10 years ago ...: New Chinese Yuan features Holo Security.
In October 2005, Holography News[R] reported that the People's Bank of China (China's central bank) had issued an updated version of the fifth series of the Chinese Yuan (Renminbi) on 31 August.
The set of Renminbi comprised notes for 5, 10, 20, 50, and 100 yuan denominations. The 2005 issue followed the designs of the 1999 issue, but incorporated additional security technologies. These included, on the 20, 50 and 100 yuan denominations, the replacement of the embedded 1 mm-wide security threads with 2mm-wide holographic magnetic window threads that appear on the reverse of the notes.
China Banknote Printing and Minting Corporation (CBPMC) was responsible for the design and manufacture of the notes, and its subsidiary, the Zhongchao Special Anti-Counterfeiting Technology Co, produced the holograms. Zhongchao installed its first holographic origination and production facilities in 1995, and had recently expanded its hologram production capacity, installing four wide web soft embossers as well as electroforming and recombination equipment, supplied by Eskay Holographies. Its new equipment also included a Galileo metallising chamber and de-metallising capability developed under a technology transfer arrangement with Hologram Industries Today the Chinese yuan still features holographic magnetic window threads. The People's Bank of China will be issuing a new 100 yuan note next month.
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|Title Annotation:||From the Archives|
|Date:||Oct 1, 2015|
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