Abstract: The demarcation of ecological conservation redline is a mission of the new era and a priority action for the implementation of the "Two Mountains" concept. Facilitating the value realization of ecological products is an important measure for the coordinated promotion of the development of socialist ecological civilization with Chinese characteristics in the new era and common prosperity in the "post-poverty-alleviation era". Firstly, based on the interpretation of the connotation of ecological conservation redline, this paper systematically reviews the evolution of the ecological conservation redline policy in the northeast state-owned forest region, and takes Heilongjiang Province as a case to analyze the scope and degree of the restriction effect of the ecological conservation redline policy on forestry industry development. Secondly, the paper expounds the working mechanism of ecological protection redline to realize the value of ecological products for different types of ecological industries. Finally, suggestions are made for ecological product value realization under the policy framework of ecological conservation redline from 3 aspects, i.e., forest resources should be taken as the link between forest carbon sink development and the strategic goal of carbon neutrality, a sci-tech innovation alliance of material-type ecological products should be established to enhance market support capacity, and a forest ecological complex should be built in the northeast state-owned forest region for promoting the value realization of culture-service-type ecological products. The research would provide references for the future facilitation of ecological product value realization in the northeast state-owned forest region, so as to promote forest resources protection and high-quality development of forestry economy.