Beijing BDStar Navigation Co., Ltd. (SZSE:002151) agreed to acquire the remaining 10% stake in Beijing BDStar Positioning Co., Ltd. from core employees on September 24, 2020. The transaction was approved by the 42nd meeting of the 5th board of directors of Beijing BDStar on September 24, 2020. Beijing BDStar Navigation Co., Ltd. (SZSE:002151) completed the acquisition of remaining 10% stake in Beijing BDStar Positioning Co., Ltd. from core employees on December 15, 2020. Following the transaction, Beijing BDStar Navigation Co., Ltd holds 100% equity of Beijing BDStar Positioning Co., Ltd.