Dec 22, Lesprom.com - Guangdong Yihua Timber Industry Co., Ltd plans to invest RMB 1.08 billion (approx.$ 143 million) in total to establish wood processing factory and raw material supply base in Suichuan County, Jiangxi Province, China, Lesprom Network informed according to Reuters. The Company will also establish two wholly owned subsidiaries, each of which will have a registered capital of RMB 50 million (approx. $7 million).