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By CnAgri 2021-02-07 11:07:29 Print Tel:861064402118-822 Email: chen.wang@boabc.com

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Brief Introduction:

Table of Contents:

  • On January 5, Luzhai County government in Guangxi signed a contract with Nature Home (China) Co., Ltd. on a high-end green home furniture base project. The total investment of the project is 1 billion yuan. The first phase is planned to cover 300 mu of land to build a 10 million ㎡/year multi-layer composite flooring project and a 10 million ㎡/year laminate flooring project with the construction period of 1 year.
  • On January 8, the government of Qntang District, Guigang City, Guangxi Province signed the contract of Guangxi (Qintang) Green Home Furnishing Industry Cluster Project with Guangxi Gcon Furniture Group with a total investment of about 15.2 billion yuan.
  • On January 8, Sun Paper started its special paper making machine PM40 in the New Materials Industrial Park in Yandian Town, Yanzhou District, Jining City, Shandong Province. On January 10, the PM2 project of Sun Paper with an annual output of 800,000 tons of high-grade packaging paper in Laos started operation.
  • On January 13, 22 wood industry projects started operation in Xingbin District, Laibin City, Guangxi Province with a total investment of 7.325 billion yuan, and the annual planned investment would be 1.51 billion yuan. The 22 projects include 8 projects in Shiyuan Timber Park (Damaofa’s medium and high-end plywood project, Guangxi Zhongyang Wood Industry, Laibin Pengsheng Wood Industry, etc.), 6 projects in Dongrong Ecological Timber Park (Guangxi Xinghan Wood Industry, Guangxi Shunsheng Wood Industry, Laibin Qichang Wood Industry, etc.) and 8 projects in Shilin Dongmeng Timber Park (Laibin Shengyang Wood Industry, Laibin Zhongsheng Wood Industry, Guangxi Minshun Wood Industry).
  • On January 15, Bohui Paper announced its estimated net profit of 822~849 million yuan in 2020, an increase of 514.15~534.38%. In addition, it announced the pre-planning for private placement of stock placement to raise no more than 5 billion yuan, which will be used for green and environmental protection energy comprehensive utilization project, digital transformation project, production line transformation project for machine No. 5 and No. 6 producing high-grade packaging paperboard, CTMP production line and its waste liquid comprehensive utilization project and repayment of bank loans.
  • On January 18, Zhongbo Construction Engineering Group and Dahan Group jointly invested 5 billion yuan to construct Zhongbo Home Furnishing Materials Industrial Park project in Tianyuan District, Zhuzhou City, Hunan Province. The project covers an area of 490 mu, with a total floor area of about 620,000 square meters.
  • On January 18, Changqing Wood Industry in Xilin County, Baise City started the construction of its 300,000 m³/year board project. The project is located in Guangxi Xilin - Yunnan Guangnan Ecological Poverty Alleviation Industrial Cooperation Demonstration Park, with a total investment of 1 billion yuan.
  • On January 25, PIANO announced that they would raise 600 million yuan through private placement at the price of 19.23 yuan/share for its whole house customized intelligent furnishing project and the supplement of working capital.
  • In 2020, Guangxi Daguishan Forest Farm sold 301,700 cubic meters of timber, with a year-on-year increase of 17%; timber sales revenue reached 136.945 million yuan, up 20% year on year.
  • In 2020, a total of 128 foreign ships arrived at Xinminzhou Port with imported timber of 3.655 million cubic meters.
  • In 2020, 12,406 freight trains ran between China and Europe, up 50% year on year; the total value of goods transported was 50 billion USD.

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