GEIT Becomes Exclusive Supplier for ABC Head Office’s “New Bank Counter Terminal Project”

GEIT has scored another major victory in China’s banking sector, successfully winning the bid for the “New Bank Counter Terminal Equipment Project” led by the Head Office of Agricultural Bank of China (ABC). The company will serve as the exclusive supplier for the project, providing both counter terminal products and supporting services.

This win marks a significant milestone: it follows GEIT’s earlier success in securing China Construction Bank (CCB)’s “Bank-wide Counter Terminal Procurement Project,” making it a repeat winner among the head offices of China’s six major state-owned commercial banks. GEIT and ABC have maintained a strong cooperative relationship for years, and this latest partnership not only showcases GEIT’s robust technological capabilities and IT application innovation but also lays a solid foundation for deeper collaboration in the future.

The winning products underwent strict testing by national-level institutions under China’s Ministry of Industry and Information Technology (MIIT), delivering outstanding performance and powerful functionality. They also stand out for their user-friendliness, reliability, maintainability, and compatibility—key strengths that align with ABC’s operational needs.

As one of China’s largest state-owned commercial banks and a leading comprehensive financial service provider, ABC aims to build a world-class international banking group with distinct features, efficient services, integrated functions, and strong value creation. Boasting over 20,000 domestic branches, ABC offers a wide range of services, including corporate banking, retail banking, financial markets, and asset management, with its business scope extending to investment banking, fund management, financial leasing, and life insurance.

GEIT’s legacy in technology innovation dates back to the late 1960s, when it began developing electronic products. Highlights include the independently developed DJS200/10 computer (a recipient of the National Science and Technology Progress Award) and the 1984 launch of HZ8401—the first Chinese-character terminal in China. This groundbreaking device filled a domestic gap, ending China’s total reliance on imported computer terminals and earning the First Prize of the National Science and Technology Progress Award. In the 1990s, GEIT entered a phase of grouped and diversified development, with its CJ925 and CJ320 series of Chinese-English terminals topping domestic sales charts. As a long-established state-owned enterprise, GEIT remains committed to its mission. It plans to further boost development momentum, leverage its technological expertise and ecological partnerships, and strive for high-quality growth.