Congyu Intelligent Agricultural Holdings Limited 從玉智農集團有限公司 （於百慕達註冊成立之有限公司） （股份代號：875） 各位註冊股東： 於本公司網站登載公司通訊之通知 謹此通知 閣下，從玉智農集團有限公司（「本公司」）之下述公司通訊1（「本次公司通訊」）之中、英文版本， 現已登載於本公司網站www.cyia.hk（「本公司網站」）及香港聯合交易所有限公司（「聯交所」）網站 www.hkexnews.hk（「聯交所網站」）以供閱覽： • 二零二五年中期報告 請於本公司網站「投資者關係」一欄或聯交所網站內讀取本次公司通訊。若閣下早前曾要求收取公司通訊的印刷本， 本次公司通訊的印刷本已隨函附上。 為了支援通過電郵進行電子通訊，本公司建議 閣下向本公司香港股份過戶登記分處卓佳證券登記有限公司（「香港 股份過戶登記分處」）（地址為香港夏慤道16號遠東金融中心17樓）發出（不少於7天的）合理書面通知，或發送電 郵至is-ecom@vistra.com向本公司提供 閣下的電郵地址。 閣下可隨時以填妥、簽署及交回附奉之變更申請表格（「變更申請表格」）或發送書面通知至香港股 ...

Congyu Intelligent Agricultural Holdings Limited 從 玉 智 農 集 團 有 限 公 司 (Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) (Stock Code 股份代號 : 875) 2025 Interim Report 中期報告 CONTENTS 目錄 | | | Page 頁次 | | --- | --- | --- | | Corporate Information | 公司資料 | 2 | | Management Discussion and Analysis | 管理層之論述及分析 | 4 | | Condensed Consolidated Statement of Profit or Loss and | 簡明綜合損益及其他全面收益表 | 15 | | Other Comprehensive Income | | | | Condensed Consolidated Statement of Financial Position | 簡明綜合財務狀況表 | 17 | ...

Group 1 - The core point of the article highlights the significant stock price increase of Tongyu Agriculture (00875), which rose nearly 42% in the afternoon and has accumulated over 120% increase in the last four trading days, currently trading at 0.75 HKD with a transaction volume of 21.34 million HKD [1] - The company announced a proposed placement of up to 91.02 million shares, with estimated net proceeds of approximately 25.9 million HKD. The allocation of these proceeds includes about 15 million HKD for loan repayment, around 8 million HKD for developing an agricultural vertical e-commerce platform and low-altitude economy, and approximately 2.9 million HKD for general operating funds [1] - The national government is actively promoting the development of low-altitude economy and smart agriculture, with various regions such as Guangxi, Heilongjiang, and Fujian implementing supportive policies. The integration of low-altitude economy and agriculture has shown significant comprehensive benefits [1] Group 2 - Industry experts indicate that the fusion of low-altitude economy and agriculture not only significantly enhances production efficiency and precision but also reduces production costs. This integration facilitates the transition of traditional agriculture from "experience-based planting" to "digital planting," providing new momentum for modern agricultural development [1]

Group 1 - The core point of the article highlights the significant stock price increase of Yuzhi Agriculture (00875), which rose nearly 42% in the afternoon and has accumulated over 120% increase in the last four trading days [1] - As of the report, the stock price is at 0.75 HKD with a trading volume of 21.34 million HKD [1] - Yuzhi Agriculture announced a plan to place up to 91.02 million shares, with estimated net proceeds of approximately 25.9 million HKD [1] Group 2 - The company intends to use around 15 million HKD of the net proceeds to repay loans, approximately 8 million HKD for developing an agricultural vertical e-commerce platform and low-altitude economy, and about 2.9 million HKD for general operating funds [1] - The national government is actively promoting the development of low-altitude economy and smart agriculture, with various regions such as Guangxi, Heilongjiang, and Fujian implementing supportive policies [1] - The integration of low-altitude economy and agriculture has shown significant comprehensive benefits, enhancing production efficiency and precision while reducing costs [1]

Core Viewpoint - The stock of Congyu Agricultural (00875) has increased by over 5%, reaching a rise of 7.69% to HKD 0.56, with a trading volume of HKD 10.6578 million, following a strategic partnership announcement in the low-altitude economy and digital agriculture sectors [1] Group 1: Company Developments - Congyu Agricultural's wholly-owned subsidiary, South China Navigation Low-altitude Industry Investment (Shenzhen) Co., Ltd., has entered into a strategic cooperation with Atmospheric IoT Technology (Guangzhou) Co., Ltd. and South China Digital Agriculture Technology (Shenzhen) Co., Ltd. [1] - The collaboration focuses on the deep integration of low-altitude economy and digital agriculture, which is expected to further expand Congyu Agricultural's presence in the smart agriculture sector [1] Group 2: Industry Insights - Southwest Securities has released a research report indicating that national strategies are concentrating on the new track of low-altitude economy, with applications in low-altitude logistics and tourism leading the way, while other fields are also actively exploring opportunities [1] - The low-altitude economy industry chain is showing a clear trend towards large-scale development [1] - Guotai Junan believes that policies related to the low-altitude economy are gradually being refined, leading to an increasingly mature industry [1] - As the industry continues to grow, companies that position themselves within the relevant industry chain are expected to benefit first, highlighting their investment value [1]

