XGD(SZ:300130)2022-11-10 11:54Group 1: Financial Performance - In Q3 2022, the company achieved a revenue of 1.168 billion CNY, a 5.51% increase compared to Q2 2022, and a net profit of approximately 112 million CNY, up 7.69% from Q2 2022 [4] - For the first half of 2022, the subsidiary Jialian Payment reported a revenue of approximately 1.653 billion CNY, representing a year-on-year growth of 58.87% [5] - The total transaction volume processed by Jialian Payment reached approximately 13.4 trillion CNY, a 64.05% increase from the previous year [5] Group 2: Market Expansion and Product Development - The company’s electronic payment products' overseas exports grew by over 60% compared to the same period last year [8] - The newly launched smart terminal device N86 has achieved good sales performance, supporting various payment methods including digital RMB [4] - The company is actively researching cross-border payment services, planning to expand into markets in Europe and the United States [7][9] Group 3: Regulatory and Compliance Issues - Jialian Payment's payment business license renewal is currently under review, with the company maintaining close communication with regulatory authorities [6] - The company has not received any updates from regulatory bodies regarding the renewal status, and it is committed to addressing compliance issues [6][9] Group 4: Strategic Initiatives and Future Outlook - The company emphasizes the integration of various business segments to enhance overall profitability and risk resilience [7] - Future plans include leveraging technology such as AI and big data to innovate in the electronic payment sector and support clients in digital transformation [7] - The company aims to maintain a focus on sustainable growth and high-quality development to improve its market valuation [9]