On August 28, the “Payment Business License” renewal announcement of non-bank payment institutions announced by the People's Bank of China showed that a total of 7 institutions were renewed by Shanghai Fuyou Payment Service Co., Ltd., Shanghai Anxinhui Payment Co., Ltd., Yitong Financial Services Payment Co., Ltd., Jefu Ruitong Payment Co., Ltd., Sichuan Shangtong Payment Technology Co., Ltd., and Nanjing Citizen Card Payment Co., Ltd. At the same time, due to the circumstances stipulated in Article 24 of the “People's Bank of China Administrative License Implementation Measures”, the People's Bank of China decided to suspend the examination of the “Payment Business License” renewal applications of Lianlian Bank Electronic Payment Co., Ltd. and Linkage Advantage Payment Co., Ltd. Due to the circumstances stipulated in Article 47 of the “People's Bank of China Administrative License Implementation Measures”, the People's Bank of China decided not to renew Chengdu Mobao Network Technology Co., Ltd.

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