On August 29, 2018, Hailanxin received a notice from the China Securities Regulatory Commission, Reviewed by the China Securities Regulatory Commission, the M&A and Reorganization Review Committee of the listed company on August 29, 2018, the 41st M&A and Reorganization Committee working meeting in 2018,Hailanxin issued shares to purchase Hailan Lauray assets and related transactions through the audit!

Hailan Laolei is a fund invested by Shanghai Mengyuan Investment Management Center (Limited Partnership), a fund of Yuxiang Capital. Hailan Laolei Industry is a provider of marine survey system solutions. It mainly provides global high-end marine survey instrument system integration and technical services. Its products, technologies and services mainly cover physical ocean, marine surveying and underwater engineering. It is the leading brand of domestic ship navigation system and focuses on the smart ocean business. Long-term supply of integrated navigation systems and shore-based monitoring and management systems to China's salvage, maritime, fishery, sea surveillance and current Chinese marine police.

Beijing Hailanxin Data Technology Co., Ltd. (hereinafter referred to as Hailanxin, stock code: 300065) is a high-tech enterprise established in 2001 based on the field of maritime intelligence and marine information technology. The company was listed on the Shenzhen Stock Exchange on March 26, 2010. Hailanxin follows the research and development concept of “independent research and development, international cooperation and first-class”. Taking the "Navigation Information Technology Engineering Laboratory" as the leader, it has brought together nearly 100 international R&D teams. We have established technical cooperation with Russia, Italy, Norway, Germany and other countries to form a series of ship communication and navigation products and marine telemetry and remote sensing products. More than 80 service outlets have been established in more than 40 countries and regions such as France and Canada. .