About Hengbao
Building Secure and Smart Infrastructure for the Digital and Physical World.
Hengbao connects trusted physical technologies with software platforms, AI applications and digital solutions to power secure, seamless experiences.
Where Secure Hardware Meets Digital Intelligence.
Secure technology has always been at the heart of Hengbao. For more than 30 years, our expertise in cards, credentials and secure hardware has supported the connections between people, organisations and the services they use.
Today, we are building on that foundation by bringing together secure hardware, software platforms, lifecycle services and ecosystem integration. We help financial institutions, telecommunications providers, governments, enterprises and technology partners connect physical interactions with the digital systems behind them.
From the credential or device in a person's hand to the platform that manages its use, Hengbao brings the physical and digital layers of a solution into a connected approach.
Hengbao at a Glance
- 30+ years of secure hardware expertise
- Established in 1996, with business origins dating to 1992
- Listed on the Shenzhen Stock Exchange since 2007
- Stock code 002104
Our Mission
Connecting People, Services and Possibilities
Our mission is to help organisations create trusted connections between people and services, devices and networks, and businesses and customers through secure infrastructure across payments, identity and connectivity.
Your Connectivity. We Connect.
An Integrated Approach to Customer Infrastructure
Secure Physical Technologies
Cards, credentials, chips, modules and devices provide the physical foundations for secure interactions. Our manufacturing, personalisation and engineering experience helps translate these technologies into products that can be deployed and supported.
Software Platforms and Digital Services
Platforms, applications and integration connect physical technologies with wider business systems. Across our portfolio, this includes payment and identity services, connectivity management, industry platforms and digital operations.
Support Across the Lifecycle
Programme delivery extends beyond the initial product. Design, personalisation, integration, deployment and lifecycle services help customers connect individual components with the way their organisations operate.
Innovation Around Customer Needs
We build on established capabilities while developing new applications for secure technologies, software and AI. Customer conversations help shape configurable solutions and future developments around a defined business need.
Explore Our Solutions
Our portfolio spans secure transactions, connectivity, identity, access, authentication, manufacturing technologies and digital services. Explore each area to see the relevant products, configurable solutions and developing capabilities.
Our Story
1992— Business Origins
Hengbao's business origins lie in security printing and financial credentials, establishing the foundation for its expertise in trusted physical technologies.
1996— Hengbao Established
The establishment of Hengbao marked the next stage in the development of its secure credential and smart-card business.
2007— Public Listing
Hengbao Co., Ltd. listed on the Shenzhen Stock Exchange under stock code 002104.
Today— Connecting Physical and Digital Infrastructure
Hengbao continues to develop its portfolio by combining secure hardware and manufacturing expertise with software platforms, digital services, AI applications and lifecycle support.
Recognition That Reflects Our Craft
At the ICMA Élan Awards 2026, Hengbao received two awards and three finalist recognitions across payment-card design, gift cards and hardware-wallet applications. In 2025, Hengbao also received the People's Choice Award for an ICBC Shanghai commemorative e-CNY hardware wallet.
Get to Know Hengbao
Global Presence
International coordination, manufacturing, personalisation and regional support connect our expertise with customers in different markets.
Explore Our Global PresenceInnovation & Manufacturing
See how design, engineering, secure production and digital capabilities come together around customer programmes.
Explore Our CapabilitiesQuality & Certifications
Learn about the management standards and industry qualifications supporting our relevant products and operations.
Explore Quality & CertificationsCareers
Bring your expertise and curiosity to a company connecting secure physical technologies with digital services.
Explore CareersConnect with Hengbao
Whether you are developing a new programme, extending existing infrastructure or exploring a new application, our team would be pleased to discuss how Hengbao can support your objectives.