Background Introduction of Shanghai Sinan Satellite Navigation Technology Co., Ltd

Shanghai Sinan Satellite Navigation Technology Co., Ltd. is a domestic enterprise that has independently mastered the core technology of high-precision Beidou/GNSS modules and successfully achieved large-scale market applications. It integrates research and development, production, sales, and service, and is committed to providing users with high-precision Beidou/GNSS chips, boards, terminals, and system solutions in multiple directions and fields. Since its establishment, Sinan Navigation has obtained more than 20 honorary certificates, applied for more than 30 software copyrights, and led and participated in the preparation and formulation of more than ten domestic and foreign industry standards. The company is a Chinese enterprise invited to join the Radio Technical Committee RTCM SC-104 for the maritime industry, and is currently participating in the construction of the China Beidou Open Laboratory.

Sinan Navigation closely follows the trend of compatibility and interoperability among the four major satellite navigation systems, flexibly meeting the differentiated needs of different industries, and comprehensively laying out a high-precision GNSS ecosystem. Its product applications cover professional fields such as surveying and geographic information, intelligent transportation, precision agriculture, deformation and safety, autonomous driving and assisted driving, outdoor robots, and the mass market. On July 31, 2020, the Beidou-3 satellite navigation system was officially completed. Several products from Sinan, such as the new K8 series Beidou high-precision module, were invited to participate in the Beidou-3 opening ceremony and received high recognition after being reviewed.

At present, Sinan Navigation is relying on the 2600 square meter Sinan Beidou Industrial Park to continuously enhance its high-precision Beidou/GNSS core technology and product application innovation capabilities, and is committed to becoming a Beidou enterprise that drives Shanghai, *, and influences the world.

Independent technology: Beidou/GNSS high-precision board, Carda * level

High precision GNSS board technology is known as the pearl on the crown of satellite navigation technology. Due to its technological excellence, wide application range, and core position in the industry, it is also known as a big cake worth looking forward to in the satellite navigation market. Although high-precision satellite navigation has been developed in China for decades, many key technologies are still constrained by foreign countries, and the high-precision GNSS industry has always been monopolized by Trimble in the United States and Canadian companies. The development of China's Beidou satellite navigation industry not only requires innovation in key technologies, but also the development of complete sets of equipment that can be implemented as products, in order to create a healthy satellite navigation development industry chain.

Sinan Navigation adheres to the corporate philosophy of "integrating knowledge and action, and striving for excellence", integrating the great achievements of China's high-precision GNSS technology. It has a local R&D team that has been specializing in high-precision GNSS core technology for many years, and 85 key technical personnel have won provincial and ministerial level scientific and technological progress awards.

In 2012, Sinan Navigation stood out in competition with more than 10 peers such as Hexin Xingtong and Hezhong Sizhuang, and twice obtained the qualification to undertake research on the "Multi mode Multi frequency High precision OEM Board" of the Beidou Second Generation Major Project. It participated in dozens of national and Shanghai satellite navigation research projects, filling the gap in the field of high-precision GNSS at home and abroad; Subsequently, we jointly undertook the national 863 project "Phase based Real time Meter level Beidou Positioning Data Processing System Technology" with Wuhan University.

In May 2014, the high-precision application of Sinan Navigation shone at the 5th Satellite Navigation Academic Annual Conference and was highly praised by leading experts such as Academician Sun Jiadong, the chief designer of the Beidou Satellite Navigation System project. CCTV made a special report on the independent Beidou agricultural machinery automatic navigation driving system.

In April 2016, at the Beidou/GNSS high-precision OEM board key technology and industrialization project appraisal meeting, the expert appraisal committee identified that the key technology of the Beidou/GNSS high-precision OEM board of Sinan Navigation had reached the * level, and the related products were selected for the national satellite navigation special Beidou basic product recommendation list. In June of the same year, due to its outstanding performance in innovative standards such as mode, technology, products, mechanisms, and research and development, the company was awarded the "New Third Board Innovation Technology Star". In July, Sinan Navigation Beidou helped Alibaba Group and SAIC Group jointly develop the mass production 'Internet vehicle' Roewe RX5 with YunOS operating system to achieve lane level high-precision positioning.

In May 2017, at the 8th China Satellite Navigation Academic Conference, Sinan Navigation officially released the second-generation GNSS high-precision baseband chip 'Quantum II' to the public.

In August 2018, Sinan Navigation won the 2018 Satellite Navigation and Positioning Science and Technology Innovation Application Gold Award at the 7th China Satellite Navigation and Location Services Annual Conference and China Beidou Application Conference with its independently developed and designed T300 high-precision GNSS receiver product project. In November of the same year, Sinan showcased its independently developed K7 series high-precision board at the "Great Transformation - Celebrating the 40th Anniversary of Reform and Opening up Exhibition". In December, the K7 series board * experienced the performance of the Beidou-3 system.

In July 2020, the application promotion and industrialization project of China's major satellite navigation system, the Beidou system high-precision basic product - multi-mode and multi frequency high-precision module (signal) comparison results, were released. After public announcement, Sinan Navigation has once again ranked * in the comparison test! Becoming a company that has consistently ranked in the top two in three consecutive tests and achieved excellent results of one first and two second places!

