GRG Banking is a Chinese state-owned listed enterprise (SZSE: 002152), specialized in the financial self-service industry. GRG is engaged in R&D, manufacturing, sales and service, software development for ATMs, AFCs and other currency recognition and processing equipment for over 20 years.
GRG Banking is a subsidiary of Guangzhou Radio Group (GRG) that was established in 1957. The Guanzhou Radio Group is a state owned military communication supplier. GRG Banking predecessor is Guangzhou Yun Tong Technology Engineering Limited which was founded in 1989. It was the first domestic ATM equipment manufacturer in China. In 1999, GRG invested in the financial electronics field with Guangzhou government’s support and set up an independent innovation high-tech enterprise - GRG Banking, which began producing ATM of its own intellectual property rights. In April, 2000 GRG Banking successfully passed ISO9001 standard which was the final step in the global market for the company. On 1st Nov. 2010 the first Chinese ATM R&D Academy,GRG R&D Academy was founded by GRG Banking. So far, the GRG Banking ATM industry park has become the ATM manufacturing base with the largest ATM production capacity of the world.
In April 2013 GRG banking passed the certification of the French CIE Cartes bancaires to be able to sell the DT7000H22Nx (ATM) and the DT7000H68Nx (ATM) to the French market.