Group 1 - The Indonesian government is revising regulations on foreign exchange earnings from natural resource exports, requiring exporters to deposit all foreign exchange earnings in state-owned banks for at least one year [1] - Exporters will only be allowed to convert up to 50% of their earnings into Indonesian rupiah, aimed at retaining more US dollars domestically to support the weakening currency [1] - The core objective of the new regulations is to ensure effectiveness in increasing the domestic supply of US dollars and to close regulatory loopholes [1] Group 2 - The Indonesian rupiah has depreciated over 3% in the past year, with the USD/IDR exchange rate around 16,668 on December 8 [3] - Indonesia's foreign exchange reserves increased slightly to $150.1 billion as of November 2025, but are down from $156.1 billion in January [3] - Commodity exporters in Indonesia may face cash flow issues due to the tightening of foreign exchange controls, potentially leading to increased borrowing costs [3]

证券日报网讯 12月8日晚间，升达林业发布公告称，公司与债权人华宝信托协商拟实施债务展期并签署 《债务展期协议》，将剩余债权本金14，368.95万元还款日展期至2030年12月31日，自2026年1月1日起 按年利率8%（单利）计息。本次债务展期事项构成关联交易。 （文章来源：证券日报） ...

Core Viewpoint - The implementation plan aims to guide more financial resources towards ecological protection and industrial development in forestry, focusing on five key areas of support [1][2] Group 1: Key Support Areas - The five major areas of focus include ecological protection and restoration projects, specialty economic forests and under-forest economies, forestry industry transformation and upgrading, forest health and ecological tourism, and forestry carbon sinks and green low-carbon projects [1] - The plan emphasizes financial support for the protection of important water sources in eastern Liaoning and the governance of ecologically fragile areas in western Liaoning [1] Group 2: Major Tasks - Eight main tasks are outlined, including increasing credit support for key areas, utilizing structural monetary policy tools, innovating financial products and service models, enhancing the quality and efficiency of forestry loans, and strengthening financial guarantees for national reserve forest construction [2] - The plan encourages the inclusion of various forestry-related assets, such as land use rights and forestry product operating rights, into the collateral scope for loans, thereby activating dormant forestry assets and attracting more financial resources [2]

2023年，中办、国办印发《深化集体林权制度改革方案》，提出在保护森林资源和生态的前提下，可依 法利用公益林适度发展林下经济。 《若干措施》提出，鼓励各地借鉴浙江省"林业标准地"经验做法，打造收储平台，在尊重林农意愿、维 护林农权益的前提下，开展林地经营权集中收储，修筑必要的供水供电设施、防火作业道、机械运输轨 道、管理用房、防护栏网等直接为林业生产经营服务的工程设施，配套必要的林下经济产品加工等建设 用地，开展必要的林下空间调整优化。 收储方可用建成的"林业标准地"以租赁、入股、合作经营等形式吸引社会资本发展林下经济。 多年来在各地普遍推行的建工业园区或经济技术开发区，"筑巢引凤"的做法，开始在林业经济领域推 广。国家林草局表示，鼓励各地借鉴浙江省"林业标准地"经验做法发展林下经济。 国家林草局印发的《关于促进林下经济发展的若干措施》（下称《若干措施》）12月8日对外公布。国 家林草局发改司有关负责人在解读《若干措施》时介绍，目前，全国林下经济林地利用面积6亿多亩， 产值1万多亿元。发展林下经济是推动绿水青山向金山银山转化、带动农民增收致富的有效路径。 《若干措施》提出，落实好现行财政支持政策，坚持市场主导 ...

格隆汇12月8日丨升达林业(002259.SZ)公布，鉴于约定的还款期限临近，公司债务规模较大，公司与债 权人华宝信托协商拟实施债务展期并签署《债务展期协议》。本次债务展期事项构成关联交易，已经第 七届董事会审计委员会2025 年第五次会议、第七届独立董事专门会议第三次会议、第七届第董事会十 三次会议审议通过，关联董事贾秋栋、陆洲、杜雪鹏回避表决，尚需提交公司股东会审议通过。 ...

Core Insights - The forestry sector experienced a significant increase of 6.72% on December 8, with Fujian Jinsen leading the gains [1] - The Shanghai Composite Index closed at 3924.08, up 0.54%, while the Shenzhen Component Index closed at 13329.99, up 1.39% [1] Sector Performance - Fujian Jinsen (002679) closed at 16.06, with a rise of 10.00% and a trading volume of 170,300 shares, amounting to a transaction value of 273 million [1] - Pingtan Development (000592) closed at 12.70, increasing by 6.99% with a trading volume of 5.19 million shares, totaling 641.9 million [1] - Yong'an Forestry (000663) closed at 9.18, up 5.03% with a trading volume of 405,300 shares, resulting in a transaction value of 369 million [1] - ST Jinggu (600265) closed at 21.20, with a modest increase of 1.92% and a trading volume of 6,943 shares, amounting to 14.57 million [1] Capital Flow Analysis - The forestry sector saw a net outflow of 307 million from institutional investors, while retail investors contributed a net inflow of 315 million [1] - Fujian Jinsen had a net inflow of 78.8 million from institutional investors, but a net outflow of 43.5 million from speculative funds [2] - ST Jinggu experienced a minor net inflow of 0.4 million from institutional investors, while retail investors had a net outflow of 0.76 million [2] - Yong'an Forestry faced a net outflow of 6.64 million from institutional investors, but a net inflow of 22.18 million from retail investors [2] - Pingtan Development had a significant net outflow of 379 million from institutional investors, with a minor net inflow of 50.34 million from speculative funds [2]

