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00147 IB SETTLEMENT

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  • 0.102
  • -0.007-6.42%
Market Closed Nov 1 16:08 CST
2.07BMarket Cap-34000P/E (TTM)

About IB SETTLEMENT Company

A global fintech company IBS, whose full name is International Business Settlement Holdings Limited (Hong Kong Stock Exchange stock code: 00147.HK), is committed to becoming the world's leading fintech company. The rapid development of global fintech has brought major changes and development opportunities to the global financial industry. IBS seizes the opportunity to deploy a next-generation global settlement network based on distributed networks, blockchain and other technologies. It provides a fast, efficient, and low-cost financial highway between countries through connections with central banks in real-time clearing systems. Based on unique blockchain regional clearing ring technology, IBS has built a multi-currency, international and distributed global clearing platform. The platform is not only a platform for regional centers (sovereign countries) to co-govern and manage, but also a platform shared by many participants (pan-financial institutions). It aims to achieve peer-to-peer, “7X24” (that is, 24 hours a day, 7 days a week), multi-currency, real-time fund settlement for global cross-border trading enterprises and individuals. Facing the global market, particularly countries along the Belt and Road, IBS focuses on deploying a global financial clearing and settlement network, building strategic core financial infrastructure on the Belt and Road, and implementing the next generation of global clearing and settlement standards. The aim is to achieve interconnection of regional clearing rings in Europe, Central Asia, South Asia, the Middle East, Africa and other regions through a system interface with central banks and commercial banks of countries along the Belt and Road, carrying real-time multi-currency settlement between China and the world, regional countries, and between regions and the world. Countries related to the Belt and Road have a total population of about 4.4 billion and a total economy of about 21 trillion US dollars, covering 64% of the world's population and 30% of GDP. Compared with traditional high-cost and inefficient clearing paths, IBS has developed rapidly in the vast Belt and Road market with its next-generation clearing network, reconstructing the global settlement market pattern.

Company Profile

Symbol00147
Company NameIB SETTLEMENT
ISINBMG4824K1045
Registered AddressBermuda
Chairmanliang yuan
Secretarylijiao huang
Audit InstitutionPioneer Accountants Ltd
Company CategoryOther
Registered OfficeClarendon House 2 Church Street Hamilton HM11 Bermuda
Head Office and Principal Place of BusinessRoom 3103, 31st floor, Sino Plaza, 255-257 Gloucester Road, Causeway Bay, Hong Kong
Fiscal Year Ends03-31
Employees73
MarketHong Kong motherboard
Phone(852)2549 9988
Fax(852)25490606
Business International Business Settlement Holdings Limited (former name: Transcendence Group Limited) is a Hong Kong investment holding company mainly engaged in property business. The company operates through three divisions. The Property Development Division develops and sells commercial and residential properties in China. The Advisory Services segment provides enterprise management consulting services in China, such as business investment opportunity research, computer system development, and human resources services. The Commodity Trade Division is engaged in the sale of alcohol.

Company Executives

  • Name
  • Position
  • Salary
  • liang yuan
  • Chairman, Executive Director
  • 960.00K
  • shaoda chen
  • Executive Director, Nomination Committee Members, Remuneration Committee Members
  • 1.42M
  • yu liu
  • Non-executive Directors
  • 200.00K
  • yong ye
  • Independent Non-Executive Director, Chairman of the Audit Committee, Nomination Committee Members, Remuneration Committee Members
  • 200.00K
  • lanran chen
  • Independent Non-Executive Director, Nomination Committee Members, Remuneration Committee Members, Audit Committee Members
  • 200.00K
  • jianping wang
  • Independent Non-Executive Director, Chairman of the Nomination Committee, Remuneration Committee Chairman, Audit Committee Members
  • 200.00K
  • lijiao huang
  • Authorized Representative, Company Secretary
  • --

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