Core Viewpoint - A payment institution, Henan Jubao Payment Co., Ltd., has announced its exit from the market by terminating its prepaid card issuance and acceptance business due to various factors, including the economic environment [1] Group 1: Company Actions - The company has decided to stop the issuance and acceptance of the Yushang card effective immediately [1] - Customers are provided with two options for subsequent actions: redeeming their funds or exchanging for prepaid cards issued by Henan Jianye Payment Technology Co., Ltd. [1] Group 2: Industry Impact - The exit of Henan Jubao Payment highlights ongoing challenges within the payment industry, influenced by economic conditions [1]

Core Viewpoint - Henan Jubao Payment Co., Ltd. has announced the termination of its prepaid card issuance and acceptance business due to various factors, including the economic environment, effective immediately [1][2]. Group 1: Business Termination - The company will stop the issuance and acceptance of the Yushang card as of the announcement date [1][2]. - Customers are provided with two options for subsequent actions: redeeming their cards or exchanging them for prepaid cards issued by Henan Jianye Payment Technology Co., Ltd. [1][2]. Group 2: Customer Support and Transition - The redemption and exchange services will be available from February 1, 2026, to April 30, 2026, at the company's card purchase hall [2]. - After April 30, 2026, Henan Jianye Payment Technology Co., Ltd. will continue to handle redemption and exchange services for customers [2].