Gathering micro-network news, Huazhong Navigation announced on the evening of June 3, the company received the "Shanghai Municipal Reform and Development Commission's Reply on the Major Projects of the Beidou Industrial Park Innovation and Development Special Action" on June 1, 2018, according to the "National Development The reply letter from the General Office of the Ministry of Industry and Information Technology of the Reform Commission's Office on the implementation plan of the Beidou Industrial Park's innovation and development special action agreed in principle to grant cash to the company for the “Beidou High-precision Smarter Construction Management Innovation Application and Industrialization” project. RMB 73 million. The term of the project is from January 2018 to December 2020. The amount of the project will be paid according to the implementation progress of the company. As of the disclosure date of this announcement, the above amount has not been actually received.
