Armed group denied Ali Beidou navigation project-in cooperation with Alibaba, the armed group, the big-IT news Armed group denied in cooperation with Ali Beidou navigation items

In recent days, " Ali Baba and the Beidou operation service established a joint venture company of the China North Industries Group, the registered capital of around 1 billion " news weapon group navigation technologies North denied the news late yesterday.

Joint venture news, navigation in the North for the second consecutive day trading, Tuesday's close, the Northern navigation limit at 15.17 Yuan. Three consecutive trading day close price deviation from the company's stock value totaled 20%.

Navigation Navigation group of controlling shareholders in the North confirmed that companies there are no undisclosed material information should be disclosed, including but not limited to, material asset reorganization of listed companies, issuing shares, acquisitions, debt restructuring, business restructuring and divestitures and other major issues navigation group is committed to at least the next 3 months would not be planning such major issues.