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August 19，Space-time intelligencescience and technologyThe company is Qianxun Location Network Co., Ltd. (hereinafter referred to as"Qianxun Location")formalAnnounced the completion of a new round of strategic financing,Beijing Information Industry Development Investment FundLead Investor,Shanghai Shuyu Dingyuan Investment Fund、Beijing Dongcheng District Science and Technology Innovation Industry Investment Fund,Qingdao Zhonghe Xingyao Venture Capital FundFollow-up investment，companyoverallValuationalreadyExceed16 billion yuan.

In this round of financing, Qianxun Location willfurtherstrengthenSpatiotemporal intelligence full-link product and technology systemto continue to strengthen its presence in the field of space-time intelligenceLeading position.

Qianxun Location was foundedAugust 2015，It was jointly initiated by China North Industries Group Corporation and Alibaba Group.and inIn the A round of financing and subsequent equity adjustments, state-owned shareholders and social capital such as Shanghai International, ICBC Investment, China Venture Capital, Gaoliang Qihang, Beidou Qixing Investment, and Moganshan High-tech Pilot were introduced.

companyBased on BeiDou satellite system (compatibleBased on the basic positioning data of GPS, GLONASS and Galileo, and using more than 5,000 GNSS satellite-based/ground-based augmentation stations around the world, independently developed positioning algorithms and large-scale Internet service platforms, we can provide users with centimeter-level positioning, millimeter-level perception and nanosecond-level time-space intelligent services.

Completed a new round of financing against the trend，Will strengthenSpatiotemporal intelligence full-link product and technology system

This roundThe investment is heavily supported by the Beijing Municipal Government.It has formed an effective linkage between the capital city and district-level investment institutions, further anchoring Beijing's strategic determination for the development of Beidou and space-time intelligent industries.。

Qianxun Location will take advantage of its location in the capital to strengthen its R&D and business development in Beijing. At the same time, the investment from Yangpu District, Shanghai, will further strengthen the bond and strategic synergy between the company and the region.

Beijing Information Industry Development FundBeijing Jingguorui Equity Investment Fund Management Co., Ltd.Company Management Operations, Fund Regulationsmold10 billion yuan, focusing on direct equity investment in the strategic layout of the national and Beijing information industries, with a focus on industrial Internet, network security and information innovation, Beidou, Internet 3.0 and other fieldsThis investment fully reflectsStrategic direction for the development of Beijing's high-tech industriesJingguorui will continue to deepen cooperation with Qianxun Location.Qianxun Location's technological innovation in the field of space-time intelligenceand development to bring strategic synergy.

The Beijing Dongcheng District Science and Technology Innovation Industry Investment Fund was approved by the Beijing Dongcheng District Government. It aims to promote the efficient use of state-owned assets in Dongcheng District, consolidate the dominant position of the new generation of information technology industry, focus on advantageous sub-sectors such as emerging software and new information services, and accelerate the gathering of high-end industrial links and leading enterprises.

Shanghai Shuyu Dingyuan Investment Fund is aDistrict-level state-owned assets group——Yang Pu KeTo create an innovative financial service platform development strategy system and better playYangpu District CapitalThe digital economy mother fund was established to support and guide economic and social development. The mother fund's main investment direction is digital economy-relatedHeavyPoint industries, including artificial intelligence, industrial Internet, cloud native, big data, digital health, digital green economy, digital cultural and creative industries, etc.

Qianxun LocationCEO Chen Jinpei said that this round of financing will be used to further strengthen Qianxun Location'sSpatiotemporal intelligence full-link product and technology system，includeLow-altitude economy, vehicle-road-cloud integration, and intelligent driving, Space-time ChipFieldsofinvestment, and at the same time strengthen the development of the cooperative ecosystem to betterPromote the scale of Beidou and space-time intelligence in all walks of lifechangeapplication。

Continue to promote product implementation and large-scale production, covering multiple fields

EstablishmentOver the past 9 years, Qianxun Location has taken the lead in promoting the industrialization and commercialization of Beidou space-time intelligent technology achievements, which have been widely used in many fields and accumulatedMature product implementation, large-scale production and user service experience，alreadyAchieved remarkable achievements.

