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            The Ganzhou International Land Port Station accepts China-  decrease of approximately 800 enterprises compared to the
          Europe freight trains with European spruce and fir. Nankang   end of 2024.
          was  neither  along  the  border  nor  by  the  sea.  In  the  past  it   The total production capacity is approximately 248 million
          took three months to transport timber from Russia at a cost   cubic metres per year, representing a 12 percent increase

          as high as RMB4,000 per cubic metre.               compared to the end of 2024.
            Today, relying on the China-Europe freight trains, the   In the first half of 2025 three fibreboard production lines
          transport time has been shortened to 14 days and the overall   (including one continuous flat press line) was completed and
          logistics cost has been reduced by 18 percent.     put into operation adding a production capacity of 520,000
            Relying on the "port + bonded + cross-border" linkage   cubic metres per year.
          model of Ganzhou International Land Port, Nankang furniture   By the end of June 2025 228 fibreboard manufacturing
          has appeared in international markets.             enterprises in China had 252 fibreboard production lines and
            It  has  been  exported  to  countries  in  Europe,  America,   the factories were distributed across 21 provinces (municipalities
          Southeast Asia, Central Asia and the Middle East with overseas   and autonomous regions) with a total annual production

          orders signed exceeding RMB5 billion in 2024.      capacity of 40.64 million cubic metres.
            Nankang has successfully established a complete industrial   The net reduction in fibreboard production capacity was
          supply chain integrating wood trading, design and research and   1.19 million cubic metres representing a further decrease of
          development, intelligent manufacturing and logistics distribution.   around three percent compared to the end of 2024.
            There are over 10,000 furniture enterprises and more than   Of the factories, there were 122 continuous flat pressure
          500,000 employees in Nankang.                      lines with a combined production capacity of 27.42 million
            In 2024 the Ganzhou International Land Port has operated   cubic metres per year.

          over 1,600 China-Europe (Asia) freight trains covering more   The fibreboard industry showed a further downward
          than 100 cities in five Central Asian countries and over 20   trend in the number of enterprises, production lines and total
          European countries.                                production capacity. There are five fibreboard production lines
                                                             under construction across the country with a combined annual
          Wood-based panel industry in first half 2025       production capacity of 1.18 million cubic metres.
          According to the Industrial Development Planning Institute of   In the first half of 2025 9 particleboard production lines
          the National Forestry and Grassland Administration, China's   (including 7 continuous flat pressing lines) were put into
          plywood industry has declined in terms of number of enterprises   operation adding production capacity of 3.27 million cubic
          but there has been an increase in total production capacity.   metres per year.

            The fibreboard industry shows a trend of a decline in the
          number of enterprises and a continued contraction in total
          production capacity.                                                                                Public Domain Pictures
            The particleboard industry has witnessed a slight decline
          in the number of enterprises and a slowdown in the growth
          of total production capacity in the first half of 2025.
            By the end of June 2025, there were around 5,200 plywood

          product manufacturing enterprises in China distributed across
          26 provinces (municipalities and autonomous regions), a
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