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On August 15, the reporter learned from the work conference of the district-owned forest farms that by the end of June 2012, 13 state-owned forest farms in Guangxi will be established as Guangxi Zhilin Farm Group Co., Ltd., and will implement market-oriented management by integrating various resources. We will strive to achieve an annual operating income of more than 20 billion yuan in 2015 and rank among the top 500 Chinese companies.
The 13 state-owned straight forest farms in this area are respectively Qinlin Forest Farm, Bobai Forest Farm, Sanmenjiang Forest Farm, Weidu Forest Farm, Daguishan Forest Farm, Yachang Forest Farm, Gaofeng Forest Farm, Liuwan Forest Farm, Dongmen Forest Farm, and Piyangshan Forest. Field, Qipo Forest Farm, Liangfengjiang Park, Huanghua Forest Farm. In 2010, the forest area of ​​the 13 districts was 7.5 million mu, the forest reserves were 18 million cubic meters, the timber production was 1.77 million cubic meters, the output of man-made panels was 870,000 cubic meters, the total assets were 18 billion yuan, and the total output value was 8 billion yuan. The total operating income is 5 billion yuan and the total profit and tax is 1.1 billion yuan.
“District straight forest has no way out without reform, and it is not a critical period for non-reform.†Chen Qiuhua, director of the Autonomous Region Forestry Department, said that although the total economic output of district forest farms has increased significantly in recent years, there is an operating system in the forest farm that is inactive and operating. Extensive management, low level of industrial structure, weak brand competitiveness, and weak ability to withstand market risks, etc. Market-oriented, corporatized forestry has become the only way for district forest farms to start new businesses again.
It is understood that in recent years, the financing bottlenecks faced by the district-owned forest farms have also contributed to the internal causes of their grouping. According to sources in the industry, with the rapid development of forestry industry in district forest farms, the demand for funds from tree farms is also increasing. Before 2010, the most important financing method for the district straight forest farm was to use forest resource mortgages to lend to banks. However, as the forest land that can be used for mortgages was gradually transferred, the financing method of the district straight forest farms was forced to turn to mutual guarantee loans. Due to the relatively high risk of mutual guarantee loans between forest farms, this type of financing model has also been squeezed. Straight farms in all districts are eagerly seeking new financing channels. After the group is established as a group company, the assets of the District Forest Farm can be uniformly assessed, and the credit rating of the forest farms will be correspondingly increased. The low-cost financing methods such as issuing corporate bonds and listing will no longer be far away.
According to the plan, the Zhilinchang Group Company of Guangxi District was led by Gaofeng Forest Farm and jointly funded by 13 districts of Zhilin Forest Farm. It gradually established and perfected the modern enterprise system, and its main business includes wood processing, forestry chemicals, and trade logistics.
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