CFPC Singapore Pte Ltd

CFPC (Singapore) Pte Ltd is a subsidiary company under China National Forest Products Corp. (CFPC, http://cnfpc-en.cfgc.cn). CFPC is wholly owned by China Forestry Group Corporation (CFGC, http://en.cfgc.cn).

CFGC was a comprehensive forestry enterprise, set up by the original nine enterprises directly under the State Forestry Administration in 1996, and started to operate in 2001. The corporation mainly engaged in cultivating fast-growing and high-yield plantation domestically, management and reserve of forest resources internationally, production, processing and import and export of bamboo and wood products, forest products and forest tree seedlings

CFPC was originally an enterprise directly under the control of the State Forestry Bureau, but is now one of the subsidiaries of China Forestry Group Corporation supervised by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). The company's core business is securing overseas forest resources, importing and exporting timber, forest products, paper and paper products, coal, rubber and providing storage and logistics services. CFPC鈥檚 Beijing headquarter owns more than 30 wholly-owned subsidiaries and holding companies, among which there are 9 enterprises abroad. At the end of 2016, CFPC had 37.2 billion in assets with an annual sales revenue of nearly 50 billion.