Quanray Electronics

About Quanray Electronics

Shanghai Quanray Electronics Co., Ltd. is a provider of radio-frequency identification (RFID) hardware and Internet of Things (IoT) solutions. Founded in 2005 by Dr. Hao Min and Zheng Zhu, the company is based in Shanghai, China. Dr. Hao Min serves as the Chairman of the Board. The founding team also includes Dr. Qiang Li, VP of Engineering, and Linli Yang, Secretary of the Board.

Quanray Electronics offers a complete product line of RFID chips, tags, readers, modules, and software, focusing primarily on the UHF band. The company develops and provides UHF, HF, and dual-frequency RFID chips, as well as NFC mobile payment solutions and sensor function chip solutions. Its products are designed for applications in asset management, industrial manufacturing, logistics, smart retail, aerospace, and anti-counterfeiting. The company was the first in Asia to receive the EPC Global dual certification for chip compatibility and tag interoperability.

The company's business model is centered on providing comprehensive, one-stop RFID hardware solutions to a global clientele across China, Japan, the United States, and Europe. It has served major clients in the aerospace industry, including Airbus and Boeing, and is a significant supplier of UHF ICs for liquor anti-counterfeiting in China. Quanray has received funding from several institutional investors, including GSR Capital, Rieter Capital, Shanghai ICY Capital, and Kunshan Guoke Venture Capital.