DJI and XAG are two competitors in the field of agricultural drone.
As to whether or not to consider the listing of Kechang Board, DJI said to the reporter that "it does not insist on listing". For the agricultural side, it still needs to do very basic things.
While XAG said that the company's current capital flow was adequate, hoping to find excellent strategic investors, and according to the development of the company, it it has financing and listing plans; For whether or not to consider Kechang Board, it does not explicitly give a respond, saying that "we will work hard."
XAG made separate rounds of A and B financing in 2014 and 2016, with investors Chengwei Capital and Mingtai Capital. Round A raised $20 million while the amount of Round B was not disclosed.
Similarly, DJI also amassed capital force in layout of agriculture.
Accompanied by DJI's rise, drone also triggered a frenzy in the capital market around 2015.
RAPOO transferred 8.53% of Zerotech’s equity, the original venture into consumer drones in April, divesting it at $50 million. The new 3 Board company, Cellularlink, crossed the border from mobile phones to agricultural drones, only to fall into a crisis of frequent malfunction, return and even shutdown within two years, leading to bankruptcy finally.
In contrast, the listed companies in the drone industrial chain layout focus on the subdivision industry applications and drone components, while the layout of consumer level is basically extinct.
Longxin GM’s subsidiary, Zhuhai Longhua, had a total production of 34 unmanned helicopters in the first three quarters of this year and cumulative delivery of 28 XV-2 agricultural drones for plant protection operations.
Zongshen Power has recently revealed that it had signed a "framework Agreement on Strategic Cooperation"with ChinaAviation Guifei, which plans to carry out extensive and in-depth cooperation in the areas of aircraft, drone and aeronautical power.
