Gifore(SZ:300022) Zhong Guo Zheng Quan Bao·2025-09-12 20:21Core Viewpoint - Jifeng Technology has completed a new board election, with Tian Gangqiang appointed as chairman, aiming to strengthen its core agricultural machinery business while exploring new opportunities in the low-altitude economy [1][2]. Business Development - The controlling shareholder of Jifeng Technology changed to Anhui Lanshi Enterprise Management Consulting Co., Ltd., which holds 19.65% of the voting rights [2]. - The company plans to continue its "one body, two wings" development strategy, focusing on expanding its agricultural machinery sector and enhancing its technological and low-altitude attributes [2]. - Jifeng Technology is recognized as the largest and strongest agricultural machinery circulation chain enterprise in China, actively participating in the modernization of agriculture [2]. Financial Performance - Jifeng Technology's revenue has remained stable, with reported revenues of 2.708 billion yuan, 2.650 billion yuan, 2.709 billion yuan, and 1.462 billion yuan for the years 2022, 2023, 2024, and the first half of 2025, respectively [3]. - The company has experienced fluctuations in net profit, with figures of 8.1164 million yuan, 12.9537 million yuan, -20.7887 million yuan, and 2.9461 million yuan for the same periods [3]. New Business Initiatives - Jifeng Technology plans to establish a wholly-owned subsidiary, Jifeng Aviation Technology (Sichuan) Co., Ltd., with an investment of 50 million yuan to develop its low-altitude industry investment and operation platform [4]. - The new subsidiary aims to leverage the advantages of its partner, United Aircraft, in the low-altitude drone business, while enhancing Jifeng Technology's overall competitiveness [4][5]. Market Opportunities - The low-altitude economy is projected to be a significant growth area, with Jifeng Aviation targeting various applications beyond agriculture, including emergency services, logistics, and public safety [5]. - United Aircraft's revenue exceeded 400 million yuan last year and is expected to reach around 1 billion yuan this year, indicating strong market potential [5].