China agriculture and forestry low-carbon (01069) announcement said that in October 31, 2016, the company entered into a letter of intent with the Shenzhen box in Guangdong province.

According to the letter of intent, the company expressed interest in the next 3 years to acquire container container assets in Shenzhen, in order to enhance the company's container rental management services in China's provinces. Potential acquisitions will allow the company to further develop its container housing business.

Notice that the letter of intent to be legally binding, if not in intent from the date of the signing of the formal agreement on the potential acquisition of 3 months, is the letter of intent will automatically lapse; Shenzhen box also promised since the date of March letter of intent not with any other third party in any form or to discuss the consultation the sale of business objectives.