- Business
- Shenzhen MinDe Electronics Technology Ltd (300656.SZ) designs, develops, manufactures and sells barcode scanning instruments and related solutions primarily for automatic identification and data capture (AIDC) applications in China and internationally. The company offers a comprehensive portfolio of products including handheld barcode scanners, cordless barcode scanners, fixed point-of-sale (POS) scanners, fixed industrial scanners, scan engines, image platforms, lightweight data terminals and supporting software tools; it also provides OEM barcode scanner engine integration solutions for AIDC equipment manufacturers such as mobile computers, kiosks and factory process control devices, alongside customization services encompassing decoding software, barcode encryption, resizing, reshaping and OEM production design. These offerings serve key sectors including retail, logistics, industrial manufacturing, e-commerce, postage, medical services and manufacturing, with applications in diverse environments from point-of-sale systems to high-speed industrial processes. Founded in 2004 and headquartered in Shenzhen, China, the company listed on the Shenzhen Stock Exchange GEM board in 2017 and maintains operations focused on laser and image-based scanning technologies. Recent developments include the completion of an additional 10% stake acquisition in Guang Wei Integration Technology Co., Ltd., further stake increases in Zhejiang Guangxin Microelectronics Co., Ltd., a share repurchase program initiated in April 2024 with cumulative purchases through March 2025, plans to divest a 51% stake in subsidiary Shenzhen Junan Hongtu Technology Co., Ltd. to optimize resources, and equipment procurement by its wholly-owned subsidiary MinDe (Lishui) for strategic projects.