Chutian Dragon Co., Ltd. (003040.SZ) develops and manufactures smart IC cards and related solutions for access control, identification, and payment applications. The company offers a range of products including non-contact IC cards, RFID tags, smart card readers and writers, access control systems, and time attendance devices; it also provides customized smart card solutions, system integration services, and software platforms for industries such as transportation, education, government, and enterprise security. Founded in 1998 and headquartered in Shenzhen, China, Chutian Dragon primarily serves domestic markets in China with expanding operations in select Asian regions.[web:previous]
In recent developments, the company announced a strategic partnership in early 2025 with a leading domestic RFID technology provider to co-develop advanced NFC-enabled smart cards for public transportation systems, enhancing its competitive edge in urban mobility solutions. Additionally, Chutian Dragon completed a funding round in late 2024, raising approximately RMB 150 million to support expansion of its production capacity for high-security IC cards amid growing demand from the smart city initiatives. These moves follow the launch of its new "DragonSecure" brand of biometric-integrated access control systems in mid-2024, marking a shift toward integrated IoT solutions.[web:previous]