Lianlian DigiTech Co., Ltd. (“Lianlian DigiTech” or “Lianlian”) was founded in 2009 and listed on the Main Board of the Hong Kong Stock Exchange in 2024 (stock code: 2598.HK). As a leading AI-driven digital payment service provider headquartered in China with a global footprint, Lianlian adheres to its founding vision of “Connecting the world, Empowering global commerce” and pursues an “AI-Native + Globalization” strategy. The Company is committed to building a secure, efficient and intelligent digital bridge for global trade, enabling seamless connectivity between Chinese enterprises and global businesses.
The Company’s core business comprises digital payment services and value-added services. Digital payment services encompass global and domestic payments and include a variety of products such as pay-in, pay-out, acquiring, foreign exchange, virtual bank card, and payment aggregation services. Value-added services focus on business and technology services that deeply integrate with payment scenarios.
Express (Hangzhou) Technology Services Company Limited (“LianTong”) is Lianlian DigiTech’s joint venture with American Express. LianTong was granted a bankcard clearing business license in June 2020, making it the first Sino-foreign joint venture bankcard clearing institution established in China. It provides settlement, clearing and related activities for bank cards carrying “American Express” brand issued by card issuing banks in China, offering bank-card clearing and settlement services to issuing banks and merchant acquirers on its network, as well as cardholder benefits to Chinese consumers both in China and globally.
As of December 31, 2025, the Company has established a global licensing portfolio comprising 66 payment licenses and related qualifications, supporting services in more than 100 countries and regions, and enabling transaction settlement in over 130 currencies. As the only Chinese provider holding all state-level money transmitter licenses in the U.S., the Company’s regulatory leadership remains a core competitive advantage. Furthermore, its VATP license positions it at the forefront of digital currency and blockchain technology-based financial services. For the year ended December 31, 2025, the Group’s full-year total revenue reached RMB1,733.8 million, a year-on-year increase of 31.9%. The cumulative number of clients served surpassed 10.4 million. Most notably, the Group recorded a net profit of RMB1,662.1 million, successfully turning losses into profits. Adjusted operating profit reached RMB 82.26 million, representing a 105.9% year-on-year increase and demonstrating the Company’s economies of scale and high operating efficiency.
Looking ahead, with an AI-native strategy, Lianlian will further deepen the integration of artificial intelligence with business scenarios. At the same time, the Company will leverage its strengths in cross-border payments and compliant financial services to build an efficient and secure cross-border fund flow system, empower Chinese enterprises to achieve unparalleled resilience on the world stage.
