menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Business News

>

Taoping Tu...
source image

Baystreet

3d

read

358

img
dot

Image Credit: Baystreet

Taoping Tumbles Despite New Sales Pact

  • Taoping Inc. (NASDAQ: TAOP) shares fell despite securing a new sales agreement worth $2.8 million with Hunan Xiuxiang Agricultural Technology Co., Ltd.
  • The agreement involves Taoping supplying designated agricultural products to Xiuxiang Agricultural over a two-year period, aiming to modernize operations and enhance supply chain efficiency.
  • This deal follows a previous agreement this year for a project in Yunnan Province expected to have an annual output value of $83.3 million by 2027.
  • CEO Jianghuai Lin expressed confidence in unlocking significant value for shareholders in the agricultural market, where there is high demand for products in China.

Read Full Article

like

21 Likes

For uninterrupted reading, download the app