Wells Fargo Escort

Company Introduction:
The financial industry is one of the four pillar industries that Shenzhen has been fully supporting for development. Shenzhen was rated as a first-tier city in China's financial ecological environment in the "Evaluation of China's Urban Financial Ecological Environment" released by the Chinese Academy of Social Sciences. The favorable environment has created the soil for the growth of Shenzhen Wells Fargo Financial Escort Co., Ltd.
In 1996, under the leadership of the People's Bank of China, Shenzhen took the lead in carrying out reform of the financial escort system nationwide. Led and organized by the Shenzhen Central Sub-branch of the People's Bank of China, Shenzhen Wells Fargo Financial Escort Co., Ltd., jointly funded by 17 financial institutions in Shenzhen, was formally established in February 1997. The company's registered capital is 58 million yuan. Over the ten years since its establishment, the company's total assets have reached 250 million yuan, and it now has more than 2,000 employees. The company takes cash escort and custody business as its core, and its business types cover cash escort and custody for bank branches, long-distance escort of cash and valuables, airport transfer escort, and vault custody of gold, jewelry and other valuables; its escort business covers all bank branches throughout Shenzhen. At the same time, it provides on-site cash collection services for nearly a thousand large enterprises. The company has invested tens of millions of yuan to establish a centralized dispatch electronic system, remote monitoring system, and GPS satellite communication positioning system for escort operations, achieving professional and technology-driven escort services and laying a solid foundation for the company to develop high-end financial logistics business.
Over ten years of safe operation without accidents, the company has gained broad social recognition. Shenzhen Special Zone Daily, Yangcheng Evening News, and Xinhua News Agency's "Domestic Dynamics" and other media have reported on it in detail at length. In 2002, it was awarded "Most Growth Potential Enterprise" by the Shenzhen Enterprise Confederation; in 2003, it was awarded "Shenzhen Top Ten Industry Enterprise" by the Shenzhen Enterprise Confederation; in 2003, it was awarded "Warm Enterprise" by the Shenzhen Federation of Trade Unions; in 2005, it was successively rated as a "Well-known Chinese Enterprise" and "Shenzhen Famous Brand".
In order to expand its business scope, on the basis of its original escort business, the company leverages its deep financial background and strong financial and technological strength to continuously enrich and improve financial service business, such as management and services for bank self-service equipment, guarding and care of exhibitions, and vault leasing. The company's established development strategy is to further expand and strengthen its escort business, focus on financial services, continuously develop new service types, and develop into a modern financial logistics group integrating cash escort, management and services for bank self-service equipment, agency allocation of currency issuance, cash sorting, small change distribution, damaged banknote processing, document delivery, air escort, and security guarding of financial outlets.