07,21,2026 4 views
Jifeng Agriculture and Rural Technology Service Co., Ltd. (stock abbreviation: Jifeng Technology, stock code: 300022) announced on March 18th that it will adjust its business structure and optimize the equity structure of some subsidiaries.
The announcement stated that the company will release a new strategic framework of "one body, two wings" in 2022, establishing high-end characteristic manufacturing as the "one body" and agricultural machinery circulation, agricultural machinery and agricultural industry chain innovation services as the "two wings". With the expansion of the company's low altitude business scale and resource accumulation, in order to further strengthen resource integration capabilities and lay a solid foundation for the transformation and upgrading to a new quality in the low altitude economy field, the company has conducted a comprehensive review of its existing business. In the future, the company's main business will focus on four core areas: low altitude business, agricultural machinery circulation, high-end specialty agricultural machinery manufacturing, and comprehensive agricultural services.
At the same time, based on the overall development plan of the company and the actual operating conditions of its subsidiaries, in order to optimize resource allocation and management structure, reduce management costs, and improve operational efficiency, the company plans to adopt methods such as cancellation and equity transfer to divest some subsidiaries and optimize the equity structure of some subsidiaries.
Jifeng Technology stated that this business restructuring is a strategic measure taken by the company to adapt to industry development trends, focus on its main business, and enhance its core competitiveness. Optimizing resource allocation, strengthening advantageous businesses, and divesting inefficient assets can help enhance the company's overall profitability, risk resistance, and sustainable development capabilities. The divestment of some subsidiaries will not have a significant impact on the normal operation of the company and is in the long-term interests of the company and all shareholders.
Disclaimer: This article is compiled and published by Agricultural Machinery Network (www.nongjx. com), with sources including Jifeng Technology and Juchao Information. The purpose of publishing this information on this website is to spread more information and is not related to the position of this website. And we solemnly remind all readers that the stock market carries risks and investors need to be cautious. This article is not intended as a reference or basis for any investment.