From mobile phone lane navigation, car autonomous driving, and shared bicycle parking in the consumer market, to agricultural plant protection, forestry stakeout, water conservancy and hydropower, transportation, disaster prevention and mitigation, ecological protection, etc. in the industry market, to city-level space-time perception and comprehensive management... Beidou space-time intelligence is becoming a new engine to promote the formation of new quality productivity in all areas of the economy and society. Currently, Qixun Location has connected more than 2.1 billion smart devices, with more than 10 billion services per day, covering more than 230 countries and regions around the world.

l In the field of intelligent driving, Qianxun LocationFindAUTO Beidou space-time intelligent car mass production solution has been delivered in batches on more than 30 models and has been ordered for more than 100 models, covering many mainstream domestic automobile brands, including SAIC, Geely, Xiaopeng, Ideal, Zhiji, Leapmotor, FAW Hongqi, GAC Aion, etc. The cumulative service time of mass production has reached nearly 2 billion hours, serving more than 1.6 million smart driving cars.

l In the field of smartphones, developed by Qianxun Location and its partnersBeidou's innovative applications such as "lane-level navigation" and "traffic light countdown" are being rolled out on a larger scale across the country. This function enables the mobile phone positioning accuracy to evolve from road level to lane level, bringing revolutionary changes to the public's navigation experience. Currently, the shipment volume of mobile phones that support Qianxun's high-precision positioning capabilities has exceeded 30 million, covering more than 20 best-selling models of mobile phone brands such as Huawei, Xiaomi, OPPO, vivo, and Honor.

l In the field of shared mobility,Qianxun Location has chip modules, positioning services,RTKThe full stack capabilities of algorithms, combined navigation algorithms, antennas and digital twin electronic fences provide partners with one-stop products and solutions.Already served Hello, Meituan, etc.Standardized management of 6 million shared bicycles.

l In the field of surveying and mapping geographic information,Qianxun Location rushed to support Vulcan Mountain Hospital during the epidemicIt was completed in 10 days. On New Year's Eve, the SR3 Pro was used to ensure that most of the layout and measurement of the construction site was completed in one go, achieving centimeter-level high-precision positioning and precise mapping. The equipment is now in the collection of the National Museum.

l In the field of transportation,Qianxun Location independently developedThe "Beidou + AI" intelligent road inspection system can accurately identify highway infrastructure and road surface defects, achieving an inspection effect with an underreporting rate of less than 5% and an accuracy rate of up to 90% for road defects. Its efficiency is nearly 40 times that of manual inspection. It has been implemented on highways and national and provincial trunk roads in many provinces and cities across the country, including Shandong, Liaoning, Yunnan, and Jiangsu.

l In the field of disaster prevention and mitigation,Qixun Location has achieved millimeter-level sensing and monitoring of the ground surface. Once potential dangerous situations such as mudslides and landslides are discovered, it will sense them in advance and issue alarms. It has been implemented in many scenarios such as bridges, tunnels, geological disasters, water conservancy reservoirs, dilapidated houses, open-pit mines, and has been verified in practice.

l In the low-altitude economy,Qianxun Location allows drones and other low-altitude flying devicesRefinedIt can accurately sense its own position, realize automated collaborative operation, and complete tasks according to the planned routes, ensuring the orderly, safe, and compliant flight of massive aircraft, and assisting the construction of projects such as the Nanjing Civil Unmanned Aerial Vehicle Test Zone.

l In the field of smart cities,Qianxun Location LaunchedThe "Kunlun Mirror" space-time intelligent operating system supports large-scale space-time perception, computing and collaboration at the city level, and has been applied in cities such as Deqing, Zhejiang, Shangyu, Zhejiang, and Tongling, Anhui. Qianxun Location's service customers also include central enterprises such as Ningbo Zhoushan Port, State Grid, China Southern Power Grid, and PetroChina.

at present,Qianxun LocationbecomeThe world's first space-time intelligence company to achieve a full-link closed loop from infrastructure, basic services, basic devices to basic software，fromBase station servers and other equipment, high-performance algorithm systems and large-scale spatiotemporal service platforms；From the groundbreakingFrom the "one network across the country" technology model to the groundbreaking "space-ground integration" fusion solution;fromLocalizationFrom CPU chips to space-time intelligent operating systems,Adhere to independent research and development, the technology is safe and controllable.