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极飞科技递表港交所
Jing Ji Guan Cha Wang·2025-09-26 09:45

Core Viewpoint - Guangzhou XAG Technology Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, with Huatai International as the sole sponsor, indicating a significant step towards public offering in the agricultural robotics sector [1] Company Overview - Established in 2007, XAG Technology is a global leader in agricultural robotics, aiming to enhance agricultural productivity through advanced robotics, intelligent technology, and renewable energy [1] - The company develops a range of intelligent agricultural robots, including agricultural drones, unmanned vehicles, autonomous driving instruments, and smart farm IoT products, addressing the critical issue of "unmanned farming" [1] Financial Performance - For the fiscal years ending December 31, 2022, 2023, and 2024, and for the six months ending June 30, 2025, XAG Technology reported revenues of approximately 605 million RMB, 614 million RMB, 1.066 billion RMB, and 745 million RMB respectively [1] - The company's profit and total comprehensive income for the same periods were approximately -254 million RMB, -133 million RMB, 70.407 million RMB, and 130 million RMB, indicating a transition from losses to profitability [1] Investment History - Since its inception, XAG Technology has completed seven rounds of financing, with the most recent round occurring in July 2023, where it received strategic investment from the Kai Investment Industrial Fund [1]