Gifore(SZ:300022) Zheng Quan Shi Bao Wang·2025-04-10 06:34Core Viewpoint - Jifeng Technology achieved its best revenue performance in nearly six years, with a total revenue of 2.709 billion yuan in 2024, driven by strong demand in the agricultural machinery sector and supportive national policies [1] Group 1: Business Performance - The company operates two main business segments: agricultural machinery chain sales and high-end specialty agricultural machinery R&D and manufacturing [1] - Jifeng Technology has over 100 direct sales stores across 20 provinces, cities, and autonomous regions in China [1] - The agricultural machinery industry is receiving significant policy support and market demand, driven by the importance of food security and the goal of building an agricultural powerhouse [1] Group 2: Strategic Initiatives - In 2024, Jifeng Technology is focusing on agricultural machinery circulation and innovative services in the agricultural industry, achieving steady growth in its agricultural machinery chain sales segment [2] - The company has built multiple modern agricultural industrial parks across the country, providing comprehensive services from seedling cultivation to processing [2] - Jifeng Technology is expanding its market share through mergers and acquisitions of excellent agricultural machinery dealers in regions like Sichuan, Guizhou, and Chongqing [2] Group 3: Future Outlook and Financing - The company is actively seeking acquisition targets in the smart agricultural machinery sector within its high-end intelligent manufacturing segment [3] - Jifeng Technology is progressing with a private placement plan to raise up to 122 million yuan, with the funds intended to supplement working capital [3]