NavInfo: will actively promote the implementation of orders in the second half of the year, while implementing a series of cost reduction and efficiency improvement measures.

On July 16th, NavInfo stated on its interactive platform that, under the current market competition situation, the unlocking conditions of the equity incentive plan to significantly reduce losses in 2025 and turn losses into profits in 2026 are extremely strict, and the task is challenging. The company will actively promote order fulfillment in the second half of the year, and will also implement a series of cost reduction and efficiency improvement measures in order to achieve the unlocking conditions for the equity incentive plan.