Description of our business including country of incorporation and main country of operation details and details of exchanges or trading platforms on which we have securities
BlueStar SecuTech Inc. is incorporated in The British Virgin Islands, and the registered Number is 1032245. As the Company is incorporated in BVI, the rights of shareholders may vary from those of a UK incorporated company. The Company’s primary country of operation is China. Our shares are traded on the UK AIM only.Introduction
BlueStar SecuTech Inc. is the leading video network surveillance solution provider in China. We design, develop, market and manufacture our proprietary video network solutions. With our core products: Network Platform, Network Video Recorders (NVRs) and Digital Video Recorders (DVRs), we are the major supplier of video network technology solutions to the banks in China, we provide the best surveillance solutions that are vital for our customers, fulfilling their need of video surveillance security. BlueStar SecuTech Inc. was incorporated on 7 June 2006 under the laws of the British Virgin Islands and was quoted on the AIM market of the London Stock Exchange on 18 June 2007. Its head office is in Beijing and has branch offices in Shanghai, Guangzhou, Shenyang, Xi’an, Chengdu and Tianjin of China. At BlueStar we provide our clients with the highest standards in technology, performance products, and service at a very competitive price. This includes our video network solutions, software optimising and upgrading services, NVR & DVR sales and replacement. When it comes to data storage, we are very proud to be using a “network surveillance management platform” to achieve integration and centralisation management. This in turn simplifies the management of video data, by making it easily accessible for any time and date, on or off site. We also provide direct solutions for special applications of businesses such as banks, stock brokers and public security organisations. All of which can be achieved based on the development, production and sales of large-sized central management software, NVRs, DVRs and peripheral devices. In recent years, BlueStar has experienced rapid growth and obtained a number of awards including 2007’s Deloitte’s Technology Fast 500 Asia Pacific and 2007’s Deloitte’s Technology Fast 50 China awards for growing companies.Our achievements are a result of the following key factors
1) An advanced video network platform system, providing customised solutions for our clients including: All new systems must be NVR & DVR All installed recorders must be replaced at least every five years 1 to 1 policy, whereby every cash counter & ATM must have 1 exclusive camera which must be connected to 1 dedicated DVR unit 24hrs/day, 7 days/wk, 25 frames/sec, images stored >30days 2) We have copyrighted application software to ensure that we are at the forefront of any technology advancements in the sector: Network management platform software, which is the brain of our network solution Numerous NVR & DVR application software, which are the product drivers Video image transformation software, which supports the network function in the product 3) The People’s Bank of China’s regulations drive NVR & DVRs to be updated across the industry and also drive sales: All new systems must be NVR & DVR All installed recorders must be replaced at least every five years 1 to 1 policy, whereby every cash counter & ATM must have 1 exclusive camera which must be connected to 1 dedicated DVR unit 24 hrs/day, 7 days/wk, 25 frames/sec, images stored >30days 4) A huge potential market opportunity drives the application of NVR & DVR in China and promotes sales: Replacement of analogue VCR commenced in mid 1990s Embedded DVRs were introduced in early 2000 Tier 2 and 3 cities are expected to follow tier 1 cities in the use of DVRs Some 270,000 bank branches & ATMs acr🐻oss 30 provinces in China Rising demand in public areas to address terrorist concerns and safety issues eg. 2008 Olympics 5) The successful application of our products for highly-qualified Banks set a benchmark for the development of other companies and sectors to follow.
