Gifore Agricultural Science & Technology Service Co.Ltd(300022) establish a new strategic framework of “one body and two wings” and focus on the high-end characteristic manufacturing sector

On February 18, Gifore Agricultural Science & Technology Service Co.Ltd(300022) (300022) convened the board of directors, deliberated and adopted the proposal on the new strategic framework of “one body and two wings”.

Gifore Agricultural Science & Technology Service Co.Ltd(300022) said that in order to better integrate and deeply participate in the historical tide of agricultural and rural modernization and the revitalization of national hometown villages, provide “mechanized, intelligent and information-based” agricultural machinery products and services, combined with macro policies and industry environment, Gifore Agricultural Science & Technology Service Co.Ltd(300022) through objective analysis and in-depth research on itself and external environment, Based on the strategic adjustment of the company’s business sector in 2018, a new strategic framework of “one body and two wings” guiding the company’s future development was formulated.

According to the data, Gifore Agricultural Science & Technology Service Co.Ltd(300022) is one of the first 28 listed enterprises on the gem in October 2009. It is a chain enterprise of agricultural machinery sales service. In 2018, the name of the listed company was changed from “Jifeng agricultural machinery chain Co., Ltd.” to the current name ” Gifore Agricultural Science & Technology Service Co.Ltd(300022) “. The layout of the company’s business segment was adjusted from the original single agricultural machinery circulation business to the coordinated development of three core businesses of the agricultural machinery industry chain, such as agricultural machinery circulation, high-end characteristic agricultural machinery and core parts manufacturing, Rural Revitalization and Jiangsu Nonghua Intelligent Agriculture Technology Co.Ltd(000816) solutions.

Specifically, Gifore Agricultural Science & Technology Service Co.Ltd(300022) in the new strategic framework of “one body and two wings”, one, that is, the high-end characteristic manufacturing sector: the main business positioned in the future.

In view of the contradiction between the rich high-end characteristic manufacturing resources accumulated by China, the world’s largest agricultural machinery and equipment manufacturing country in recent ten years, the serious lack of capitalization of the agricultural machinery and equipment industry chain, and the lag of internationalization and globalization, develop the high-end characteristic agricultural machinery manufacturing business sector through the combination of connotative cultivation and extensional expansion, Build Gifore Agricultural Science & Technology Service Co.Ltd(300022) into an enabling platform for “specialized and special new” agricultural machinery and core parts enterprises to accelerate capitalization and internationalization.

In the next three to five years, based on the basically determined pattern of mechanized equipment manufacturing in the main links of traditional staple food crops, Gifore Agricultural Science & Technology Service Co.Ltd(300022) selectively enter high-quality parts, high-end characteristic agricultural machinery (including agricultural machinery and cash crop machinery, small and medium-sized agricultural machinery in Hilly and mountainous areas, etc.), and integrate the top-notch enterprises of “specialized, special and new” in the upstream of the agricultural machinery industry chain through equity participation or holding, Deeply interact with the circulation network and innovative service system of listed companies to promote the continuous improvement of the overall value of the agricultural machinery and equipment manufacturing industry chain.

At the same time, the left wing represents the agricultural machinery circulation sector: positioned at the cornerstone business. Gifore Agricultural Science & Technology Service Co.Ltd(300022) will continue to optimize and strengthen the company’s existing agricultural machinery circulation business, sink services, densely plant county and township networks, and form a good strengthening and synergy with the leading promotion and rapid marketing of new products in the high-end characteristic manufacturing sector.

The right wing is the innovative service sector of agricultural machinery and agriculture, rural areas and farmers industrial chain: positioned to actively cultivate and incubate business. In view of the industry status of “small scattered and weak shortage” of agricultural machinery and the three rural industrial chain, give full play to the industry influence and leading role of the company, gather people and funds, and actively build the training of highly skilled agricultural machinery talents and high-quality farmers, the supply system of high-quality agricultural machinery parts, the digital upgrading and transformation of industrial chain, and the high-end agricultural service system Various forms of alliances and cooperation platforms such as agricultural machinery and three rural industrial service parks form a win-win ecological mutual integration and complementarity with high-end characteristic manufacturing and agricultural machinery circulation.

Gifore Agricultural Science & Technology Service Co.Ltd(300022) said that the timely establishment of a new strategic framework of “one body and two wings” is in line with the national policy guidelines and the industry development direction, in line with the company’s medium and long-term development requirements, and will have a positive impact on the company’s future development. The new strategy of “one body and two wings” is essentially a vertical integration strategy. It takes serving modern agriculture and promoting the revitalization of rural industry as its own responsibility, realizes the coordination and integration of upstream and downstream resources of agricultural machinery industry chain on the basis of business refocusing, and promotes the double improvement of industrial value and capital value of the industry.

It is worth mentioning that Jilin Kangda Agricultural Machinery Co., Ltd. (hereinafter referred to as Jilin Kangda), as a Gifore Agricultural Science & Technology Service Co.Ltd(300022) high-end characteristic agricultural machinery manufacturing sector, has benefited from the continuous improvement of its own management ability and product technology innovation ability, and the synergy of the company’s circulation service network. The business scale and benefits of Jilin Kangda are becoming more and more stable, Its profit contribution has become the main part of Gifore Agricultural Science & Technology Service Co.Ltd(300022) , “Kangda agricultural machinery” has become a high-quality brand of black land conservation tillage machinery in Northeast China, and Gifore Agricultural Science & Technology Service Co.Ltd(300022) has a strong foundation for high-end characteristic agricultural machinery manufacturing.

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