Jin Rong Jie·2025-07-04 08:34Core Viewpoint - The cross-border payment sector has seen a collective surge, with multiple stocks hitting the daily limit up, driven by the increasing relevance of cross-border payment solutions and digital currency initiatives in China [1][3][4][7]. Company Summaries - Jida Zhengyuan (003029.SZ): Latest price at 26.16 yuan (+10.01% limit up). The company has financial-grade certification products applied in the RMB cross-border payment system (CIPS), collaborating with the central bank and six major state-owned banks [1]. - Hailian Jinhui (002537.SZ): Latest price at 9.47 yuan (+9.99% limit up). It holds both cross-border RMB/foreign currency payment licenses and Hong Kong MSO licenses, serving over 200 countries. The business highlights include supporting 15 currencies across 8 major scenarios such as airline tickets and study abroad [3]. - Youbo Xun (300531.SZ): Latest price at 21.14 yuan (+19.98% limit up). The company has seen a surge in overseas revenue from smart payment terminals and has participated in the design of digital RMB cross-border scenarios, with notable breakthroughs in the Russian market [4]. - ST Rindong (002647.SZ): Latest price at 5.87 yuan (+5.01%). Its subsidiary, Heli Bao, holds cross-border RMB payment records, with expectations of turning losses into profits and lifting the company’s delisting risk [5]. - Sifang Jingchuang (300468.SZ): Latest price at 47.39 yuan (+19.97% limit up). The company is deeply involved in the central bank's "Multilateral Digital Currency Bridge" project, with successful cross-border payment technology cases implemented in Hong Kong [7]. - Lakara (300773.SZ): Latest price at 31.90 yuan (+13.04%). As a fully qualified payment institution, it has a cross-border network covering over 100 countries, with scarce qualifications registered with the foreign exchange administration [9]. - Advanced Shuton (300541.SZ): Latest price at 15.79 yuan (+12.87%). The company provides CIPS interface solutions for commercial banks, focusing on transaction and clearing security control across the entire chain [11]. - Huafeng Superfiber (300180.SZ): Latest price at 8.77 yuan (+9.08%). Its subsidiary, Weifutong, has delivered an overseas digital RMB cross-border system and is exploring cooperation models with CIPS [13].