Core Insights - The "Guangxi National Reserve Forest Ticket 2.0" project was launched, involving 8 state-owned forest farms and enterprises, covering an area of 25,000 acres with an issuance amount of 55 million RMB, and an expected annual dividend yield of over 3.5% [1][2] - The project aims to enhance the management and utilization of forest resources in Guangxi, addressing challenges in forest rights confirmation, land management, and financial innovation in forestry [1] Group 1 - The first batch of 8 "Guangxi National Reserve Forest Ticket 2.0" projects was launched, covering multiple regions including Hezhou, Hechi, and Fangchenggang [1] - The total cooperative area for the projects is 25,000 acres, with an issuance amount of 55 million RMB and expected annual dividends exceeding 3.5% [1] - Direct benefits to village collectives and forest farmers are projected to exceed 15 million RMB [1] Group 2 - The new mechanism for the forest ticket reform includes project-based operations, shareholding cooperation, tiered dividends, and progressive returns [2] - The reform will expand the pilot areas, increase the total number of cooperative projects, and optimize related products and attributes [2] - The aim is to provide richer returns from forest tickets to farmers and promote high-quality development in collective forest areas [2]