March 1, 2010 – Eastcompeace held its eighteenth Board Meeting in Hangzhou; at the meeting, the annual report was approved: the 2009 revenue is 764 million CNY, of which the profit is 33.36 million CNY, and the total asset is 910 million CNY.

In 2010, Eastcompeace will continue to focus on Telecom, Finance and Social Security sectors, meanwhile to develop terminal and RFID market; to extend further to other markets with validated penetration in Southeast Asia, South Asia markets. Eastcompeace will endeavor to be the world leading smart card products and system solution provider.