Beijing Tongfang Microelectronics Co Ltd is a leading enterprise in the domestic financial IC card chips market. The chips of Tongfang Microelectronics Co Ltd currently are widely used in the cards of some large banks such as the Bank of China, Industrial and Commercial Bank of China and China Construction Bank, after having gone through filed tests. These chips, applying advanced 110nm technology, are the first dual-interface products to pass the UnionPay chips safety certification.

The financial IC card chip has won several awards at the national level, including the National Golden Card Project Golden Ant Award, the innovation award for Chinese Smart Card Chip Design. This chip product is also widely used in resident's health cards.