Fujian Jinsen Forestry Co.,Ltd. (SZSE:002679) agreed to acquire Nine Forest Assets from nine individuals for CNY 41.7 million on December 15, 2013. The nine sellers are Deng Fangxiang, Hong Rongshou, Huang Zufa, Li Yiwang, Liao Jianchun, Liu Yujian, Xiao Linsheng, Xiao Xiangyi and Ye Guoqiang. Fujian Jinsen Forestry plans to pay before December 30, 2013.

The transaction was approved by Board of Directors of Fujian Jinsen Forestry on December 15, 2013. Fujian Jinsen Forestry plans to complete the change in registration of the above assets before December 25, 2013.