Group Industry

XGD INC. has formed a product and service system that is based on electronic payment technology and centers on the design and research & development of software and hardware for financial payment terminals. It has also accumulated profound technical experience in commercial cryptography and security, becoming the first company in China to pass the PCI PIN 3.0 certification. It can provide customers such as card organizations, various commercial banks and third-party service institutions with mobile payment terminals that are industry-leading, secure, stable, convenient and efficient.

XGD INC.’s subsidiary, JL pay, is a third-party payment institution that has been approved and granted the Payment Business License by the People’s Bank of China. It has accumulated tens of millions of merchants, with an annual transaction volume exceeding one trillion yuan. Supported by acquiring services and deeply empowered by “payment + technology”, the company has created a growth model driven by both value-added services and acquiring services that promote each other. It has formed a mobile payment platform with a rich product system, providing global merchants and banks with safe, convenient and intelligent digital payment solutions to help achieve payment upgrades.

XGD INC. has obtained the Luxembourg PI license, the Hong Kong MSO license and the US MSB license, meeting the license requirements for simultaneously carryinging out overseas local acquiring business and cross-border payment business. The company has launched the cross-border payment brand PayKKa and made arrangements to carry out overseas local acquiring and B2B foreign trade collection-related businesses. In terms of overseas local acquiring, the company can provide merchants in various industries such as catering, retail and tourism in the European Union region with acquiring services for multiple payment methods such as QR code scanning and card swiping. In terms of foreign trade collection, the company can provide B2B foreign trade merchants with one-stop cross-border payment solutions to solve the problems that merchants face in aspects such as collection, payment, settlement, foreign exchange and management of funds.

The company closely follows the technological progress and investment opportunities in the AI field, continuously increases its resource investment in the artificial intelligence field, and constantly improves its business layout. The companies in which it has equity participation have launched multiple AI applications for the overseas market and achieved good commercial results. Its controlling subsidiary, Shanghai District 12, focuses on carrying out the research and development of General Purpose AI Agent technology and explores various solutions for AI technology to empower enterprises and merchants to operate efficiently.

XGD INC. started to make forward-looking layouts in new energy in 2021. Its energy storage products cover application scenarios such as industrial and commercial energy storage and large power stations. Based on its self-developed liquid-cooled container energy storage products and combined with the production-investment-financing model, it provides turnkey projects covering all aspects such as on-site surveys, project design, construction management, commissioning and operation & maintenance. It is committed to creating customized, intelligent and green energy storage solutions for customers, helping enterprises achieve green transformation and jointly creating a low-carbon future. It aims to become a global leading comprehensive new energy solution service provider.