Recently, Duolun Technology invested RMB 30 million to Beijing Traffic Data Science and Technology Co., Ltd. (hereinafter referred to as Traffic Data), accounting for 4.62% of the equity of Traffic Data after the capital increase.

Strategic Investment Solidifies the Foundation for Development

Duolun Technology’s investment is based on the its “four verticals and one horizontal” system management strategy (people, vehicles and roads). It is both strategic layout extending to the down-stream high-quality enterprises and strategic investment after its investment to Hunan BYNAV Technology Co., Ltd. This lays a foundation for its next resource integration and industrial development.

 Traffic Data: An Invisible Unicorn Company

Founded in 2010, Traffic Data is a leading provider of traffic data and products and services of HD Map. It has two complementary business modules: Traffic Data and Bright Map, which develop together. Traffic Data is the largest traffic data service provider in China. Bright Map holds the 18th Class-A qualification for the production of electronic navigational map in China. It is an invisible unicorn company in the field of domestic autonomous driving and a member of the national C-V2X (cellular vehicle-to-everything) working group.

Traffic Data Passes the C-V2X New Test of Four Standards

Typical Application of Traffic Data’s Intelligent Web-Based HD Map

Traffic Data has a R&D center, a production center and a marketing center. The services of Traffic Data mainly include traffic survey, infrastructure inspection, construction of traffic model, big data analysis and software development platform. These services provide complete solutions for each city in terms of traffic data, tool development and capacity building.

Bright Map undertakes the mission of “becoming the top national brand of HD Map”, and provides products of HD road map and HD parking-site map. Its products are mainly used in transportation industry, urban traffic management, vehicle manufacturing and pre-loading map, etc. It has established cooperation with many enterprises and institutions in China, which produces remarkable effect in practice.

Deep Application: Advancing the Industrial Development via Cooperation

In the future, Duolun Technology will start a deep strategic cooperation with Traffic Data in the fields of intelligent transportation, intelligent vehicle management and intelligent driver training. In the field of driving test and driving training, we will improve our mapping ability on the basis of Traffic Data’s strength in road data collection and 3D HD Map production to jointly realize the upgrading and renewal of the applications based on HD Map.

In the field of intelligent transportation, Duolun Technology will utilize the underlying capability of HD Map to apply it in solutions of urban traffic situational awareness and display, traffic signal improvement, traffic facility management & operation and maintenance, traffic safety and traffic accident analysis, traffic emergency guidance and control, safety-oriented and efficiency-oriented vehicle-road collaborative services, etc. to realize the system’s overall improvement of information display, information analysis and systematic efficiency.

The strategic investment will boost the rapid development of the intelligent vehicle management and intelligent transportation of Duolun Technology, and will further accelerate the industrial application and landing of HD Map in real life to jointly promote the rapid development of the intelligent transportation industry. Duolun Technology will also depend on the development strategy, focus on the industry chain of transportation, and cooperate with various social resources to explore an innovative development model and improve its management capability, innovation capability and profitability.