To promote research and development on products and services involving new energy technology
HONG KONG, Jan. 28, 2013 /PRNewswire/ -- China Forestry Holdings Co., Ltd. ("China Forestry" or the "Company", or together with its subsidiaries, the "Group", HKSE: 930), a leading private operator of naturally regenerated and plantation forests in China, advocated the development and utilization of forest-based ecological energy at the 2013 China Energy Strategy Summit. The Company will strive to promote the development of forest-based ecological energy by providing technical services and high-tech products for the utilization and development of this energy resource in China. Forest-based ecological energy includes large-scale, environmental friendly, and inexhaustible regenerative resources from forests such as wind power, solar power, hydro power and high-low potential energy. By developing new methods to harmless energy, forests can be turned into power generators.
The Summit was held in Beijing from January 19 to 20, 2013, and was sponsored by organizations that included the National Development and Reform Commission, the National Energy Commission, China Forestry and other government authorities and corporate units. Among the speakers at forum were Mr. Zhang Guobao, Chairman of the National Energy Expert Consultation Committee; Mr. Han Wenke, Head of the Energy Research Institute of the National Development and Reform Commission; Mr. Feng Fei, Head of Research at the Department of Industrial Economics at the Development Research Center of the State Council; and Mr. Shi Dinghuan, State Council advisor and chairman of the China Renewable Energy Society. Professor Chen Hongqiang, Chief Scientist of China Forestry, delivered a speech, entitled "The Development of and Research on Forest-based Ecological Energy in China", advocating that forestry corporations in China focus on the development and utilization of forest-based ecological energy.
Professor Chen Hongqiang said, "China Forestry does not confine itself within the traditional mode of development in the forestry industry. In addition to incorporating recycling, sustainability and diversity in our operations, we are also promoting research and development in the area of forest-based ecological energy. We aim to become the leading supplier of technical services and high-tech products in forest energy in China."
In the first half of 2012, China Forestry strategically developed the wood-frame house manufacturing and construction business with a view to accelerating the Company's downstream forestry operations. With its existing wood-frame house projects, China Forestry is currently developing technologies in built-in power, water supply and utilization, domestic rubbish disposal, indoor temperature control, etc. Meanwhile, the Company has enhanced the anticorrosion, fungus proof, water proof and insect proof effects of its products by developing biological wood preservatives, carburizers, biosynthetic binders and biological asphalt based on ACQ (Ammoniacal Copper Quaternary). We are also committing considerable effort to integrate advanced technology into wood-frame house construction and aim to apply our research output to our future wood-frame house projects.
Professor Chen Hongqiang reiterated, "Forests have always been the foundation of China Forestry's business, and we are committed to making constant improvements in our sustainable forestry operations with knowledge and technology. Therefore, China Forestry is intent on engaging in research and development on new forest energy and aims to make forests into biological factories. Our engagement in the natural energy industry through the development of renewable forestry energy will eventually benefit the Company and our investors."
About China Forestry Holdings Co., Ltd.
China Forestry is a privately-held integrated forest company in China, and currently focuses on the operation of the whole forest industry chain, including seedling cultivation, planting of renewable forest, forest management, qualified timber sales, import and export timber trade, intensive timber processing, construction of wood-frame houses, and forest ecotourism, etc.
The Company has been listed on the main board of Hong Kong Stock Exchange Limited since 3 December 2009.
To learn more about the Company, please visit the Company's website at: http://www.chinaforestryholding.com
