Pathfinder Research Report: Further Consolidating Outdoor Service Platform

Everbright Securities released a research report on Pathfinder in December 15th. Company announcement Green field and overseas Chinese travel Aerospace sign the strategic cooperation agreement of outdoor safety assurance system. In December 11, 2014, the company announced the signing of the strategic cooperation agreement of the outdoor safety assurance system between the greenfield and the Guangdong overseas Chinese airlines. The two sides intend to carry out all-round strategic cooperation on the application of Beidou technology in the field of outdoor sports and emergency rescue, and the establishment of a nationwide commercial outdoor safety assurance network system.

Overseas Chinese aerospace has obtained the "Beidou navigation civilian service sub level qualification" issued by China satellite navigation and positioning application management center. It is committed to providing users with a solution based on satellite navigation and positioning technology. It provides users with Beidou satellite navigation system short message service as core, integrates mobile communication system and Internet, and provides value-added services for registered users, such as navigation and positioning, Beidou short message communication and mobile short message interoperability.

The content of the cooperation involves wearable devices, operation service platforms and mobile APP applications.

(1) jointly develop and popularize Z1 products: Based on the low power and small volume wearable terminal products of Beidou system, it can satisfy the interconnection between Beidou system, mobile communication network and the Internet under the condition of no public network signal coverage. As the exclusive distributor, overseas Chinese aerospace is the exclusive production partner. The cooperation period is 5 years. After 5 years, the green field has the right of preemption. The two will jointly develop other outdoor products based on Beidou navigation and positioning technology.

(2) operation service application platform, overseas Chinese aerospace is responsible for pushing the Beidou short message and positioning data, and the green field is responsible for managing its own users.

(3) mobile APP application.

Z1 is expected to be launched in the first half of 15 years. Operation service At present, in the preliminary design stage. At the same time, the two sides will cooperate to interpret the policies of the state and local governments and jointly declare projects.

This cooperation is conducive to consolidating the construction of outdoor integrated service platform.

(1) at present, Pathfinder has outdoors users in the field of outdoor services, and has outdoors users and Asiatravel as overseas service extension and beauty as offline club. This time, by creating Beidou "real time online" outdoor security platform, it can enhance the comprehensive service ability of the green field in outdoor safety service to users, and solve the worries of public participation in outdoor travel activities. The company's "outdoor integrated service platform" based on the green field network has been further improved.

(2) enhance the product development and application capabilities of the company's wearable business department, and further improve the company's "outdoor ecosystem" by obtaining comprehensive data of users' outdoor sports.

(3) at present, the wearable devices in the field of outdoor safety are scarce. Alice often uses interphones and mobile phones to communicate with each other and is restricted by signals. Z1 products achieve real-time connection without signals. Timely rescue It will be a new breakthrough for the family members to get their location in time.