Grants 5th December | GRG Banking Equipment (002152.SZ) stated in its investor relations that in the domestic market, benefiting from the deep development of financial technology innovation, the company's leading position in intelligent financial equipment remains stable, ranking first in the domestic intelligent financial equipment market for 16 consecutive years. Since the beginning of this year, the company has signed new projects such as the 2024 Asia Vets ATM for Industrial and Commercial Bank of China, Asia vets counter for Bank of China, and the new smart counter for China CITIC Bank Corporation. Recently, the company won the bid for the China Agricultural Bank 2024 integrated deposit and withdrawal machine project as the first tenderer, with a bid of 0.921 billion yuan (excluding tax). According to the tender documents, the company's winning share is over 60% (inclusive). Looking ahead, as banks continue to increase their investment in financial technology innovation, regional banks such as city commercial banks and rural credit cooperatives are entering the fast lane of innovation replacement, and equipment generally needs to be renewed every 5-6 years. There is still considerable incremental space in the domestic financial equipment market.