Statement Regarding Relevant Matters
Recently, our company became aware that ComNav Technology Ltd. has been included on a relevant sanctions list issued by the UK government. Our company attaches great importance to this matter and has initiated an internal review. Further verification is currently underway, and the potential impact is being assessed.
Based on a preliminary investigation, ComNav Technology Ltd. has not conducted any business with Russian entities or individuals over the past three years, and its overseas operations have not involved any dual-use products.
ComNav Technology Ltd. is a global high-precision positioning technology company. It has always adhered to compliant and lawful operations, places strong emphasis on export compliance management, and continuously improves its export control compliance system. Our company strictly complies with applicable export control, trade compliance, and other relevant laws and regulations.
ComNav Technology will continue to monitor the development of related matters, actively carry out verification and communication efforts, and safeguard its legitimate rights and interests in accordance with laws and regulations.
ComNav Technology Ltd.
June 17, 2026
About ComNav Technology
ComNav Technology develops and manufactures GNSS OEM boards and receivers for high precision positioning demanded applications. Its technology already been used in a wide range of applications such as surveying, construction, machine control, agriculture, intelligent transportation, precise timing, deformation monitoring, unmanned system. With a team dedicated for the GNSS technology, ComNav Technology is trying its best to supply reliable and competitive products to worldwide customers. ComNav Technology has been listed on the Shanghai Stock Exchange (Science and Technology Board), securities :ComNav Technology (Compass Navigation), Stock code: 688592.
About SinoGNSS®
SinoGNSS® is the official trademark of ComNav Technology Ltd., registered in People's Republic of China, EU, USA and Canada. All other trademarks are the property of their respective owners.
About ComNavTech®
ComNavTech® is the official trademark of ComNav Technology Ltd., registered in People's Republic of China, EU, USA and Canada. All other trademarks are the property of their respective owners.
