GEIT Wins Bid for High-speed Cash Recycling Machine Project of Jilin Rural Credit Cooperatives

Recently, GEIT received the winning notification for the High-speed Cash Recycling Machine (with bill processing) Bidding Project of Jilin Rural Credit Cooperatives (Jilin RCC).

GEIT's high-speed cash recycling machine (with bill processing) offers customizable combinations to meet diverse business needs. Integrating financial self-service technology with teller counter services, it combines cash, non-cash and bill functions, covering over 95% of counter transactions. It ensures cash security, boosts service efficiency, reduces peak-hour queues, cuts transaction and operational costs, minimizes errors, and frees tellers for more customer-facing roles such as marketing and financial advisory services, thereby increasing customer loyalty and revenue. Large-scale deployment of these machines has significantly improved banking efficiency and unlocked the "long-tail effect" in financial services.

Jilin Rural Credit Cooperatives Union, established on May 20, 2004, exercises "service, guidance, coordination and industry management" over rural credit cooperatives province-wide under government authorization. It governs 32 rural commercial banks and 19 county-level unions, with 26,743 employees and 1,631 service outlets, making it the local financial institution with the most extensive network, widest coverage and strongest support for agriculture in Jilin.

At this new historical stage, under the leadership of the Jilin Provincial Party Committee and Government, Jilin RCC will implement the spirit of General Secretary Xi Jinping's important speeches during his inspection tour of Jilin, adhere to the direction of joint-stock reform, continue to serve as the main force in rural finance and county development, strengthen financial support for agriculture, rural areas and farmers, and promote urban-rural integration and comprehensive revitalization of Jilin.

As a total solution provider with strong products and brand influence in the financial self-service equipment sector, GEIT has won high praise from banking clients for its product performance and reliable, professional, timely and comprehensive services. This underscores GEIT's unwavering commitment to its mission of "Leading Financial Self-service through Technological Innovation" through products, solutions and full-range services. GEIT will continue to enhance product quality and service levels, ensuring secure and stable operation to contribute to the intelligent transformation of banking outlets.