Shanghai Huace Navigation Technology Ltd.

Company Profile

(1) Advantages of core technologies, products and solutions The company has always insisted on R&D investment. Focusing on the core of high-precision positioning technology, after years of R&D investment and exploration, it has formed a core algorithm capability with technical barriers, with complete algorithm technical capabilities such as high-precision GNSS algorithm, three-dimensional point cloud and aerial survey, GNSS signal processing and chip-based, automatic driving perception and decision control, and built an Internet of Things and cloud service platform, spatial information application software, and various solutions and system integration. The company focused on the layout of core basic components such as GNSS chips, OEM boards and antennas, further enhancing the core technical advantages such as high-precision GNSS algorithm, integrated navigation, SWAS wide-area enhancement and precise orbit determination, strengthening technical strength and tamping technical barriers. The company has applied for more than 1,000 intellectual property rights, including more than 700 patents and nearly 400 invention patents, and has more than 900 authorized independent intellectual property rights, including more than 400 patents and more than 100 invention patents. Intellectual property rights are in the forefront of the industry, forming a certain leading edge and laying a solid technical foundation for the company's long-term development. The Beidou high-precision positioning equipment developed by the company successfully completed the elevation measurement of Mount Everest in 2020, demonstrating the company's international leading product technical strength. The company pays attention to the planning and construction of R&D system, attracts talent teams in advantageous knowledge-intensive areas, establishes four R&D bases in China, Shanghai, Wuhan, Nanjing and Beijing, and establishes a British R&D base overseas, giving full play to the talent advantages of regional universities and gradually strengthening the company's core competitiveness in the field of high-precision positioning and navigation. (B) Company brand advantage As a leading enterprise in high-precision satellite navigation and positioning industry, the company is one of the few enterprises in China that can provide customers with rich high-precision satellite navigation and positioning application solutions. Up to now, the company has won one second prize of national technological invention and four second prizes of national scientific and technological progress, and has been recognized as National Enterprise Technology Center, Pilot Enterprise of Intellectual Property Application of Industrial Enterprises, Single Champion Enterprise of Manufacturing Industry, Shanghai Beidou Intelligent Network and Equipment Technology Innovation Center, Post-Doctoral Research Center, 2024 Top 100 Excellent Enterprises in Qingpu District, and 2024. The company has formed obvious brand advantages in scientific research strength, product and solution competitiveness, market experience and industry ranking. (C) corporate culture and corporate management advantages Since its establishment, the company has been focusing on the research and development, production and sales of high-precision satellite navigation and positioning related software and hardware products, adhering to the corporate mission of "focusing on the challenges and pressures concerned by customers, providing competitive and accurate spatio-temporal information solutions and services, and continuously creating maximum value for customers", and advocating the core values of "achieving customers, hard work, self-criticism, openness and enterprising, sincerity and trustworthiness, and teamwork" to serve customers in the industry. Companies adhere to the "Struggler-oriented", team leaders set an example to drive the whole team from top to bottom, and continue to struggle hard, so that every struggler can give full play to his value, embody his value and realize his dream. At the same time, the company also adheres to the culture of "sharing" and implements equity incentives for core technical backbones many times, so that every struggler can get a reasonable return. The company has a relatively perfect enterprise management system for R&D, production, marketing and operation, and constantly optimizes and adjusts the company's management and operation mode according to different stages of enterprise development and market conditions, and establishes an efficient organizational system to better support the company's business development. (D) Marketing and service advantages The company has established a national marketing system that pays equal attention to direct sales and distribution, and established a strong dealer network overseas. By the end of the reporting period, the company has sales subsidiaries in major provinces in China and branches in 10 countries/regions such as Hungary, Japan and Singapore. The company has a marketing team with strong business ability and enterprising spirit, and flexibly mobilizes resources to build a professional team to provide customers with system applications and solutions, which has laid a solid foundation for the company's market expansion. The company will further build an open and accelerated "partner+China Test" partner system, grow together with partners and help customers achieve commercial success.