On August 24th, it was reported by the media from different sources that A-share listed company NavInfo plans to acquire intelligent driving company Jianzhi Robot, and the progress is close to completion. Four Dimensional Map's response states that please refer to official information for accuracy. As of the time of publication, Jianzhi Robot has not responded.
As the largest digital map provider in China, NavInfo has been developing its intelligent driving ADAS business since 2021 and has set a development strategy to transform into a Tier 1 intelligent driving company by 2023. It increases its investment in intelligent driving business every year, expands the size of its intelligent driving team, introduces senior intelligent driving talents, and searches for potential acquisition targets.
At present, NavInfo has stable mass production and delivery sites for basic driving and cabin parking products, and is also working on advanced intelligent driving solutions, but progress is not yet significant. It is reported that NavInfo's revenue for 2024 will be 3.518 billion yuan, a year-on-year increase of 12.68%; The net loss attributable to shareholders of the listed company was 1.095 billion yuan, a year-on-year decrease of 16.68%. During the reporting period, the company's intelligent driving business segment achieved a revenue of 271 million yuan, with a year-on-year increase of 12.84% in the gross profit margin of intelligent driving. The intelligent cabin business achieved a revenue of 403 million yuan.