SHENZHEN, China, Aug. 4, 2025 /PRNewswire/ — Taoping Inc. (Nasdaq: TAOP, the “Company”), a provider of innovative smart cloud platform services and solutions, today announced that it is targeting annual sales of approximately RMB 200 million (approximately US$27 million) in 2026 from an expanded cooperation in smart agriculture between its subsidiary, Taoping Industrial (Yunnan) Co., Ltd. (“Taoping Yunnan”) and Mengla County Agricultural Reclamation Group Co., Ltd. and its subsidiary Mengla County Mengman Farm Co., Ltd (collectively, “Mengla”).
Under the expanded cooperation, Taoping Yunnan and Mengla plan to increase the total planting area to 500 acres from the current nearly 75 acres, with the creation of several thousand flexible jobs. To achieve their ambitious goals, Taoping Yunnan and Mengla are leveraging advanced technologies, including enhanced drones, artificial intelligence (AI), big data and the Internet of Things, to enhance production and operational efficiency.
As previously announced in February 2025, the Company and the Government of Mengla County, Yunnan Province planned to promote high-quality development of the local agricultural industry and were targeting an expansion of their planting base in Mengla County, Xishuangbanna Prefecture, Yunnan Province to 3,500 acres, with 2027 projected annual output valued at RMB 600 million (US$82.5 million).
Mr. Jianghuai Lin, Chairman and CEO of Taoping, said, “Our strategic partnership with Mengla has already delivered strong results. With their support in land, policy, and technical resources, our trial vegetable crops in early 2025 achieved excellent production and sales. These results validate the growth potential of our agricultural business and have led us to sign three additional land lease agreements with Mengla, significantly expanding our demonstration planting base and positioning us for accelerated revenue growth in this sector.”
About Mengla County, Yunnan Province
Mengla County is located in the southeastern part of Yunnan Province, China, bordering Laos to the south. It is part of the Xishuangbanna Dai Autonomous Prefecture and is known for its tropical rainforest, rich biodiversity, and ethnic diversity, with significant Dai, Hani, and Yi populations. The county is home to parts of the Xishuangbanna National Nature Reserve, which protects endangered species like Asian elephants and gibbons. Mengla serves as an important trade hub between China and Laos, with the Mohan border crossing being a key point for cross-border commerce. The region’s economy is driven by tourism, agriculture (notably tea and rubber plantations), and trade.
About Taoping Inc.
Taoping Inc. (Nasdaq: TAOP) has a long history of successfully leveraging technology in the development of innovative solutions to help customers in both the private and public sectors to more effectively communicate and market to their desired targets. The Company has built a far-reaching city partner ecosystem and comprehensive portfolio of high-value, high-traffic areas for its products, which are aligned together with Taoping’s smart cloud platform, cloud services and solutions, new media and artificial intelligence. For more information about Taoping, please visit http://en.taop.com. You can also follow us on X.
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