ST Navigation Technology is establishing a new technology company which includes multiple satellite-related businesses.

According to the Qichacha APP, recently, Beijing Hangtu Baokun Technology Co., Ltd. was established, with business scope including: satellite remote sensing data processing; satellite remote sensing application system integration; comprehensive application system integration of satellite technology, etc. Equity penetration displayed by Qichacha shows that the company is jointly held by *ST Hangtu and others.