GRG Expands into the Field of ATM Service Outsourcing

GUANGZHOU, CHINA-GRG owned subsidiary Guangzhou Suitong Financial Service Co., Ltd., announced its foundation at the first Board of Directors Conference on Jan. 6, 2009.
In the past two years, the development of ATM deployment and strategic change of financial institutions on cost control makes ATM service outsourcing a spotlight as a new margin growth point. Invested by GRG, Guangzhou Suitong Financial Service Co., Ltd is committed to ATM outsourcing service including ATM maintenance and cash replenishment, cash in transit service and sorting service.

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GRG has maintained robust growth in 2008 despite the financial crisis, topping the list of yearly installation base in domestic market. The foundation of Suitong is another strategic move towards multi-development goal.