Core Insights - Huanxun Payment has established itself as a pioneer in the domestic third-party payment industry since its inception in 2008, focusing on technological innovation as its core driving force [1][2] - The company has developed a diverse product matrix to meet merchants' digital transformation needs, including integrated payment solutions and smart store management [2] Group 1: Company Development - Huanxun Payment was founded in 2008, initially concentrating on technology research and development, launching a next-generation electronic payment platform that integrates online and offline payment management [1] - In 2011, the company became one of the first to obtain a Payment Business License and joined the China Payment and Clearing Association, accelerating technological iterations within a compliant framework [1] - The company has continuously enhanced its technology, launching a new electronic payment platform in 2012 and upgrading its risk control technology module in 2014 with a big data-based intelligent risk assessment model [1] Group 2: Product and Service Offerings - Huanxun Payment has built a multi-faceted product matrix that includes aggregation payment, smart store management, and digital marketing, with its core merchant service platform, Haoda, leveraging a full-link intelligent risk control system [2] - The company supports over 200 million merchants across more than 600 cities, facilitating an integrated upgrade of "payment + operation" through features like smart cash registers and inventory management [2] - Huanxun Payment's technological innovations have earned international certifications such as PCI-DSS and ISO 27001, and it was recognized as one of the top 100 enterprises in Shanghai's software and information technology services in 2024 [2]