Billion Group Acquires 51% Stake in Higrowsir

Empowering the Agritech Leader to Accelerate Growth

Higrowsir Retains Full Operational Autonomy Post-Transaction; Continues to Focus on Core Strengths in Greenhouse Lighting and Custom Crop Spectrum Solutions

[China, April 11]​ — Higrowsir, an innovator in agricultural lighting technology, announced today that it has entered into a share purchase agreement with Billion group. Under the agreement, Billion will acquire a 51% majority stake in Higrowsir, becoming its controlling shareholder. The core principle of this strategic investment is "capital empowerment with independent operations." Following the transaction, Higrowsir will retain full autonomy over its management team and daily operational decision-making.

Unchanged Independence and Core Technological Strengths

The Founder and CEO of Higrowsir emphasized in the announcement: "Bringing in Billion Group as a strategic shareholder is based on our shared recognition of Higrowsir's technological path and market value. The change in majority ownership does not alter our operational control.​ Our existing team will continue to lead all company decisions regarding R&D, product innovation, and customer service. Billion respects and supports our independent operations, which will ensure the continuity of our strategy and agility in decision-making."

Higrowsir's two core technological strengths

• Advanced Greenhouse Supplemental Lighting Technology:​ The company possesses independently developed, high-efficiency, energy-saving, and long-life greenhouse lighting systems that effectively enhance crop growth efficiency and quality under low-light conditions.

• Professional Custom Light Spectrum Services for Fruits and Vegetables:​ Higrowsir provides precise custom light spectrum solutions tailored to the specific needs of different crop varieties (e.g., tomatoes, strawberries, leafy greens) at various growth stages, aiming to optimize both yield and nutritional quality.

Resource Injection for Global Expansion 

A spokesperson for Billion Group stated: "Our investment in Higrowsir is driven by its deep technological moat and clear solution capabilities in this specialized field. We will not interfere with its operations. Instead, we will leverage the group's capital and global resource network to support Higrowsir in expanding its leading lighting technologies and customized services to the broader global controlled-environment agriculture market."

This partnership marks a significant step for Higrowsir. While consolidating its leadership in the Chinese modern agricultural lighting market, it now gains powerful momentum to accelerate international expansion and deepen R&D innovation.

About Higrowsir

Higrowsir is a high-tech enterprise dedicated to modern agricultural lighting solutions. Its core businesses include the R&D and manufacturing of intelligent greenhouse lighting systems and precision custom light spectrum services for fruit and vegetable cultivation. The company is committed to enhancing agricultural productivity and sustainability through light technology.