Shenzhen Nation RFID Technology Co., Ltd. Completes New Round of Financing with Direct Investment from Futian Capital
Shenzhen Nation RFID Technology Co., Ltd. (referred to as “NATIONRFID”) completed a new round of financing in January 2025, with direct investment from Shenzhen Futian Capital Group. The funding, amounting to tens of millions of yuan, will primarily be used for the research and development of RFID (Radio Frequency Identification) mobile chip technology, strengthening the company’s leadership in the RFID field and expanding its product line.
About NATIONRFID
Founded in 2015, NATIONRFID is a high-tech enterprise in China, specializing in chip development, module creation, and reader/writer equipment supply. The company is the only enterprise in China capable of developing RFID UHF dual-chip solutions and ranks among the top three global players in the UHF module market.
Government Support and Market Potential
The RFID chip industry has long attracted the attention of government-guided funds due to its market potential and commercial value.
Discussing this round of financing, Li Guannan, Investment Director at Shenzhen Futian Capital Group, highlighted that
“NATIONRFID has focused on the research and development of RFID reader chips and product iterations in recent years. The company has achieved remarkable innovation in its R&D and has seen stable growth, with strong “self-sustaining” capabilities in its operations.”
Wang Zhucheng, General Manager of NATIONRFID, stated that
“This new round of financing will further strengthen Guoxin IoT’s leading position in the RFID sector. It will also facilitate the company’s product line expansion, allowing for the development of RFID industrial readers and handheld devices suited to various scenarios, based on its self-developed domestic chips and readers/writers. This will enhance the competitiveness and market share of domestic chips in the global market,”
Government Investment and Policy Support
On the policy front, the government investment fund sector has entered a new phase of top-level design. Recently, the State Council issued the “Guiding Opinions on Promoting the High-Quality Development of Government Investment Funds,” aiming to build a more scientific and efficient management system for government investment funds. Among the key proposals, it is emphasized that funds should act as long-term and patient capital to regulate economic cycles and encourage investment in early-stage, small, long-term, and hard-tech ventures.
Impact on Technological Innovation
“The vibrancy of equity investment has a significant impact on the dynamism of technological innovation. As a district-level government-guided fund, we will help enterprises connect with more market-oriented investment resources, expand business channels, and support the growth of high-quality innovative enterprises,” Li Guannan concluded.
Future of RFID and Smartphones
RFID reader chips, roughly the size of a fingernail, are already being applied in areas such as retail, express logistics, and enterprise fixed asset management. The technology works through non-contact data communication between a reader and a tag to achieve objectives like identification and anti-counterfeiting. Currently, NATIONRFID has successfully developed its third-generation RFID reader chip and plans to dedicate additional resources and teams to focus on the development of RFID chips for smartphones.
“In the future, consumers will be able to easily read the product information embedded with RFID tags through their smartphones or tablets, without the need for additional professional devices,” Wang Zhucheng added. He also emphasized that smartphones will become a key gateway and controller for the Internet of Things, promoting interconnectedness among IoT devices and driving the broader adoption of IoT technology across homes, communities, and cities, making life smarter and more convenient.
The news is published in Shenzhen News, Shenzhen’s authoritative media.
The news is published in CHINA SCIENCE AND TECHNOLOGY INNOVATION EXPRESS NEWS.
