"近年来，基准站应用需求不断涌现，应用场景也不断扩展。"该负责人介绍，我国站点数量从2015年的 4000多座增加到现在的3.3万多座，应用对象从测绘活动为主扩大至交通、农业、大众消费、低空经济 等各行各业。 《办法》从统筹全链条全环节管理的角度，对基准站的管理原则、监管职责、布局规划、建设条件、备 案要求、运行维护、分类服务、数据管理、监督检查和法律责任等作出了明确规定，确保基准站建设、 运行维护和相关数据管理纳入法治化轨道。 《办法》明确，卫星导航定位基准站的建设和运行维护实行统一规划、统一标准、统一监管，以"合理 布局、依法备案、资源共享、保障安全"为原则，必须符合国家有关法律法规、技术规范和标准。基准 站建设应当符合国土空间规划，纳入国土空间规划实施监督信息系统。建设前，建设单位应当对观测环 境、地质构造、安全防护等条件进行评估；需要办理用地手续的，应当按照土地管理有关法律法规的规 定办理。 本报北京电(记者孔德晨)为规范卫星导航定位基准站的建设和运行维护，维护国家地理信息安全，自然 资源部近日公布《卫星导航定位基准站管理办法》(以下简称"《办法》")，自2026年1月1日起施行。 自然资源部有关司局 ...

《办法》提出，卫星导航定位基准站建设应当符合国家相关建设标准。卫星导航定位基准站建设前，建 设单位应当对观测环境、地质构造、安全防护等条件进行评估。建设卫星导航定位基准站需要办理用地 手续的，应当按照土地管理有关法律法规的规定办理。卫星导航定位基准站应当统筹建设配套数据中 心，用于卫星导航定位基准站数据收集、存储、使用、加工、传输、提供。 人民财讯11月18日电，据自然资源部消息，《卫星导航定位基准站管理办法》(简称《办法》)已经2025 年9月4日自然资源部第3次部务会议审议通过，现予公布，自2026年1月1日起施行。 ...

（文章来源：央视新闻） 自然资源部今天（18日）公布《卫星导航定位基准站管理办法》，从明年1月1日起，将对全国卫星导航 定位基准站的建设和运行维护等全链条工作进行统一规范管理。卫星导航定位基准站，是指对卫星导航 信号进行长期连续观测，并通过通信设施将观测数据实时或者定时传送到数据中心的地面固定观测站。 截至目前，"全国卫星导航定位基准站一张网"已由最初的3363座基准站整合扩充到6951座，日定位服务 次数超千万。 ...

Group 1 - The core issue discussed is the temporary loss of GPS signal accuracy when driving on overpasses due to physical obstructions like bridges and buildings, which can interfere with satellite signals [1] - The Beidou system provides stable and precise signals, but complex environments can cause momentary disruptions in signal reception, leading to navigation inaccuracies [1] - When vehicles are on overpasses, the physical structures create "urban canyons" that block direct signals from satellites, resulting in reliance on weaker reflected signals that can mislead the device [1] Group 2 - The article highlights that the Beidou system's high precision can sometimes amplify the fluctuations in positioning data during signal loss, causing further confusion in navigation [1] - It mentions that as ground receiver algorithms improve, the issues related to signal reflection and misjudgment of location will gradually be resolved [1]

