Home > Boards > US OTC > Delisted >

Longtop Financial Technologies Ltd.(fka LFTGY)

RSS Feed
Add Price Alert      Hide Sticky   Hide Intro
Search This Board: 
Last Post: 4/1/2015 7:37:14 PM - Followers: 48 - Board type: Free - Posts Today: 0

LGFTY Company Overview
Company Contact
Headquarters: 15/F, Block A, Chuangxin Bldg
Software Park
361005 Xiamen
Web Address:   >>>  (New website discovered)

Longtop Financial Technologies Limited (Longtop Cayman) together with its subsidiaries provides a range of software solutions and services to the financial institutions in the People's Republic of China (PRC), including the development, licensing and support of software solutions, the provision of maintenance, support, and other services, and system integration services related to the procurement and sale of third party hardware and software. The software solutions provided by the Company are classified into four categories: channel, business, management and business intelligence. The Company also provides other services, such as automated teller machine (ATM) maintenance, system integration and other information technology (IT) and technology related services, to its clients.


Longtop Inc.(NYSE:LFT),the first Chinese software company listed on the New York Stock Exchange, is a leading software development and solutions provider targeting the rapidly growing financial services industry in China.

Longtop is an important partner to its customers in the Chinese financial services sector. We develop and deliver a comprehensive range of software applications and solutions with a focus on meeting the increasing IT needs of financial services institutions in China.

Longtop's market leadership has received wide recognition. The American Banker newspaper and Financial Insights, an IDC company, have named Longtop the highest ranked Chinese financial technology provider in the worldwide 2009 and 2010 Fintech 100 lists. Furthermore, independent research firm IDC has named Longtop the No.1 market share leader in China's Banking IT solution market and the No.2 market share leader in China's Insurance IT solution market in calendar years 2008 and 2009. These No. 1 and No. 2 rankings are a strong endorsement of our winning track record in delivering high quality IT solutions to our customers, and our success in diversifying our business model as we are the only IT service provider in China that is in the top ten for both banking and insurance verticals.

We believe we are well positioned to serve the evolving needs of our clients and capitalize on the growth opportunities in China's financial services IT market. Our software solutions cover the major categories of information technology requirements for financial institutions in China: channel-related solutions, business-related solutions, management-related solutions and other value-added solutions. We provide both custom-designed and standardized software solutions that are integrated into our clients'' IT infrastructure. In January 2010, we achieved Capability Maturity Model Integration (CMMI) Level 5 Certification for software development, the highest rating possible under the globally recognized Software Engineering Institute (SEI) standard.

Our clients are primarily the leading banks in China. We have extensive client relationships with three of the four largest state-controlled national banks, or Big Four Banks, namely China Construction Bank, Agricultural Bank of China and Bank of China, and have been selected by Agricultural Bank of China as its preferred strategic IT services partner. In recent years, we have also provided services to most of the 13 national commercial banks, China Postal Savings Bank, leading city commercial banks in China, and two of the largest life insurance companies in China, namely, New China Life Insurance and China Pacific Insurance Group.

Longtop was founded in 1996 by Xiaogong Jia, Chairman, and Weizhou Lian, CEO, as a system integration company focusing on the financial services industry in China. It made the transition to a software and solutions provider in 2001.

Headquartered in Beijing, Longtop today has six solution delivery centers, three research and development centers, and 84 ATM service centers located in 27 out of 31 provinces in China. We have sales offices in Xiamen, Beijing, Shanghai and Guangzhou. As of March 31, 2010, we had 4,258 employees in China. Longtop is listed on the New York Stock Exchange under the "LFT" ticker symbol, and is included in the Russell Global Index.

Our Customers

Cooperation: Customers' trust in our business is an engine for growth

Customers' trust is the engine of our growth. Our customer base consists of domestic and international financial institutions as well as large-scale enterprises and government organizations in China. Through more than a decade of dedicated effort, we have established close relationships with customers such as national banks, policy banks, joint-stock banks, city commercial banks, insurance companies, large-scale enterprises and North American financial institutions.

National Banks/Policy Banks

-China Construction Bank (CCB)
-Bank of China (BOC)
-Agricultural Bank of China (ABC)
-China Development Bank
-Export-Import Bank of China
-Agricultural Development Bank of China

Joint-stock Banks and Small and Medium Banks

-Industrial Bank
-China Everbright Bank
-China Minsheng Bank
-Guangdong Development Bank
-Bohai Bank
-China Merchants Bank
-China Zheshang Bank
-Hua Xia Bank
-Shenzhen Development Bank
-Shanghai Pudong Development Bank
-Bank of Communications
-Postal Savings Bank of China


-China Pacific Insurance
-China Life Insurance
-People's Insurance Company of China
-Taikang Life Insurance
-New China Life Insurance
-Ping An Insurance
-Great Wall Life Insurance
-CNinsure Inc.
-Pacific-Antai Life Insurance
-Huatai Property Insurance
-Anbang Property Insurance
-Industrial Securities
-Huaxia Fund

Large-scale Enterprises

-China National Tobacco Corporation
-China Petroleum & Chemical Corporation
-State Grid Corporation of China
-China National Offshore Oil Corporation
-Haier Group
-Huawei Technologies Co.
-Hongda Electric Group

International Customers

-JP Morgan
-American Standard
-Autodata Solutions
-Audacious Inquiry
-Putnam Technical Group
-Stargate Cyberactive
-Xchange business solutions

Our Customers

Seattle Office
2700 156th Ave NE Suite 225
Bellevue, WA 98007
Phone: 1-425-748-5128
Fax:      1-425-696-9222

