BQT is also in my long term portfolio currently languishing around the 18 cent per share mark.
Like QTK. (see prior post) I sold these when they slid backwards and bought them back again at 15 cent per share. Which works out at 15% profit at the moment if I sold today.

So I will be keeping a watchful eye on this one as am not 100% sure which way they are going to go.The report sounds good but I want to see the money materialise in the profit column first before I start to get too excited.

BQT’s Fingerprint Technology secures Ping An Insurance, China.

BQT Solutions Limited is pleased to announce the supply contract of BQT Biometric Fingerprint security products to Ping An Insurance, one of the largest insurance company’s in China.

BQT’s Fingerprint devices will secure Ping An Insurance headquarters in Shenzhen, with further installations to be deployed throughout the company’s 3,000 branch offices throughout China, Hong Kong and Asia.

The BQT Biometric range offers the ultimate security by combining leading edge fingerprint scanning technology and encryption for secure user verification and authentication for Ping An’s building access control applications.

Over the past year BQT sales in China have been on a steady incline and we will continue to enjoy significant growth in the foreseeable future throughout China and surrounding Asian countries.

About Ping An Insurance

Ping An Insurance (Group) Company of China, Ltd. (”Ping An”) is the first Chinese Insurance Company that integrates securities, trusts, banking, asset management and annuity services into a close-knit, efficient and diversified financial holding group. The Company was founded in 1988 and is headquartered in Shenzhen, Guangdong Province, China.

It has been listing its H-Shares on the Hong Kong Stock Exchange under the name “Ping An” since June 2004. On March 1, 2007, Ping An debuted trading of its A-Shares on the Shanghai Stock Exchange under the name “Ping An of China”. Ping An and its subsidiaries provide various financial services, including insurance and investment management to over 37 million retail customers and approximately 2 million corporate customers. The Company has over 200,000 sales agents, 40,000 staff and over 3,000 branch offices

John Genner
Managing Director

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