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"Case Study: China Agricultural Bank, Guangxi Zhuang Autonomous Region Branch, Implements Sivo CP3 License Plate Recognition System + T9 Card Swiping"
Category: News Center
Author: Xiwo Wisdom
Source: Official WeChat Account
Published on: 2022-09-07 11:59

The Guangxi Zhuang Autonomous Region Branch of the Agricultural Bank of China is a Tier-1 branch established by the Agricultural Bank of China in the Guangxi Zhuang Autonomous Region. Since its resumption of operations in 1979, the Guangxi Branch has continuously embraced the philosophy of modern, advanced commercial banking, refining its operational approaches and marketing strategies. Firmly focused on the theme of effective growth, the branch has prioritized enhancing management efficiency and asset profitability, while simultaneously strengthening its risk management framework. As a result, all aspects of its work have maintained steady, rapid, and coordinated development, positioning it as a vital force driving Guangxi's ongoing rise. By 2009, the branch had already received the "Outstanding Contribution Award for Supporting Guangxi's Economic Development" from the autonomous region for four consecutive years.


SEWO-CP3 "License Plate Recognition System":
The application of license plate recognition technology at parking lots and residential community entrances/exits primarily focuses on recording the license plate number, license plate color, and entry/exit times, enabling automated vehicle management to save manpower and enhance efficiency. For instance, in smart residential communities, this technology can automatically determine whether an incoming vehicle belongs to the community, while seamlessly implementing automatic timed charging for non-resident vehicles. In some organizations, this application can also be integrated with vehicle dispatch systems, allowing for the automatic and objective tracking of company vehicles' departure activities.
● License plate recognition rate: Daytime ≥99.5%; Nighttime ≥98.5%;
● License plate detection rate: Daytime ≥99.9%; Nighttime ≥98.5%;
● Recognition speed: <0.2 seconds;
● License plate number extraction: Supports automatic recognition and extraction;
● The license plate in the image for license plate recognition must have more than 120 pixels;
● Output information: Large vehicle plate image, small vehicle plate image, vehicle plate recognition number, vehicle plate color, and lane recognition;
● Supports WeChat Pay via QR code scanning, allowing parking fees to be directly credited to the property management account—no intermediary required, and no need to download an app.

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