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China Security Co., Ltd
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Zhong'an Science and Technology held the 2024 Overseas Mid term Work Conference, looking forward to the development of global security and safety business
Release time: 2024-08-12
On August 9th, Zhong'anke Co., Ltd. (hereinafter referred to as "Zhong'anke") successfully held the 2024 Overseas Mid term Work Conference at the group headquarters, Wuhan Huazhong Xiaoguishan Financial and Cultural Park. This meeting brought together senior management personnel from Hong Kong Weian, Thailand Weian, Macau Weian, Australia Weian, and Weijin Innovation Technology, wholly-owned subsidiaries of Zhong'an Technology in the field of overseas security and safety business. They reviewed the business achievements of the first half of the year and had in-depth discussions on the work plan for the second half of the year.


At the beginning of the meeting, Cha Lei, President of Zhong'an Science and Technology, delivered a speech, affirming the significant achievements of the group's overseas business in the first half of the year and expressing confidence in the expected goals for the second half of the year. Cha Lei emphasized that in the face of challenges and opportunities in the global market, Zhong'anke will continue to maintain a steady pace of development to ensure the successful completion of the annual tasks. Subsequently, the heads of each overseas subsidiary took the stage to share their respective work priorities and future plans.
 

Guardforce Hong Kong



In the first half of the year, Hong Kong Weian successfully seized market opportunities and gained a large number of new customers from commercial retail, ATM services, and cash escort based on its excellent teamwork ability, deep cultivation of the local market, and adjustment of competitive strategies. The current performance achieved double-digit rapid growth and profits increased significantly. While maintaining cooperation in security and armed escort services with multiple financial institutions such as Bank of China (Hong Kong), Industrial and Commercial Bank of China, and Standard Chartered Bank, we are also actively exploring new customer growth points. At present, we have successfully provided cash escort services for retail customers such as McDonald's, Watsons, and Sasa. It is expected that in the second half of the year, Hong Kong Health and Safety will expand the procurement of escort equipment, add and replace about 20 transport vehicles, thereby further consolidating its market position in the retail and supply chain industries.
 

Guardforce Thailand



Since March 2024, with the implementation of the visa free policy between China and Thailand, the number of tourists between the two countries and the number of flights operated by airlines between China and Thailand have rapidly increased. As a result, the aviation security business of Thai health and safety has grown significantly. On the other hand, the security needs of Thai subway customers have increased, and the company is facing the challenge of staff shortage. In terms of operation, in the first half of 2024, Thai Health and Safety has successfully achieved its budget target for the first half of the year. In the second half of the year, the focus will be on the new investment projects and existing customer resources of Chinese enterprises in Thailand, forming industrial linkage with domestic smart city solutions, seizing market opportunities, realizing domestic and overseas industrial synergy, striving to exceed the annual budget, and further consolidating Thailand Health and Safety's market position in the fields of human security and electronic security.


Guardforce Macau



Based in Macau and seizing the policy opportunity of the integration of the Guangdong Hong Kong Macao Greater Bay Area, Macau Waian has maintained stable cooperative relationships with multiple key commercial complexes and financial institutions in the first half of the year while continuing to maintain traditional financial and retail customers. It has successfully expanded its important financial and retail customer base, including Industrial and Commercial Bank of China (Macau Branch), Macau 711 Convenience Store, and Chow Sang Sang Jewelry. In the face of changes in the market environment, Macao Weian actively explores business opportunities in the field of intelligent technology and has successfully obtained a business contract for an intelligent solution from a commercial comprehensive institution, realizing opportunities for cross selling. In the first half of the year, Macao Weian successfully completed its semi annual performance budget. In the second half of the year, the management team will strive to expand the business scope of electronic security (intelligence) and work hard to achieve the annual performance target.
 

Securecorp Australian



Australian Security is the best overseas subsidiary in the development and application of electronic information management systems for human security, laying the foundation for providing excellent comprehensive security services to over 2500 customers in Australia. In recent years, influenced by the external public environment, the company has adjusted some of its business directions and shifted its focus to commercial contracts, transportation, and event security services. It has also established deep cooperative relationships with multiple new customers and further improved work efficiency and customer satisfaction through the application of digital management tools.

At the end of the meeting, Chairman Wu Bowen made a summary. He expressed satisfaction with the good business situation demonstrated by overseas business in recent years, and emphasized that with the rapid development of artificial intelligence technology, the group will further increase investment and support for overseas business. Wu Bowen pointed out that in addition to continuing to consolidate traditional human security business, Zhong'an Science and Technology will also continue to increase its exploration of technology security business. Relying on the research strength of Wuhan University Zhong'an Science and Technology Artificial Intelligence Research Institute, it will continue to conduct in-depth research in the field of artificial intelligence security, promote the deep integration of security services and artificial intelligence technology, and layout technology products such as security humanoid robots to replace traditional human labor and improve service efficiency; At the same time, we will promote industrial synergy both domestically and internationally, complement each other's advantages, increase business gross profit, and promote steady growth in company profits.
 

In addition, Wu Bowen also stressed that since the "the Belt and Road" initiative was put forward, Chinese enterprises have been accelerating their investment and cooperation overseas. As a professional enterprise in the field of domestic security, China Security Technology will actively respond to the national strategy, provide more Chinese enterprises going global with comprehensive security guarantees, and help deepen the implementation of the "the Belt and Road" initiative and the common development of countries along the route.
 

This meeting is not only a comprehensive summary of Zhong'anke's overseas business, but also a clear plan for the future development direction of the group. Zhong'anke will continue to uphold the corporate spirit of "technology leading, intelligent creation of the future", provide better security and safety services to global customers, and contribute more to the development of the global security and safety industry.

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