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Thursday, 27 November 2014, 16:00 HKT/SGT

Source: China Wood Optimization (Holding) Limited
China Wood Optimization Designated as "Vice President Unit" by China Wood Protection Industry Association
Chief Executive Officer Mr. LI Li named "Outstanding Young Entrepreneur" at the first "Jintan Award of China Wood Industry"

HONG KONG, Nov 27, 2014 - (ACN Newswire) - China Wood Optimization (Holding) Limited ("China Wood Optimization" or the "Group"; stock code: 8099), an advanced new technology group engaged in processing, manufacturing and sales of wood products, has been designated as a "Vice President Unit" by the China Wood Protection Industry Association (CWPIA) this year at the "7th Conference of China Wood Protection Industry and Forums of New Technological on Wood Optimization of Plantation" held on 30 and 31 October this year in Changsha, Hunan. Mr. LI Li, Chief Executive Officer of the Group, has also been honored as an "Outstanding Young Entrepreneur" at the first "Jintan Award of China Wood Industry".

China Wood Optimization is the co-organizer of this year's conference. Mr. LI Li attended the conference as a special guest and shared with experts, university professors and industry professionals his experience in R&D, production and application of new materials within the areas of functional optimization of plantations.

Mr. LI Li, Chief Executive Officer of China Wood Optimization, said, "The Group's brand 'AMS' embodies the philosophy of 'protecting the beautiful forest', blazing a green development trail for the wood industry. We have placed our focus on wood optimization and conducted industry research to enhance the effective utilization and functionality of wood, so as to achieve the goal of sustainable green development. After careful evaluation of different business segments, we have found that the traditional composite panel processing industry has entered into a low growth period, while optimized wood has huge market potential and impressive profit margins. This plus the strong support from industry experts and leaders has facilitated the Group's rapid development in the technological and commercial aspects of wood optimization."

To promote the innovative development of wood materials and the conservation and effective utilization of wood resources, as well as encourage leaders in the industry to strive for green, low carbon and environmentally-friendly operations, CWPIA has announced the establishment of the "Jintan Award of China Wood Industry" starting in 2014 during the conference. The first "Jintan" Award is to feature four categories: People, Corporation, Application and Innovation. After the examination and approval by industry experts and professors, China Wood Optimization has been designated as a "Vice President Unit" by CWPIA this year, while Mr. LI has also been honored as an "Outstanding Young Entrepreneur".

CWPIA is a national industry association established on 18 April 2011 with the approval of the Ministry of Civil Affairs. Its business supervisory unit is the Ministry of Industry and Information Technology and its secretariat is located in the Timber Conservation and Development Center. CWPIA has been voluntarily founded by departments, units, universities and companies engaged in the administration and management, research, education, international cooperation and news publication related to the sustainable utilization of wood, as well as individuals across various sectors concerned about and committed to promoting the sustainable utilization and development of wood resources in China. CWPIA adheres to the philosophy of encouraging the sustainable utilization of wood and building a green wood industry, as well as actively promoting conversation and effective utilization of wood resources. This can help drive the continuous utilization of wood in the areas of landscaping, wood structure construction, decoration and renovation as well as wood products.

About China Wood Optimization (Holding) Limited

The Group is principally engaged in the processing, manufacturing and sales of processed wood products, by employing its self-developed wood processing procedure. The Group's processed wood products are broadly divided into two categories, namely processed wood panels and processed finger joint wood panels. The Group's wood processing procedure can improve the hardness, shrinkage and swelling rate, density, deformation resistance, cracking resistance, anti-corrosiveness, bending strength and elasticity of poplar wood. Its processed wood products can be used as substitutes of natural solid woods. The Group's products are widely used to make furniture and indoor furnishing materials. Customers of the Group mainly include manufacturers of floor planks, sound box, furniture, doors and window frames and wholesalers of wooden panels.

Strategic Financial Relations Limited
Veron Ng     +852 2864 4831     [email protected]
Angelus Lau  +852 2864 4805     [email protected]
Janet Fong   +852 2864 4817     [email protected]
Fax: +852 2527 1196

Nov 27, 2014 16:00 HKT/SGT
Source: China Wood Optimization (Holding) Limited

Topic: Press release summary
Sectors: Daily Finance, Daily News
From the Asia Corporate News Network

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