XAG to boost digital agriculture tech

XAG Co Ltd, China's largest agricultural drone maker, will increase investment in research and development, expand its footprint in global markets and build a smart agricultural ecosystem, as part of its broader drive to enhance working efficiency of farmers and promote digital agriculture technology.

The company has launched an unmanned ground vehicle and three types of agricultural drones that are used for seeding, fertilizing and spraying pesticides.

"It is very likely that XAG will be listed on the mainland stock market and we are actively preparing for it, but there is no specific timetable," said Peng Bin, chief executive officer and founder of XAG.