Core Viewpoint - The article discusses the significant changes in the ownership structure of Dongfang Electronic Payment Co., Ltd., with the entry of Ningzhi Information Technology (Shanghai) Co., Ltd., a wholly-owned subsidiary of Xiaohongshu, indicating Xiaohongshu's acquisition of a payment license [1][2][5]. Group 1: Ownership Changes - On November 3, Dongfang Electronic Payment underwent a change in business registration, with all original shareholders exiting and Ningzhi Information becoming the sole shareholder with 100% ownership [1][2]. - Six shareholders exited, including Shanghai Electronic Data Exchange Network Service Co., Ltd. (63.71%), Shanghai Minghui Equity Investment Partnership (9.95%), and others [2]. - The registered capital of Dongfang Electronic Payment was increased by 0.78 billion to 2 billion on the same day [5]. Group 2: Business Implications - Dongfang Electronic Payment, established in 2008, operates in the non-financial institution payment service sector and has been approved by the People's Bank of China to obtain a payment business license [5]. - The company’s business scope includes non-bank payment services, communication equipment sales, and retail of computer hardware and software [5]. - Xiaohongshu has been intensifying its e-commerce efforts, offering commission-free plans for merchants and substantial support for commercial creators, positioning itself as a significant player in the financial sector [5].