Huace Navigation (300627.SZ) released its semi-annual report on August 7, with revenue of 1.484 billion yuan, a year-on-year increase of 22.86%, net income of 0.251 billion yuan, a year-on-year increase of 42.96%, and a non-GAAP net income of 0.21 billion yuan, a year-on-year increase of 34.55%. The basic earnings per share were 0.4625 yuan.
The company focuses on building technological competitiveness, adheres to the development path of innovation-driven, attaches great importance to the research and development of hard-core technologies. During the reporting period, the company participated in and completed the project "Beidou high-precision real-time fusion monitoring technology and major engineering applications", which won the second prize of the National Science and Technology Progress Award. So far, the company has won 1 National Technology Invention Award, 4 National Science and Technology Progress Awards, and 7 Shanghai Science and Technology Progress Awards. The company has more than 900 authorized independent intellectual property rights and is a national enterprise technology center. The company has been identified as a "pilot enterprise for the application of industrial enterprise intellectual property" and a "single champion enterprise" in the manufacturing industry, and has established the Shanghai Beidou Intelligent Network and Equipment Technology Innovation Center. So far, the company has won the "May 1 Labor Award" once, and the projects participated in by the company have won 1 special award, 2 first prizes, 2 second prizes, and 1 platinum award for satellite navigation and positioning technology innovation and application award. The company has also undertaken key core technology product research and development projects for the industrialization of Beidou, such as the "Beidou III industrial-grade high-integration enhanced SoC chip technology research and development and industrialization project" commissioned by the National Development and Reform Commission.