△日本秋田市一公园内的警告牌 "熊害"成为日本近期舆论热点。秋田县林业研究培训中心发现，近年来，当地出现山毛榉果实丰收年的频率增加，可能导致野生熊类产崽更多； 丰收年后往往紧跟着歉收年，"口粮"减少，熊闯入人类居住区觅食致人死伤的事件因而更加频发。 据悉，从2002年开始，秋田县林业研究培训中心每年在该县5个区域监测山毛榉结果情况，发现以往每5至8年会出现一个山毛榉果实丰收年；从 2013年起，丰收年出现频率为每2至4年一次；2021年以来变成每2年一次，丰收年和歉收年交替出现。 监测结果显示，2022年和2024年都是山毛榉坚果丰收年，根据今年11月对山毛榉树芽生长情况的监测，预计2026年将是丰收年，而2027年会歉 收。 日本的山毛榉每年10月左右结果，果实是熊的重要食物来源。秋田县林业研究培训中心官员和田悟说，一般情况下，健康母熊会在果实丰收后的 冬季产下更多幼崽。次年若果实歉收，到来年春季，掉落在地上的果实很可能不够冬眠醒来的熊吃，导致它们不得不进入人类居住区觅食，这时 候较容易发生"熊出没"事件。 兵库县立大学教授横山真弓参与兵库县防熊工作超过20年。横山真弓介绍说，他们的研究显示，日本境内熊的数 ...

清晨，泰山大观峰。山川静寂，红云翻滚。太阳在云海中跋涉，一点一点升腾。人们翘首以盼，等着它 跃起，放射出万丈光明。3分钟，10分钟，半小时……人们揉揉酸胀的眼。偶一低头，看到不远的山岩 上一棵棵树挑着簇簇红果，已先于朝阳给予人们一天的热情和希望。 那些树是泰山花楸。那些红果自金秋结成，便一直牢挂枝头。秋风渐渐凌厉，红果们兀自微笑。秋风变 为利刃，它们依旧那么鲜明、红润。而当积雪箍成寒冰，天地一片混沌，它们便在冰下化为一粒粒红色 琥珀，成为"雾凇奇观"的主角。 花楸属蔷薇科，在泰山上，除普通树种外，还有一种世界上独一无二的"泰山花楸"——复叶对生的小叶 片基部又生出一至二片小叶，果实如小梨果。泰山花楸，以泰山为名，以山岩为壤，以星河作幕。 登山的人们时常会遇到它们。十八盘1600多级台阶，从红门到玉皇顶则有7000多级。一根登山杖，满头 大汗，心几乎要跳出喉咙。遥望云海茫茫，山顶难见，不禁失了几分勇气。偶然张望，黄白的山岩后， 纠缠的草丛间，一棵棵绿树飒然挺立，摇曳着累累红果，仿佛一面面旗帜。风吹动，旗帜飞扬，似在为 你鼓劲、加油。于是，揩一把汗，吸一口气，重新迈开双脚。到对松山，过升仙坊，直抵南天门。天门 一 ...

Core Viewpoint - The seventh International Energy Resources Law Forum was held in Guiyang, focusing on the theme of strengthening the modernization of energy resource legal systems to promote high-quality socio-economic development [1]. Group 1: Event Overview - The forum was organized by various legal and academic institutions, including the Guizhou Law Society and Guizhou University, and aimed to create a high-level academic exchange platform [3]. - Nearly 200 experts and scholars from universities, research institutions, judicial bodies, government departments, law firms, and energy resource companies participated in the discussions [1]. Group 2: Key Discussion Topics - The forum featured five major discussion panels covering critical areas of energy resource law, including comprehensive legal research, mineral resource law, energy law, land resource law, and the law of forests, water, oceans, biodiversity, and climate resources [5]. - The "Mineral Resource Law Research" panel addressed practical issues following the implementation of the new Mineral Resource Law, focusing on policies for efficient mining and the definition of illegal mining responsibilities [5]. - The "Energy Law Research" panel discussed legal pathways for achieving carbon neutrality and energy transformation, emphasizing multi-energy complementarity and clean coal utilization [5]. - The "Land Resource Law Research" panel explored land system reforms in rural revitalization, including collective land use rights and the transfer of homestead rights [5]. - The panel on "Forests, Water, Oceans, Biodiversity, and Climate Resource Law" covered global issues such as judicial practices for forest carbon sinks and benefit-sharing of marine genetic resources [5]. Group 3: Future Directions - Participants expressed a commitment to using the forum as a catalyst for enhancing theoretical research and practical innovation in energy resource law, aiming to elevate the legal framework to support high-quality socio-economic development [7]. - The publication of "Research on Energy and Resource Law" during the forum aims to provide academic support for constructing a legal system in this field and offers practical references for legislative improvement, law enforcement optimization, and judicial practice [7]. - The Guizhou Law Society's Energy Resource Law Research Association has developed into a professional academic platform with over 500 members, contributing to the integration of energy security and green transformation [8].

该平台依托区块链技术，链接林业经营主体、金融机构、政府及征信机构，构建集申请、审批于一体的 林业金融服务体系，助力林业经营主体提升融资获得率。 龙岩市林业金融区块链融资服务平台 正式上线 为深化林业普惠金融服务，破解林业经营主体融资难、流程繁琐、信息不对称等痛点，福建省首个、全 国林草系统首个市级林业金融区块链平台——龙岩市林业金融区块链融资服务平台，已于 11 月正式上 线运行。 深化林业 普惠金融服务 ...