Core Viewpoint - Guangdian Yuntong has obtained the Money Service Operator (MSO) license from Hong Kong Customs for its wholly-owned subsidiary, Guangdian Huitong (Hong Kong) Limited, marking a significant step in its cross-border payment services and global expansion strategy [1] Group 1: License Acquisition - The MSO license is valid from October 13, 2025, to October 26, 2027, allowing the company to conduct compliant cross-border fund settlement and foreign exchange services [1] - The acquisition of the MSO license enhances the company's capabilities in the financial technology sector and aligns with its global development strategy [1] Group 2: Business Focus - Guangdian Huitong aims to provide a one-stop global payment settlement solution, enhancing collaboration with its parent company, Zhongjin Payment Co., Ltd. [1] - The company plans to create an integrated fund channel that combines domestic and overseas services, offering safer, more efficient, and transparent cross-border financial technology services to corporate clients [1]

Core Insights - The forum "Intelligent Gathering at the Bund: Co-creating a New Ecosystem of Financial Technology" was successfully held, focusing on cross-border fintech and its role in empowering enterprises to go global [1] Group 1: Cross-Border Financial Technology - Airwallex is leveraging technology and compliance to help businesses address challenges such as high compliance costs, increased exchange rate volatility, and compressed profit margins [4] - The company has established a new global cross-border payment network, achieving approximately 95% of transactions settled within hours, with 68% being instant [4] - Airwallex integrates AI and big data into product development and business processes, creating an intelligent compliance risk control system for global fund allocation and innovative exchange rate management tools [4] Group 2: Commitment to the Chinese Market - Airwallex has over 60 payment licenses globally and shows strong confidence in the Chinese market, having successfully renewed its payment business license in July [6] - The renewal of the license is a recognition of Airwallex's compliance operations and business capabilities in China, laying a solid foundation for further business expansion [6] - The company aims to increase its investment and presence in China, contributing to the development of the financial technology industry and supporting Chinese enterprises in their global endeavors [7]