JD Agriculture has signed a significant collaboration contract worth 206 million RMB with Chengdu Yuanbao Maple to enhance intelligent farming practices through advanced technology solutions.
Information on the Target
On May 20, JD Agriculture, a subsidiary of JD Digital Technology, signed a partnership agreement with Chengdu Yuanbao Maple Agricultural Development Group Co., Ltd. The contract, valued at 206 million RMB, is notable for being the largest in China's intelligent agriculture and animal husbandry sector. This collaboration aims to leverage advanced technologies to enhance agricultural practices and digital management within the industry.
Through this agreement, JD Agriculture will provide a comprehensive technological solution featuring an integrated approach that combines AI, IoT devices, and SaaS systems. These tools are designed to streamline operations, improve efficiency, and optimize resource management for Chengdu Yuanbao Maple.
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Industry Overview in China
China's agricultural industry is undergoing rapid transformation, transitioning towards smart farming practices. With the adoption of digital technologies, stakeholders in the industry are incre
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Transaction Size: $30M