Security Domain: Achieving Autonomous and Controllable Control

In the early years, in industries such as surveying, land use, urban construction, planning, water conservancy, and some major national engineering projects, more than 90% of China's projects used GPS based differential positioning technology. The establishment and widespread use of the Beidou satellite navigation system has freed China from its dependence on GPS, broken the monopoly of developed countries on satellite navigation and positioning technology, and marked a big step forward in China's independent and controllable satellite navigation system.

Sinan Navigation is one of the many high-precision satellite navigation national enterprises and institutions in China, with excellent industrialization effects and promotion scale. Its independently developed Beidou/GNSS high-precision board has laid a solid foundation for the localization of national key industries and key applications. It has played a significant role in major projects such as the 29th Antarctic Scientific Expedition, the National Beidou Ground Enhancement System, the ASEAN's first Beidou CORS station in the cooperation project between the governments of China and Laos, the Xiluodu Hydropower Station, the backbone project of the "West East Power Transmission", the 70th anniversary military parade commemorating the victory of the Anti Japanese War, and the overall beam replacement of Beijing Sanyuan Bridge.

Sinan Navigation was listed on the New Third Board in October 2015 (stock code: 833972), and after the announcement of stock issuance and subscription, market makers actively subscribed. At the end of 2015, Sinan Navigation successfully regained 26% of the domestic high-precision GNSS market monopolized by foreign countries. According to statistics from the Ministry of Industry and Information Technology, Sinan Navigation's Beidou/GNSS high-precision board shipments accounted for 71% of the domestic industry's independent core controllable products. With the help of the capital market, Sinan Navigation will achieve explosive growth in the broader field of high-precision mass applications of Beidou/GNSS.

Layout: Showcasing the 'Chinese GNSS Manufacturing Business Card' to the Market

On June 16, 2016, the Chinese government clearly pointed out in the first "China's Beidou Satellite Navigation System" published in the field of satellite navigation that China always adheres to and practices the development concept of "China's Beidou, the world's Beidou", serves the construction and development of the "the Belt and Road", and actively promotes cooperation in the Beidou system. Sinan Navigation, as a key member of the Chinese Beidou delegation, has repeatedly stepped out and showcased China's satellite navigation capabilities on the ever-changing stage; By virtue of the advantages of the compatibility of the "Beidou three frequency" system with other systems, we are actively exploring the market. Up to now, the products, supporting software and services of Sinan Navigation Beidou/GNSS high-precision boards and cards in different forms have covered more than 120 countries and regions, including more than 40 countries and regions along the the Belt and Road, laying a solid foundation and making important contributions to China's high-precision satellite navigation industry.

As a domestic satellite navigation enterprise with exclusive RTCM SC104 3.2 standard messages, Sinan Navigation actively participates in the formulation of industry standards and promotes the entry of Beidou into the standard. In November 2013, Sinan Navigation assisted the cooperation project between the governments of China and Laos, the first continuous operation reference station of Beidou in ASEAN, marking a further enhancement of the influence of China's Beidou satellite navigation system in Southeast Asia. Subsequently, the successful use of the Sinan Beidou high-precision receiver in the field of intelligent vehicles pioneered the application of high-precision navigation in intelligent driving in China.

In 2014, the RTCM protocol led by Sinan Navigation was elevated to the universal standard for China's Beidou satellite navigation system, and was highly recognized and accepted as a standard by the RTCM Professional Committee. Improved the active position and discourse power of China's Beidou in the dispute over GNSS satellite navigation system standards. Faced with the increasingly heated satellite navigation market, Sinan Navigation is accelerating its pace of commercialization and continuously expanding the brand awareness of "SinoGNSS" in the market.

In 2017, Sinan attended the Beidou/GNSS Application Seminar jointly organized by China and Arab countries as a representative of the Beidou high-precision industry; In September, the European subsidiary of Sinan Navigation was established.

In April 2018, the high-precision Beidou/GNSS board, receiver, and solution independently developed by Sinan Navigation were selected as representatives of high-precision products in the overseas Beidou center, and were invited to attend the ION GNSS 2018 conference as a domestic Beidou high-precision enterprise; In July of the same year, Sinan Navigation, in collaboration with its Indonesian partner, won the bid for 1046 satellite navigation centimeter level measurement (RTK) instruments. In April 2019, at the 2nd China Arab Beidou Cooperation Forum, Sinan Navigation signed cooperation documents, published topic reports, and showcased product achievements. In August, the company's product M300 Pro GNSS receiver helped promote the Beidou ASEAN Tour.

In 2019, at the 14th Congress of the Satellite Navigation System Committee, * channel "News Live Room", China Global Information Broadcasting, People's Daily, and others conducted special reports on the performance of China's Beidou satellite navigation system. Among them, Sinan Navigation, as a pioneer representative of Chinese satellite navigation technology companies, has been highly recognized for its successful development and application overseas!

In 2012, Beidou began to provide free services to the Asia Pacific region. This year is the eighth year for Beidou to go global, the eighth year for Sinan Navigation to deepen its market, and the eighth year for China's vision of the the Belt and Road Initiative. Eight years of time, the brave keep advancing; The path of openness, with swift and steady steps; The painting of progress is like a rainbow in momentum! For the past 8 years, Sinan Navigation has been based on independent core, lean construction, and continuously exploring high-precision markets at home and abroad. The key projects that have already been implemented or are currently under construction gather tremendous strength, and with a vigorous momentum, depict the heroic path of Sinan Navigation in the high-precision field of Beidou.