Understanding the Market | CONGYU INTE AGR rises over 28% again, the company collaborates with multiple partners to promote the deep integration of low-altitude economy and digital agriculture

CONGYU INTE AGR has risen over 28% again, with a cumulative increase of nearly 200% in stock price since September 16. As of the time of writing, it has risen 21.25%, priced at HKD 0.97, with a transaction volume of HKD 11.3487 million. On the news front, CONGYU INTE AGR announced in mid-September that it plans to place up to 91.0217 million shares, netting approximately HKD 25.9 million, of which about HKD 8 million will be used to develop an agricultural vertical e-commerce platform and the agricultural low-altitude economy. On September 17, CONGYU INTE AGR's wholly-owned subsidiary, South China Navigation Low-altitude Industry Investment (Shenzhen) Co., Ltd., reached a strategic cooperation with Atmospheric Internet of Things Technology (Guangzhou) Co., Ltd. and South China Digital Agriculture Technology (Shenzhen) Co., Ltd. This cooperation focuses on the deep integration of low-altitude economy and digital agriculture, which is expected to further expand CONGYU INTE AGR's layout in the smart agriculture sector