Transfer of 15422 mu of forestland harvesting rights

Jinggu Forestry (600265) announcement, the company decided to be located in the bi-anxiang Total cutting area of 15422 acres of live timber harvesting right to be compensated. The transfer shall be organized by the company for auction or tender. According to the Yunnan Provincial Forestry Survey and Planning Institute to provide survey data, the cutting right of the company to be compensated is located in bi Anxiang, there are 20 live stands, the total cutting area of 15422 mu (accounting for the company's raw material Forest base 3.03%), integrated volume of 119697.4 cubic meters (about the company's raw material forest base total volume of 3.3%　　) for the transfer.　　The announcement shows that after the circulation of live timber logging methods and time limit, the flow of trees in accordance with the annual logging index of the amount of reasonable in 2011-2012 to complete the cutting method. The announcement said that the company's transfer of 20 of the marked woodland only for live timber harvesting rights, does not involve the use of forest land, underground mineral resources and other. Jinggu Forestry said that according to the market situation of living wood circulation, in the future, we will not rule out the way to reform the supply of raw materials and use the raw materials more effectively.