FEITIAN Was Approved for its Initial Public Offering in the GEM
On September 5th, 2014, the GEM Public Offering Review Committee of China Securities Regulatory Commission (CSRC), approved the application of FEITIAN Technologies Co., Ltd. (hereinafter referred to as “FEITIAN”) for its initial public offering in the fifth meeting in 2014.
As a key high-tech company specified in China Torch Program, FEITIAN is mainly engaged in R&D, production, and sales of information security products for identification authentication and services. In December 2013, FEITIAN was certified to “Key Software Enterprise in the 2013-2014 National Planning Layout”. Its main products include ePass PKI Strong Authentication Token, One-Time-Password Authentication Token, Rockey Software Protection Solution, Smart Cards and Smart Card Readers. They are largely used by banks, enterprises, public institutions, e-business, e-government affairs and other sectors. In recent years, based on its sustainable innovation in customer demands, FEITIAN has become the leader in three fields, network identification authentication, software copyright protection and Smart Card operating system.
FEITIAN has established a global promotion and marketing service system covering Asia, Europe, Oceania and America, equipped with a professional system solutions and a technical team, with its products sold in more than 80 countries and regions.
In 2013, FEITIAN realized its main business revenue of 845.8 million yuan and its net profit of 201.17 million yuan, respectively a Y-O-Y increase of 39.79% and 94.67%. The Foundation managed by JD Capital was invested in FEITIAN in August 2010, with 6% of shares prior to public issue of FEITIAN.
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