FingerMotion's Advanced Command and Communication (C2) Platform Awarded National Certification from China's Ministry of Industry and Information Technology
FingerMotion, Inc. (NASDAQ: FNGR) announced that its subsidiary, Shanghai JiuGe Information Technology, has received national certification from China's Ministry of Industry and Information Technology for its Advanced Mobile Integrated C2 Platform. This platform is integrated with SAIC Maxus vehicles, creating a state-of-the-art emergency response vehicle.
The certification is expected to accelerate the distribution of these vehicles across China. The emergency response vehicles are equipped with advanced features including a unified in-vehicle communications unit, smart PTZ cameras, satellite communications, an unmanned aerial vehicle, and a multi-network integrated dispatch system. These vehicles have been successfully tested in major national-level emergency response drills, demonstrating their ability to operate in extreme conditions.
FingerMotion, Inc. (NASDAQ: FNGR) ha annunciato che la sua sussidiaria, Shanghai JiuGe Information Technology, ha ricevuto la certificazione nazionale dal Ministero dell'Industria e della Tecnologia dell'Informazione cinese per la sua Piattaforma C2 Integrata Mobile Avanzata. Questa piattaforma 猫 integrata con i veicoli SAIC Maxus, creando un veicolo di emergenza all'avanguardia.
La certificazione dovrebbe accelerare la distribuzione di questi veicoli in tutta la Cina. I veicoli di emergenza sono dotati di funzionalit脿 avanzate, tra cui un'unit脿 di comunicazione unificata a bordo, telecamere PTZ intelligenti, comunicazioni satellitari, un veicolo aereo senza pilota e un sistema di dispatch integrato multi-rete. Questi veicoli sono stati testati con successo in importanti esercitazioni nazionali di risposta alle emergenze, dimostrando la loro capacit脿 di operare in condizioni estreme.
FingerMotion, Inc. (NASDAQ: FNGR) anunci贸 que su subsidiaria, Shanghai JiuGe Information Technology, ha recibido la certificaci贸n nacional del Ministerio de Industria y Tecnolog铆a de la Informaci贸n de China para su Plataforma C2 Integrada M贸vil Avanzada. Esta plataforma est谩 integrada con los veh铆culos SAIC Maxus, creando un veh铆culo de respuesta a emergencias de 煤ltima generaci贸n.
Se espera que la certificaci贸n acelere la distribuci贸n de estos veh铆culos en toda China. Los veh铆culos de respuesta a emergencias est谩n equipados con caracter铆sticas avanzadas que incluyen una unidad de comunicaci贸n unificada a bordo, c谩maras PTZ inteligentes, comunicaciones por sat茅lite, un veh铆culo a茅reo no tripulado y un sistema de despacho integrado de m煤ltiples redes. Estos veh铆culos han sido probados con 茅xito en importantes simulacros de respuesta a emergencias a nivel nacional, demostrando su capacidad para operar en condiciones extremas.
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FingerMotion, Inc. (NASDAQ: FNGR) a annonc茅 que sa filiale, Shanghai JiuGe Information Technology, a re莽u la certification nationale du minist猫re de l'Industrie et des Technologies de l'information de la Chine pour sa plateforme C2 int茅gr茅e mobile avanc茅e. Cette plateforme est int茅gr茅e aux v茅hicules SAIC Maxus, cr茅ant un v茅hicule d'intervention d'urgence 脿 la pointe de la technologie.
Cette certification devrait acc茅l茅rer la distribution de ces v茅hicules 脿 travers la Chine. Les v茅hicules d'intervention d'urgence sont 茅quip茅s de fonctionnalit茅s avanc茅es, notamment une unit茅 de communication unifi茅e 脿 bord, des cam茅ras PTZ intelligentes, des communications par satellite, un v茅hicule a茅rien sans pilote et un syst猫me de r茅partition int茅gr茅 multi-r茅seau. Ces v茅hicules ont 茅t茅 test茅s avec succ猫s lors de grands exercices de r茅ponse aux urgences au niveau national, d茅montrant leur capacit茅 脿 fonctionner dans des conditions extr锚mes.
FingerMotion, Inc. (NASDAQ: FNGR) gab bekannt, dass ihre Tochtergesellschaft, Shanghai JiuGe Information Technology, die nationale Zertifizierung des Ministeriums f眉r Industrie und Informationstechnologie Chinas f眉r ihre fortschrittliche mobile integrierte C2-Plattform erhalten hat. Diese Plattform ist mit SAIC Maxus-Fahrzeugen integriert und schafft ein hochmodernes Einsatzfahrzeug.
Die Zertifizierung wird voraussichtlich die Verteilung dieser Fahrzeuge in ganz China beschleunigen. Die Einsatzfahrzeuge sind mit fortschrittlichen Funktionen ausgestattet, darunter eine einheitliche Kommunikationseinheit im Fahrzeug, intelligente PTZ-Kameras, Satellitenkommunikation, ein unbemanntes Flugger盲t und ein integriertes Mehrnetz-Dispositionssystem. Diese Fahrzeuge wurden erfolgreich bei wichtigen nationalen Notfall眉bungen getestet und haben ihre F盲higkeit unter extremen Bedingungen bewiesen.
