Agricultural Dynamics Weekly: Tiantian Xuenong Completes C+ Round of Financing, Longping Hi-Tech Gets "Like" from Leaders

The article is transferred from the 35 bucket WeChat public account Author: Hou Feifei

April is a crucial month for agriculture. Winter wheat in the north has entered the jointing and booting stage, rice in the south has begun to be transplanted, and spring plowing and spring planting are in full swing in various places. At the same time, the state's various agricultural policies have gradually taken root in this season, providing a solid guarantee for the hard work of farmers.

In terms of policy, the Ministry of Agriculture and Rural Affairs held a national on-site meeting on the prevention and control of major pests and diseases at the wheat ear stage in Jiangsu, and Premier Li Qiang of the State Council recently signed a decree of the State Council to promulgate the "Regulations on Ecological Protection and Compensation". The Standing Committee of the National People's Congress officially launched an inspection of the enforcement of the Agricultural Law.

In terms of capital, Tiantian Xuenong completed the C+ round of financing, and Chabaidao announced the launch of a public offering on the Hong Kong Stock Exchange, and plans to be listed on the main board of the Hong Kong Stock Exchange on April 23.

In terms of industry, the release of agricultural scientific and technological achievements and the matchmaking of supply and demand in Yanqing District, Beijing were held in Yanqing Park, Zhongguancun, and the 2024 Conference on New Rape Varieties in the Lower Reaches of the Yangtze River (Zhejiang) was held in Hangzhou.

In terms of agricultural enterprises, Longping Hi-Tech has been helping Antigua and Barbuda to build capacity in the field of agriculture, and has made positive contributions to the development of local agriculture, which has been "praised" by overseas leaders.

Policy trends

Ministry of Agriculture and Rural Affairs: The National Wheat Spike Stage Major Pest Prevention and Control Site Meeting was held in Jiangsu

At present, the main winter wheat producing areas have successively entered the growth stage of heading and flowering, which is not only an important growth period for yield formation, but also a critical period for the prevention and control of major pests and diseases such as wheat scab. On April 16, the Department of Planting Industry Management of the Ministry of Agriculture and Rural Affairs, together with the National Agricultural Technology Extension Service Center, held a national on-site meeting on the prevention and control of major diseases and pests at the wheat ear stage in Nanjing, Jiangsu Province, to observe the prevention and control of wheat scab, exchange the occurrence and prevention and control of wheat diseases and pests, and remobilize and redeploy the prevention and control of major diseases and pests at the wheat ear stage and the "one spray and three preventions" of wheat.

Ministry of Agriculture and Rural Affairs: Strengthen the mining and application of the results of the census of invasive alien species

A few days ago, the Ministry of Agriculture and Rural Affairs held an on-site eradication activity for the prevention and control of agricultural invasive alien species in Haikou, Hainan, summarized the work experience and practices of prevention and control, organized training and exchanges on prevention and control technology, and carried out a demonstration of comprehensive management technology of Mikania, a major invasive species. The prevention and control of invasive alien species is a long-term and systematic work, which needs to be continuously promoted over a long period of time. The meeting believed that it is necessary to implement the relevant provisions of the Biosecurity Law and the Measures for the Management of Invasive Alien Species, and in accordance with the "Work Plan for Further Strengthening the Prevention and Control of Invasive Alien Species", adhere to the combination of curbing the increase and clearing the inventory, strengthen source prevention, comprehensive management, joint prevention and control, and mass prevention and treatment, and continuously improve the level of prevention and control of invasive alien species.

Ministry of Agriculture and Rural Affairs: The 2024 Food Expo and Pre-Expo and Global Agricultural and Food Trade High-end Dialogue will be held in Guangdong

On April 12, the 8th China International Food and Ingredients Expo and the 2nd China International Prefabricated Food Industry Expo were held in Dongguan City, Guangdong Province, and the Global Agricultural and Food Trade High-end Dialogue was held at the same time. Ma Youxiang, Vice Minister of Agriculture and Rural Affairs, attended the relevant activities. More than 1,500 enterprises from more than 20 countries and regions around the world and 31 provinces (autonomous regions and municipalities) participated in the exhibition, and more than 5,000 professional buyers attended the meeting.

