Chinese forestry low carbon (01069) released, reference is made to the company in October 31, 2016 may be related to Shenzhen in the acquisition of housing assets announcement of the container box.

As stated in the announcement, the company entered into a letter of intent with the Shenzhen Chinese container on potential acquisitions. According to the letter of intent, the letter of intent will automatically expire if there is no formal agreement on potential acquisitions within 3 months from the date of the letter of intent.

The Shenzhen case also promises not to negotiate or negotiate with any other third parties in any form for the sale of the target business from the date of the letter of intent to the date of signing the formal agreement.

On the date of the announcement, the parties to the letter are still discussing and discussing potential acquisitions. Therefore, in January 26, 2017 after the closing, the company and Shenzhen signed letters of intent to postpone the box expiration date postponed, accordingly, if the company and the Shenzhen in the box is not on or before April 30, 2017 to enter into a formal agreement of intent will automatically expire.