Watchdata (北京握奇数据股份有限公司) is a Beijing-based company founded in 1994, specializing in digital security products and solutions. The company operates across four core business areas: **Connectivity:** Provides trusted device connectivity for mobile networks, IoT, and V2X (vehicle-to-everything) environments. Products include telecom SIM cards (2G/3G/4G/5G compatible), IoT M2M SIMs, and eSIM solutions. **Payment:** Delivers security solutions for physical, electronic, and digital transactions. Products include financial payment cards (chip-based), transportation cards, ETC (Electronic Toll Collection) systems, mobile payment POS terminals, and card readers. **Identity:** Protects personal and object identities across physical and digital domains. Offers identity cards, digital car keys, smart cryptographic keys (hardware tokens), and mobile security keys for financial and law enforcement applications. **Digital Infrastructure:** Provides foundational security technologies including TGoMOS® (an open multi-application OS for secure chips), TSM (Trusted Service Management) platforms, TEE (Trusted Execution Environment) solutions, key management systems, electronic signature platforms, and enterprise CA services. The company's technology foundation includes cryptographic algorithm applications, digital security protection, and secure chip OS development. Products support functions such as identity verification, key generation, secure storage, and data protection. Watchdata operates 3 global production facilities (China, Singapore, India) and serves 70+ countries.