Core Viewpoint - Fubon Technology is aligning with national rural revitalization strategies and digital economy development plans by focusing on digital agriculture support services, aiming to provide comprehensive digital agricultural solutions for new agricultural operators [1] Group 1: Company Initiatives - The company is committed to modernizing agriculture by leveraging advanced technologies and products in the digital agriculture sector [1] - Fubon Technology has established the "Tomato Community" as a demonstration park to showcase its digital agricultural technologies [1] Group 2: Industry Context - The company is seizing opportunities presented by the development of new productive forces in agriculture, contributing to the overall modernization of the agricultural sector [1]

Economic Growth - Shaanxi Xixian New Area's GDP is projected to exceed 103 billion yuan in 2024, marking a 68.4% increase from the end of the 13th Five-Year Plan, with per capita GDP rising from 47,100 yuan to 75,400 yuan [3][4] - The resident population has increased to 1.3666 million, reflecting a synchronization of economic development and improved living standards [4] - The area aims to achieve "three 100 billion" goals in 2025, targeting GDP, industrial output, and fixed asset investment to each surpass 100 billion yuan [3] Innovation and Technology - Technological innovation is identified as the core engine for high-quality regional economic development, with significant reforms in talent evaluation and investment models to enhance technology transfer [7][10] - By the end of 2024, the number of high-tech enterprises in the area is expected to reach 4,100, a 17-fold increase from the end of the 13th Five-Year Plan [10] - The introduction of 114,000 talents has been pivotal in supporting technological innovation [9] Industry Development - The Xixian New Area is focusing on the "4+1" leading industry strategy, with significant growth in hydrogen energy, photovoltaic, low-altitude economy, and agricultural technology sectors [4][12] - The hydrogen energy sector has attracted 87 enterprises, accounting for over half of the province's total, establishing a complete industrial chain [13] - The photovoltaic industry has become a "100 billion-level pillar," with output reaching 19.73 billion yuan in the first half of the year, a 65% year-on-year increase [14]

Core Viewpoint - Hubei Fubon Technology Co., Ltd. held a half-year performance briefing on August 26, 2025, discussing business development and strategic layout with investors through an online platform [1][2]. Group 1: Business Development - The agrochemical additive business is performing well, with a focus on "precision, greenness, efficiency, and nutrition" in product strategy, leading to a revenue of 496.41 million yuan in the first half of 2025, a year-on-year increase of 5.62% [3]. - The company has established a digital agriculture industrial park in Sanhe Town, Echeng City, leveraging land transfer and smart agricultural technology [3]. - The modern agriculture business achieved a revenue of 122.37 million yuan in the first half of 2025, reflecting a year-on-year growth of 13.31% [3]. Group 2: Financial Performance - In the first half of 2025, the company reported total revenue of 684.60 million yuan, a year-on-year increase of 6.50%, with domestic revenue of 365.06 million yuan (up 5.10%) and overseas revenue of 319.54 million yuan (up 8.16%) [3]. - The net profit attributable to shareholders was 61.22 million yuan, with net assets increasing by 9.53% to 1.47 billion yuan [3]. Group 3: Strategic Initiatives - The company is focusing on technological innovation in the fields of biological and digital agriculture, with a dual strategy of "biotechnology + digital technology" to drive agricultural modernization [3]. - The company has developed a "soil digital map" and related digital solutions through its subsidiary, Wuhan Soutu Data Technology Co., Ltd., which is in the demonstration application stage domestically [3]. - The company has established a cooperative in the Netherlands to enhance its core competitiveness by utilizing European market resources [3].

