JIAXING GLEAD ELECTRONICS CO., LTD. is a wholly owned subsidiary of BEIJING BDSTAR NAVIGATION CO., LTD.(Referred to BDstar) The Company is a national-grade high-tech enterprise professional in the development, production and sales of microwave communications components, which main products include MWDC components and satellite navigation components. The products developed by the Company are mainly applied to the field of microwave communications. Over 30 projects developed by the Company have been approved as Research & Development or Industrialized Projects by the Ministry of Science and Technology, National Development and Reform Commission, Ministry of Industry and Information, etc. Traditionally, the Company focuses on R & D of core technologies and improvement of innovation capability, and has maintained a leading marketing position in the material formula, production technology, and testing technology of MWDC products. The “key technologies for industrialization of LTCC multi-layer microwave ceramic mini frequency devices” owned by the Company has been awarded as the Second Prize of National Advanced Science and Technology; the “development and industrialization project of GNSS active MWDC navigation antenna” developed by the Company has been awarded as the First Prize of Excellent Project and product by China Global Positioning System Technology Application Association. At present, Mr. You Yuan, the Chairman of the Company, is a member in “the expert group of application and industrialization project special for the China's second generation of satellite navigation system.” Glead Electronics is the largest flagship enterprise professional in MWDC products in China, also the only Company owning proprietary intellectual property of high & low temperature microwave ceramic materials and achieving industrialization. The Company has initially established the product chain and R & D system of “material-component-unit product” under the sales concept of component modularization, by extending to the downstream industry actively, thus improving the Company's stable operating capacity and market responsiveness, and strengthening the Company's competitive advantage. The Company has established a multi-system integration of advanced quality management pattern, integrating a series of advanced management systems, in order to ensure that the quality of products and services can meet the requirements from customers. The Company has passed ISO9001 quality management system certification, ISO14001 environmental management system certification and ISO/TS16949 certification. The Company will maintain its leading edge in marketing competition, and develop into the most powerful MWDC component R & D and production base in the Asia Pacific region, by increasing investment in introduction of advanced automated production lines and test equipments, further enhancing its R & D capabilities, perfecting technical support and services, and improving productivity, thus to provide complete technology solutions and products for China's wireless communication and satellite navigation and other related industries, and to establish the Chinese brand of “GLEAD” in the global MWDC component industry in the near future.