Yucheng Technologies Limited



Quote for Yucheng Technologies Limited

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YTEC
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NASDAQ
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Quote Delayed 15 Min.
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Summary for Yucheng Technologies Limited

Yucheng Technologies Limited (Yucheng) is a provider of information technology (IT), software, solutions and services to the People's Republic of China's banking sector. The Company develops and delivers a range of technology, through the Software and Solutions businesses. In addition to software and solutions, the Company also provides the platform and maintenance services to the clients, which involves selecting, procuring and reselling third-party hardware equipment and software applications to the clients. It also involves monitoring and assisting in the installation of such equipment and software at clients' sites, as well as assisting in the integration of the installed equipment with clients' existing IT systems. On February 17, 2011, the Company established a joint-venture with other investors, Yucheng Internet Technologies Limited (Yucheng Internet) in Beijing. During the year ended December 31, 2010, Yucheng sold100% interest in its POS company.