The Standing Committee of the National People's Congress (NPC) initiated an inspection of the enforcement of the Agricultural Law

In order to promote the full and effective implementation of the Agricultural Law, accelerate the construction of an agricultural power, and accelerate the modernization of agriculture and rural areas, the Standing Committee of the National People's Congress officially launched the inspection of the enforcement of the Agricultural Law on April 15. It has been learned that the current law enforcement inspection will focus on eight aspects: strengthening the protection and construction of cultivated land to ensure national food security and the stable and safe supply of important agricultural products; improving the agricultural production and management system and promoting the organic connection between small farmers and the development of modern agriculture; promoting the revitalization of the seed industry and strengthening the support of agricultural science and technology equipment; protecting agricultural resources and environment and promoting the green and low-carbon development of agriculture and rural areas; increasing agricultural input and improving the agricultural support and protection system; protecting farmers' rights and interests and promoting the steady increase of farmers' income; major problems existing in the implementation of the law, and further implementing the opinions and suggestions of the agricultural lawOpinions and suggestions on revising and improving the Agricultural Law, as well as opinions and suggestions on strengthening the construction of the rule of law related to agriculture.

Capital dynamics

Greeneye Technology, an Israeli agricultural technology company, raised $20 million

Israeli-based company Greeneye Technology has raised $20 million to expand its operations in the United States, bringing its total funding to $45 million to date. Israeli investment firm Deep Insight led the round with participation from existing investors Eyal Waldman, founder of Syngenta Group Ventures, JVP, Orbia Ventures and Mellanox (now part of Nvidia). Greeneye will use the funds to expand its presence in the U.S. and introduce new features and capabilities to its systems.

Jago Coffee raises $6 million in Series A funding

Jago Coffee is a mobile café operator that aims to provide customers with freshly brewed coffee and other beverages anytime, anywhere by using all-electric coffee carts. Jago has recently announced that it has raised another $6 million Series A funding round. The round was co-led by Intudo Ventures and BEENEXT Accelerate (the same as the Pre-A round), with participation from ORZON Ventures and D Global Ventures.

Tiantian Xuenong completed the C+ round of financing

Recently, Tiantian Xuenong completed the C+ round of financing, and the investor is the Asian Impact Investment Fund. The financing amount will be mainly used for new business development and product research and development. Tiantian Learning Agriculture is a leading vocational education platform for rural revitalization in China. A total of more than 2,000 cooperative experts have been launched, more than 50,000 high-quality courses have been launched, attracting more than 6 million users, covering APP, micro stations, small programs, new media, official websites and other channels, providing valuable agricultural skills training services for 600 million agriculture-related people.

Kalman received hundreds of millions of yuan in Series C financing, focusing on the research and development of new energy all-electric unmanned autonomous driving tractors

On April 15, it was reported that recently, Kalman, a leading domestic autonomous driving intelligent equipment company, completed hundreds of millions of yuan in Series C financing, led by Bailian Zhigao Capital, followed by Innovation Works, Shenzhen Investment Control Shenzhen-Hong Kong Science and Technology Innovation Fund, SME Specialized and Special New Fund, etc., This is another round of 100 million yuan financing harvested by the company after the 2022 National Industry Guidance Fund China Agricultural Reclamation Industry Development Fund invested in Kalman, and the financing funds will be mainly used for capacity construction and technology research and development.

Chabaidao plans to be listed on the main board of the Hong Kong Stock Exchange on April 23

On April 15, Chabaidao announced the launch of a public offering on the Hong Kong Stock Exchange, planning to issue about 148 million shares globally at an issue price of HK$17.5 per share, and plans to be listed on the main board of the Hong Kong Stock Exchange on April 23. Based on the issue price, the net amount of funds to be raised in this IPO of Chabaidao is about HK $2.456 billion. Tea Baidao announced that about 51.0% of the net proceeds from this round of IPO will be used to improve overall operational capabilities and strengthen the supply chain, about 20.0% will be used to develop digital capabilities, hire and train professionals, and the rest of the funds will be used for brand building and promotion, product development and innovation.

Industry news

Water conservancy investment in the first quarter got off to a good start with an investment of 2.59 billion yuan

Since the beginning of this year, Wenzhou has promoted the construction of water conservancy infrastructure at full speed, driving the city's water conservancy construction to complete an investment of 2.59 billion yuan, a year-on-year increase of 13.2%, achieving a "good start" in the first quarter. It is reported that in the first quarter, the city's major water conservancy projects completed an investment of 2.016 billion yuan, a year-on-year increase of 46.3%, of which the provincial investment was 1.82 billion yuan, ranking second in the province, and 3 new projects were started, ranking first in the province. There were 33 additional treasury bond projects for water conservancy, with a start-up rate of 100%.

