China Forestry Group Corporation
| Company type | Private Company |
|---|---|
| Industry | Manufacturing General, Forestry |
| Founded | 1984 |
| Headquarters | , |
Area served | Worldwide[1] |
| Products |
|
| Owner | Zhonglin Group |
Number of employees | 2,102 |
| Parent | Ministry of Forestry |
| Website | https://en.cfgc.cn/g1126.aspx |
China Forestry Group Corporation (Chinese: 中国林业集团有限公司) is a Chinese forestry company, established directly under the State Forestry Administration of the People's Republic of China in February 1984[3][4][5] to plant and manage forests in China and internationally, as well as to produce, process, import and export forest products[6][7] China Forestry Group Corporation has its headquarters in Beijing and runs business operations in the United States, Canada, New Zealand, Australia, Myanmar, India, Singapore, Russia, France, Uruguay, Brazil,[8] South Africa and Mozambique.
A company with a similar name, China Forestry, was formerly listed on the Hong Kong Stock Exchange, but ceased operations after financial fraud was discovered.[9][10]
New Zealand operation
[edit]As a wholly owned subsidiary of China Forestry Group Corporation, China Forestry Group New Zealand Company Ltd is a New Zealand-registered and -based forest products and management company. The company acquires and manages forest resources,[11] harvesting, wood products transportation, sales and export. Its wood products supply both the New Zealand and international markets. China Forestry Group Corporation is keen in further direct investment in forests in New Zealand.[12]
References
[edit]- ^ "CFGC at a glance". China Forestry Group Corporation. Retrieved 12 July 2023.
- ^ "China Forestry Group Corp". Bloomberg. Retrieved 12 July 2023.
- ^ "China Forestry Group Corporation (CFGC)". China Daily. Apr 23, 2019. Retrieved 2021-08-24.
- ^ "China Forestry Group Corporation due diligence report by Infospectrum". portal.infospectrum.net.
- ^ "China Forestry Group Corp Profiles | Fixed Income | Company Analysis | News - Overbond". www.overbond.com. Retrieved 2021-08-24.
- ^ Syntao.com. "China Forestry Group Corporation - Enterprises". China Sustainability Reporting Resource Center. Archived from the original on 2018-05-22. Retrieved 2018-05-02.
- ^ "China Forestry Group". Global Reporting Initiative.
- ^ "Chinese giant evaluates buying eucalyptus areas in the country by as much as $700 mi - Datamark". www.datamark.com.br. [dead link]
- ^ "KPMG settles legal claims after failing to spot fraud at Chinese group. China Forestry's IPO led to backlash against poor listing standards in Hong Kong". Financial Times. Retrieved 2021-08-24.
- ^ "China Forestry faces covenant breach struggle". GlobalCapital Asia. 2019-04-26. Retrieved 2021-08-24.
- ^ "Chinese keen on more NZ forestry buys". 24 April 2013 – via www.newshub.co.nz.
- ^ "Chinese company keen on additional NZ forests". fridayoffcuts.com.