Core Viewpoint - The company plans to transfer forest land assets located in six regions of Shaanxi through its wholly-owned subsidiary, aiming to alleviate financial pressure, optimize asset structure, and reduce operational costs [1] Group 1: Asset Details - The total area of the land assets to be transferred is 437,759.70 acres [1] - The book value of the assets is reported at 1.203 billion yuan [1] - As of the assessment benchmark date of November 30, 2025, the corresponding assessed value of the assets is 1.313 billion yuan [1] Group 2: Transaction Process - The transfer will be reviewed at the first extraordinary shareholders' meeting scheduled for January 27, 2026 [1] - The subsequent transfer will be publicly listed, following regulatory procedures and approval processes [1]

Core Viewpoint - The company plans to transfer forest land assets located in six regions of Shaanxi Province through its wholly-owned subsidiary, which is expected to alleviate financial pressure and optimize its financial structure [1] Group 1: Asset Transfer - The company intends to transfer forest land assets, including timber assets and land use rights [1] - The transfer involves six areas: Yangxian, Xixiang, Fengxian, Shiquan, Liuba, and Pingli [1] - The asset transfer is subject to approval by the company's shareholders' meeting [1] Group 2: Financial Impact - Successful transfer of the assets will significantly reduce the company's debt-to-asset ratio [1] - The move aims to continuously optimize the company's financial structure [1]