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| BDStar Navigation Holds First Public Share Roadshow Online |
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Beijing BDStar Navigation Co., Ltd. went public at Shenzhen Stock Exchange (Share code: 002151). The company started calling for capital on Jul. 20th, issued new shares online on Jul. 30th at RMB 12.18 per share and p/e ratio of 29.99. BDStar Navigation specializes in satellite navigation and positioning products, location based information system business and location based information service. (7-27-2007) Comments: China has launched 5 BD navigation satellites, and BDStar Navigation is the first one obtaining BD operation license. The listing of the company at Shenzhen Stock Exchange displays a large capacity of the satellite navigation market, which is fairly encouraging. China Navigation Engineering Center will introduce the latest progress of China Bei Dou Satellite Navigation for the first time at NaviForum Shanghai to be held in the coming Dec. NaviForum website offers you more details and updates.
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| Time:2007-08-01 |
Source:NaviForum Shanghai News Center |
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