The company was founded in December 1999 and listed on the Shenzhen Stock Exchange in August 2007. Yuanwang Valley is a representative enterprise of the Chinese IoT industry and the world's leading supplier of RFID and IoT technology solutions. It is the first listed company in the RFID industry in China, the first batch of national high-tech enterprises, national 863 program project undertakers, national high-tech industry development project undertakers, Guangdong Province's top 100 innovative enterprises, Guangdong Province's top 100 innovative enterprises, enterprises with intellectual property advantages in Guangdong Province, the first batch of leading independent innovation industry enterprises, intellectual property advantage enterprises, and key software enterprises in Shenzhen. It has been included in the Forbes list of the most promising SMEs for two consecutive years, and won the title of “China's Top 50 SME Listed Companies”. The company's main business focuses on industries such as railways, books, clothing retail, etc., and provides industry application solutions based on RFID technology for various industries such as electricity, medical care, tobacco and alcohol anti-counterfeiting, asset management, and other emerging industries, and provides products and services related to RFID technology. The company has always focused on the research and development of RFID core technology, products and system solutions, and has a full range of RFID core products such as self-developed chips, electronic tags, readers, handheld devices, antennas, and system integration software. Corporate honors: Guangdong Province Intellectual Property Advantage Enterprise, Guangdong Province Contract-abiding and Credit-worthy Enterprise, High-tech Enterprise Certificate and Top 10 Most Socially Responsible Listed Companies, etc. It has successively won honorary titles such as Key Strategic Emerging Industry Enterprise in Guangdong Province, Top 100 Innovative Enterprises in Guangdong Province, Key Software Enterprise, Shenzhen's First Batch of Independent Innovation Industry Leading Enterprises, Specialized New Small and Medium Enterprises, and 2023 Guangdong-Hong Kong-Macao Greater Bay Area Strategic Emerging Enterprise Leader.