Nanjing Sanbao Technology Co., Ltd. (HK01708 for short) was restructured and established in 2000 with the approval of the Nanjing Municipal People's Government. It was successfully listed in Hong Kong, China in 2004, becoming the first Hong Kong-listed intelligent transportation company in China. With years of radio frequency identification (RFID) technology, video recognition technology, and data processing technology reserves, Sanbao Technology has now grown into an innovative private technology industry company with intelligent transportation, modern logistics, and health services as the industrial base, and information services as the industrial direction. In the field of information services, Sanbao Technology has formed a comprehensive IoT application solution with radio frequency identification (RFID) and video recognition technologies as the core, and is committed to providing industry users with information collection, information transmission, information processing, and information services, and has embarked on a journey aimed at “smart Earth, sensing China.” The electronic locks and smart containers with RFID as the core technology, rapid customs clearance systems, and full logistics supervision systems developed by Sanbao Technology have covered more than 80 grass-roots customs offices across the country, with a market share of over 40% in the current field of customs logistics supervision. At the same time, the launch of non-priceless commodity supervision and intellectual property product protection projects has opened up a new situation in the application of IoT technology in the field of customs supervision and information services. The successful application of related products and services such as commodity credit and traceability (CCS) and electronic dart boards in the fields of cold chain logistics and pharmaceutical logistics also marks the official entry of Sanbao Technology from the field of customs logistics into the major field of social logistics. Sanbao Technology has provided intelligent systems such as electronic police, road monitoring, public security traffic command, and urban security prevention and control for more than 200 cities across the country. At the same time, highway network monitoring, communication, no-stop toll systems, and intelligent highway tunnel systems have been applied to more than 30 highways in the country. At the same time, a series of products such as Smart Travel 365, online transportation, vehicle electronic cards, and in-vehicle terminals have also been effectively applied and promoted. As a landmark project for the development and application of the Internet of Things and a core resource platform for intelligent transportation, the successful construction of an urban intelligent transportation platform has effectively boosted the digitalization, networking, and intelligence process of smart cities. In 2009, Sanbao Technology cooperated with Nanjing Pharmaceutical Co., Ltd. to implement the construction of a pharmaceutical supply chain based on RFID technology to jointly build a public service platform for China's perception health industrialization. This innovative transformation initiative has provided a strong impetus for the rapid development of the health industry, which is the number one domestic demand. At the same time, relying on IoT application technology, Sanbao Technology provides an information service platform for food traceability, customs licensing commodity supervision, intellectual property item protection, special equipment safety supervision, vehicle management, production safety monitoring, logistics safety, etc. Sanbao Technology is also committed to the design of low-power, low-cost passive ultra-high frequency RFID chips. The UHF RFID readers and electronic tags developed by Sanbao are in a leading position in the country and have been successfully applied in fields such as logistics supervision, intelligent transportation, and pharmaceutical distribution. With strong independent innovation capabilities and first-mover advantages of core technology, Sanbao Technology has now formed a complete industrial chain of passive UHF RFID chip design, industrial electronic tag packaging, readers, writers, system applications, and system operation. Innovative products newly developed by Sanbao Technology, such as RFID intelligent turnover boxes, multi-lane recognition systems, cloud storage control units, intelligent units for the Internet of Vehicles based on the RPU platform, and origin units, have already been put on the market. In the future, Sanbao Technology will rely on continuous scientific and technological innovation and large-scale technological investment to become a leading Chinese IoT enterprise with IoT core technology, providing IoT system solutions for users, capable of implementing value-added IoT services, and is highly recognized by the international and domestic IoT markets.