LKCO - Luokung subsidiary's HD map standards approved in China

Luokung Technology (LKCO) announces its Acquisition Element Model and Exchange Format standard, sponsored by Luokung's subsidiary, has passed the China Society of Automotive Engineering Standards project approval and review process and was approved for official release.The standard, whose development was led by EMG over 16 months, was jointly developed by more than 20 companies.Mr. Xuesong Song, Chairman and CEO, stated, "...It has been a long yet rewarding process to work with so many individuals and teams in the industry who are dedicated to improving the quality of the industry's products, and we look forward to maintaining our leadership position within the industry in the years to come."Shares +3% premarket.

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Luokung subsidiary's HD map standards approved in China