Core Viewpoint - The founder of Hainan Haixiangyuan Investment Co., Ltd., Wang Haixiang, aims to promote Hainan's agarwood to the global market through the second Hainan Agarwood and Huanghuali International Trade Fair, highlighting the importance of protecting and developing local agarwood resources [2][4]. Group 1: Company Development - Hainan Haixiangyuan has successfully rescued 11 endangered local agarwood varieties and planted 3,960 acres of agarwood over the past decade [2][3]. - The company has established a provincial-level agarwood germplasm resource bank, preserving 61 mother trees and 19 precious varieties [3]. - The company has developed a complete product matrix, including agarwood seedlings, raw materials, and incense products, and has built four planting bases across the province, engaging over 10,000 acres of cooperative farming [3]. Group 2: Innovation and Research - The company has innovated a "micro-invasive biological artificial non-decay agarwood formation method," ensuring the quality and speed of agarwood production [3]. - Hainan Haixiangyuan has partnered with institutions like the University of Macau to research agarwood-related pharmaceuticals and health products [4]. Group 3: Market Expansion - The international market shows significant demand for high-quality agarwood, prompting the company to focus on branding Hainan agarwood globally [4]. - The upcoming trade fair is expected to attract numerous domestic and international merchants, facilitating exchanges that will help Hainan agarwood reach new development goals [4].