TRANSFAR ZHILIAN(SZ:002010) Jin Rong Shi Bao·2025-12-06 03:43Core Viewpoint - The People's Bank of China has announced the renewal of the payment business license for non-bank payment institutions, with a focus on the long-term validity of licenses for companies like Transfar Pay [1][2]. Group 1: License Renewal - On December 5, the People's Bank of China published information regarding the renewal of payment business licenses for non-bank payment institutions, specifically for the batch of December 2025 [1]. - Transfar Pay, which obtained its payment license in December 2015, has received a "long-term valid" payment license, allowing it to operate both Class I and Class II stored value account services [3]. Group 2: Corporate Transactions - On March 31, 2025, Transfar Zhiliang (002010) approved a resolution to transfer 100% of its subsidiary Transfar Pay's shares to Shanghai Sunrate Information Technology Co., Ltd. for a price of 315 million yuan [3]. - Shanghai Sunrate, established in 2016, is a cross-border payment company that provides secure and efficient global payment and treasury management solutions for businesses in over 190 countries and regions [3].