In the future, the parties will use the Golden Harvest Borg Financial Technology Center in Zhuhai as a platform to seize the development of the “Belt and Road” initiative and the development opportunities of the Guangdong, Hong Kong and Macau Bay Area, integrate industrial innovation resources, and promote innovation in financial science and technology. In areas such as the Internet of Things, we have expanded extensive cooperation, actively expanded global financial outsourcing service programs, and established internationally competitive innovation technology exchanges and financial technology industry docking platforms.
According to reports, Goldpac is the world's leading provider of financial intelligence service solutions, ranking first in China in the payment solutions industry and fourth in the world. The company's business spans 25 countries and regions in the world, and has reached more than 1,000 home and abroad companies. Medium-sized financial institutions provide secure payment products and services. Earlier this year, Jinbangda independently developed financial IC card products based on Chinese-made chips and loaded state secret algorithm. They officially passed the EMV (namely, the three major bank card organizations VISA, MasterCard and Europay). The establishment of a unified technical standard) organization certification, marking the company's domestic chip-based financial IC card products have full strength to enter the overseas market.
At present, China's IC industry is rapidly catching up with international advanced level. Independent innovation and deep integration of the industry chain are important directions for the development of the industry. As a well-known supplier of smart cards and IoT security chips and application solutions in China, Huada Electronics insists that Science and technology innovation is the core driver, and we will vigorously develop our own core technology. This time, we will work together with Jin Bangda. Both parties will rely on their respective strengths to continuously deepen cooperation areas, promote the deep integration of the industry chain, and contribute to the leap-forward development of China's integrated circuit industry.
At the same time, Jin Bangda will join hands with Ziguang Guo Micro-Strong Co., Ltd. and both parties will further deepen cooperation, increase innovation technology, innovate product development and promotion, and promote the development opportunities in Guangdong, Hong Kong, and Macao Bay Area, and actively participate in the 'Belt and Road' initiative. The construction will help China's financial outsourcing service industry to accelerate to the high-end of the global value chain, and further promote the application of 'China Core' throughout the world.