Xinguodu shared on an interactive platform that the company is maintaining a vigilant watch over policy developments and exploring innovative business scenarios associated with cross-border digital RMB payments. Leveraging the existing regulatory framework, the company has fortified its product offerings, technological infrastructure, and compliance mechanisms, while actively scouting for new avenues for business expansion. Nonetheless, it's important to note that the development of new businesses and the introduction of novel functionalities are processes that demand time. Over the past few years, Xinguodu has consistently ramped up its resource allocation, product innovation efforts, and the establishment of bank funding channels specifically tailored for its cross-border payment brand, PayKKa.
