Press Release
HED Realizes the "Chip" Dream of Smart City

During November 20-21, 2017, the 16th Annual Meeting of City Smart Card Development was held in Hainan. CEC Huada Electronic Design Co., Ltd. (hereinafter referred to as "HED") was invited to attend this meeting to celebrate with partners the 20th anniversary of the development of city union cards and explore the "chip" development for smart cities.

The year 2017 is one witnessing changes and innovations. With a 20-year history of brilliant development, the industry of city union cards is developing rapidly towards smart cities, cloud platforms, and big data. This is also the trend of cross-industry integration and the integration between conventional industries and the Internet. At the same time, after the stable development for 15 years, HED is also entering a new era full of challenges and opportunities. The emerging IoT is silently changing the lifestyle of people, hence the IoT security is becoming more important. HED is actively working on its portfolio of IoT security products in a strive for innovations linking products and applications, so as to safeguard the national information security and create a new generation of "Chinese chips."

At the 2017 Annual Meeting of City Smart Card Development, HED presented several smart transportation solutions under the theme of "smart city," including conventional smart cards, smart terminals, NFC wearable products, and bicycle-sharing M2M security chips, and released application experience of intelligent community/intelligent home solutions such as Alibaba Cloud intelligent sports, secure cloud router, secure intelligent lock, and secure Wi-Fi.

Under the theme of this meeting, that is "union cards of 20 years to realize the China dream," HED is committed to a "Chinese chip" and will work with existing and new customers as well as partners to create the "China dream" for the next 20 years.

About HED
CEC Huada Electronic Design Co., Ltd. (hereinafter referred to as "HED"), founded in June 2002 and wholly owned by China Electronics Corporation (hereinafter referred to as "CEC") (00085.HKSE), is China’s well-known smart card and security chip supplier as well as total solution provider.
HED is the global top four smart card chip vender. Its products are widely applied in financial payment, government public utilities, identification, telecommunications and mobile payments etc. both at home and abroad. In recent years, HED has committed to new technology R&D and new applications exploration of the IoT and launches new product line and system solutions to gear to the requirements of intelligent transportation, intelligent home, intelligent grid, intelligent manufacturing, and other areas of the IoT.
To look ahead, HED will continue to explore technology innovation, develop new products and promote innovative applications, striving to provide the market and industry with quality products and provide clients with greater value.

CEC Huada Electronic Design Co., Ltd. 京ICP备05012395号