Ltd. was established in 2004 with a registered capital of 102 million RMB. The company is headquartered in Beijing. The company holds the Internet payment license (nationwide) issued by the People's Bank of China and the qualification of cross-border e-commerce foreign exchange payment business issued by the State Administration of Foreign Exchange.
The company was granted a small loan operating license at the end of September 2017 with a registered capital of RMB 500 million. It is an Internet lending platform that integrates online and offline business for merchants in the Internet+O2O model, improves the long- and short-term capital turnover of merchants, and combines the payment industry to dig deeper into the relationship between merchants and their upstream and downstream industries.