Stora Enso announced the sale of 175,000 hectares of forestland in Sweden (accounting for a total area of 12.4%) for 900 million euros, but at the same time signed a 15-year (extendable for another 15 years) timber supply agreement to ensure the supply of raw materials for its Swedish factories. This move is expected to have little direct impact on Chinese timber importers in the short term, but may enhance Stora Enso's stability as a supplier due to the supply agreement.