Breaking Down Eastcompeace Technology Co.,ltd Financial Health: Key Insights for Investors

Born in 1998 and listed on the Shenzhen Stock Exchange in 2004, Eastcompeace Technology Co., Ltd. (stock code 002017.SZ) has grown into the largest domestic listed smart-card enterprise with a registered capital of 218 million yuan, serving more than 80 countries and regions through subsidiaries in China, Singapore, Bangladesh and India and a global workforce of over 2,000 employees; driven by a clear mission to be the world's leading supplier of smart card solutions, a vision to push smart-card information security and system integration onto the global stage, and core values centered on technological innovation, uncompromising quality (Venus International Quality Leadership Award), customer satisfaction, sustainability and ethical governance, Eastcompeace targets high-margin growth areas such as high-end telecommunications products, EMV banking cards and contactless solutions while upholding social responsibility, IP protection and a people-oriented workplace

Eastcompeace Technology Co.,ltd (002017.SZ) - Intro

• Founded: 1998
• Listed: Shenzhen Stock Exchange, 2004 (002017.SZ)
• Registered capital: 218 million RMB
• Global reach: products/services to >80 countries and regions
• Workforce: >2,000 employees across China, Singapore, Bangladesh and India
• Industry recognition: National Torch Plan Key High‑tech Enterprise; key state software enterprise

• Mission
  • Provide secure, reliable and innovative smart‑card and integrated solutions that protect digital identity and transactional trust for governments, financial institutions and enterprises worldwide.
  • Advance secure payment and identity ecosystems through technology leadership, quality manufacturing and scalable system integration.

• Vision
  • To be the world's trusted partner in secure identity and payment technologies - enabling seamless, trustworthy digital interactions across public and private sectors.
  • Drive global adoption of interoperable, high‑security card and system solutions while expanding into adjacent IoT and credentialing domains.

• Core values
  • Security first - prioritize data protection and product integrity across design, manufacturing and service.
  • Quality and compliance - meet rigorous domestic and international standards through certified processes and continuous improvement.
  • Customer centricity - tailor solutions to long‑term operational needs of telecom, finance, government and enterprise clients.
  • Innovation - invest in R&D and smart‑card technologies to sustain leadership in evolving payment and identity markets.
  • Global collaboration - build partnerships and local presence to deliver dependable support in target regions.

Eastcompeace Technology Co.,ltd (002017.SZ) - Overview

• Mission: Become the world's leading supplier of smart card solutions and systems by delivering secure, innovative, and customer-centric products across communications, finance, payments and government sectors.
• Strategic focus: Leverage advancements in broadband mobile communications, e-payments and identity/security platforms to expand product suites and solutions.
• Quality & recognition: Maintain rigorous quality management and certifications - recipient of awards such as the Venus International Quality Leadership Award.
• Sustainability: Commit to environmentally conscious manufacturing, lifecycle management of products and responsible supply-chain practices.

• Customer-centricity - prioritize long-term client relationships and tailored solutions for telco, banking and government customers.
• Technological leadership - continuous investment in cryptography, secure elements, SIM/eSIM, NFC and trusted execution environments.
• Quality excellence - strict QA, industry certifications and international awards (e.g., Venus International Quality Leadership Award).
• Integrity & compliance - adherence to financial security standards, data protection and export controls.
• Sustainability & social responsibility - resource-efficient manufacturing and responsible product lifecycle practices.

• Smart card shipments: millions of units annually across payment, telecom and ID markets.
• eSIM & secure module deployments: expanding year-on-year as carriers and IoT vendors adopt remote provisioning.
• Public-sector projects: secure ID and government-service integrations in multiple provinces and municipalities.
• Global footprint: exports and partnerships across APAC, EMEA and Latin America for card personalization, secure elements and system integration.

