新股消息 | 极飞科技递表港交所 在世界农业机器人行业排名第二

Core Viewpoint - Guangzhou XAG Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with Huatai International as its sole sponsor [1]. Company Overview - XAG Technology is a global leader in agricultural robotics, aiming to enhance agricultural productivity. According to Frost & Sullivan, the company ranks second in the global agricultural robot and agricultural drone markets with market shares of 10.7% and 17.1% respectively for the year 2024 [3]. - The company has developed a range of intelligent agricultural robots that integrate advanced robotics, smart technology, and renewable energy, addressing the significant global agricultural challenge of labor shortages [3]. Product Development - Agricultural drones have become essential in Chinese agriculture within a decade. The company has expanded its product matrix to include agricultural unmanned vehicles, autonomous farming devices, and smart farm IoT products [9]. - The agricultural drones can perform precise spraying, intelligent sowing, and field monitoring, capable of operating in various terrains such as paddy fields, dry fields, orchards, and hilly areas, providing efficient, flexible, and cost-effective solutions [9]. - The agricultural unmanned vehicles complement the drones by meeting diverse farming needs in economic crop planting scenarios, featuring functions like precise pesticide spraying and agricultural material transportation [10]. - The company has developed autonomous driving devices for tractors, transplanters, and harvesters, allowing for automated and precise agricultural operations [11]. Financial Performance - The company reported revenues of approximately RMB 605 million, RMB 614 million, RMB 1.066 billion, and RMB 745 million for the years 2022, 2023, 2024, and the first half of 2025 respectively. The profit and total comprehensive income for the same periods were approximately -RMB 254 million, -RMB 133 million, RMB 70.4 million, and RMB 130 million [11][12].