In 1996, the concerned departments of the China State Council conducted a special study on the security of banknotes transportation, and for the first time puts forward a reformative idea for the formation of a professional third-party cash-in-transit services company. Under the initial guidance of the former People’s Bank of China Shenzhen Special Economic Zone Branch, with the strong support of public security bureaus at all levels, Shenzhen VPOWER Finance Security Co., Ltd. (hereinafter referred as “VPOWER or the Company”), which was owned by subsidiary companies of 17 financial institutions in Shenzhen, was formally established in 1997, leading the trend of security transport of banks’ cash by professional cash-in-transit services companies.
At present, the registered capital of VPOWER has reached RMB 108 million and the Company has established four operations bases at LongGang, FuTian, Baoan, Meilin in Shenzhen, employing around 3,000 employees and 625 operations vehicles, and is now serving more than 3,000 points of services network. It is the pioneer, explorer and leader in the Financial Logistics Industry in China. In the past 20 years, VPOWER had handled banknotes amounting to some of RMB 1,350 million or an accumulated total mileage of 210 million kilometers in terms of security transport, creating an industry record of “zero” major security responsibility incident! The overall service transformation was not only for the banking industry in Shenzhen, and a unique and indispensable contribution, but also created VPOWER model, a well-known brand-name in the China financial logistics industry.
After 20 years of growth, the service-chain of VPOWER has been well improved. With good founder on basic financial services: Cash-in-transit, Cash-processing, ATM first-line maintenance, Vaulting services, Security guarding and storage services, we have established Shenzhen Vpower Security Service Co., Ltd., VPOWER FINANCE SECURITY (HONG KONG) Ltd., VPOWER ANJIE logistics Co, Ltd., VPOWER Shanghai Cargo International Freight Forwarding Co, Ltd., and have extended services to Cross border security transportation, Gold bars storage and handling, valuables transportation, storage and air-cargo logistics.
Committed to becoming China's leading financial logistics service provider is the vision of VPOWER.