Fengjiang Intelligent submitted its prospectus to Hong Kong, intending to expand into the global robotics market

On September 26th, FJD Inc. submitted its prospectus to the Hong Kong Stock Exchange, with Morgan Stanley and China International Capital Corporation serving as joint sponsors. As a global robot solution provider, the company is committed to driving automation transformation in agriculture, construction, property and other fields through digital models. At present, Fengjiang Intelligent is the third largest supplier of agricultural automatic navigation system kits in the world, with a market share of 8.5% in 2024 and a aftermarket share of 16.9%, ranking second. Benefiting from the development of intelligent agriculture, the global market size of agricultural and livestock robots has increased from $7.6 billion in 2020 to $13.5 billion in 2024, with a compound annual growth rate of 15.4%. It is expected that by 2029, the market will exceed $27.6 billion.