- Business
- Tungkong Inc. (002117.SZ) engages in specialty printing, security solutions, and technical services in China. The company offers commercial ticket printing, data processing printing and mailing packaging, personalized color printing, commercial label printing including anti-counterfeiting labels and smart labels, smart card manufacturing and personalized processing, RFID smart tags, electronic tickets and e-invoices, file storage and digitization, and robotics and AI technology services; it serves government agencies, financial institutions, banking, insurance, taxation, telecommunications, transportation, healthcare, social security, retail, and other sectors. Founded in 1996 and headquartered in Jinan, Shandong Province, Tungkong operates through holding subsidiaries such as Donggang Ruiyun Data Technology Co., Ltd., Beijing Donggang Safety Printing Co., Ltd., Shanghai Donggang Data Processing Co., Ltd., and Beijing Ruihong, with primary activities focused on the domestic Chinese market. In recent developments, its subsidiary Beijing Ruihong signed a framework cooperation agreement with Alibaba Cloud to jointly promote and sell AI and robotics products, leveraging strengths in artificial intelligence, embodied intelligence, robotics R&D, and cloud computing; Tungkong increased capital in Beijing Ruihong to support new product research and development, market expansion, and development of Asia Vets robot products; the company continues to emphasize wheeled robot products for stability, reliability, and cost-performance in professional vertical fields, alongside ongoing R&D in Siasun Robot & Automation and smart digital humans.