Beijing Highlander Digital Technology Co., Ltd. authorizes a Buyback Plan.

Beijing Highlander Digital Technology Co., Ltd. is a China-based company principally engaged in the research, development, production, distribution and provision of services of maritime and marine electronic technology products and systems. The Company’s main products include integrated navigation systems (INSs), radars, steering control systems (SCSs), electronic chart display and information systems (ECDISs), Gyro Compass (GYRO), voyage data recorders (VDRs), vessel manage systems (VMSs), global maritime distress and safety systems (GMDSSs), marine observation and exploration systems and related sensors and environmental monitoring instruments and systems, among others. The Company distributes its products in domestic market and to overseas markets.