CSRC approved the registration of TopCloud Farmers' IPO on the ChiNext Board.

On July 19, the China Securities Regulatory Commission issued a reply approving the initial public offering of shares by Zhejiang Top Cloud Agricultural Technology Co., Ltd. It is reported that Top Cloud Agriculture intends to list on the ChiNext board of the Shenzhen Stock Exchange, with Guotai Junan as its sponsor, aiming to raise 285.9 million yuan. The prospectus shows that Top Cloud Agriculture is a national-level specialized and innovative "small giant" enterprise and a national high-tech enterprise that adheres to independent research and development and innovative development. The company integrates new generation information technologies such as the Internet of Things, artificial intelligence, and big data with agriculture, mainly by deploying smart hardware devices, developing agricultural IoT projects, and constructing information software platform projects in a comprehensive service form, providing data collection, analysis decision-making, precise execution, and scientific management services for relevant government departments, enterprises and institutions, and research institutes in the agricultural field, thereby assisting in the innovation development of government supervision service informatization transformation, research digitization innovation, and intelligent application of agricultural industry. After years of hard work, Top Cloud Agriculture has accumulated a group of high-quality customers in the agricultural field and established stable cooperative relationships with local government departments, enterprises and institutions. The company has established a sound sales network and service management system, and has set up more than ten after-sales service points in multiple locations nationwide to respond timely to the service needs of customers and end users, ensuring the timeliness and effectiveness of services.