China Aerospace System Engineering Co., Ltd.

China Aerospace Science and Industry Corporation (CASIC) is one of Chinas two aerospace groups. China Aerospace Science and Technology Academy of Information Technology (CASIC-IT) is a subsidiary of CASIC, and the main business is focusing on information technology, including Road Electromechanical System, Intelligent Transportation System, satellite navigation receiver and chipset, satellite communication receivers, satellite remote-sensing data processing, and measurement and testing equipment and systems. China Aerospace Systems Engineering Co., Ltd. (CASEC) is a subsidiary of the CASIC-IT, and responsible for promoting CASIC-IT's capabilities and products in international market. The main companies and businesses represented by CASEC are as follows: 1. Guangzhou Aerospace HaiTe System Engineering Co., Ltd. Guangzhou Aerospace HaiTe System Engineering Co., Ltd., established in 1997, with registered capital of RMB 100 million, is a subsidiary company of CASIC-IT, and is among the first companies conducted Road Electromechanical System turnkey projects in China. The company s strength is in highway ETC and MTC network tolling, Road Monitoring, Road Power Supply and Telecommunication, and Tunnel system. In the previous 10 years, the company has completed over 100 projects, with total contract amount over RMB 2.8 billion, among which, 25 projects value is over RMB 50 million. Project examples: Case 1: Qinghai Provincial Traffic IT System Project Check & acceptance expected in 2015. Contract value: RMB 440 million. One center, two networks, four systems. 34 toll stations, 102 ETC lanes. Provincial ETC network operation planning . Case 2: HuNan ETC Project (completed) 114 toll stations. 264 ETC Lanes. 1769 MTCs upgrade. Contract amount over RMB 87 million. Case 3: HeiLongJiang Provincial ETC Project. Check & acceptance expected in 2015. Contract amount over RMB 150 million. Case 4: HeNan Electromechanical System Networking Project Networking Center. Networking 41 sections of Highway. Total 4892 kilometers. Including Tolling, Telecommunication, and Monitoring. 2. Xian Aerospace Huaxun Technology Co., Ltd. The company is the China's first enterprise with successful mass production of GPS navigation chips as well as China's major pioneer and leader in the field of Beidou chip industry with registered capital of RMB 70 million, and is now affiliated with China Aerospace Science and Industry Corporation. Mainly engaged in design, invention, production and sales of GPS/BD navigation chip & module as well as in planning, establishment and implementation of BD navigation system solutions, the company is currently one of the major suppliers of GPS/BD core chip & module in China. 3. Beijing Aerospace Science & Industry Century Satellite Hi-Tech Co., Ltd.(BCS) Please see company' s website for detail. 4. Beijing Aerospace TITAN Technology Company Limited Please see company' s website for detail. 5. Beijing Aerospace Measurement & Control Technology Co., Ltd Please see company 's website for detail.