- Business
- Shandong New Beiyang Information Technology Co., Ltd. (SNBC) engages primarily in the research, development, production, sales, and service of smart equipment and integrated solutions for industries including smart banking, smart logistics, retail automation, healthcare, transportation, and government affairs. The company offers special thermal printing and scanning equipment such as receipt printers, label printers, embedded printers and scanners, kiosk printers, and impact printers; intelligent self-service terminals including smart vending machines, smart micro-supermarkets, refrigerated display cabinets, parcel lockers, and smart food pickup lockers; smart financial equipment comprising teller cash recyclers, banknote sorters, cash deposit modules, and automatic sorting systems; intelligent logistics equipment such as parcel sorting systems; and key basic components like thermal print heads. SNBC serves global customers across finance, logistics, retail, and other sectors, with exports to Europe, North America, Asia-Pacific, and operations centered in China. Founded in 2002 and headquartered in Weihai, Shandong Province, China, at No. 126 Kunlun Road, Huancui District, the company listed on the Shenzhen Stock Exchange's SME board in 2010 (ticker: 002376.SZ). In recent developments, SNBC launched its "Second Startup" transformation in 2015 toward smart device solutions, expanded smart logistics with parcel lockers in 2015, entered smart banking with teller machines in 2016, grew retail automation via vending solutions in 2017, advanced parcel sorting systems in 2019, established a self-service retail terminal production base with 100,000-unit annual capacity in 2021, and continues promoting printing and scanning innovations as highlighted in its July 2025 events; additionally, a subsidiary secured a bid for China Construction Bank's bill sorting machines in 2025, while the company approved a 2024 cash dividend payable in May 2025 and reported revenue and net income growth for the first nine months of 2025.