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GRGBanking Shines at China ATMs 2011 Conference

March 29, 2011 in GRG Banking


The China ATMs 2011 Conference, jointly produced by ATMIA and RBR, was held at InterContinental Hotel Financial Street, Beijing on 14th and 15th of March 2011.


GRGBanking shines at China ATMs 2011 Conference
During the 2 days conference, 28 speakers have delivered speeches on various topics including case studies and industrial information exchange by banks, IADs, solution provider and networks from across the Asia-Pacific region. Mr. Song Rui, Senior Manager, from IT Department, Bank of China (China) and Panfeng Luo, Assistant to General Manager, from GRG Banking (China) gave a joint speech on ATM Security Analysis and Defense as well as GRG software holistic security solution SECOneTM.

At the exhibition area, GRG recycler ATM H68NL attracted visitors through OCR technology and excellent deposit/withdrawal performance. High speed deposit machine P2801L made a big noise as it is rare and of advanced functions. Its OCR image tracking technology is also a highlight. Moreover, along with the introduction of “cassettes swapping management replaces cash management”, GRG presented various application modes and cases of this concept in the market.

The participants highly appreciated GRG’s showcase and presentations. “It is remarkable and informative.” one of them said after visited GRG’ booth.

Around 200 visitors had attended the exhibition of this year. According to the organizer, it is the only dedicated ATM conference in China-the world’s fastest growing ATM market, and has become an important gathering for senior decision makers and key players of ATM industry.

About GRGBanking:

Established in 1999, GRGBanking now is a leading currency recognition and cash processing solution provider in China and the global market. We are No. 1 ATM supplier in China and top 10 in the global market, with more than 66,000 ATMs being sold worldwide, and serving customers in over 60 countries and regions.

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GRGBanking net income reported an increase of 24.25% in 2010

March 29, 2011 in GRG Banking

GRG banking

 

GRGBanking net income reported an increase of 24.25% in 2010

 

GRG Banking Equipment Co., Ltd. (SZSE:002152) released audited financial results for 2010 on March 25 in the company’s annual report.

According to the report, the company’s 2010 revenue was US$ 262.9 million, up 15.82% year-over-year; net income rose 24.25% to US$ 80.14 million. Net profit attributable to shareholders grew 22.48% to US$ 72.46 Million and EPS was US$ 0.21, a surplus of 23.01% compared with the same period of 2009.

The revenue of the company in 2010 was mainly generated from sales of ATM products and related service. Operating revenue of ATM products increases by 11.85% with a total amount of US$ 224.75 million.

In the domestic ATM market, the company’s market share continued to grow. In 2010 the company successfully inked two big contacts with Bank of China valued totally at US$93.17 million (CNY 630 million).

In the international ATM market, GRGbanking signed agreements with 51 customers in over 45 countries last year, achieving a significant growth of total contract value. Moreover, the company made a significant breakthrough in European last year, wining a bid for1,250 H68N cash-recycling ATMs, from Ziraat Bankasi-Turkey’s biggest bank and one of the world’s largest bank based on assets

 

GRG Banking Equipment Co., Ltd. is principally engaged in the research, development, manufacturing and distribution of automated teller machines (ATMs), as well as related system software. Established in 1999, GRGBanking now is a leading currency recognition and cash processing solution provider in China and the global market. It is the No. 1 ATM supplier in China and listed top 10 in the global market, with more than 66,000 ATMs being sold worldwide, and serving customers in over 60 countries and regions.

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The first Chinese ATM R&D Academy officially launched

November 2, 2010 in GRG Banking

After more than one year of preparation, the first Chinese ATM R&D Academy,GRG R&D Academy , which is founded by GRG Banking—the NO.1 local ATM brand, started service on 1st Nov. 2010. So far, the GRG Banking ATM industry park has become the ATM manufacturing base with the largest ATM production capacity of the world.

The GRG R&D Academy which occupies a space of about 4000 square meters is recognized as a state level financial electronics technology center. It consists of the R&D Center Office, Institute of ATM, Institute of ATM security, Institute of General Research, Institute of Basic Research, Institute of AFC Research, Institute of Software Research and the Test Center.

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Welcome to the ATMBC!

August 10, 2010 in ATMBC News, General

Automated Teller Machines Business Club

Welcome to this new platform, created for all ATM specialists.

We are the new ATM business social networking site you are looking for!

We invite you to register with us, it is free of charge and you can create your business network connecting to other ATM specialists.`

Join today! Free of charge!

- You are searching hard to find ATM parts?

- You want to sell some ATM parts?

- You need technical help to solve a problem with an ATM?

Enter the fast growing network to be in the heart of the ATM industry.

We are brand new, up since August 09th 2010 but we feel that there is a need for a fresh new business club like this…

Please spread the word about us and invite your colleagues and business partners to join too.

The possibilities:

- Communicate

- Create new contacts

- Create discussion groups

- Communicate with other members without paying a huge monthly fee

- Publish the ATM parts you want to sell or you need to buy

You are in the banking industry, dealing with money counters, printer ribbons, cheque readers etc? You are most welcome!