China Mobile announced that it would focus on purchasing nearly 320 million USIM cards
[Securities Times] it is reported that according to the official website of China Mobile, China Mobile recently announced that it would start the centralized procurement of USIM card products from 2022 to 2023. According to the purchase announcement, a total of 318195000 USIM cards will be purchased this time.
Comments: USIM (Universal subscriber identity module) card is the third generation mobile phone card (user global identity card), also known as upgraded SIM card. USIM card does not only have authentication function, but is gradually transitioning to mobile commerce platform and even multi application platform. It is no longer difficult to realize other applications such as e-wallet, e-credit card and e-bill on mobile phone. In addition to supporting multiple applications, USIM card also upgrades the algorithm in terms of security and adds the card's authentication function to the network. With the popularity of 5g network, the Internet of things and the promotion and application of 5g messages, there is a huge market space for new purchase and replacement of USIM cards. Hengbao Co.Ltd(002104) (002104): the company is the core supplier of China Mobile USIM card and has won the bid for centralized procurement of China Mobile USIM card products for many consecutive years.
Wuhan Tianyu Information Industry Co.Ltd(300205) (300205): the company has won the bid for China Mobile USIM card procurement for many times.
