- Business
- Newland Digital Technology Co., Ltd. (000997.SZ) develops, manufactures, and sells intelligent terminals and provides digital services focused on payment solutions, data identification, and industry digitization primarily in China with expanding international operations. Founded in 1994 and headquartered in Fuzhou, Fujian Province, the company operates through smart terminal clusters including digital payment terminals such as smart POS machines, smart cash registers, standard POS, code-scanning POS, pan-smart terminals, password keyboards, and self-service devices; and intelligent recognition terminals encompassing barcode scanners, mobile terminals, and interactive kiosks; alongside industry digital clusters offering merchant operations, value-added services, telecom operator digital services, cloud computing, big data processing, and IoT solutions for offline commerce, mobile communications, and high-frequency data scenarios. Subsidiaries like Newland Payment Technology (Newland NPT), Newland AIDC, and Guotong Xingyi support its core offerings in electronic financial payments, automatic identification and data capture, and bank card acquiring services. In recent developments, the company obtained a U.S. MSB license in 2025 to accelerate cross-border payment globalization; Newland NPT secured major procurement projects from China Construction Bank and Bank of Communications for products like the VB80P Payment Cloud Speaker and VB90S Contactless QR Code Box; formed a strategic partnership with NewBold Technologies in December 2025 to distribute Android-based payment terminals in North America; and expanded in Europe via acquisition of NewNote's payment terminal business in France and Spain in 2024, alongside opening a European branch in Spain.