Group 1 - The core viewpoint of the article highlights the significant rise in the stock price of Tongyu Agriculture (00875), which increased by over 5% and reached a peak of 7.69%, trading at 0.56 HKD with a transaction volume of 10.6578 million HKD [1] - Tongyu Agriculture's wholly-owned subsidiary, South China Navigation Low-altitude Industry Investment (Shenzhen) Co., Ltd., has entered into a strategic partnership with Atmospheric IoT Technology (Guangzhou) Co., Ltd. and South China Digital Agriculture Technology (Shenzhen) Co., Ltd. This collaboration focuses on the deep integration of low-altitude economy and digital agriculture, potentially expanding Tongyu Agriculture's presence in the smart agriculture sector [1] - Southwest Securities has released a research report indicating that national strategies are focusing on the new track of low-altitude economy, with applications in low-altitude logistics and tourism leading the way, while other fields are also actively exploring opportunities [1] Group 2 - The low-altitude economy industry chain is showing a clear trend towards large-scale development, with related policies gradually being refined, leading to an increasingly mature industry [1] - Guotai Junan believes that as the industry continues to expand, companies that position themselves within the relevant industry chain will be the first to benefit, highlighting the investment value in this sector [1]

Core Viewpoint - The stock of Tongyu Agriculture (00875) surged over 40%, reaching a price of 0.49 HKD, with a trading volume of 12.472 million HKD, following the announcement of a share placement at a discount of 13.4% [1] Group 1 - The company announced a proposed placement of up to 91.0217 million shares, which represents approximately 16.7% of the total issued shares after the placement [1] - If all placement shares are successfully allocated, the estimated net proceeds from the placement will be approximately 25.9 million HKD [1] - The company plans to use around 15 million HKD of the net proceeds to repay loans, approximately 8 million HKD for developing an agricultural vertical e-commerce platform and low-altitude economy, and about 2.9 million HKD for general working capital [1]

Core Viewpoint - The strategic cooperation between the wholly-owned subsidiary of Tongyu Agricultural (00875) and two technology companies aims to integrate low-altitude economy with digital agriculture, potentially expanding the company's presence in the smart agriculture sector [1][2] Group 1: Strategic Cooperation - On September 17, Tongyu Agricultural's subsidiary reached a strategic partnership with two companies focusing on low-altitude economy and digital agriculture [1] - This collaboration is expected to enhance the company's layout in the smart agriculture sector [1] Group 2: Market Reaction - Following the announcement of the strategic cooperation, Tongyu Agricultural's stock price surged, with an intraday increase of over 50% on September 17 [1] Group 3: Recent Capital Operations - On September 12, Tongyu Agricultural announced a placement of approximately 91.02 million shares at HKD 0.29 per share, representing a discount of about 13.4% from the closing price [1] - The net proceeds of approximately HKD 25.9 million will be allocated as follows: about 30.9% for developing an agricultural vertical e-commerce platform and low-altitude economy, nearly 57.9% for loan repayment, and the remainder for general working capital [1] Group 4: Industry Context - The national push for low-altitude economy and smart agriculture is supported by policies in various regions, including Guangxi, Heilongjiang, and Fujian [1] - The integration of low-altitude economy with agriculture is shown to significantly enhance production efficiency and precision while reducing costs [1] - Experts indicate that this integration facilitates the transformation of traditional agriculture from "experience-based planting" to "digital planting," providing new momentum for modern agricultural development [1]

Core Viewpoint - The stock of Yuzhi Agriculture (00875) surged over 40%, reaching a price of 0.49 HKD with a trading volume of 12.472 million HKD following the announcement of a share placement [1] Group 1: Share Placement Announcement - Yuzhi Agriculture announced a proposed placement of up to 91.0217 million shares at a discount of 13.4% [1] - The placement shares represent approximately 16.7% of the total issued shares after the placement [1] - If all placement shares are successfully placed, the estimated net proceeds from the placement will be around 25.9 million HKD [1] Group 2: Use of Proceeds - The company plans to use approximately 15 million HKD of the net proceeds to repay loans [1] - About 8 million HKD will be allocated for the development of an agricultural vertical e-commerce platform and agricultural low-altitude economy [1] - Approximately 2.9 million HKD will be used for general operating funds of the group [1]

Group 1 - The core viewpoint of the news is the strategic collaboration between Yuzhi Agriculture and two companies focusing on the integration of low-altitude economy and digital agriculture, which is expected to expand Yuzhi Agriculture's presence in the smart agriculture sector [1][3] - On September 12, Yuzhi Agriculture announced a placement of approximately 91.02 million shares at HKD 0.29 per share, representing a discount of about 13.4% from the closing price, raising a net amount of approximately HKD 25.9 million [3] - The company indicated that approximately 30.9% of the funds raised will be used for developing an agricultural vertical e-commerce platform and low-altitude economy, while about 57.9% will be used to repay loans, with the remainder allocated for general working capital [3] Group 2 - The national government is actively promoting the development of low-altitude economy and smart agriculture, with various regions such as Guangxi, Heilongjiang, and Fujian implementing supportive policies [3] - The integration of low-altitude economy and agriculture has shown significant comprehensive benefits, enhancing production efficiency and precision while reducing costs, and facilitating the transition from traditional to digital agriculture through data collection and analysis [3] - Yuzhi Agriculture's recent capital operations and strategic shifts indicate a proactive adjustment of its business direction and an emphasis on emerging sectors, with the low-altitude economy being a promising area for new business growth [3]