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Humpback Whale (Shanghai) Information Technology Co., Ltd. was inaugurated on February 12, 2015

On February 12, 2015, Humpback Whale (Shanghai) Information Technology Co., Ltd, which originated from the navigation and location information service contracting team of China Telecom Besttone Company and was incubated by Tianyi Ventures, was officially inaugurated. Wang Wei, the general manager of Besttone, Zhang Jiehua, the general manager of Tianyi Ventures, and Wang Jiangchuan, the general manager of Humpback Whale, inaugurated the company. Rao Dong and Lu Jiaqing, vice presidents of Tianyi Venture Capital, and Niu Gang and Wang Sheng, vice presidents of Besttone, attended the ceremony. On behalf of Tianyi Ventures, Mr. Lu Jiaqing, Vice President of Tianyi Ventures, congratulated the establishment of Humpback Whale Company. During the incubation period, the project team quickly grew into a competitive entrepreneurial team through professional training, counseling advice from business mentors and their own business practice. At the same time, it also created the most extreme car service for the high-end people of mobile navigation in three aspects: "safe navigation, high-quality data and convenient sharing", which has won the general recognition of the market and users. Lu Jiaqing said, for Humpback Whale, Tianyi Ventures will continue to adhere to the incubation model of "professional incubation + business mentor + angel investment", provide perfect support plans and mechanisms, focus on helping it connect with social capital and resources, connect with group company resources, and devote to make its SNS social navigation products bigger and deeper. Niu Gang, vice president of Besttone Company, said that Besttone Information Service Co., Ltd. handed over the location navigation business of Besttone Company to Humpback Whale (Shanghai) Information Technology Co. We hope that this segment will follow the pace of the mobile Internet era, be more flexible and comply with the rhythm of marketization, and make a world of its own in the field of location services.

The team members of Humpback Whale (Shanghai) Information Technology Co., Ltd. originate from the navigation and location information service contracting team. Over the years, the team has worked diligently and professionally in the field of location navigation, providing quality services for China Telecom internally and externally in the categories of location capability provision, POI data production and processing, and positioning capability, and the Tianyi Navigation product operated by the team has become one of the most influential online style navigation mobile clients in China. With the support of Tianyi Ventures and Besttone Company, Humpback Whale will grow rapidly in the vast mobile Internet ocean and show itself in the location service field.