The Chengdu Giant Panda Breeding Base has come up with a dung-for-profit scheme that turns droppings from the endangered species into odor-free souvenirs ranging from bookmarks to Olympic-themed statues of the animals, state media and base officials said Monday.

"We used to spend at least 6,000 yuan ($770) a month to get rid of the droppings but now they can be lucrative," Jing Shimin, assistant to the base director, was quoted as saying by the official Xinhua News Agency.

The products will be made at a local handicraft company mostly from undigested bamboo culled from the panda waste through a special process, Xinhua said...

While no price has been set, he said the most expensive souvenirs will contain a panda hair — collected from the wild — in each package.

The 2008 Olympic statues will feature "athletic pandas performing various Olympic sports," Xinhua said.