Toronto 120 Eglinton Ave East, 10th floor Toronto, ON, Canada    Zip: M4P 1E2
                   Tel: 1-647-922-0660     Fax: 1-416-322-2877

Beijing Address: 3/F Building 5, No.11, Hepingli East Street, Dongcheng District, Beijing, China    Zip: 100013
                 Tel: 86-10-58049999/84217758/84217788    Fax: 86-10-66418118/84623101

Shanghai Address: 3/F, Tower A5, Block A, No.700 Yi Shan Road, Xuhui District, Shanghai, China    Zip: 200233
                     Tel: 86-21-64835658    Fax: 86-21- 64834307
Xiamen Address: No. 61 Wanghai Road, Software Park, Xiamen, China    Zip: 361008
                  Tel: 86-592-2396888     Fax: 86-592-2398222
Shenzhen Address: Room 707, Jiu Zhou Building, Road 12th, Technology Community, Nan Shan district, Shenzhen, China Zip: 518079     
                      Tel: 86-755-33633381




LGFTY $1.14s a/o 08/22/2011 1:25pm ET

Courtesy of Matt Chart~ Enjoy!!!

PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
#9089   Check last links!!! Pegaso 01/24/15 02:53:28 PM
#9088   Very happy to see this is not dead...yet!!! Pegaso 01/24/15 02:52:49 PM
#9087   Damages to be paid!!! Pegaso 01/24/15 02:50:59 PM
#9086   Good news!!! Pegaso 01/24/15 02:49:07 PM
#9085   Longtop case still alive... Pegaso 01/24/15 02:48:24 PM
#9084   We are back on track!!! Pegaso 01/24/15 02:46:48 PM
#9083 yppy 03/31/14 02:57:51 PM
#9082   Another link of interest... Pegaso 01/03/14 09:32:27 AM
#9081   Not that I know of. It could eventually Pegaso 01/03/14 09:31:04 AM
#9080   Glad to see the current board activity on LFT. yip 01/03/14 06:35:45 AM
#9079   The SEC may already have gained access to Pegaso 01/01/14 06:33:35 AM
#9078   Question for the board - if the SEC nsomniyak 12/30/13 09:55:09 PM
#9077 Pegaso 12/29/13 11:27:03 AM
#9076   No, we may get a compensation... Pegaso 12/29/13 10:48:51 AM
#9075   No it won´t, but we may get compensation... Pegaso 12/29/13 10:47:13 AM
#9074   More on this matter... Pegaso 12/29/13 10:46:45 AM
#9073   THanks a lot...this is really huge news...but will Pegaso 12/26/13 02:38:04 PM
#9072   WAI CHAU LIN Pay Up $882 million to yppy 12/03/13 12:38:21 PM
#9071   BIG NEWS ahhala 11/29/13 06:08:06 PM
#9070   News July 16, 2013 ... Now, for the ahhala 07/22/13 02:12:50 AM
#9069   can trade the stock again after court revoked. ahhala 07/19/13 03:02:51 AM
#9068   do you think trading will start soon? cicimici83 07/16/13 10:31:57 AM
#9067 payup1 07/16/13 06:46:52 AM
#9066 Texas bear 07/11/13 11:14:29 PM
#9065 payup1 05/24/13 10:30:15 PM
#9064   Thanks for the reply. I have ameritrade & dougem 04/29/13 06:29:08 AM
#9063   Yes, the same exact instance happened with me Smilin_B 04/28/13 09:04:29 PM
#9062   I have this stock in two different ameritrade dougem 04/28/13 03:07:42 PM
#9061   if LFGTY would straighten out the books we yppy 03/19/13 12:30:07 PM
#9060   (Reuters) - U.S. securities regulators faltered at times ahhala 03/14/13 09:47:01 PM
#9059   Is it even remotely possible that LGFTY will Smilin_B 01/08/13 06:40:59 PM
#9058   new news for longtop ahhala 01/08/13 04:42:21 PM
#9057   My etrade mobile does the same thing, it's bhonda 12/04/12 08:28:25 PM
#9056   last news ahhala 12/04/12 07:40:53 PM
#9055   Hey Cici..we all got burnt...if you hear anything Kymmer 12/04/12 06:34:03 PM
#9054   hmmm i have 20k of this POS. cicimici83 12/04/12 06:28:44 PM
#9053   Can you do a screenshot? My account Kymmer 12/04/12 06:28:28 PM
#9052   why the shares i own of this dog, payup1 12/04/12 05:18:53 PM
#9051   Updates on the class action lawsuit against Longtop Stavisky 11/18/12 02:32:54 PM
#9050   thank you for your DD. NHNMx 10/23/12 12:16:09 PM
#9049   I hope you're right but I fear it's Stavisky 10/23/12 04:17:00 AM
#9048   who said that U.S. were defrauded. wait two cicimici83 10/22/12 07:42:37 PM
#9047   Look at this: Stavisky 10/22/12 04:28:06 PM
#9046   I will be curious to see how this VinnyFuccahucci 08/03/12 08:18:03 PM
#9045   Nop, not in this case...Read court filings... Sec NHNMx 08/02/12 12:00:25 PM
#9044   If the company was sold, does that mean DCornerStone 08/01/12 11:52:09 AM
#9043   The last thing what I found was this NHNMx 07/25/12 09:12:32 PM
#9042   I tried a couple of searches and got JerichoJackson 07/25/12 08:57:08 PM
#9041   Via Google China, HK or Baidu. NHNMx 07/25/12 07:48:58 PM
#9040   Where do you find updates on their actual JerichoJackson 07/25/12 03:30:24 PM