Core Viewpoint - Hongqiao Group (08137) has entered a non-binding strategic cooperation memorandum with Dongfang Yilin Industrial Co., Ltd. to explore financialization paths for precious timber assets, specifically focusing on Hainan Huanghuali timber as the underlying asset [1] Group 1 - The cooperation aims to promote the industrialization of ecological resources and the capitalization of ecological industries, creating a green economic closed loop that integrates precious timber resources, finance, and blockchain technology [1] - The partnership is expected to activate a trillion-level timber rights trading market and serve as a benchmark case for the reform of China's timber rights system, contributing to rural revitalization and common prosperity [1] - Hainan Huanghuali is recognized as one of the world's top five precious woods, possessing scarcity, growth potential, and high value attributes, aligning with the company's focus on resilient and stable investment opportunities [1]