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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  PAX Global Technology Limited    327   BMG6955J1036

PAX GLOBAL TECHNOLOGY LIMITED

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PAX unveils more Android Solutions and new Unattended Payment Terminal portfolio at its 2018 Worldwide Partner Conference in China

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04/29/2018 | 09:54pm EDT

SHENZHEN, China, April 30, 2018 (GLOBE NEWSWIRE) -- PAX Technology Limited (HKSE stock code: 00327.HK), one of the world's leading electronic payment terminals solutions providers, hosted its 2018 Worldwide Partner Conference in Shanghai last week, where the company unveiled, amongst other solutions, a much-anticipated range of self-service and unattended payment products.

Mr. Andrew Wu, Vice President of PAX, said, “With over 6.4 million terminals shipped last year and more and more new customers switching to PAX, the attendees to our annual China conference receive a unique insight as to the impressive development of the PAX terminal portfolio and are able to contribute their valuable feedback to our attentive R&D team with regard to our future product roadmap. We are excited and passionate about creating new business connections to our global clientele.”

Over 150 payment system integrators, financial institutions and industry leaders flew in to Shanghai from all around the world to see PAX unveil an ever more impressive ecosystem, which today includes an expanded portfolio of Android terminals alongside traditional Linux devices, the new IM-Series for unattended self-service environments such as petroleum, kiosks, vending, ticketing and parking, as well as the latest release of PAXSTORE, the payment industry’s fastest growing open-platform software distribution marketplace.

Mr. Jack Lu, CEO of PAX, concluded, “This year’s conference was a huge success with our international partners, as they get to experience close-up the vibrancy of PAX as a company and of China itself. We will continue working closely with our many customers to accelerate the pace of innovation so that they can stay well ahead of the competition.”

About PAX (www.pax.com.cn)

PAX Technology is an innovative global provider of electronic payment solutions, offering world-class, cost-effective and superior quality products. Building on its service excellence and proven leadership position, PAX is one of the fastest growing payment industry suppliers with state-of-the-art manufacturing facilities, excellent R&D capabilities and a worldwide network of sales and channel partners. PAX is listed on the Hong Kong stock exchange as PAX Global Technology Ltd. (00327.HK).

Contact: Mandy

+86-755-2661-2501

huangmt@paxsz.com

 

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© GlobeNewswire 2018
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Financials
Sales 2020 4 987 M 643 M 643 M
Net income 2020 629 M 81,2 M 81,2 M
Net Debt 2020 - - -
P/E ratio 2020 6,12x
Yield 2020 3,15%
Capitalization 3 777 M 487 M 487 M
Capi. / Sales 2020 0,76x
Capi. / Sales 2021 0,67x
Nbr of Employees 1 699
Free-Float 64,9%
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Average target price 4,73 HKD
Last Close Price 3,49 HKD
Spread / Highest target 56,4%
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Spread / Lowest Target 14,6%
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NameTitle
Jie Lu Chief Executive Officer & Executive Director
Guo Ming Nie Chairman
Shi Yeung Cheung Chief Financial Officer & Joint-Secretary
Wen Jin Li Executive Director
Kwok Kuen Man Independent Non-Executive Director
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