" strategy [1]