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GRG Banking named by China gov't as a 'Key Software Enterprise'
January 20, 2009
GUANGZHOU, China — GRG Banking Equipment Co. Ltd. has been identified by the Chinese government as a "Key Software Enterprise" of 2008, according to a news release.
The distinction was given to 186 companies. They were selected from 15,000 China-based software companies that were in operation at the beginning of the year. As a result of the classification, GRG's income taxes will be lowered 10 percent.
The company has teams in three research and development centers in China.
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