In terms of financial special projects and capital expenditure, R&D investment has become a critical flow of funds. The R&D expenditure in the fourth quarter reached RMB4.994 billion, and the total amount of RMB1.6496 billion for the whole year. These huge capital expenditures are not used for traditional fixed asset acquisitions but are instead heavily invested in the development of underlying agricultural technologies, the construction of digital infrastructure in the supply chain, and the overall upgrade of logistics networks in remote areas
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