Recently, Glory Fund completed an investment of several hundred million RMB in XH Smart Tech (China) Co.,Ltd. (“XH Smart”).

Glory Fund’s comment
Glory Fund believes: as a national-level “Specialized and Innovative ‘Little Giant’,” XH Smart possesses independent innovation capabilities, strong market competitiveness and significant growth potential across the fields of security, payment, communications and the Internet of Things. As a leading company in intelligent solutions, XH Smart ranks first in market share in certain overseas markets. According to 2021 Nielsen data, XH Smart ranked among the top three global issuers for communications cards and among the top ten global issuers for financial cards. The company’s advanced production processes, comprehensive global certifications and rich customer base position it to continue benefiting from ongoing digitalization and the widespread adoption of 5G.
Company profile
Established in 2011 and headquartered in the Zhuhai Free Trade Zone, XH Smart has set up R&D and data centers in Hong Kong, Singapore, Dubai and Indonesia, and has established manufacturing centers in South Africa, India and Bangladesh. Under the national Belt and Road Initiative, the company has become a representative Guangdong “going global” enterprise.
XH Smart provides products and solutions across four major areas — security, payment, communications and IoT — built on mainstream international secure chips and supported by proprietary systems, delivering security for the interconnected world.
XH Smart holds key industry qualifications including VISA, MasterCard, China UnionPay, IT product security certifications, SAS and others, and has established stable cooperations with major domestic and international telecom operators and commercial banks. The company has set up an R&D center in Singapore, sales centers in Hong Kong, Dubai and Indonesia, and manufacturing centers in South Africa, India and Bangladesh. XH Smart cooperates with more than 300 customers across over 145 countries and regions.
Core business
Positioning itself as an industry-leading embedded smart security products company with a core mission to drive user growth, XH Smart leverages mature technical expertise, a global industrial layout, high-quality product delivery and customized services to provide intelligent chip products and integrated solutions in the four domains of security, payment, communications and IoT to over 300 government, telecom, financial and other enterprise clients in more than 145 countries and regions.

Main qualifications

Glory Fund has full confidence in XH Smart’s independent innovation capabilities and future development. We will continue to empower the company and steadfastly support the development of smart technology and smart cities.