GRG Banking Equipment Co.,Ltd. recently announced that it has acquired a major contract valued at around US$58.57million (CNY400 million) for the supply of automated teller machines(ATMs) and services to Bank Of China (BOC).

During the second half of 2009, it had been announced that GRGBanking secured the major contracts from BOC worth of US$58.57million (CNY400 million) in which US$29.28(CNY 200 million) was carried forward to 2010, coupled with the recently signed contract, the confirmed total revenue from BOC in 2010 should be US$87.85(CNY 600 million). At present, GRGBanking is the largest ATM provider of BOC.

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