Core Viewpoint - Jun Dong Holdings (08277) has entered into a timber harvesting and sales agreement with Cengong 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 Cengong County, Guizhou Province, China [1] - Hebei Linmu is responsible for all tasks related to the timber harvesting project, including felling, cutting, processing, and transporting the timber to collection points [1] - The company will also be responsible for selling the timber and will share 5% of the net proceeds with Jinda Forestry [1] Group 2: Business Impact - The company believes that participation in the 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 for the group [1] - The long-term development of the company is expected to benefit positively from this initiative [1]
骏东控股附属河北林木与金达林业订立木材采伐及销售协议