Group 1: Business Performance - The company achieved a revenue of 68,459.76 million yuan in the first half of 2025, representing a year-on-year increase of 6.50% [8] - Domestic revenue reached 36,505.79 million yuan, up 5.10%, accounting for 53.32% of total revenue; while overseas revenue was 31,953.97 million yuan, increasing by 8.16%, making up 46.68% of total revenue [8] - The modern agriculture business generated 12,236.98 million yuan in revenue, with a year-on-year growth of 13.31% [6][10] Group 2: Agricultural Business Strategy - The company focuses on the transformation and upgrading of agricultural additives, emphasizing precision, greenness, efficiency, and nutrition [2] - It has been recognized as the "global leader in fertilizer additive sales" by an international consulting firm, with a revenue of 49,641.49 million yuan, reflecting a growth of 5.62% [2] - The company is developing a digital agriculture industry park in Echeng City, integrating economic crop planting, agricultural technology display, and education [3] Group 3: Technological Innovation - The company is committed to technology innovation, focusing on biodegradable and environmentally friendly materials, and has launched products like nitrogen-fixing for gramineous crops and nematode control [3][4] - It has established a comprehensive R&D system for biological agriculture, covering microbial agents, bio-fertilizers, and biopesticides [4] - The company is leveraging "digital + biological" technology to drive modern agricultural transformation [4] Group 4: Market Expansion and Risk Management - The company is optimizing its sales network to expand into emerging international markets, particularly Southeast Asia [6] - It employs a dual currency settlement strategy to mitigate foreign exchange risks, ensuring stable overseas business development [8] - The company has established a cooperative in the Netherlands to enhance international market engagement and technology acquisition [7] Group 5: Financial Management and Future Outlook - The decline in net profit is attributed to increased investments in core technologies and product innovation, as well as extended product turnover periods due to overseas market expansion [10] - The company aims to balance scale and efficiency, enhancing resource allocation and operational efficiency to improve profitability [11] - Future strategies include continuous optimization of financial management and risk assessment related to goodwill [11]

Group 1 - The core business of the company’s subsidiary, Longping Kaihong, focuses on the digital agriculture sector [1] - The company aims to enhance production efficiency, reduce operational costs, and optimize resource allocation through technology [1] - The goal is to create value for participants and promote a sustainable business loop in digital agriculture services [1]

Core Viewpoint - Shenzhen has emerged as a leader in modern agriculture, with 20 companies listed in the "2024 China Agricultural Enterprises Top 500," showcasing its strength in agricultural innovation and technology-driven platforms [1][2]. Group 1: Agricultural Enterprises in Shenzhen - Shenzhen ranks first among major cities in China with 20 companies on the "2024 China Agricultural Enterprises Top 500" list, with a total of 226 agricultural leading enterprises in the city [1]. - The city hosts 14 national-level and 133 provincial-level agricultural leading enterprises, indicating a robust agricultural sector [1]. - Notable companies include Deep Agriculture Group, which operates 35 offline agricultural wholesale markets with an annual transaction volume of 2.5 trillion yuan and 36 million tons [1]. Group 2: Technological Innovation in Agriculture - Shenzhen is recognized for its technological innovation, which is crucial for enhancing agricultural productivity and transitioning from a large agricultural nation to a strong agricultural nation [2]. - The city has established national agricultural technology parks and various innovation platforms, including 9 academic workstations and a national gene bank [2]. - Companies like Tencent and DJI are advancing digital agriculture, with DJI operating over 300,000 agricultural drones globally [2]. Group 3: Comparison with Developed Countries - Developed countries typically utilize a "farm-to-table" model that integrates various agricultural processes, ensuring global competitiveness through high R&D investment in biotechnology and sustainable practices [3]. - These countries maintain control over critical agricultural production and logistics, highlighting the need for similar strategies in China [3]. Group 4: Challenges and Opportunities in China's Agriculture - China's agricultural modernization is still lagging, with issues such as "data silos" hindering the flow of information between production and demand [4]. - There is a need for increased investment in agricultural technology and the integration of e-commerce platforms to enhance supply chain efficiency [4]. - Shenzhen's strengths in information technology and innovation can address these challenges, creating opportunities for increased agricultural efficiency and modernization [4].