Shigatse, Tibet: Smart agriculture empowers the upgrading of the barley industry

Since the beginning of this year, Gyantse County, Shigatse City, Tibet Autonomous Region, has actively built a big data platform for the highland barley industry, with the help of Internet big data analysis technology integration, in-depth mining of agricultural production data, providing an accurate reference for agricultural decision-making, and effectively promoting the quality and efficiency of the highland barley industry. Suo Pian, deputy director of the Jiangzi County Agriculture and Rural Bureau, said: "Next, we will further strengthen the promotion and application of the big data platform for the highland barley industry, and improve the training and organization management of professional and technical personnel. The county's 3,762 acres of highland barley seed fields will be managed online with one map. So as to better promote the development of the highland barley industry. ”

The conference of new rapeseed varieties helped the province to expand rapeseed area and increase production efficiency

On April 17, the 2024 New Rapeseed Variety Conference in the Lower Reaches of the Yangtze River (Zhejiang) was held in Hangzhou. With the theme of "Planting and Casting Yellow Flower Cores and Cultivating the Road of Fragrance and Fragrance", the conference helped the high-quality development of the province's oil crop industry by organizing the observation of new rapeseed varieties and exchanging new achievements. Wu Xinmin, chief agronomist of the Provincial Department of Agriculture and Rural Affairs, introduced that in 2022, Zhejiang Province will launch and implement the provincial rapeseed breeding and promotion seed industry innovation platform, and in 2024, it will launch the core research of rapeseed, highlighting the characteristics of late sowing resistance and short growth period, integrating high yield, high oil, multi-resistance, and double low indicators, accelerating the cultivation of breakthrough varieties, and forming a series of varieties such as "Zhejiang Oil", "Zhejiang University" and "Yueyou", which have effectively promoted the expansion of rapeseed production and efficiency.

A variety of new products were brilliantly unveiled at the 4th TOPS Expo

With the increasing number of pet families, it is more and more important for pet owners to build a two-way friendly society for pet owners, and whether people and pets can coexist harmoniously has gradually become one of the standards to measure the degree of civilization of a society. On April 11, the TOPS Expo, known as the vane of the pet industry, was held, bringing together 800+ exhibitors and nearly 100,000 professional visitors. The exhibition exhibits include pet food, pet supplies, pet health care, pets, pets and aquarium products, pet peripherals, etc., the exhibition brought together more than 800 brands, exhibited more than 4,000 products, and attracted more than 180,000 visitors during the three-and-a-half-day exhibition.

Yanqing, Beijing: The release of agricultural scientific and technological achievements and the matchmaking meeting of supply and demand were held

On April 18, the release of agricultural scientific and technological achievements and the supply and demand docking meeting of Yanqing District, Beijing were held in Yanqing Park, Zhongguancun. The theme of the event was "Rejuvenating Agriculture with Science and Technology and Green Development". At the scene, the "Compilation of Scientific and Technological Achievements of Beijing Association for Science and Technology (Yanqing) Science and Technology Helping Rural Revitalization Workstation" was officially released, a total of 56 supply and demand docking intentions were signed, and letters of appointment were issued to the experts who newly joined the Yanqing District Science and Technology Assistance Rural Revitalization Workstation. In recent years, Yanqing District of Beijing has attached great importance to the development of agricultural industry, insisted on agricultural science and technology innovation as the only way to promote the high-quality development of agriculture, and continuously improved the level of agricultural science and technology, strengthened the application and promotion of science and technology, and continuously made breakthroughs in scientific and technological innovation achievements, so as to empower rural revitalization.

Enterprise dynamics

Fuling mustard has entered the prefabricated dishes, and has developed products such as instant soup of mustard

It is understood that Fuling mustard said at the 2023 annual performance briefing that the company plans to focus on mustard and develop in the direction of "mustard +", mustard kinship categories, Sichuan-style compound seasoning and Sichuan-Chongqing prefabricated dishes. Zhao Ping, director and general manager of Fuling mustard, said that at present, the direction of Sichuan and Chongqing prefabricated dishes is in the stage of R&D, commissioning and market research, and new products such as instant soup of mustard have been developed. In addition, Fuling mustard said that in terms of categories, mustard products will expand online emerging channels, carry out precise urban layout, implement classified management of the market, and promote new categories such as meals and mustard sauce.

