Group 1 - The payment license of Renbao Payment Technology (Chongqing) Co., Ltd. has been officially revoked as of July 1, 2023, marking the seventh payment license cancellation disclosed by the People's Bank of China (PBOC) this year [1] - Renbao Technology, originally known as Chongqing Lianfutong Network Settlement Technology Co., Ltd., was established in 2012 with a registered capital of 200 million yuan and obtained its payment business license in July 2014 for internet payment services [1] - The PBOC has cumulatively revoked 103 payment licenses since the issuance of the first batch in May 2011, with only 168 payment institutions currently holding valid licenses [2] Group 2 - The annual cancellation of payment licenses from 2015 to 2024 has varied, with a total of 103 licenses revoked, and prepaid card business institutions accounting for nearly 80% of these cancellations [2] - The number of payment licenses revoked each year from 2015 to 2024 includes: 2, 3, 19, 9, 1, 4, 9, 23, 16, and 10 respectively [2]