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1.
An online texting or chatting acronym created by using Chinese PinYin words. These pincronyms are commonly used by Chinese-Americans in conversations comprised of both English and Chinese together.
Examples of Pingcronyms:

NRM = Niu Rou Mien (Beef Noodle Soup)
NZGSM = Ne Zai Gan She Me (What are you doing)
Z = Zao (Chinese form of Good Morning)
ZJ = Zai Jian (Goodbye)
HH = Heng Hao (Very good or Great)

Common Pingcronym usage example would be:

Person A: Z!
Person B: Z! NZGSM?
Person A: Nothing much
Person B: gotta go, ZJ!
by PaulShoe July 21, 2010