(Yicai Global) March 7 -- NavInfo, a Chinese supplier of digital mapping services, said its self-driving map data business has received an order from Great Wall Motor.

NavInfo will provide map data and engine service for some of GWM's vehicles mass-produced between this year and 2027 to make them fully autonomous on city streets, the Beijing-based firm announced yesterday. 

The contract’s value will depend on the number of cars privately owned GWM sells in the five-year period, NavInfo noted, without disclosing further details.

GWM sold almost 1.7 million vehicles last year, 86 percent of which were smart units, according to the Baoding-based automaker.

Founded in 2002, NavInfo was the first firm in China to receive a e-map navigation license and has focused on developing its high-precision mapping business since 2015. Its clients include Chinese joint ventures of BMW, Volkswagen, and Ford Motor

Shares of NavInfo [SHE: 002405] fell 3.3 percent to CNY12.92 (USD1.86) today. The broader Shenzhen market tumbled 2 percent.

Editor: Martin Kadiev