In 2008, Guao Technology expanded its production plant which was based in Dianshanhu Town, Kunshan City. In 2011, Guao Technology has more than 1,000 employees, 3 full-auto production lines with annual production of more than 200,000 financial equipment, and becomes the most competitive brand of financial machinery industry in China.

Our banknote binder won the iF design award which is “Oscar” in international design industry.

Our products were shortlisted by the head offices of these banks like BOC, ABC, ICBC, CCB, CMB, CMBC and CEB successively, and exported to the Western, Southeast Asia, and other regions. The after-sales service networks cover more than 95% areas in China.

In 2001, Guao Technology set up 7 branches and 27 offices which covered all secondary cities all over the country.

In 2003, Guao Technology was rated as “Shanghai High-tech Enterprise” and “Top Ten Currency Counter in China”. Its products have been rated as “Famous Currency Counter Brand in China” and “Shanghai Famous Brand”, etc.

In the middle of 1990’s, Shanghai Guao Electronic Machinery Co., Ltd. was registered. The headquarter was moved to Shanghai.

In 1997, “Gooao” brand was registered.

In 1999, it was listed as a designated manufacturer of banknote counter of Agricultural Bank of China.

In 1980’s, it was founded in Aojiang Town, Pingyang County, Wenzhou City which is the hometown of China’s currency counter, and was one of the only-two manufacturers that had the capability to produce magnetic counterfeit banknote counter in China.