Leadway Technology Investment Group Limited (Leadway Tech) announced its subsidiary, ACS, has joined the Shenzhen Internet of Things Industry Association (SZIOT) as a vice-chairman member to collaborate with associated companies towards accelerating the development of IoT industry under one common goal.

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Executive Chairman Mr. Yang Weiqi and Secretary General Mr. Zheng Huabing of SZIOT visited ACS and were warmly welcomed by Mr. Zhang Xueqin (Co-Chairman & CEO of Leadway Tech), Ms. Mai Qiqi (DCEO of Leadway Tech), Ms. Xu Tingting (COO of Leadway Tech), Mr. You Laiyong (COO of ACS), Ms. Xie Ying (GM of TapToPay Shenzhen), and Ms. Huang Bizhen (GM of Zhuhai Logyi). The two parties had an in-depth exchange of views during the meeting and a vice-chairman membership plaque was awarded to ACS.

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A leader in the smart card industry, ACS has the technology, expertise and global resources to facilitate an easier adoption of smart card applications in different industries across the globe. “SZIOT is one of the major promoters of the development of IoT technology,” said Mr. You Laiyong, COO of ACS. “Becoming a member of the association ensures ACS is kept up to date with the latest IoT technology. By quickly obtaining IoT industry resources and information and applying these technologies to diverse business challenges, ACS is able to gain a competitive advantage. Moreover, SZIOT brings together various enterprises, organizations and individuals involved in the IoT industry. ACS will have more opportunities to cooperate with them, develop close working relationships of trust, and seek new business partners to identify business opportunities.” 

 

About Leadway Tech

Leadway Technology Investment Group Limited (Leadway Tech, SEHK: 02086) is an investment holding company headquartered in Hong Kong, China. The company business includes R&D, production, sales and investment of projects related to smart IC, smart cities, smart electric charging, digital products and application management systems. In 2015, Leadway Tech was listed on the Main Board of the Hong Kong Stock Exchange. Leadway Tech has two subsidiaries, Advanced Card Systems Ltd. and TapToPay Ltd., with offices in Hong Kong (headquarters), Shenzhen, Zhuhai, Philippines, Japan, and America.

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About ACS
Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Leadway Technology Investment Group Ltd.), founded in 1995, is Asia Pacific's top supplier and one of the world's top 3 suppliers of PC-linked smart card readers, as well as the winner of the Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. ACS was listed several times in Forbes Asia's "Best Under a Billion" list, an inter-industry list comprised of 200 top-performing publicly listed companies in the Asia-Pacific, with sales between US$5 million and US$1 billion. ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. 

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About SZIOT
Shenzhen Internet of Things Industry Association (SZIOT) is a non-profit organization with independent legal entity approved by Shenzhen Municipal Civil Affairs Bureau. As a first-class industry association that aims to serve the IoT industry, enterprises and government, SZIOT undertakes the mission of establishing a “warm, authoritative and influential IoT industrial ecological community”. It strives to promote the rapid development of IoT industry by building a large-scale IoT industrial ecological chain and improving the overall strength and market competitiveness of the industry in Shenzhen.