Current status of money counters

Jul 15, 2021 Leave a message

Current situation

Since 2003, the corporate market for banknote counters has been roughly divided into several categories: 1. Companies that dominate the banking market include: Zhongchao Xinda, Yinjia (Ronghe), 5311, Best, Nanjing Science and Technology and other enterprises; 2. , Enterprises in the civil and banking market include: Zhongshan Baijia, Guao, Kangyi, Jingwei, Kaixun, Jinli, Ruize, Ouli and other enterprises. Third, enterprises mainly focusing on the civilian market include: Weirong, Jinan Fan, Beiliang, Ranpeng and Wenzhou enterprises are the main ones. Fourth, the foreign market-oriented enterprises include: Kaixun, Zhongshan Baijia, Hengli, etc. and Guangdong enterprises as the main ones, forming the layout of the currency counter market.

Since 2004, the banknote counter technology has entered a stable period and the demand in the civilian market has expanded. The company has gradually moved from a single appearance design to a personalized design. With Weirong as the main product diversification development path, a multi-brand strategy has also begun, mainly to solve the regional agency rights of agents. From the industry’s annual sales volume of less than 1 million units before 2002 to the industry’s annual sales volume of 2 million units in 2006, the industry’s sales volume reached a peak of 2.6 million units in 2008. The increase in demand has also enabled more companies from outside the industry to enter the market of currency counters, which has further promoted the survival of the original companies of currency counters. Sales in 2009 were basically the same as in 2008, and the number of companies increased by 128. In 2009, more than 10 companies stopped or switched to production nationwide.

During the period from 2004 to 2007, the company's technical research and development was mainly in appearance design and use functions. There was no major breakthrough in the identification of counterfeit currency, and it remained in the original fluorescence, infrared, magnetic, and security line identification. The identification capabilities of the banknote counters produced by each company are the same. No one has a special technology, but differs in appearance, stability, function, and durability. During this period, there were mainly some altered coins, and the mechanism counterfeit coins could not imitate the machine-readable security line anti-counterfeiting of the banknote counter.

Nowadays, due to increasingly fierce market competition, some banknote counter companies have adopted low-cost marketing competition methods at the expense of product quality. This has led to intensified disorderly and vicious competition in the banknote counter market. Low-quality and low-cost banknote counters flood the market. Seriously affected the normal operating order of the industry. Compared with the four major banks, the performance, quality and price of major raw materials such as electronic components, various sensors, large motors, transformers, and mechanical hardware of such low-cost currency counters are quite different. The price difference can be up to five times. Therefore, this type of currency counter naturally greatly compromises performance indicators such as anti-counterfeiting effect, stability, temperature rise, and machine life.

Because ordinary consumers are not sufficiently aware of the problems of this type of currency counter, they chose it solely based on price factors, which makes it occupy a large part of the current domestic market. At the same time, it also gives some big brand currency counter manufacturers and their The high-quality and high-priced banknote counters have caused a great impact, forcing these manufacturers to follow the example of launching low-cost banknote counters to participate in the competition. Due to lower and lower prices and smaller profits, most banknote counter manufacturers are unwilling to invest in the development of new technologies, and the current banknote counter technology lags behind the speed of counterfeit currency upgrades, which is critical to the entire banknote counter industry. The development is extremely unfavorable. The above are the main problems that currently exist in China's currency counter industry.

To change the situation of disorderly competition, each manufacturer must strengthen industry self-discipline, standardize market competition behavior, and product quality must fully meet the requirements of relevant national standards. It is hoped that the quality supervision and management department will combine the issuance and annual review of the production license for the banknote counter industrial products, strictly control the industry access, and cancel the production qualifications of manufacturers that do not meet the relevant requirements. At the same time, strengthen the supervision and inspection of the quality of the money counter products on the market, and take severe penalties for the manufacturers of substandard products to prevent the substandard products from entering the market. While protecting the vital interests of consumers, it also protects the manufacturers that abide by the law. Legal rights.

In the past few years, the banknote counter is still technically using the technology developed in previous years, and there is not much breakthrough in the counterfeiting technology. In addition, the impact of low-quality and low-cost banknote counters on the market has also caused most of the problems. Banknote machine manufacturers are unwilling to increase investment in the development of new technologies and sensors, and everyone is unwilling to take too much risk. This has also resulted in not much breakthroughs in counterfeit coinage and counterfeit magnetic counterfeit technology in recent years. It's not that counterfeit money is progressing fast, but that the money counter is standing still. In fact, not all banknote counter manufacturers have stopped the research on coinage change. As long as we make unremitting efforts, we will definitely be able to make breakthroughs in technology.

In the second half of 2008, high-simulation HD and HB counterfeit coins appeared in China. Such counterfeit coins, regardless of manufacturing process or machine-readable features, are very close to real coins. This time, the fake RMB is a new version of the mechanism counterfeit currency for the banknote counter. The characteristic face of the counterfeit currency this time is smooth and it is offset offset printing, but there is a sense of unevenness in some parts, which is pressed by tools, and has obvious indentation; the denomination number of the light variable ink is printed with pearl ink; the fixed watermark has a poor stereoscopic effect; the back of the counterfeit currency has The silver-gray ink imitation of the security thread for opening windows; the four-digit number "2683" in the middle of the crown number is magnetically applied after the number is printed; a false security thread containing a magnetic code is clamped in the counterfeit currency face. However, it is obviously deceptive and harmful to pass a variety of brand money counters on the current market. Represented by HD counterfeit coins and high-simulation counterfeit coins such as DB, CE, CH, SA, etc., have come out one after another, making the software and hardware of banknote counters of major domestic banks and merchants urgently need to be upgraded. A wave of unrest and another wave recurred. Then, counterfeit money maker troublemakers, currency counter manufacturers, currency counter professionals and other "elites" were also studying and creating more hidden, higher-end, more difficult alterations and patchwork. Coins, taking advantage of this chaotic situation, are testing each other and attacking competitors’ machines, making the key points of counterfeit identification of major banknote counter companies confused. They can only make a fuss about magnetism and constantly modify magnetic characteristics and magnetism. As of 2009-06-17, there is no banknote counter software that can temporarily stabilize the software parameters of the waveform information. This counterfeit currency incident was mainly caused by counterfeiters breaking through the identification method of the security line, making domestic banknote counter companies have a calm thinking, and they are all thinking about how to make new breakthroughs in technology. It can be said that this counterfeit currency crisis has also given a new inspiration to the technological innovation of China's banknote counters. New identification technologies are necessary to make the banknote counters permanent.

During 2009, China initiated the drafting of the new "General Technology of RMB Discriminator", which played a very important role in promoting industry development and technological innovation. The new standard regulates the grades of class A, B, and C banknote counters. The special requirement for class A machines is that the banknote counter identification technology is an innovative technical requirement, and it also represents the cutting-edge technology and new standard of future identification technology. The plan was released on May 1, 2010 and will be enforced on May 1, 2011.

In the short term, the situation where the domestic currency counter market is co-existing, but the truly powerful manufacturers will surely develop and produce stronger counterfeit detection capabilities, more stable performance, and longer life through their own technological innovations. High-end banknote counter products with updated styles and affordable prices. At the same time, the foreign currency banknote counter market will still be a development direction of the future market. Because of the high technical content of the above products, the profit margin is relatively large, and it can avoid the frontal collision with low-quality and low-cost money counters.

As of the end of 2011, there are several types of corporate entities that count China's currency counters: 1. The market structure is divided into the bank market, the civilian market, and the export market. 2. The strength of the enterprise is divided into technical advantages, quality advantages, management advantages, brand advantages, etc.