Recently, the central bank issued a notice to comprehensively promote the application of financial IC cards, pointing out that during the "Twelfth Five-Year Plan" period, the process of chip card chipping will be accelerated, and the application situation of incremental issuance of bank cards based on financial IC cards will be formed. At the end of June this year, the direct POS can accept financial IC cards. The time for the inter-linked POS and ATM of the national commercial banks to accept financial IC cards is the end of 2011, before the end of 2012, and all bank cards will be accepted from 2013. The networked universal terminal can accept financial IC cards. Before the end of June this year, the labor, agriculture, China, construction, exchange and investment, the Postal Savings Bank should start issuing financial IC cards. From January 1, 2013, national commercial banks should start issuing financial IC cards. Analysts believe that the launch of the financial IC card will constitute a long-term positive for the relevant listed companies, at least 5 years, the earliest in the middle of 2011 will be reflected in the statement. Chip makers and card dealers Hengbao, Eastcompeace, Jingyuan Electronics and Datang Telecom are optimistic. Financial IC card brings more than 30 billion yuan market By the end of 2010, the number of bank cards issued was 2.415 billion, an increase of 16.8%. Roughly replacing 2 billion cards with IC cards, each of which is 15 yuan, the existing bank card stock market will be transformed into 30 billion yuan. Coupled with the natural growth of bank cards, bank card changers may bring more than 30 billion yuan. Yuan's market space. The financial IC card industry chain mainly involves IC chips, IC card-making, reading and writing machine manufacturers, software systems and application platform vendors. From the perspective of the market space and competition structure of all links in the industry chain, IC card vendors, chip providers, application platform vendors, and readers and writers are in turn optimistic. Among them, IC card makers have high industry certification thresholds and high barriers. Major manufacturers include Hengbao, Eastcom and Equality. The market share provided by the chip is more concentrated. Currently, the chip providers of financial IC cards are mainly foreign manufacturers, such as STMicroelectronics and Samsung. At present, the domestically obtained PBOC2.0 financial IC chip is qualified for Datang Microelectronics, Fudan Microelectronics, Tongfang Microelectronics (injected into the crystal source electronics) and also provides the ability to meet the PBOC2.0 standard CPU card chip. Gong Juntao, communication group of CITIC Securities Research Department, believes that because financial IC cards involve financial security issues, the scale of promotion may be the same as the second-generation ID card, that is, large-scale adoption of IC chips from domestic manufacturers. Companies such as Tang Telecom will benefit. Terminal machine transformation is fierce It is understood that the first domestic chip card was issued in 2005. As of the end of 2010, the number of cards issued was only 9 million, which is only 0.3% compared with the number of bank cards issued by more than 2 billion cards on the market. This is mainly due to the huge cost of updating the terminal card device environment such as POS machine and ATM. The average POS machine is 400 yuan to 500 yuan each, and the replacement cost of smart card POS terminal and ATM machine is about 2500 yuan/set and 8000 yuan/ station. Therefore, except for ICBC and Bank of Communications, most bank IC card projects are progressing slowly. At present, the number of terminals that can accept PBOC2.0 standard financial IC cards in the national market has exceeded 1 million. It is expected that all the UnionPay direct terminals in this year will be able to accept IC cards. Therefore, the cost of retrofitting instruments and terminals has been digested a large part. Moreover, the competition for reading and writing equipment is relatively fierce. From the current situation of the modification of reading and writing equipment, relevant manufacturers will benefit, but relatively small. At present, A-share related listed companies include Guangdian Express, Royal Bank, Zhengtong Electronics, Xinyada, Nantian Information, Xinguodu, and Starnet Ruijie. Therefore, IC card makers, IC card chip companies, and IC card application platform vendors such as Hengbao, Dongxin Peace, and Jingyuan Electronics have more obvious benefits in the process of bank card rebranding. Note: Bank card chip (IC card) refers to the upgrade from a traditional magnetic strip bank card to a smart chip bank card (IC card). Bank IC cards currently have two major standards: the international EMV standard and the domestic PBOC 2.0 standard. IC cards based on IC chips can not only provide cardholders with safer payment services, but also integrate with social security, medical treatment, identity authentication and other applications that require real names, as well as information such as points, discounts, or other industry information. European Style Gn Pan,European Style Gn Pan Sizes,European Style Stainless Steel Gastronorm Pan,Vogue Stainless Steel Gastronorm Pan Jiangmen Junerte Stainless Steel Kitchenware Co.,Ltd , https://www.jmjetkitchenware.com