Hanwang Technology Co., Ltd., founded in 1993, is a Chinese company, leading in the fields of research, development and manufacture of various intelligent pattern recognition technologies and products.
We are headquartered in Beijing, China, and have over 500 employees working in a 23,000-square-meter facility. In recent years, Hanvon has been ranked as one of China's top software companies, and is also recognized as the most potentially valuable software company in the country. Following a globalization strategy, we have set up a competitive system, including an efficient design and research network, a purchasing network, a manufacturing network and a sales and service network.
Today, Hanvon has a manufacturing campus, four advanced design centers and over 5,800 sales channels across China. In 1984, the first computerized handwriting-input pen in the world was born in a research lab, which sparked the advent of Hanvon Technology. In the years since 1984, the invention has been successfully commercialized by Hanvon scientists. From this unique technology, Hanvon has widely expanded our product lines which include Hanvon pens, drawing tablets, OCR products and intelligent telephones. Hanvon is also the first company in the world to incorporate Chinese handwriting recognition technology into PDA and cell phones.
In China, Hanvon's intelligent pattern recognition technology is believed to be the best in its class. Hanvon has 86% of the overall market share of pattern recognition products, far surpassing our competitors. Hanvon is ranked No.1 and has monopolized the computer handwriting pen market. Hanvon also occupies a significant market share in drawing tablets and our biometric products are aggressively making inroads into the marketplace. Within our self-owned R&D center, we have a group of more than 60 research specialists and engineers engaged in developing and improving our various products. So far, they have successfully developed a variety of new and innovative products that set the records of those fields in domestic as well as oversea markets.
Dedicated to ceaseless technology innovation, Hanvon has attained the leading position nationally and globally within many product fields. Our Chinese character handwriting recognition technology, optical character recognition technology and biometric fingerprint technology are Hanvon's core products.
Hanwang Technology invested USD14 million in totals in establishing Hanvon Production Co., Ltd. The manufacturing facility of our company includes a 30,000-square-meter plant on an 8.7 hectare campus, with more than 250 employees. With the production capacity of 3 million sets per year, our company is recognized to be the largest writing tablet production plant in the world.
Since the first tablet was produced, a great variety of products have been created. The business card masters, E-phones, Hanvon OCR, biometric fingerprint attendance recording systems, vehicle license plate recognition systems, bank document recognition systems and ID card recognition systems have been developed.
With our high quality of production and comprehensive services, Hanvon Production became a major OEM provider for a lot of famous companies in China, such as Handsome, Greatwall, Lenovo, Haier and Tsinghua Tonfang. In order to meet the increasing demand for digital products, Hanvon is unveiling our strong holdings to the world with our three patented core technologies of Handwriting recognition, optical character recognition and biometric fingerprint recognition. We are providing drawing tablets, multi-language handwriting recognition products, OCR applications and biometric products for clients in over 30 countries and regions around the world.