According to the company announcement on January 1 and 5, 2009, in order to secure the capital requirements of the company's 210,000 cubic meter medium fiber board and the supporting 160,000 mu fast-growing eucalyptus raw material forest base project, the company transferred 40 million shares out of the 60 million shares held by Fujian Huiyang Forestry Investment Co., Ltd. to Daofu County Pangbo Mining Co., Ltd. at a price of 42.4 million yuan. Comment: The company was formed from the assets of eight forestry farms and six forestry stations in Sanming, Fujian, and was listed on the Shenzhen Stock Exchange in 1996. The company previously owned 60 million shares of Fujian Huiyang Forestry Investment Co., Ltd., accounting for 40%. After the transfer, the company owned 20 million shares of Fujian Huiyang Forestry Investment Co., Ltd., accounting for 13.33%.