Zhong Haida: The company did not participate in the research and development of the Beidou satellite navigation system.

On May 21st, Zhonghai Da expressed on the investor interaction platform that our company did not participate in the research and development of the Beidou Satellite Navigation System. We focus on the research, development, manufacturing, and sales of software and hardware products and services related to the high-precision navigation positioning technology industry chain, mainly providing customers with accurate time and space perception equipment and industry application solutions.