Recently, Shanghai Navin Information Technology Co., Ltd., 002405.SZ a wholly-owned subsidiary of the company, signed a high-precision map framework purchase agreement with Volvo Cars, and the company will provide high-precision map products for the relevant models of Volvo Cars sold in China in the next three years, and the specific amount depends on the sales of Volvo Cars' related models mass-produced in the above period in China.
The company said that the signing of the high-precision map framework purchase agreement with Volvo Cars shows the company's position as a leader in the field of high-precision maps, highlights the company's technical research and development strength and product performance in the field of high-precision maps, and is also the result of the company's continuous expansion of the business market.
![NavInfo signed a service agreement with Volvo Cars for autonomous driving[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)