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Qianqianba established Shanghai Hongpu Business Company, whose scope of operations includes providing personal business services. Shanghai Hongpu Business Service Co., Ltd. was set up recently, with a registered capital of 1 million RMB; Chen Hao serves as its legal representative. The company is wholly owned by Shanghai Qianqianba Internet Technology Co., Ltd., which is the entity behind Qianqianba. According to the Tianyancha app, the company’s business scope includes personal business services ; Industrial design services ; Electronic product sales ; Wholesale of computer hardware, software, and auxiliary equipment ; Retail of computer software, hardware, and auxiliary equipment ; Communication equipment sales ; Communication equipment sales ; Internet sales ; Information consulting services and other such businesses. As a leading domestic comprehensive service provider for the digitalization of offline businesses, Shouqianba IPO continues to embrace new technologies and expand its product portfolio, adhering to the business philosophy of \"customers first\". Ranging from street-side shops to internationally renowned brands, PayEase plays a crucial role in the daily operations of businesses, and it also continues to provide momentum for the development of Shanghai’s software and information technology services sector as well as for the growth of the real economy.