Hi-Target: The company did not participate in the research and development of the BeiDou satellite navigation system

On May 21st, Hi-Target stated on the investor interaction platform that our company did not participate in the research and development of the BeiDou satellite navigation system. The company focuses on the research, development, manufacturing, and sales of hardware and software products related to the high-precision navigation and positioning technology industry chain, mainly providing customers with precise spatiotemporal perception equipment and industry application solutions