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On September 8, 2025, NavInfo (002405.SZ) announced that the company is planning an external investment and intends to participate in the new round of financing of PhiGent Robotics Limited, the parent company of Beijing PhiGent Technology Co., Ltd., in the form of cash and assets. After the transaction is completed, the intelligent driving businesses of both parties will be integrated to provide automotive companies with intelligent driving services covering low, middle, and high levels based on the Horizon and Qualcomm platforms. Currently, this matter is in the due diligence, auditing, and evaluation stages. After the specific cooperation details are clarified, the company will follow the corresponding decision-making and approval procedures and fulfill its information disclosure obligations in a timely manner.
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