Core Viewpoint - The announcement of YeahPay Japan obtaining payment qualifications in Japan marks a significant expansion of the company's global payment footprint, enhancing its ability to provide efficient payment services to customers [1][2]. Group 1: Regulatory Achievements - YeahPay Japan has received approval from Japan's Ministry of Economy, Trade and Industry, allowing it to operate as a "credit card number contract conclusion business operator" under the Installment Sales Act, and has obtained the AOC compliance certificate [1][2]. - This recognition reflects the Japanese regulatory authorities' acknowledgment of the company's product services, data compliance, and consumer rights protection [2]. Group 2: Business Expansion and Strategy - The company aims to leverage its existing business foundation and collaborate with Shenzhen Fushi Technology Co., Ltd. to enhance localized sales and product teams in Japan, facilitating the promotion of local life and in-store e-commerce services on international platforms [2]. - Since exploring overseas markets in 2021, the company has actively applied for various licenses, including those in Hong Kong, Singapore, and the United States, to accelerate its overseas payment license layout [2]. Group 3: Financial Performance and Growth - The company has launched various services globally, including local wallets, overseas wallets, credit cards, joint collection, foreign exchange, and cross-border remittances, effectively expanding its client base across diverse industries [3]. - In 2024, the company's overseas business transaction volume exceeded 1.1 billion RMB, representing a nearly fivefold year-on-year growth, indicating strong market expansion capabilities and high customer recognition [3]. - The company plans to enhance its commercial capabilities by improving synergies across different business lines, providing a one-stop digital business empowerment solution for merchants across various regions [3].