Deshi Co., Ltd.

Deshi Co., Ltd. (hereinafter referred to as "Deshi Shares") (stock code: 870829) was established in October 2006 and is one of the earliest enterprises in Shanghai to obtain a third-party payment license. Due to the company's long involvement in third-party payment services, after years of in-depth operation, it has accumulated nearly 40,000 corporate clients, issued more than 16 million cards, and has over 11,000 contracted merchant stores in Shanghai and Beijing, establishing a sizable merchant network and stable sales network. At the same time, Deshi Shares has also built a closed-loop payment ecosystem seamlessly integrating online and offline, laying a solid foundation for the company to create an open resource aggregation platform in the future.