Silkwave Signs MoU for Smart Agriculture Collaboration

MT Newswires Live

03-27

Silkwave (HKG:0471) signed a memorandum of understanding with a subsidiary of Xinjiang Hefeng Zhitong Biotechnology to use satellite communication technology to boost agricultural productivity.

The partnership aims to improve the quality and market competitiveness of agricultural products at Sichuan Hefeng Zhitong's planting and smart agriculture demonstration bases, a Wednesday Hong Kong bourse filing said.

Both firms plan to enhance technical cooperation in satellite services and smart agriculture initiatives, with plans to establish smart agriculture demonstration bases in Xinjiang's Yili region.

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