Shenzhen Ruichi IoT Technology Co., Ltd. has always been committed to the development of the Internet of Things (IoT) industry. It is a high-tech enterprise that integrates research and development, production, and sales. With years of industry experience and a strict quality control system, it focuses on providing passive RFID tag research and development, design, and manufacturing for fields such as smart retail, smart assets, smart healthcare, and industrial IoT. In order to meet the diverse needs of customers, in 2020, Ruichi IoT fully acquired Farsens, a well-known European passive UHF+sensor chip company, and launched a series of intelligent products including UHF+sensor chips, passive temperature measurement, pressure measurement, humidity, LED lighting query, displacement, torque, weighing, intelligent switches, etc. In order to provide better localized services to customers, Ruichi IoT has established subsidiaries or offices in Shenzhen, Shanghai, Beijing, Spain and other places. In the next three years, the company will continue to invest heavily in research and development and the establishment of global branches.