CONGYU INTE AGR(00875) signs a strategic agreement with Eight-Arm Intelligence to build the new benchmark of "AI + low-altitude economy" in Jiangsu Nonghua Intelligent Agriculture Technology.

On November 15th, under the witness of Wang Yajun, Deputy Director of the Science and Technology Bureau of Chifeng City, and Zhang Hongfeng, Director of the Science and Technology Bureau of Hongshan District, CONGYU INTE AGR (00875) officially signed a cooperation framework agreement with Inner Mongolia Bazhu Intelligent Technology Co., Ltd. on the strategic upgrade of "AI + low-altitude economy" empowering agricultural technology platform and the valorization of data elements. This cooperation marks a substantial step for both parties in the field of Jiangsu Nonghua Intelligent Agriculture Technology, aiming to reshape traditional agricultural production methods and initiate a new chapter in agricultural modernization through cutting-edge technology. Both parties have strong capabilities and complementary advantages. Party A, CONGYU INTE AGR, is a company listed on the main board of the Hong Kong Stock Exchange, possessing large-scale, standardized agricultural application scenarios and abundant market resources in mainland China, committed to the technological transformation of modern agriculture. Party B, Inner Mongolia Bazhu Intelligent Technology Co., Ltd., is a hard technology enterprise with revolutionary unmanned driving laser weeding technology, possessing complete independent core intellectual property rights in the fields of machine vision, AI big models, and high-precision laser control. According to the agreement, the two parties will strategically empower CONGYU INTE AGR's existing agricultural operating system around the deep integration of "AI-driven" and "low-altitude economy." The core goal is to jointly build a leading domestic Jiangsu Nonghua Intelligent Agriculture Technology platform, reshaping traditional agricultural production methods through technological innovation and valorization of data elements, strengthening ESG practices, and ultimately achieving a synchronous improvement in the company's intrinsic value and capital market valuation. The agreement specifies three core areas of cooperation: 1. Jointly build demonstration parks to set industry benchmarks: The unmanned driving laser weeding technology Siasun Robot & Automation by Bazhu Intelligent will be first applied on a commercial scale in CONGYU INTE AGR's high-standard farmland, vegetable base for supplying Hong Kong, and medicinal herb plantation. The two parties will work together to create an "Agricultural Low-Altitude Economy and AI Technology Demonstration Park," making it a comprehensive display window and SaaS operational benchmark for the industry, capital, and government. 2. Collaborate on technological breakthroughs to build an innovation engine: The two parties will jointly establish the "Jiangsu Nonghua Intelligent Agriculture Technology AI Algorithm Joint Laboratory," focusing on tackling the challenges of perception and decision-making of agricultural vision big models in complex field environments, and actively applying for national and local major science and technology projects. 3. Collaborate on creating data assets for future value: The plant-level growth data, field environment data, high-precision weed map, and other "agricultural data assets" generated in the cooperation will be jointly owned by both parties. These scarce digital assets will be considered as core strategic resources participating in the future data element market, contributing to the digital asset reserves of listed companies. As the technology provider in this cooperation, Inner Mongolia Bazhu Intelligent Technology Co., Ltd. has extraordinary innovation vitality and technical strength. Their core product, the high-performance unmanned driving laser weeding Siasun Robot & Automation, integrates unmanned driving, machine vision, AI big models, and high-energy laser technology, achieving outstanding performance with weeding efficiency 40 times higher than manual labor, a cleanliness rate of over 95%, and a seedling destruction rate of less than 5%, completely discontinuing chemical weeding agents and driving the green agricultural revolution. The company has a deep technological foundation, with a research and development team accounting for as high as 70.6%, and a consulting team composed of Tsinghua Innovative Leading Engineering PhDs and several domain experts. As of August 2025, they have accumulated 33 patent applications with 100% independent research and development of core intellectual property rights. Their development trajectory is also fruitful, having won numerous honors such as the first prize in the China Agricultural Siasun Robot & Automation Innovation Competition, first place in the final round of the global Tsinghua Alumni Three-Creation Competition, and widespread coverage in authoritative media such as People's Daily and CCTV. Their products have been selected for the Ministry of Agriculture and Rural Affairs' "Spark Technology" achievement database, the first set list in Inner Mongolia, and completed the first data set transaction in Inner Mongolia, demonstrating their technological advancement and market recognition. Previously, the Bazhu Intelligent Siasun Robot & Automation has completed tests and applications in multiple scenarios such as Heilongjiang Agriculture Group, Yazhou National Seed Laboratory, and Liaoning Baishuo Cooperative, accumulating rich demonstration cases. The strategic cooperation between CONGYU INTE AGR and Bazhu Intelligent is a deep collision between the capital market and hard technology in the agricultural field. It is not only about the development of the two companies but also responds to national strategies, empowering traditional agricultural transformation and upgrading with the new productivity of "AI + low-altitude economy." The cooperation is expected to provide a replicable and scalable modernized solution for addressing rural labor shortages, ensuring food security, and achieving green and sustainable development in agriculture, injecting strong momentum into the process of agricultural modernization in China and globally.