According to the disclosure of information on important license changes for non-bank payment institutions, it was agreed that Shanghai Xingfutong Payment Co., Ltd. would merge with Dongfang Futong Payment Technology Co., Ltd. and increase the registered capital to 300 million yuan. Dongfang Payment Technology Co., Ltd. terminated the payment business and cancelled the “Payment Business License”. The announcement will be published on September 24.

According to the disclosure of information on important license changes for non-bank payment institutions, it was agreed that Shanghai Xingfutong Payment Co., Ltd. would merge with Dongfang Futong Payment Technology Co., Ltd. and increase the registered capital to 300 million yuan. Dongfang Payment Technology Co., Ltd. terminated the payment business and cancelled the “Payment Business License”. The announcement will be published on September 24.