HNA Technology Investments Holdings Limited formerly known as Advanced Card Systems Holdings Limited is a Cayman Islands-incorporated offshore holding company. Its subsidiary, Advanced Card Systems Limited, was incorporated in British Hong Kong in 1995 by Denny Wong. In 2017, HNA Group, via HNA EcoTech Group and HNA EcoTech Group's subsidiary, acquired Advanced Card Systems Holdings as part of a reverse IPO.
ACS develops smart cards, smart card readers and related products, and distributes them to over one hundred countries. It was ranked by Frost & Sullivan as one of the world's top 3 suppliers and Asia Pacific's top supplier of PC-linked Smart Card Readers. In 2010, 2014, and 2015, it was listed among Forbes Asia's "Best Under a Billion", a prestigious list of 200 top-performing companies with sales between US$5 million and US$1 billion, selected from publicly listed enterprises in Asia Pacific.
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