Hi New Technology (China) Co., Ltd. (“Hi Xin” or “Group”) is a leading provider of integrated payment, finance and telecommunications solutions in China, providing cutting-edge service institutions and telecom operators to small, medium and micro merchants, banks, and the financial industry using the technical knowledge accumulated in the financial and telecommunications sector. Through its businesses including payment processing, financial solutions, payment platform solutions, etc., and holding shares in the ETF-POS terminal business, Hi Sun centrally deployed service provision, system maintenance, application development, and terminal provision in the financial and payment industry chain. In 2010, Hi Sun split the ETF-POS terminal business PAX Global Technology Limited (“PAX”, stock code: 327.hk) and listed them separately on the Hong Kong Stock Exchange. Currently, Hi Sun is PAX's controlling shareholder. HKEx is one of the few stocks focused on offline payments.