- Received national certification from China's MIIT for Advanced Mobile Integrated C2 Platform
- Certification expected to expedite distribution of emergency response vehicles China-wide
- Successful participation in major national-level emergency response drills
- Advanced features include satellite communications and unmanned aerial vehicle integration
- None.
Insights
The certification of FingerMotion's Advanced Mobile Integrated C2 Platform by China's MIIT is a significant milestone in the emergency response technology sector. This platform, integrated with SAIC Maxus vehicles, represents a leap forward in mobile command and communication capabilities.
The system's ability to operate in extreme conditions and during network outages addresses a critical need in disaster management. The combination of satellite communications, smart cameras and drone technology creates a comprehensive situational awareness package that could drastically improve emergency response efficiency.
From a market perspective, this certification opens up substantial opportunities for FingerMotion in China's vast emergency services sector. As the first of its kind, it gives the company a competitive edge and potential for significant market share capture in this specialized vehicle segment.
This certification positions FingerMotion at the forefront of a niche yet important market in China. The emergency response vehicle sector, while specialized, has substantial growth potential given China's vast geography and frequent natural disasters.
The collaboration with SAIC Motor, a major player in China's automotive industry, lends credibility and manufacturing scale to FingerMotion's technology. This partnership could lead to faster market penetration and potentially lucrative government contracts.
Investors should note that while this development is promising, the revenue impact may take time to materialize. The sales cycle for specialized government vehicles is typically long and initial orders may be as agencies test and evaluate the technology.
While this certification is a positive development for FingerMotion, investors should approach with cautious optimism. The company's stock (NASDAQ: FNGR) may see a short-term boost, but long-term value will depend on successful commercialization and adoption of the technology.
Key financial metrics to watch in upcoming quarters include revenue growth, order backlog and profit margins related to this new product line. The capital-intensive nature of vehicle manufacturing and technology integration may pressure short-term profitability, but could lead to higher margins in the long run if economies of scale are achieved.
Investors should also monitor FingerMotion's cash position and burn rate, as ramping up production and sales efforts for this new product line may require significant capital investment.
Singapore, Singapore--(Newsfile Corp. - August 19, 2024) - FingerMotion, Inc. (NASDAQ: FNGR) (the "Company" or "FingerMotion"), a mobile services and data company, today announced that the Advanced Mobile Integrated C2 Platform, developed by Shanghai JiuGe Information Technology Co., Ltd. ("JiuGe Technology") and integrated with the Maxus vehicles produced by SAIC Motor Corporation Limited ("SAIC Maxus"), has officially received national certification from China's Ministry of Industry and Information Technology ("MIIT"). As the first certification of its kind, it is expected to allow JiuGe Technology to expedite the distribution of the emergency response vehicles China-wide.
"We are proud to receive this certification from the Ministry of Industry and Information Technology", said Martin Shen, CEO of FingerMotion. "This national certification from MIIT confirms the platform's quality, reliability, and advanced technological features, allowing us to begin assembling and rolling out the vehicles with our platform and equipment. We remain strongly committed to developing and deploying innovative, cost-effective and quick-to-deploy solutions that address the critical needs of government agencies and first responders."
Since 2023, JiuGe Technology has been working closely with SAIC Maxus to design and develop a highly operational, advanced and cost-effective civil emergency response vehicle. Engineered to revolutionize the way emergency response is conducted in China, the vehicle is a fully self-contained and independent platform that can handle the most difficult terrains, extreme climate conditions and public communication network outages.
The SAIC Maxus pickup truck is equipped with the Advanced Mobile Integrated C2 Platform featuring a unified in-vehicle communications unit, smart PTZ (pan-tilt-zoom) cameras, a satellite communications terminal, an unmanned aerial vehicle and a dispatch system integrated with multiple networks. This will allow the transmittal of accurate, critical information to be performed in real-time, enabling effective decision-making and resource planning.
Furthermore, JiuGe Technology has participated and tested these vehicles in major national-level emergency response drills, such as the recent Jinhua National Emergency Mission 2024 and Huzhou Anji Mountain Emergency Drill. During these exercises, the vehicles showcased their exceptional ability to navigate extreme conditions, ensuring that emergency response agencies can rely on these vehicles and the platform to operate effectively in any environment.
About FingerMotion, Inc.
FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets.
For more information on FingerMotion, visit:
Company Contact:
FingerMotion, Inc.
For further information e-mail: info@fingermotion.com
Phone: 718-269-3366
Investor Relations Contact:
Skyline Corporate Communications Group, LLC
Scott Powell, President
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: info@skylineccg.com
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Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States securities laws. These statements relate to analysis and other information that are based on forecasts or future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". We have based these forward-looking statements on our current expectations about future events or performance, including expected revenues. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to: international, national and local general economic and market conditions; demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to manage its VIE contracts; the ability of the Company to maintain its relationships and licenses in China; adverse publicity; competition and changes in the Chinese telecommunications market; fluctuations and difficulty in forecasting operating results; business disruptions, such as technological failures and/or cybersecurity breaches; and the other factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (). There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The forward-looking statements included in this release are made only as of the date hereof. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Report Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of any offer to buy our securities.
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FAQ
What certification did FingerMotion (FNGR) receive for its C2 Platform?
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What features does FingerMotion's (FNGR) Advanced Mobile Integrated C2 Platform include?
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