4D new: Supply chain-related reports brought by Tesla don’t match the facts

On the evening of January 19th, 4DTu New today announced: “Four-dimensional map new was kicked out of the Tesla supply chain, Tesla announced that it will be replaced with Baidu Map” related reports do not match the facts, Tesla’s in-vehicle navigation online features, does not involve the four-dimensional map of the new tesla to provide Tesla with the car built-in navigation electronic map data and services.

4D new: Supply chain-related reports brought by Tesla don't match the facts

The following is the full text of the new four-dimensional announcement:

Clarification announcement of Beijing 4-dimensional new technology Co., Ltd. on the false reports of the relevant media

The Company and all members of the Board of Directors warrant that the information disclosure is true, accurate and complete, and that there are no false records, misleading statements or material omissions.

Recently, some media published an article entitled “Four-dimensional map new was kicked out of Tesla supply chain, Tesla announced that it will be replaced by Baidu Map”, Beijing 4Dtu New Technology Co., Ltd. (hereinafter referred to as “Company” or “Four Dimensions New”) found that the content of the report does not match the facts, in order to avoid misleading investors, is clarified as follows:

Clarification

Tesla’s tweaks to the in-car navigation line does not involve the four-dimensional map new vehicle built-in navigation electronic map data and services for Tesla.

Since Tesla entered the Chinese market in 2014, 4DTuXin has been providing built-in navigation al-electronic map data and services for Tesla’s entire line of cars. The four-dimensional map’s new product capabilities are exactly the same as Tesla’s brand positioning, with a focus on 100% safety and accurate path planning and navigation guidance.

Four-dimensional map new is China’s navigation electronic map data and services professional manufacturers, with reliable navigation electronic map service quality, for many years has been BMW, Mercedes-Benz and other international top manufacturers of navigation electronic map data suppliers. At the same time, the company’s first order for production of l3-class autonomous vehicle maps for passenger cars in China in 2019 is a testament to the high quality and completeness of the new four-dimensional map data from human-computer interaction map data to the self-driving map data required by the machine.

Four-dimensional tu xin is committed to becoming a trusted provider of intelligent location solutions in the Chinese market and around the world, providing high-quality products for the automotive industry with continuous innovation capabilities.

Second, risk tips

1. As of the date of disclosure of this announcement, the Company does not have any matters that should be disclosed but not disclosed, the Company will continue to pay attention to and follow up the above-mentioned related matters, if there are relevant circumstances, the Company will promptly explain or clarify.

2, the company’s business steadily advanced, the company hereto thank the vast number of investors for their attention and concern, and solemnly remind the vast number of investors: the company designated information disclosure media for the China Securities News, The Securities Times and the CSRC designated information disclosure website Giant Tide Information Network (www.cninfo.com.cn). All information of the Company is based on the information disclosed in the designated media mentioned above, please pay attention to the relevant announcements and pay attention to investment risks.

This announcement is made.

Beijing 4-dimensional new technology Co., Ltd.

Board

January 19, 2020