Beidou Navigation Satellite System: By 2025, the company will ship nearly 100 million positioning chips

On June 2nd, Beidou Xingtong responded to investors' concerns on the investor relations platform. By 2025, the company's positioning chip shipment volume will be close to 100 million units, accounting for approximately 50% of its revenue. The company's positioning chips have been widely used in automobiles, and the capital expenditure for the next three years will mainly be invested in the integration of cloud chips, including the development of next-generation chips, cloud platforms, commercialization of network RTK and PPP-RTK, and technological iteration, to meet the global user demand for high-precision positioning.