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Taoping Announces Major Cooperation with the Mengla County of Yunan Province; Expected Project Value of US$82.5 Million by 2027 [Yahoo! Finance]

Taoping Inc. - Ordinary Shares (TAOP) 
Company Research Source: Yahoo! Finance
Mon, February 10, 2025 at 2:30 PM GMT+1 5 min read In This Article TAOP SHENZHEN, China Feb. 10, 2025 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a provider of innovative smart cloud platform services and solutions, today revealed that it has entered into a non-binding strategic cooperation framework agreement with the Government of Mengla County, Yunnan Province . The agreement outlines plans for extensive collaboration in the modern agricultural industry, with the objective of boosting regional economic growth. According to the agreement, the project aims to invest in developing an agricultural planting base in Mengla County, Xishuangbanna Prefecture, Yunnan Province . Over the next three years, the partners plan to expand the base to 3,500 acres, with a total investment of RMB 200 million US$27.5 million ). By 2027, the project is expected to generate an annual output value of RMB 600 million US$82.5 million The cooperation aims to combine the strengths Show less Read more
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