Eastcompeace Technology Co., Ltd. Class A
SSZSE:00201713.49
CNY
+0.37
(+2.82%)
ISIN
CNE000001K32
Return %
Stock
S&P 500
1Y
-47.10
13.14
3Y
33.04
80.78
5Y
69.28
67.74
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Shuiyong Lou
- Full Time Employees
- 1,423
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- No. 8, Pinggong Middle Road Zhuhai GD China 519060
- IPO Date
- Jun 24, 2004
- Website
- eastcompeace.com
- Similar Companies
- Business
- Eastcompeace Technology Co., Ltd specializes in the research, development, production, and sales of smart card products and digital identity security solutions. Its core product portfolio includes a wide range of smart cards such as contact smart cards, contactless smart cards, dual interface cards, magnetic stripe cards, and scratch cards. The company also provides digital security platforms, subscriber identity modules (SIM cards), stored value cards, recharge cards, social security cards, bank cards, and associated read-write terminals. Eastcompeace’s solutions encompass digital identity recognition, digital communication and connection, and digital transaction payment, serving industries such as mobile communications, financial services, government utilities, industrial IoT, automotive networking, consumer electronics, and the internet of vehicles. The company operates primarily in China but offers products and services globally, targeting markets that require secure digital identity and IoT device management. Founded in 2001 and headquartered in Zhuhai, China, Eastcompeace stands as a leading domestic enterprise in the smart card industry with over 20 years of experience and more than 150 patents in the field. The company has invested significantly in research and development, committing around 15% of its revenue annually to innovation. Recent major developments include achieving the world's first GSMA Security Accreditation Scheme (SAS) provisional certification for its eSIM IoT remote manager at its Zhuhai production site, cementing its leadership in digital security for IoT connectivity. Eastcompeace has also been recognized for its digital security identity products at the 2025 Mobile World Congress, receiving a Merit Award and securing a top 8 position globally for its "Greater Bay Area Low-Altitude FlightGuard" drone security management solution. In 2024, the company’s consumer eSIM business surpassed 10 million cumulative transactions, showcasing strong market adoption. Strategic partnerships form a crucial part of Eastcompeace's growth model, including collaborations with technology firms and telecom operators such as Huawei and ZTE to develop intelligent vehicle software and chip adaptation solutions. The company is advancing in areas like AI-driven network optimization, cross-device secure migrations, and QR-based dynamic provisioning for "scan-to-activate" seamless user experiences. Eastcompeace’s offerings comply with various industry standards, including JEDEC industrial, AEC-Q100 automotive, and ETSI TS M2M, targeting diverse demanding environments with products designed for shock resistance, moisture resistance, high temperatures, and EMI protection. The company not only focuses on product innovation but also on comprehensive IoT lifecycle management, delivering end-to-end digital identity and security systems for connected devices and people across multiple sectors. Eastcompeace Technology Co., Ltd is publicly listed on the Shenzhen Stock Exchange under ticker 002017.SZ and continues to expand its leadership in secure digital identity technologies and smart card industry solutions, maintaining a strategic emphasis on innovation and global compliance in digital security for IoT, automotive, and communication industries.