Transportation Telecommunication & Information Development Inc. Ltd. Zhejiang(300469.SZ) signed a strategic cooperation agreement with Chuyun Jiaotou.

Announcement from Transportation Telecommunication & Information Development Inc. Ltd. Zhejiang (300469.SZ): The company has signed a "Strategic Cooperation Agreement" with Hubei Chuyun Transportation Investment Co., Ltd. (referred to as "Chuyun Investment") on November 15, 2024. Both parties will jointly promote the application and dissemination of technologies such as vehicle-road-cloud and Beidou, as well as data elements. According to the agreement, both parties will jointly develop an integrated solution for vehicle-road-cloud, including vehicle-mounted terminals, roadside sensing devices, cloud control platforms, etc., to achieve efficient collaboration between vehicles, roads, and the cloud. Leveraging CESTransportation Telecommunication & Information Development Inc. Ltd. Zhejiang's technical expertise in the Beidou field, both parties will collaborate to create a variety of products and solutions, including road operation safety management, intelligent road inspection, smart road infrastructure monitoring, integrated positioning, passive Beidou OBU devices, and other lightweight, widely covered innovative solutions for Beidou applications.