Eastcompeace Technology Co.,ltd (002017.SZ) - Mission Statement

• Global ambition: build a world-renowned brand for smart card products, system integration and end-to-end solutions.
• Security-first: commit to the continuous development of the smart-card information security industry through R&D and product certification.
• Global reach: provide safe, qualified products and services to more than 80 countries and regions.
• Product strategy: expand high-margin offerings - high-end telecommunications products, EMV banking cards, and contactless cards - while maintaining communications advantages.
• Innovation focus: seize market and technology opportunities to accelerate internationalization and deepen service capability as an informational security products supplier.

• Scale high-margin product lines (EMV banking, contactless, high-end telecom modules) to lift gross margin and global market share.
• Intensify R&D in information security, personalization, and system integration platforms to sustain product leadership.
• Strengthen international channels and certification footprints to accelerate entry into regulated markets and public infrastructure projects.
• Enhance after-sales and system-level services to convert hardware leadership into recurring-service revenue streams.

• Revenue growth from EMV/contactless product lines (quarterly/annual).
• R&D spend as % of revenue and number of security certifications obtained.
• Gross margin expansion from high-value products and services.
• Share of international revenue and number of active country/region deployments.

Eastcompeace Technology Co.,ltd (002017.SZ) - Vision Statement

• Technological leadership: sustain high-intensity R&D to drive product differentiation and platform scalability.
• Customer-first solutions: deliver reliable, adaptable products that meet evolving client needs across industries.
• Quality and compliance: uphold rigorous standards and third-party certifications to ensure product safety and performance.
• Sustainability and social responsibility: minimize environmental footprint and advance community-oriented initiatives.
• Integrity and transparency: ensure clean operations, protect IP, and maintain fair transactional practices.
• People-centric culture: invest in employee health, safety, training and equitable development.

Core Values in Practice

Eastcompeace translates its core values into measurable actions across technology, quality, customer service, governance and sustainability.

• R&D intensity: continuous investment in innovation with measurable targets for patents, product upgrades and platform deployments.
• Quality recognition: pursuit of international awards and certifications as external validation of processes and products.
• Customer satisfaction: systematic feedback loops, after-sales networks and customization capabilities to enhance client retention.
• Sustainable operations: implementation of management systems that reduce energy use, emissions and waste while improving lifecycle performance.
• Ethical governance: explicit policies prohibiting illegitimate interests, requiring information disclosure and protecting intellectual property rights.
• Employee welfare: transparent labor policies, occupational health programs and training budgets to foster a safe, inclusive workplace.

Technology & Innovation

• R&D hubs and partnerships: multi-site R&D centers and collaborations with universities and industry partners to accelerate application development.
• Product lifecycle: continuous upgrades and modular design to extend product usefulness and reduce total cost of ownership for customers.
• IP protection: active patenting strategy and enforcement to secure competitive advantage and fair market transactions.

Quality, Awards & Customer Commitment

• Quality governance: standardized quality management systems, third-party certifications and a culture of continuous improvement.
• Customer experience: structured after-sales network, SLAs, and tailored service offerings to increase retention and satisfaction scores.
• Recognition: achievements such as the Venus International Quality Leadership Award underscore operational excellence.

Sustainability & Social Responsibility

• Social responsibility system: integrated policies covering environmental management, community engagement and employee welfare.
• Environmental targets: measurable goals for energy efficiency, emissions reduction and waste minimization implemented across facilities.
• Transparent reporting: periodic disclosures on sustainability metrics and progress against targets.

Governance, Ethics & Fair Transactions

• Clean operations: explicit anti-corruption and conflict-of-interest policies enforced through audits and training.
• Information disclosure: timely financial and operational reporting to stakeholders to maintain market trust.
• Fair trade practices: procurement and contract standards that protect IP and ensure equitable supplier relationships.

Human-Centered Practices

• Employee rights: compliance with labor laws, grievance mechanisms and equal opportunity policies.
• Health & safety: ongoing investment in workplace safety, occupational health programs and emergency preparedness.
• Talent development: training budgets, career pathways and internal mobility to retain and grow technical and managerial talent.

Further financial and operational detail can be found in the company analysis: Breaking Down Eastcompeace Technology Co.,ltd Financial Health: Key Insights for Investors