According to the Huatai Securities Research Report, Huatai Securities believes that agricultural robot products, such as agricultural drones, are moving from a policy-driven “demonstration application” stage to a new stage of “replicable and profitable” driven by the triple driving forces of demand changes, supply breakthroughs, and economic viability. Currently, major agricultural countries around the world are facing a structural contraction in agricultural labor supply. “Fewer people cultivate land” is evolving to a trend of “no one cultivates land”, and agricultural post-planting management is highly dependent on human input, constituting the most prominent efficiency shortcoming in the current agricultural production system. With the iterative upgrading of technologies such as artificial intelligence, robotics, and new energy, agricultural technology enterprises represented by DJI Agriculture and Jifei Technology have risen rapidly, and have expanded and upgraded from agricultural drones to the full range of smart agriculture scenarios. Following the mechanical revolution and the chemical revolution, agricultural robot products are driving the third revolution in the efficiency of agricultural production methods.

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