Chinese Agricultural Drone Startup XAG to Debut in STAR Market
On Monday, the IPO application of XAG, a domestic agricultural drone maker, was accepted by the Shanghai Sci-Tech Innovation Board (STAR Market). XAG plans to raise 1.51 billion yuan ($235 million), which would be used for a digital agricultural intelligent manufacturing base, construction of an R&D center in Guangzhou, as well as, marketing and service…
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