Liu Qiangdong's first live broadcast of AI digital human has a cumulative turnover of more than 50 million yuan

Recently, JD.com announced that the cumulative turnover of Liu Qiangdong's first live broadcast of AI digital human exceeded 50 million yuan, and the number of views exceeded 20 million. It is understood that Liu Qiangdong, founder and chairman of the board of directors of JD.com, appeared in the live broadcast room of JD Home Appliances and Jingdong Supermarket at 6:18 pm on April 16 in the form of "Procurement and Sales of Dongge AI Digital Human". Jingdong Supermarket's "10 billion agricultural subsidy" goods, the turnover of the first half hour of the broadcast increased by 5.7 times compared with last Sunday. In addition, "Procurement and Marketing of Dongge AI Digital Human" also officially announced the "10 billion agricultural subsidy" project launched by Jingdong Supermarket during the live broadcast debut, and plans to invest 10 billion yuan to subsidize agricultural products in the next three years, so that consumers can enjoy the lowest price of high-quality agricultural products on the whole network.

Helping the development of global agriculture Longping Hi-Tech was praised by foreign dignitaries

Recently, the international aid work of Longping Hi-Tech, a subsidiary of CITIC Agriculture, has been "praised" by leaders of overseas countries. Antigua and Barbuda Prime Minister Gordon Brown said in an exclusive interview with CCTV News' "High-end Interview" column that Longping Hi-Tech has been helping Antigua and Barbuda to build capacity in the field of agriculture, has made positive contributions to local agricultural development, and is striving to achieve a certain degree of food security. Longping Hi-Tech has carried out two phases of agricultural technical assistance projects to aid Antigua and Barbuda, and continues to screen and cultivate excellent crop varieties such as fruits and vegetables, so as to contribute to the increase of agricultural income and improve the local dietary structure of Antigua and Barbuda.

One acre of land: "artificial intelligence +" to create new agricultural productivity

On April 16, the Digital Silk Road Development Forum of the World Internet Conference was held in Xi'an, where experts, scholars, entrepreneurs and international organizations from all over the world exchanged views on the topic of "Digital Village and Sustainable Development". Deng Jinhong, chairman of Beijing Yimutian Group, said, "The door to agricultural AI has officially opened. We will use 'artificial intelligence+' to create new quality productivity in agriculture." Combined with the past 13 years of Yimutian Group, from informatization to intelligence, and then to the current AI development process driven by artificial intelligence technology, taking root in the front line of rural industry with digitalization, and serving the sustainable development of the industry with digital technology, Deng Jinhong shared with everyone, and bursts of applause broke out from time to time.

Bright Dairy applied for a patent for a zero-GI milk preparation method to achieve carbohydrate-free

On April 16, according to the announcement of the State Intellectual Property Office, Bright Dairy Co., Ltd. applied for a project called "a preparation method and application of zero GI level milk", with a publication number of CN117882773A, and the application date is January 2024. According to the patent abstract, the present application relates to the field of dairy preparation, disclosing a method for preparing milk at zero GI level, which releases calcium by collecting a retentate containing lactose and breaking down lactose. Compared with conventional pasteurized milk, the milk prepared in this application has the same protein and fat content, no carbohydrates (the "0" limit value for carbohydrates specified in the GB28050 is ≤0.5g/100g), almost no difference in the content of minerals, especially calcium, and an almost twofold increase in immunoglobulin and lactoperoxidase content.

For 6 consecutive years, the National Agricultural Technology Center and DJI Agriculture have launched the National Flight Prevention and Drug Safety Training

Recently, the "2024 National 100,000 New Professional Farmers and Plant Protection Drone Pilot Scientific and Safe Drug Use Training Project" hosted by the National Agricultural Technology Extension Service Center and co-organized by DJI Agriculture, the world's leading agrochemical companies and provincial plant protection units across the country was held in Ganzhou, Jiangxi Province. By co-organizing this training event, DJI Agriculture will continue to work with industry partners to jointly cultivate high-standard plant protection talents, improve industry standards, continue to provide talent support for the development of modern agriculture, and help mainland agriculture move towards a more technological and intelligent future.