Since the landing of the military reform in October 2017, Hagrid has received more than 1.4 billion yuan in important contracts for recoveries. This reflects Hager's leading position in the industry once again and predicts Hagrid's military-based business. With major development opportunities, the company's business will show rapid growth.
Among them, the Beidou navigation related market accelerated development. On November 5, 2017, the first batch of double-star network of Beidou III was successfully launched, which opened the curtain of global networking and planned to complete the basic system by the end of 2018.
Prior to this re-acquisition of a major military industry business order, Hagrid’s subsidiary, Capricorn Innovations, has successfully developed the first high-grade flight simulator with independent intellectual property rights in China and obtained the first major military contract (amounting to approximately RMB 122 million. No. 2017-103), Armor Simulator and Helicopter Simulator Contract (Amount of 74.398 million Yuan, Bulletin No.: 2017-107), Awarded Project of Armed Police Helicopter Training Simulator (Amount of 25,919,800 Yuan, Bulletin No.: 2017-108), Wireless Communication and BeiDou Navigation and Supporting Equipment Contracts (amounting to 110 million yuan, bulletin number: 2017-092; amount of 448 million yuan, bulletin number: 2018-001; amount of 300 million yuan, bulletin number: 2018-005; amount of 129 million yuan Yuan, bulletin number: 2018-029).
Currently, Hager has more than 60 years of professional knowledge in wireless communications and navigation. It has developed into a high-tech enterprise group that provides communications and navigational information equipment and services for defense users and important areas of national economy. In the field of navigation and navigation, we have formed a full range of product development and service capabilities for chip, module, antenna, complete system, and system and operation services. The company is an important supplier of equipment for Beidou navigation for military and civilian use, and it is a leader in Beidou navigation-related special institutions. , Market prospects.