GRG Banking Equipment Co., Ltd. is a China-based company primarily engaged in research, development, manufacture and sale of automatic cash processing equipment and related system software. The Company鈥檚 major products are automatic teller machines (ATMs) and automatic fare collection (AFC) systems. The Company also involves in ATM operation and maintenance business. The Company distributes its products in domestic and overseas markets. As of December 31, 2010, the Company had three major subsidiaries, involved in the research and development of financial electronic equipment, as well as daily maintenance and management of ATMs.