BEIJING, Nov. 30, 2020 /PRNewswire/ — Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), one of the global leading spatial-temporal big-data processing technology companies, a leading interactive location-based services company in China, today announced that it won bid for Heilongjiang Institute of Technology (“HIT”) Smart Campus first phase procurement project of USD 1.3 million, which is expected to be completed by the end of this year. The second and third phases will be implemented based on the infrastructure built by the first phase. The amount for the second phase is approximately USD 8 million. As the exclusive service provider for the first phase, it is highly probable that the Company will continue to implement the subsequent phases.
The Company will build a comprehensive digital base for campus smart management and smart educational administration management that integrates software and hardware, all generated data is