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Starting this month in a port neighborhood and then spreading across Shenzhen, a city of 12.4 million people, residency cards fitted with powerful computer chips programmed by the same company will be issued to most citizens.
China Public Security Technology, the company providing the technology. Incorporated in Florida, China Public Security has raised much of the money to develop its technology from two investment funds in Plano, Texas: Pinnacle Fund and Pinnacle China Fund. Three investment banks, -- Roth Capital Partners in Newport Beach, Calif.; Oppenheimer & Co. in New York; and First Asia Finance Group of Hong Kong, -- helped it raise the money.
China Public Security Technology, Inc. provides consulting services in the commercial printing industry. It provides various printing services, including black and white, two or four color, full color, design services, layout services, consulting...