Hi-Target Navigation Tech Co.,Ltd Appoints Chen Yuanzhi as an Independent Director

Guangzhou Hi Target Navigation Tech Co Ltd is a China-based company principally engaged in the satellite navigation system technology development and related equipment manufacturing businesses. The Company's main products include Beidou + precision positioning equipment, Beidou + industry application software and program integration and Beidou + spatial information data. The Company's products are mainly used in surveying and mapping geographic information, unmanned intelligent carriers, science and technology tourism and military products. The Company distributes its products in domestic market and to overseas markets.