Leveraging its extensive FSC-certified forest concession rights (including approximately 615,333 hectares in Peru) to develop carbon sink projects, generate carbon credits, and establish carbon trading operations as a high-margin revenue stream.

Expected impact: Diversification of revenue streams and capture of high-margin opportunities in the global voluntary and compliance carbon markets.

A strategic cooperation framework agreement between the company's Chinese subsidiary and the Research Institute of Wood Industry, Chinese Academy of Forestry, to collaborate on R&D for biomass supramolecular and biomass carbon electrode new materials.

Expected impact: Advancing biomass carbon innovation to contribute to the development of sustainable batteries from renewable sources.

Expanding the downstream product portfolio to include decorative plywood alongside traditional logs, decking, flooring, and sawn timber to mitigate weak global demand and property market downturns.

Expected impact: Mitigation of revenue declines in traditional timber segments and capture of new market segments.