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Moomoo > Quotes > 08325 CHINA SMARTPAY > Main Composition
08325 CHINA SMARTPAY
0.0560.0000.00%
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Business Unit:HKD

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FY: Financial Year Annual Report, which is equivalent to the 10-K file disclosed by the listed company to the SEC.

Q: Quarterly report, which is equivalent to the 10-Q file disclosed by the listed company to the SEC, where Q1, Q2, Q3, and Q4 are single quarterly reports with a span of 3 months; Q6 and Q9 are cumulative quarterly reports, and Q6 is 6 months , Q9 is 9 months.

Company Overview More
China Alipay Group Holdings Co., Ltd. is a listed company of smart payment and small and micro finance (8325.HK) with scarce license. The company has national prepaid card license and Internet payment license, mastering the industry-leading intelligent cloud POS technology and systems, creating the best team and technology in the industry, and working with well-known strategic partners to lead the development of the industry. China Alipay's payment business will be based on prepaid card business, vigorously develop Internet payment, mobile payment, O2O and other services, and serve C-end customers wholeheartedly in order to establish and manage a huge real-name account system. In the long run, a comprehensive personal financial service platform will be built on this basis. The company's third-party payment industry has boomed in recent years, growing from $3 trillion in 2009 to about 23 trillion in 2014, with CAGR as high as 50%. The third-party payment industry is generally divided into bank card receipt, prepaid card, and Internet payment (including mobile payment, China pay has a national prepaid card license and Internet payment license, and strive to achieve full payment license. Prepaid business has the special advantages of "convenience, security, service and interaction", which makes it an irreplaceable payment tool in some environments, such as citizen card, medical and health card, personal gift card, business area membership card, etc.; after combining advanced technologies such as Internet payment and mobile payment, it will become a powerful tool to undertake business transformation and online and offline linkage (O2O). At present, the competition in China's third-party payment industry is fierce and the supervision is strengthened. Since 2011, the central bank has issued third-party payment licenses one after another, of which only six are national prepaid card licenses. China PayTone insists on taking the "integrated intelligent payment platform" as the main body, promoting B-end and C-end services, creating an ecological circle of "payment + accounts + data + financial services", and finally realizing the personal value-added services of Internet small and micro financial machines. According to the company's current layout, it is expected to develop 100 million active users, 1 million merchants and 100 billion annual payments within 5 years. China Alipay will build an integrated O2O platform for the industry and merchants around smart payment. The existing business structure of PayTone is divided into the following sections: vertical industry cooperation, merchant O2O intelligence, value-added services and cross-border services.
CEO: Xi Zhang
Market: GEM
Listing Date: 08/28/2009
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