On the evening of June 24, Small Commodity City issued an announcement "Progress on the Proposal of the Proposal of the Planned Acquisition of 100% of the Equity of Zhejiang Haier Network Technology Co., Ltd.", which pointed out that the regulatory authorities have agreed to the

Qianjiang Evening News·Hourly News Reporter Liu Yanxin

Want to have a payment license, which is the dream of many e-commerce platforms.

small commodity city from Yiwu finally realized his dream of license after waiting for 9 years.

htmlOn the evening of June 24, Small Commodity City (600415.SH) issued an announcement "Progress on the Proposal of the Proposal of the Planned Acquisition of 100% of the Equity of Zhejiang Haier Network Technology Co., Ltd.", which pointed out that the regulatory authorities have agreed to the approval of Kuaijietong on changing the actual controller, and approved the transfer of its existing actual controller Haier Financial Holdings to the company. After the change, the company indirectly held 100% of the shares of Kuaijietong through Haier Network and became the actual controller of Kuaijietong.

announcement shows that the price of obtaining this Internet license in Small Commodity City is: 449.3 million yuan.

information shows that as early as June 2021, Xiao Commodity City signed an agreement with Haier Financial Holdings to acquire shares in Zhejiang Haier Network Technology. The transaction has been postponed to this day because it did not receive any response or approval from regulatory authorities.

Quick Connect successfully obtained the " Payment Business License " (Z2024733000013) issued by in July 2013 and officially became a third-party payment company licensed to engage in Internet payment business nationwide. It was successfully renewed in July 2018, and the payment business license is valid until July 5, 2023. Kuaijietong's main business is Internet payment business under third-party payment business licenses, and its main business is Internet payment business.

In December 2013, Haier acquired QuickTong Payment to obtain a payment license, which caused a sensation in the industry at that time and became a typical case of home appliance companies acquiring payment licenses. Why give up payment license again after 8 years? Haier has no announcement or explanation, and we have no way to know.

Small Commodity City stated in the announcement that after the completion of this acquisition, the company will obtain qualifications to engage in Internet payment business, open up payment channels for the chinagoods platform, reduce payment costs, and improve customer transaction experience.

General Manager of Small Commodity City Wang Dong said in accepting the media that the process of acquiring this license is very difficult, and they have been waiting for this license for 9 years. According to the information, Small Commodity City has started to apply for a third-party payment license for in 2013. The relevant departments accepted relevant application materials in June 2014. However, due to the particularity and professionalism of the payment industry, the industry's competent departments have formulated relatively strict industry supervision policies, and Small Commodity City has not been able to successfully obtain a third-party payment license.

"The e-commerce platform without a payment license is a cripple, and an e-commerce platform with a payment license is a big deal." An industry insider said that this license may be insignificant to Haier, but it has extraordinary intentions for small commodity cities, because there are 2 million small and medium-sized enterprises behind the Yiwu market.

For the small commodity city to acquire QuickTong, CICC pointed out that the layout of payment + credit reporting + factoring qualification can effectively improve the financial service capabilities of merchants, and at the same time form an ecological closed loop of capital flow and information flow of the chinagoods platform. With payment business as the traffic entrance, and through the accumulation of real trade and logistics data on the entire link as support, the service capabilities of corporate credit reporting will be built, and factoring business will be carried out to enhance the platform's profitability and merchant stickiness, fully solve the industry's pain points. In the future, the company's three financial licenses (payment, credit reporting, factoring) will have a broad space for comprehensive use.

A-share market companies with payment licenses include: Huali Steel , Hailian Jinhui, Dahua Intelligent, Jieshun Technology , New World, etc. In addition, in July 2015, Xiaomi acquired Jiefu Ruitong Co., Ltd. and obtained a payment license; in September 2016, Meituan acquired Beijing Qiandaibao Payment Technology Co., Ltd. and obtained a payment license; in December 2017, Didi acquired Beijing Yijiufu Payment Technology Co., Ltd. and obtained a payment license; in August 2020, ByteDance acquired (by the actual control of the founder Zhang Yiming ) Wuhan Hezhong Yibao Technology Co., Ltd. and obtained a payment license.

After the news that the central bank approved the acquisition license of the small commodity city, the stock price of the small commodity city hit the daily limit of today, at 5.74 yuan, with a total market value of 31.5 billion yuan.

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