Eastcompeace Smart Card Co., Ltd. is principally engaged in research, development, manufacture and distribution of smart cards and related application systems. The Company鈥檚 main products are smart cards for mobile communications, untouchable smart cards and related application systems, including subscriber identity module (SIM) cards, stored value cards, recharge cards, social security cards, bank cards, as well as read and write terminals for smart cards, among others. The Company distributes its products in domestic and overseas markets. As of December 31, 2009, the Company had four subsidiaries, which involved in manufacture and distribution of smart cards and related products, as well as provision of technology services.