专精农业无人机赶考港交所，极飞科技提交上市申请

Core Viewpoint - Guangzhou XAG Technology Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, with Huatai International as the exclusive sponsor [1] Company Overview - XAG Technology has a strong focus on smart agriculture and drone technology, particularly in agricultural automation [3] - The company is a significant player in the agricultural drone autopilot market, with its products available in 70 countries and regions, covering 1,007 counties in China [3] Financial Performance - XAG Technology's revenue for the years 2022, 2023, and 2024 is approximately 605 million, 614 million, and 1.066 billion RMB, respectively, with a profit of 70.4 million RMB in 2024 [11] - The company reported a 100% year-on-year growth in overseas market performance in 2024, with overseas revenue accounting for about 30% to 40% of total revenue [7] Market Position - According to Frost & Sullivan, XAG Technology ranks second in the global agricultural robot and agricultural drone sectors with market shares of 10.7% and 17.1%, respectively [11] - The company was recognized as a key small giant enterprise by the Ministry of Industry and Information Technology in 2025 and as a national manufacturing single champion enterprise in 2024 [11] Industry Outlook - The global agricultural drone market is projected to grow from $4.98 billion in 2023 to $23.78 billion by 2032, with a compound annual growth rate of 18.5% from 2024 to 2032 [12] - In China, the annual operational volume of agricultural drones is expected to exceed 2.6 billion acres in 2024, creating a market scale of approximately 13 billion RMB in the flying defense service industry [12]