GEIT Secures Bid for Smart Teller Machine Procurement Project of Guizhou Rural Credit Union

To elevate the overall image of its banking outlets, align with evolving business requirements and boost operational efficiency through technological innovation, Guizhou Rural Credit Union launched the tender for itsSmart Teller Machine (STM) procurement project in the second half of 2020. After fierce competition,GEIT successfully won the bid, demonstrating its profound expertise forged by years of dedication to the financial sector and its strong capabilities in technological innovation.

Guizhou Rural Credit Union traces its roots back to 1952, growing from a small-scale institution to a leading local financial player through sustained development. In December 2003, with the approval of the Guizhou Provincial Party Committee, Guizhou Provincial Government and the China Banking Regulatory Commission (CBRC), the Guizhou Provincial Rural Credit Union (hereinafter referred to as the Provincial Union) was officially established. By the end of 2019, the rural credit system in Guizhou had formed atwo-level legal person system with the Provincial Union as the core, comprising 9 audit centers, 28 county-level unions and 56 rural commercial banks. As of the end of 2019, the entire rural credit system in Guizhou had 28,000 employees, 2,283 business outlets and 16,159 "Village Access" service outlets, building a comprehensive service network covering provinces, cities, counties, townships and villages. It provides convenient and efficient financial services for the general public, especially those in remote rural areas. Guizhou Rural Credit Union has become the financial institution in Guizhou with thebroadest service coverage, largest asset scale, strongest support for agriculture and micro-enterprises, greatest efforts in targeted financial poverty alleviation and most solid inclusive financial services.

Based on the business scenario requirements of Guizhou Rural Credit Union,GEIT leverages its technological innovation advantages and years of accumulated experience in the design and development of financial self-service equipment to tailor-make STMs for the union. These STMs adopt amodular structure and parametric configuration, boasting exquisite manufacturing technology and comprehensive system functions. On the basis of meeting the bank's technical requirements, the overall configuration of the machines has been optimized and upgraded in various aspects, enabling their overall performance to meet the development needs for the coming years. Special considerations have been given to the machines in terms of security, usability, maintainability, reliability and expandability.

In response to the bank's requirement for standardized and unified management of regional styling, a custom-designed cabinet cover solution has been developed. This solution addresses the disorderly layout of self-service equipment with inconsistent heights in traditional outlets, achieving standardized and unified styling for the intelligent transaction areas of the outlets. It not only enhances customers' pleasant service experience but also elevates the overall image of the outlets, and the solution is fully customizable according to customer needs and outlet space dimensions. In addition, the main smart teller cabinet and auxiliary printing cabinet can be flexibly deployed based on the space and functional requirements of different outlets.

For a long time, in line with evolving business needs, Guizhou Rural Credit Union has been consistently advancing technological innovation to boost outlet efficiency and improve user experience. Rooted in rural areas, it remains committed to supporting agriculture and micro-enterprises, responding to national calls for targeted financial poverty alleviation, and steadily advancing the development of inclusive financial services. As a long-term partner of Guizhou Rural Credit Union,GEIT is dedicated to providingone-stop services covering products and customized solutions. As a leading total solution provider with superior products and strong brand influence in the financial self-service equipment sector,GEIT has not only garnered high praise from the bank for the excellent practical performance of its product series and solutions but also earned customers' trust with its professional, timely, comprehensive and thoughtful services. Going forward,GEIT will continue to upgrade product quality and service standards, ensure the safe and stable operation of its products, and strive to make greater contributions to the intelligent construction of the bank's outlets!