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 ***6, and started to operate in ***1. 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’s Beijing headquarter owns more than *0
wholly-owned subsidiaries and holding companies, among which there
are 9 enterprises abroad. At the end of ***6, CFPC had *7.2 billion
in assets with an annual sales revenue of nearly *0 billion.