Gifore(SZ:300022) Zhong Guo Zheng Quan Bao·2025-09-12 20:20Core Viewpoint - The recent election of Tian Gangqiang as the chairman of Jifeng Technology marks a strategic shift towards strengthening the company's core agricultural machinery business while exploring new opportunities in the low-altitude economy through collaboration with United Aircraft [1][3]. Business Development Strategy - Jifeng Technology aims to solidify its business foundation by continuing its "one body, two wings" strategy, focusing on expanding its agricultural machinery segment and enhancing its technological and low-altitude capabilities [1][2][3]. - The company has undergone a change in controlling shareholder to Anhui Lanshi Enterprise Management Consulting Co., which holds 19.65% of voting rights, leading to increased market expectations for Jifeng Technology's future [1][2]. Financial Performance - Jifeng Technology's revenue has remained stable, with reported figures of 2.708 billion yuan in 2022, 2.650 billion yuan in 2023, 2.709 billion yuan in 2024, and 1.462 billion yuan in the first half of 2025. However, net profit has shown volatility, with figures of 8.1164 million yuan, 12.9537 million yuan, -20.7887 million yuan, and 2.9461 million yuan for the same periods [2]. Low-Altitude Business Expansion - The company plans to establish a wholly-owned subsidiary, Jifeng Aviation Technology (Sichuan) Co., with an investment of 50 million yuan to serve as a platform for low-altitude industry investment and operations, leveraging United Aircraft's strengths in the drone sector [3][4]. - Jifeng Aviation aims to explore various applications in low-altitude logistics, emergency services, and other sectors, indicating a significant growth potential in the low-altitude economy [4][5]. Collaboration with United Aircraft - The collaboration with United Aircraft is expected to enhance Jifeng Technology's agricultural machinery business and create synergies in the development of low-altitude services, particularly with the introduction of the Q100 agricultural drone [3][4]. - United Aircraft's revenue exceeded 400 million yuan last year and is projected to reach around 1 billion yuan this year, highlighting the growth potential in the low-altitude sector [4][5].