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On October, 24th, Tian Yun Forestry Industry Group signed a cooperation aggreement with China Everbright Bank and Everbright Securities Co., LTD. at International Hotel of Yi Yang city, Hu Nan province. According to the agreement, China Everbright Bank and Everbright Securities Co., LTD. will invest about RMB 1.5 billion to promote the development of Tian Yun Forestry Industry Group, thus to realize the double-wins. Through the cooperation, Tian Yun Forestry Industry Group is going to build 0.5 million mu of forestry land, and introduce into 0.5 million m3 production line of fiber board, and accomplish 0.5 million furniture manufacturing projects, and realize an annual turnover of RMB 5 billion.
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