About HI SUN TECH Company

Hi New Technology (China) Co., Ltd. (“Hi Xin” or “Group”) is China's leading provider of integrated payment, finance and telecommunications solutions, providing cutting-edge service agencies and telecom operators to small, medium and micro merchants, banks, the financial industry, and telecom operators using the technical knowledge accumulated in the financial and telecommunications fields. Through its business, which includes payment processing, financial solutions, payment platform solutions, etc., and holds shares in the ETF-POS terminal business, Hi Sun centrally deployed service provision, system maintenance, application development, and terminal provision for the financial and payment industry chain. In 2010, Hi Sun split the ETF-POS terminal business PAX Global Technology Limited (“PAX”, stock code: 327.hk) and listed separately on the Hong Kong Stock Exchange. Currently, Hi Sun is the controlling shareholder of PAX. The Hong Kong Stock Exchange is one of the few stocks that focus on offline payments.