Hanwang Technology Co., Ltd. Class A
SSZSE:00236217.03
CNY
+0.60
(+3.65%)
ISIN
CNE100000LW6
Return %
Stock
S&P 500
1Y
-25.41
13.14
3Y
-18.56
80.78
5Y
3.65
67.74
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Chang Ping Liu
- Full Time Employees
- 2,327
- Sector
- Electronic technology
- Industry
- Computer peripherals
- Address
- Hanwang Building Beijing BE China 100193
- IPO Date
- Mar 3, 2010
- Website
- hanwang.com.cn
- Similar Companies
- Business
- Hanwang Technology Co.,Ltd. is a Chinese technology company specializing in handwriting recognition, optical character recognition (OCR), and intelligent interactive products. Established in 1998 and headquartered in Beijing, the company offers a wide range of products including WISEreader portable electronic books; Dictionary Pen multifunctional scanning pens; HWPen devices integrating handwriting technology with electromagnetic induction for handwriting input; professional drawing tablets; Scan Pen text readers; Mini Scanners for mobile office data input; MousePen for writing and reading on screens; and various office application products such as high-speed professional scanners, starter edition scanners, and document cameras. Additionally, Hanwang provides products related to facial recognition (Face Go), C-pen and electronic signature solutions, household indoor air purifiers, and PM2.5 air quality detectors. Its products serve diverse markets including e-government, mobile communications, digital home appliances, education, finance, and personal office applications. In recent years, Hanwang Technology has pursued strategic expansions and acquisitions to strengthen its technological and market position. In 2025, the company agreed to acquire remaining stakes in subsidiaries such as Beijing Yingyan Innovation Technology Development Co., Ltd. and increased its stake in Beijing Hanwang Zhiyuan Technology Co., Ltd., reinforcing its presence in intelligent recognition and technology integration. The company also launched new products, including the world's first EMC-Touch Chip and pen technology under the Penstar brand showcased at CES 2025. Hanwang continues to lead in core independent intellectual property rights in handwriting and OCR technology and maintains dominant market positions with over 70% share in handwriting recognition and 50% in OCR-related markets domestically. Its technology is licensed to international manufacturers, including Microsoft, Nokia, Samsung, Sony Ericsson, and others, supporting a broad global footprint. Hanwang’s operations encompass research and development, IC design, software and information technology services, technology promotion, equity investments, and business applications. It serves both domestic (China) and international markets, particularly in sectors needing advanced character recognition and interactive technologies. The company is recognized for pioneering handwritten Chinese character recognition technology and has received multiple national science and technology awards for its innovations. Hanwang’s continued innovation and strategic corporate developments position it as a leading high-tech enterprise in intelligent recognition technology in China and abroad.