ADVANCED CARD SYSTEMS

Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of HNA Technology Investments Holdings Limited, SEHK: 2086), founded in 1995, is Asia Pacific's top supplier and one of the world's top 3 suppliers of PC-linked smart card readers, as well as the winner of the Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. In 2010, 2014 and 2015 ACS was listed in Forbes Asia's “Best Under a Billion", an inter-industry list comprised of 200 top-performing publicly listed co... mpanies in Asia Pacific, with sales between US$5 million and US$1 billion. ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. A leader in the smart card industry, ACS has the technology, expertise and global resources to facilitate an easier adoption of smart card applications in different industries across the globe. ACS develops and provides smart card operating systems (COS) and readers to facilitate the implementation of smart card-based systems for various applications and industries. ACS products are compliant with major industrial standards, ensuring safe and compatible operations. Products are divided into seven product families: Smart Cards & Smart Card Operating Systems, PC-Linked Smart Card Readers, Contactless Readers, Mobile Card Readers, Smart Card Readers with PIN-Pad, PC-Linked Readers with Mass Storage and Smart Card Reader Modules. ACS also offers customization for some of these products, to meet specific needs of customers. Apart from developing hardware, ACS applies its smart card technology and expertise to develop an end-to-end and scalable automatic fare collection (AFC) solution for micro payment operations, including bus, rail, ferry, road toll, parking, fastfood and convenience stores, and vending systems.