NavInfo: The first domestic ADAS chip has been mass produced

Memory chip

The reporter learned from the latest exchange platform of the Shenzhen Stock Exchange that the first ADAS (Advanced Driver Assistance System) chip produced by NavInfo has been mass-produced, and domestic and foreign brand car manufacturers are in the process of product design. The company said that the chip is mainly installed in the market demand and application, and can also take into account the needs of the aftermarket, and has a strong advantage in terms of cost and performance.

In addition, investors also asked about the company's high-precision map business related business data. The company said its high-precision map-related revenue is included in the premium assisted driving and autopilot revenues. The company's 2016 annual report disclosed the revenue classification of advanced assisted driving and autopilot revenue, which was approximately RMB 22.48 million compared to 2015. The annual growth rate is over 21%. According to the company's pre-disclosure data in the quarterly report, the company's net profit for the first half of this year is expected to increase by 30%-60%.