China Testing Navigation continues to increase R&D investment to strengthen core competitiveness

Huace Navigation has always focused on strategic R&D investment, and its R&D expense rate has been over 17% since 2021. In the first half of 2024, the company will continue to increase its R&D investment, focusing on high-precision positioning chips, boards, modules, intelligent robots, flight control technology, automotive-grade chips, global SWAS wide-area augmentation systems, core algorithms, etc., to continuously enhance the company's core competitiveness. Huace Navigation is actively developing low-altitude economic business, using high-precision GNSS+INS+LiDAR+unmanned flight control technology to achieve a leap from 2D to 3D data collection. In addition, the company also has drone products and a drone flight academy, providing all-round support for the development of the low-altitude economy.