Hangzhou Jinjiang Technology INC

Hangzhou Jinjiang technology INC. Is a high technology company based on the biometric identification technique. With the investment of Hangzhou Jinjiang Group Co.,Ltd. Hangzhou Jinjiang Technology INC. Was founded in December 2003. The company is engaged in research and development of biometric identification technology as well as the related product development, manufacturing and distribution. The registered capital amounts to RMB30 Million. Now, the company owns 100 staff members and 800 sq meters offices at Hangzhou Hi-Tech Park. Besides, it also owns factory of 5,000 sq meters in the suburbs.

Jinjiang technology is one of the few companies which apply fingerprint identification to commercialized civilian application area. The company developed fingerprint identification algorithms Othumb and LFR3 series of independent fingerprint modules. It realizes functions such as fingerprint recording, image processing, storage, retrieval and comparison without connecting with computer. After putting the fingerprint lock, safe and anti-theft door on the market, the products are highly appraised by the users.

This year, the company attended Asian Metal Hardware Fair in Hong Kong and Canton Fair the first time, it got 30 orders and many trial orders from the foreign customers including MSL company from USA, AVIA Group from Arabian and MGB METRO Group. In domestic market, at the recruitment meeting of regional distribution agent on May 26th, the company signed 40 agent agreements and collected RMB 2 million in deposit. The company will start market sales on September 1st and it is estimated that the total sales will reach 16 million..

Following the strategy conceived by the Board of Director and based on the mature core technology, the company will form 4 business units. They will be security & protection department, office equipment department, certificate service department and system integration department. Each department will have its own commercialization development team and product management team, to be responsible in application development and market development.

In order to reach scale economy, Jinjiang Group will lease 350Mu of land in Wuchang County to build integrated research and production base. The company will consult the development thinking and management method of UTStarcom Company. In three years, the sales will reach RMB 5 billion each year.

Now, the company is going to circulate funds the second time and are looking to the cooperation of suitable strategy investor to develop together and get rich reward.