Group 1 - The core viewpoint emphasizes the need for comprehensive rural revitalization as a key task for modernizing agriculture and rural areas in China, requiring calibration of focus points and activation of policies, markets, factors, and entities [1] - There is a significant gap in agricultural modernization compared to new industrialization, information technology, and urbanization, necessitating a focus on improving agricultural production capacity and resource utilization [1] - Ensuring food security is highlighted as a priority, with strategies to enhance grain production capabilities and maintain the 1.8 billion acres of arable land [1] Group 2 - The need for a diversified investment environment to support rural revitalization is stressed, requiring the implementation of policies that encourage financial, social, and fiscal investments [2] - Enhancing agricultural technology and equipment is crucial for improving competitiveness, with a focus on innovation in seed industry, agricultural machinery, and digital agriculture [2] - The importance of prioritizing rural development and optimizing resource allocation is noted, with an emphasis on integrating urban and rural development and promoting the free flow of resources [3]

Group 1 - The core viewpoint emphasizes the necessity of advancing rural revitalization as a key task for achieving agricultural modernization in China, highlighting the need to calibrate focus points and activate policies, markets, and resources [1] - The article stresses the importance of enhancing agricultural modernization levels and increasing comprehensive production capacity, with a focus on improving land output rates, resource utilization, and labor productivity [1] - It underscores the significance of ensuring food security by enhancing grain production capabilities and adhering to the strategy of "storing grain in the land and technology," while maintaining the red line of 1.8 billion acres of arable land [1] Group 2 - The article discusses the need to optimize the multi-source investment environment for rural revitalization, emphasizing the importance of a friendly investment environment to mobilize various stakeholders [2] - It highlights the necessity of enhancing agricultural technology and equipment support to improve agricultural competitiveness, prioritizing innovation in seed industry, agricultural machinery, and digital agriculture [2] - The article calls for the implementation of a priority development approach for agriculture and rural areas, advocating for the integration of human, material, and financial resources to promote comprehensive rural revitalization [3]

Group 1 - The advanced agricultural technology showcased at the Jinan Zhongke Beidou Digital Agriculture Demonstration Base integrates satellite, drone, and ground monitoring systems to enhance the entire grain production management process [1] - The "Sky-Ground Network" technology has been widely promoted in Jinan, leading to a 9% increase in grain production, a 10% increase in revenue, and a 5% reduction in grain loss due to various factors [1] - The application of high-tech solutions in agriculture has improved precision and efficiency in grain production management, ultimately benefiting farmers [2] Group 2 - The Wanglao Village exemplifies the integration of agricultural production with rural tourism, showcasing a model for comprehensive rural revitalization [2] - The village has developed various business models, including specialty homestays and cultural workshops, while maintaining a beautiful ecological environment [2] - The initiatives in Wanglao Village serve as a valuable reference for rural development in other regions, particularly in developing countries [2]

Core Insights - The event "High-Quality Development Observation Tour" in Zhejiang showcased the province's advancements in various sectors, including private economy, ecological protection, digital agriculture, and cultural innovation, through the lens of international youth broadcasters [1][12]. Group 1: Private Economy and Ecological Integration - In Wenzhou, the participation of private capital in high-speed rail projects was highlighted, demonstrating its positive impact on local employment [2]. - The innovative "artificial wetland + micro-hydropower" model in Sanjiang Wetland Park exemplified the synergy between ecological conservation and agricultural irrigation [2]. Group 2: Cultural and Tourism Integration - The Hangzhou-Wenzhou high-speed rail was recognized as a new engine for regional connectivity and cultural tourism, with onboard performances enhancing the travel experience [3]. - The immersive experience at the "Clearing the River" night tour in Hengdian Film City captivated international broadcasters, showcasing the rich cultural heritage of the Song Dynasty [3]. Group 3: Manufacturing and Ecological Transformation - The "Hardware Capital" in Yongkang demonstrated strong industrial capabilities with automated production lines and smart equipment, reflecting the robust strength of Zhejiang's manufacturing sector [5]. - The implementation of the "Two Mountains" concept in scenic areas illustrated how ecological protection can be transformed into rural tourism branding [8]. Group 4: Digital Agriculture and Urban Revitalization - The "Panda Pig" farm in Jinhua utilized innovative digital agriculture techniques, impressing broadcasters with its modern approach to farming [9]. - The revitalization of ancient towns like Wuzhou Ancient City highlighted the integration of cultural heritage and creative industries, enhancing tourism through unique local characteristics [10]. Group 5: Silk Industry Innovation - The Wan Shili Innovation Center in Hangzhou combined traditional silk craftsmanship with AI technology, showcasing the commitment to preserving cultural heritage while embracing modern market demands [12].