GRG Banking

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GRG Banking
Public state-owned
Traded as SZSE: 002152
Industry Information technology
Founded 1999
Headquarters Guangzhou, China
Key people
Youyong Zhao (Chairman of the board of Directors), Ziyu Ye, (Managing Director)
Products Hardware, software, IT services and consulting for bank branches and retail stores; including ATMs and electronic point of sale systems
Number of employees

GRG Banking is a Chinese listed state-owned enterprise, specialized in the financial self-service industry. GRG Banking is engaged in R&D, manufacturing, sales and service, software development for ATMs, AFCs and other currency recognition and processing equipment.


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's 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.[citation needed]

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.[citation needed]

In April 2013 GRG banking passed the certification of the French Groupement des Cartes Bancaires CB[1] to be able to sell the DT7000H22Nx (ATM) and the DT7000H68Nx (ATM) to the French market.

In February, 2016 GRG Banking as a leading provider of currency recognition and cash processing solutions. GRG Banking is the No.1 ATM supplier in China market for 8th consecutive year and top 4 in the world. GRG's products and solutions are widely used in over 80 countries and regions worldwide, with over 220,000 machines installed. GRG's comprehensive solutions have been widely used in Finance, Telecom, CIT, and retail sectors. GRG has set up branch offices or subsidiaries in different countries of different areas including USA, Russia, Iran, Ecuador, Vietnam, and etc. Over 30,000 GRG employees throughout the world are working together with our global partners in different countries to provide the best service.




  • IT infrastructure services
  • Managed services
  • Payment solutions
  • Retail solutions
  • Self-service

Notes and references[edit]

  1. ^ "Dernières solutions agréées - Site officiel des Cartes Bancaires CB". Retrieved 2014-04-16. 

External links[edit]