Feina Jingwei, a subsidiary of Naiwei Technology Holdings, signed a cooperation framework agreement with CCCC Innovation, a subsidiary of the Ministry of Transport.

Beijing Zhongjiao Innovation Investment and Development Co., Ltd. is a wholly-owned subsidiary of the Ministry of Transport, Transportation and Communication Information Group Co., Ltd. (China Transportation and Communication Information Center). As an institution directly under the Ministry of Transport, China Transportation and Communication Information Center (CTTIC) is entrusted by the Ministry to formulate and organize the implementation of technical policies, technical standards, rules and regulations for communication, navigation, radio and information management in the transportation industry; acting the Ministry to perform the Ministry's radio administrative licensing and administrative approval responsibilities; undertaking the construction, operation and maintenance, integration, and guarantee of the industry's information network; representing the country to participate in the relevant activities of the International Telecommunication Union (ITU) and the International Maritime Organization (IMO), responsible for China The construction, operation, maintenance and management of the international maritime satellite and the international search and rescue satellite system, and undertake relevant emergency safety public welfare communication responsibilities at home and abroad; undertake the research and development, application and consultation of communications, navigation, radio and information technology needed by the industry, the country, and social and economic development; undertake the related work of China's civil satellite navigation system.

The cooperation between the subsidiary Feina Jingwei and CCCC Innovation is a manifestation of the comprehensive strength of Neville Technology in the field of navigation and positioning, and is also a specific measure for Neville Technology to further expand the market in the civil field of navigation and positioning. In the future cooperation, the two sides will be based on the principle of mutual benefit, efficient and stable completion of the agreement goals, and strive to achieve a win-win situation.