China Wood Optimization Limited Announces Change of Principal Place of Business in Hong Kong

China Wood Optimization Holding Ltd is a China-based company mainly engaged in the sale of wood products and the provision of wood processing services. The Company operates primarily through two segments. The Sales of Processed Wood Panels segment produces and sells wood panels which have gone through the Group's self-developed wood processing procedure, and also the shaving and sanding in accordance with the specifications of the customers. The Rendering of Wood Processing Procedure Service segment processes the raw wood panels of the customers in accordance with the customers' requirement.