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Trades about 23% below its sector, cheaper than its peers on earnings.
XGD Inc., along with its affiliated entities, focuses on the comprehensive lifecycle of Point-of-Sale (POS) terminals, encompassing their research, development, production, distribution, and rental across both the Chinese domestic and international markets. The company is also responsible for engineering both the software and hardware components for financial POS systems. Its service portfolio includes creating e-commerce and internet payment software, in addition to offering technical support to key clients such as UnionPay commerce, various commercial banks, and third-party service providers. Beyond this, XGD Inc. delivers financial services and is actively engaged in the Internet of Things (IoT) sector, supplying solutions to terminal merchants and other customers. Founded in Shenzhen, China, in 2001, the company operated under the name Nexgo Inc. until it rebranded to XGD Inc. in October 2018.
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