On June 16, 2017, the cooperation signing ceremony between Shenzhen Beidou Cloud Information Technology Co., Ltd. and Guizhou Geological Engineering Survey and Design Institute was grandly held in Guizhou. Beidou Cloud and Guizhou Geological Engineering Survey and Design Institute signed a strategic cooperation agreement. This signing resulted in the two parties jointly establishing a joint venture company to promote engineering monitoring services based on Beidou and IoT technologies nationwide.