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 è 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 funzionalità avanzate, tra cui un'unità 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 capacità di operare in condizioni estreme.
FingerMotion, Inc. (NASDAQ: FNGR) anunció que su subsidiaria, Shanghai JiuGe Information Technology, ha recibido la certificación nacional del Ministerio de Industria y Tecnología de la Información de China para su Plataforma C2 Integrada Móvil Avanzada. Esta plataforma está integrada con los vehículos SAIC Maxus, creando un vehículo de respuesta a emergencias de última generación.
Se espera que la certificación acelere la distribución de estos vehículos en toda China. Los vehículos de respuesta a emergencias están equipados con características avanzadas que incluyen una unidad de comunicación unificada a bordo, cámaras PTZ inteligentes, comunicaciones por satélite, un vehículo aéreo no tripulado y un sistema de despacho integrado de múltiples redes. Estos vehículos han sido probados con éxito en importantes simulacros de respuesta a emergencias a nivel nacional, demostrando su capacidad para operar en condiciones extremas.
FingerMotion, Inc. (NASDAQ: FNGR)는 자회사인 상하이 지우게 정보기술이 중국 산업정보기술부로부터 고급 모바일 통합 C2 플랫폼에 대한 국가 인증을 받았다고 발표했습니다. 이 플랫폼은 SAIC Maxus 차량과 통합되어 첨단 긴급 대응 차량을 만듭니다.
이 인증은 이러한 차량의 중국 전역 배포를 가속화할 것으로 예상됩니다. 긴급 대응 차량은 통합 차량 내 통신 유닛, 스마트 PTZ 카메라, 위성 통신, 무인 항공기 및 다중 네트워크 통합 배치 시스템 등 고급 기능을 갖추고 있습니다. 이러한 차량은 중요한 국가 수준의 긴급 대응 훈련에서 성공적으로 테스트되어 극한의 상황에서도 작동할 수 있는 능력을 입증했습니다.
FingerMotion, Inc. (NASDAQ: FNGR) a annoncé que sa filiale, Shanghai JiuGe Information Technology, a reçu la certification nationale du ministère de l'Industrie et des Technologies de l'information de la Chine pour sa plateforme C2 intégrée mobile avancée. Cette plateforme est intégrée aux véhicules SAIC Maxus, créant un véhicule d'intervention d'urgence à la pointe de la technologie.
Cette certification devrait accélérer la distribution de ces véhicules à travers la Chine. Les véhicules d'intervention d'urgence sont équipés de fonctionnalités avancées, notamment une unité de communication unifiée à bord, des caméras PTZ intelligentes, des communications par satellite, un véhicule aérien sans pilote et un système de répartition intégré multi-réseau. Ces véhicules ont été testés avec succès lors de grands exercices de réponse aux urgences au niveau national, démontrant leur capacité à fonctionner dans des conditions extrêmes.
FingerMotion, Inc. (NASDAQ: FNGR) gab bekannt, dass ihre Tochtergesellschaft, Shanghai JiuGe Information Technology, die nationale Zertifizierung des Ministeriums für Industrie und Informationstechnologie Chinas für 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 Fluggerät und ein integriertes Mehrnetz-Dispositionssystem. Diese Fahrzeuge wurden erfolgreich bei wichtigen nationalen Notfallübungen getestet und haben ihre Fähigkeit 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: https://fingermotion.com/
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
Safe Harbor Statement
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 (http://www.sec.gov). 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220379
FAQ
What certification did FingerMotion (FNGR) receive for its C2 Platform?
How will the MIIT certification impact FingerMotion's (FNGR) business?
What features does FingerMotion's (FNGR) Advanced Mobile Integrated C2 Platform include?
Has FingerMotion (FNGR) tested its emergency response vehicles in real-world scenarios?
