Shanghai Huaming Intelligent Terminal Equipment Co.,Ltd. was founded in 2001 and listed in May 2015 (stock code: 300462). In 2019, Huaming acquired 100% equity of Beijing Juli Science & Technology Co.,Ltd. and thus became involved in the all-round ETC business in the transportation industry. Huaming is the earliest high-tech enterprise specializing in R&D, production and sales of Automatic Fare Collection (AFC) terminal equipment in China, and one of the main drafting units of the national standard Technical Conditions for Urban Rail Transit Automatic Fare Collection (GB/T20907-2007). Huaming has 68 domestic patents that have been authorized. The company's products mainly include Ticket Vending Machine (TVM), Automatic Gate Machine (AGM), Self-service Inquiry Machine (SIM), Fare Adjustment Machine (FAM), Booking Office Machine (BOM) and Encode Sorter (ES), etc., which are mainly applied in the transportation fields including rail transit, bus rapid transit (BRT), and bus stations. Huaming has been independently developing automatic fare collection equipment since the end of last century, and has developed more than 20 core modules of various standard AFC equipment, including various barrier modules, thin ticket issuing modules and recycling modules, token ticket issuing modules and recycling modules, coin handling, recycling and dispensing modules. It has obtained a number of national invention patent authorizations and software copyright registrations, and has widely applied them to domestic and foreign metro projects. Huaming has a complete system of R&D, production, construction, and technical service of AFC equipment. The R&D includes software and hardware development and mechanical structure design. The company is capable of leading the personalized and innovatice demands of the AFC industry. Continuous and creative product development is the guiding ideology of the company's survival and development. Huaming has highly specialized product manufacturing technology and craft, and advanced CNC equipment for sheet metal processing. It has accumulated rich experience in the design and manufacturing of complete equipment, as well as the integrated assembly of complete machines and key modules. Huaming is capable of simultaneously undertaking R&D, production and on-site construction of multiple rail transit AFC projects. The rail transit AFC equipment supplied by Huaming has been put into use in Shanghai, Beijing, Guangzhou, Tianjin, Xi'an, Shenyang, Zhengzhou, Nanchang, Hefei and other domestic cities. Besides the main business of rail transit AFC equipment, Huaming also supplies access control systems and gates to hundreds of university libraries in China, including the library of Peking University. It also supplies AFC equipment to BRT projects in Xiamen, Urumqi, and Jinan. What's more, it supplies ticketing systems and system equipment to dozens of tourist attractions such as the Shanghai Expo Park and Hangzhou Leisure Expo Park. And it provides high-grade access control system gates and other equipment to dozens of office buildings including the Shanghai Futures Exchange building and Bank of Communications Shanghai Headquarters building. Huaming has a highly educated, innovative and cooperative young team who are good at global operations. The company advocates cooperation in the same industry and international cooperation.