Core Viewpoint - Shenzhen Huada Beidou Technology Co., Ltd. (Huada Beidou), a leading provider of space positioning services in China, has officially submitted its application to the Hong Kong Stock Exchange, aiming to become the first stock in the Hong Kong market focused on space positioning services [1][2]. Company Overview - Huada Beidou was established on December 6, 2016, with investments from prominent companies such as China Electronics Corporation, SAIC Motor Corporation, and BYD, among others [1][2]. - The company is closely associated with Sun Jiadong, known as the "father of satellites" in China, with its current chairman being his son [1][2]. Market Position - As of 2024, Huada Beidou's GNSS chip and module shipments are projected to reach 16.1 million units, making it the sixth-largest GNSS space positioning service provider globally and the second-largest among Chinese companies, with a market share of 4.8% [4]. - In the dual-frequency high-precision GNSS chip and module segment, Huada Beidou ranks as the fourth-largest globally, holding a market share of 10.5% [4]. Product Development - The company has completed four generations of product iterations, with its latest HD814X series leading the industry in terms of functionality [3]. - Huada Beidou's chips support multiple satellite systems, including BeiDou, GPS, GLONASS, Galileo, QZSS, and NavIC, enhancing positioning accuracy and overall performance [3]. Financial Performance - Huada Beidou has not yet achieved profitability, reporting losses of RMB 92.61 million, RMB 289 million, and RMB 141 million for the years 2022, 2023, and 2024, respectively [8]. - Revenue for the same years was RMB 698 million, RMB 645 million, and RMB 840 million [8]. Research and Development - The company places a strong emphasis on R&D, with over 42% of its workforce dedicated to this area. R&D expenditures for 2022, 2023, and 2024 were RMB 103 million, RMB 110 million, and RMB 118 million, respectively, accounting for over 40% of total expenditures [9]. - The global GNSS space positioning service market is projected to grow significantly, with an expected market size of approximately RMB 32,450 billion by 2028, reflecting a compound annual growth rate (CAGR) of 9.1% from 2023 to 2028 [9]. Strategic Partnerships - Huada Beidou has established strategic partnerships with leading companies in shared mobility, smart vehicles, and intelligent transportation [5]. - The company plans to integrate its products with international navigation systems, enhancing compatibility and attracting a broader customer base in overseas markets [11].

Core Viewpoint - Shenzhen Huada Beidou Technology Co., Ltd. has officially submitted its listing application to the Hong Kong Stock Exchange, aiming to leverage its leading position in the GNSS chip design and development sector, supported by the BeiDou satellite navigation system [1] Group 1: Company Overview - Huada Beidou is a leader in the space positioning service field, focusing on the design and development of navigation positioning chips that support the BeiDou system and are compatible with major global GNSS systems [1] - The company ranks sixth among global GNSS service providers and second among domestic companies in China, with a market share of 4.8% in 2024, projected to ship 16.1 million GNSS chips and modules [1] - In the dual-frequency high-precision RF baseband integrated GNSS chip and module sector, Huada Beidou holds a fourth global market share of 10.5%, leading among domestic companies [1] Group 2: Financial Performance - The company has shown stable revenue growth, with reported revenues of RMB 698 million, RMB 645 million, and RMB 840 million for the years 2022, 2023, and 2024 respectively [2][3] - Despite fluctuations in losses, the overall trend shows a narrowing of losses, with figures of RMB 92.6 million, RMB 289.1 million, and RMB 141.3 million for the same years [2][3] - Gross profit figures for the same years are RMB 83.7 million, RMB 67.9 million, and RMB 82.0 million, indicating a consistent gross margin performance [3] Group 3: Management and Governance - The company currently has no controlling shareholder or actual controller, with a board consisting of nine directors, including two executive directors, four non-executive directors, and three independent directors [2] - Sun Zhongliang, the chairman and executive director, has been with the company since December 2016 and is responsible for the overall development strategy and major financial and human resource planning decisions [2]

Core Viewpoint - Huada Beidou is a leading provider of space positioning services in China, empowered by the BeiDou satellite navigation system, with significant advantages in chip design and GNSS solutions [3][4]. Group 1: Company Overview - Huada Beidou is headquartered in Shenzhen, China, and specializes in navigation positioning chip design, offering chips and modules that support BeiDou and major global GNSS systems [3]. - The company is recognized as the sixth largest GNSS space positioning service provider globally and the second largest among domestic companies, holding a market share of 4.8% [3]. - In the dual-frequency high-precision RF baseband integrated GNSS chip and module segment, Huada Beidou ranks fourth globally and is the largest in China, with a market share of 10.5% [3]. Group 2: Product Offerings - The company provides a comprehensive range of GNSS chips, modules, and related solutions, catering to various applications including smart transportation, IoT, and meteorological monitoring [4]. - Core products include standard and high-precision chips for consumer electronics, automotive applications, and BeiDou short message satellite communication chips [4]. Group 3: Financial Performance - Revenue for the fiscal years 2022, 2023, and 2024 was approximately RMB 697.997 million, RMB 645.136 million, and RMB 840.286 million, respectively [5]. - The company reported net losses of approximately RMB 92.612 million, RMB 288.916 million, and RMB 141.269 million for the same periods [5]. - Gross profit figures were RMB 83.685 million, RMB 67.919 million, and RMB 81.967 million for 2022, 2023, and 2024, respectively [5].