China Youzan Co., Ltd. (the "Company"; "the Group"; "Youzan") is an innovative investment holding company dedicated to providing online and offline e-commerce solutions (also known as SaaS (Software as a Service) and various payment services for merchants. The Group includes the Company, Shenzhen Qianhai Zhong Chuanghuitong Internet Financial Services Co., Ltd and its subsidiaries, CountryPraise Enterprises Limited ("CPE") and its subsidiaries (collectively referred to as the "CPE Group") and Qima Holdings Ltd. And its subsidiaries (collectively referred to as "Youzan Group"). We are mainly engaged in merchant services and payment services in the people's Republic of China ("China"). Our business consists of four operating segments, namely (I) merchant services-providing a variety of SaaS products and integrated services in China through Youzan Group; (ii) third-party payment services; (iii)-providing third-party payment system solutions and selling integrated intelligent point-of-sale devices; and (iv) general trade.