GRACE TECHNOLOGY starts to recommend banknotes counters and coin counters in China market and win the tenders in China Construction Bank. We became an internal banking equipment supplier in China’s banking system. Some local banks and foreign customers specify GRACE brand as exclusive supplier of their cash handling machines.
GRACE TECHNOLOGY started to develop a new banknote value counter GFC series by our own engineers and start the production banknote counters. This production line started to very busy at the end of this year. Foreign customers visited us for cooperation of bank tenders in 2011 and 2012.
The headquarters of Beijing Grace was set up in Beijing to optimize and improve the various product lines, sort out and classify, and identify all kinds of products under the same GRACE brand.
GRACE TECHNOLOGY developed the South American market of GBS series currency sorters and successfully developed several local companies as our distributors. At present, sales amount grows steadily every year and with complete after-sales service system, which has established a good reputation in the local market. The local brand has gradually recognized the GRACE brand machines.
we offered cash management solutions are listed to provide products and software in China local bank system and CIT system. New solutions for bank development customers: shopping malls, supermarkets, hotels, small convenience stores, etc. We are one of the product and software supporting supplier in China.
GRACE established new branch, for production of currency sorting machines, GBS3500 and GBS4000 have been upgraded for new version. The new touchable full color LCD display attracted more customers and got good feedbacks from market.
GRACE brand 2+1 and 3+1 pocket fitness sorting machines won the customers’ trust and praise from Asian customers. After the consolidation of hardware, we also have deep reserves in software. GRACE developed a financial escort system, the whole process of monitoring software suite developed successfully, and launched a complete set of escort system security solutions. successfully applied to large domestic escort companies, for the banking and financial system security solutions.
The COVID-19 came across the world in 2020, and most of companies have been effected, so as we, but we GRACE brand also launched new products: cash deposit machine and cash deposit module for cash flow management system. We will continue to consolidate the domestic market for the banking system suppliers, to provide better products, more thoughtful service, more reasonable prices.