The first Chinese ATM R&D Academy officially launched

After more than one year of preparation, the first Chinese ATM R&D Academy,GRG R&D Academy , which is founded by GRG Banking---the NO.1 local ATM brand, started service on 1st Nov. 2010. So far, the GRG Banking ATM industry park has become the ATM manufacturing base with the largest ATM production capacity of the world.


The GRG R&D Academy which occupies a space of about 4000 square meters is recognized as a state level financial electronics technology center. It consists of the R&D Center Office, Institute of ATM, Institute of ATM security, Institute of General Research, Institute of Basic Research, Institute of AFC Research, Institute of Software Research and the Test Center.


In addition to the state of art facilities, the GRG R&D Academy has built a critical mass of expertise, including about 1800 technicians and over 400 senior researchers. Moreover, GRG banking has engaged a lot of well-knownexperts from the Chinese Academy of Science as advisers. The chief scientist of the ATM R&D Academy is the academician Dai Ruwei who is the most authoritative specialist in China in this field.


As a leading and innovative ATM manufacturer, GRG banking has already applied more than153 domestic and international patents by the end of June this year. Many of them fill the technological vacuum of this field. The new academy is expected to further enhance the core technological competence of GRG Banking and to push forward the technological innovation in currency recognition and processing areas. It is also meant to raise the global competitiveness of the whole Chinese ATM industry.