The
Group’s principal subsidiaries, as of the date of this report, are set out below:
SCHEDULE OF PRINCIPAL SUBSIDIARIES
| Percentage of effective ownership |
| Name | |
Date of
incorporation | |
December 31,
2025 | |
December 31,
2024 | | |
Place of incorporation | |
Principal
activities |
| | |
| |
% | |
% | | |
| |
|
| Swift Top Capital Resources Limited | |
November 20, 2012 | |
100 | |
| 100 | | |
Hong Kong | |
Trading of logs |
| Parquet Nature (France) S.A.R.L. | |
August 21, 2012 | |
100 | |
| 100 | | |
France | |
Trading of logs |
| Choi Chon Investment Company Limited | |
March 12, 2015 | |
100 | |
| 100 | | |
Macau | |
Trading of wood products |
| South American Wood S.A.C. | |
December 16, 2019 | |
100 | |
| 100 | | |
Peru | |
Trading of wood products |
| Nature Carbon Peru S.A.C. | |
May 6, 2025 | |
100 | |
| - | | |
Peru | |
Trading of wood products |
|