LIANLIAN has set up its overseas business headquarters in Hong Kong. Huang Weilun: Hong Kong's fintech companies have increased by 10% year-on-year

LIANLIAN (02598.HK) has established its overseas business headquarters in Hong Kong. During the opening event, Deputy Secretary for Financial Services and the Treasury, Huang Weilun, stated that the government and regulatory bodies have been working hand in hand with enterprises to assist them in successfully expanding their businesses in Hong Kong, the region, and globally. Currently, there are approximately 1,200 fintech companies in Hong Kong, a 10% increase from last year.

Zhang Zhengyu, Chairman and Executive Director of LIANLIAN, stated that the Hong Kong overseas business headquarters will become the company's strategic hub for global outreach and a frontier innovation "testing ground." In the future, the company will not only focus on helping Chinese enterprises set sail overseas and explore global markets but also strive to build a key hub connecting traditional finance with the digital future. At the same time, it looks forward to contributing to the prosperity of Hong Kong's fintech ecosystem and establishing Hong Kong as a new high ground for the global financial center in the Web 3.0 era, working together towards a smarter, more interconnected, and more trustworthy digital future.

As of now, LIANLIAN has established a global payment license layout consisting of 66 payment licenses and related qualifications, and holds a virtual asset trading platform license issued by the Hong Kong Securities and Futures Commission. As of June 30, the company's service coverage extends to over 100 countries and regions, supporting transactions in more than 130 currencies, with a cumulative customer base exceeding 7.9 million. In the first half of this year, the total payment amount for digital payment services reached 2.1 trillion RMB