Core Viewpoint - Jun Dong Holdings (08277) has entered into a timber harvesting and sales agreement with Cengqiao County Jinda Forestry Technology Co., Ltd., which is expected to enhance the company's industry position and create new revenue streams [1] Group 1: Agreement Details - The agreement allows Hebei Linmu Technology Co., Ltd., a non-wholly owned subsidiary of Jun Dong Holdings, to conduct timber harvesting operations on approximately 50,000 acres in Cengqiao County, Guizhou Province, China [1] - Hebei Linmu is responsible for all tasks related to timber harvesting, including felling, cutting, processing, debarking, stacking, transporting, loading, clearing the harvesting area, and maintaining the area and timber [1] - The company will share 5% of the net revenue from timber sales with Jinda Forestry [1] Group 2: Business Impact - The company believes that participation in this timber harvesting project will strengthen its position in the industry [1] - The board anticipates that the development of this business will generate additional new revenue sources and have a positive impact on the company's long-term growth [1]
骏东控股(08277)附属河北林木与金达林业订立木材采伐及销售协议