November 5, 2023. Shenzhen, China - Wang Daping, Vice Chairman of the Shenzhen CPPCC (Chinese People's Political Consultative Conference), along with CPPCC Standing Committee member Fan Kun and other leaders from the Nanshan District, visited XGD INC. for a research and exchange session. They were received by Liu Xiang, Chairman of XGD INC., along with Vice President Liu Jiao, Director of Government Affairs Ni Lina, and their team.
The delegation began their visit at XGD INC.'s headquarters, where they gained insights into the company’s cultural environment, development history, and core products. Demonstrations of intelligent products, including smart POS systems, aggregated payment codes, cloud speakers, and LiChong shared charging treasures, showcased the company’s focus on research, manufacturing, and sales of payment terminal devices, as well as its comprehensive service system.
Following this, the delegation explored XGD INC.’s self-built real-time operational data monitoring system. Through engaging visual dashboards, the leaders obtained a comprehensive understanding of JLPay's technical capabilities, product offerings, and business strategies in the acquiring sector. The head of the Product Center's Industry Product Department highlighted that JLPay is a leading licensed payment institution in China, empowering merchants with a "Payment + Service" model, thereby establishing a collaborative payment ecosystem involving users, merchants, and service providers.
During the roundtable discussion, Chairman Liu Xiang welcomed the leaders and provided an overview of the group’s strategic layout and its core brand, PayKKa, which focuses on cross-border payment services. XGD INC. is committed to sustainable operations, leveraging self-innovation and collaborative success across three major business segments: intelligent manufacturing, merchant services, and global payment solutions. With global payment licenses from the U.S. MSB, Luxembourg PI, and Hong Kong MSO, PayKKa has successfully provided one-stop cross-border payment solutions to numerous foreign trade enterprises, addressing challenges in collection, payment, settlement, and management. Looking ahead, XGD INC. aims to deepen its global presence, leveraging its strengths to contribute to Shenzhen’s high-quality development in the global payment sector.
In their speeches, Vice Chairman Wang Daping and Standing Committee member Fan Kun expressed the Shenzhen government’s deep care and support for private enterprises. They commended XGD INC. for its achievements and innovations in intelligent manufacturing, merchant services, and global payments, expressing hope for the group’s future development. Vice Chairman Wang emphasized that private enterprises are valuable assets and a bright emblem of Shenzhen’s economic growth. As a nationally recognized "specialized, refined, distinctive, and innovative" small giant enterprise, he encouraged XGD INC. to strengthen its confidence, enhance core competitiveness, and collaborate with the government to face challenges and seize development opportunities, striving to transition from a "small giant" to a "large giant," thereby contributing robustly to the international expansion of small and medium enterprises across Shenzhen and the nation.
Leaders from the Municipal Bureau of Industry and Information Technology, Municipal Finance Bureau, Municipal Bureau of Commerce, Port Office, and relevant departments in Nanshan District engaged in discussions regarding XGD INC.’s development strategy and business layout. They expressed their commitment to providing high-quality, efficient services to support the company in overcoming practical challenges and enhancing its productive capabilities.
This visit serves as a pivotal opportunity for XGD INC. to deepen communication with various government departments, accelerate technological innovation, and expand its global payment services. The company is dedicated to providing safer, more efficient, and convenient payment solutions for global enterprises, adopting a more open approach and determined steps to help build a prosperous and healthy financial payment ecosystem.
