China's non-bank payment institution major-change permit disclosures (as of Sep 2026) show approval for Shanghai Xingfutong Payment Co., Ltd to merge Dongfang Futong Payment Technology Co., Ltd and raise registered capital to 300 mln yuan. Dongfang F

2026-09-24

China's non-bank payment institution major-change permit disclosures (as of Sep 2026) show approval for Shanghai Xingfutong Payment Co., Ltd to merge Dongfang Futong Payment Technology Co., Ltd and raise registered capital to 300 mln yuan. Dongfang Futong will cease payment business and its Payment Business License will be canceled. Disclosure published Sep 24.