Union Mobile Pay
Established in August 2003, Union Mobile Financial Technology Co., Ltd. (UMF) has developed into an internet high-tech enterprise providing financial technology innovative services for industrial upgrading. In the list of China Internet hundred companies of 2017 issued by the information center of Ministry of Industry and Information Technology of the People’s Republic of China, UMF is ranked as the 31st. It is also a member of National Internet Finance Association of China and an Standing Director Unit of Payment & Clearing Association of China. In July 2016, UMF became a wholly-owned subsidiary of HyUnion Holding Co., ltd. (002537), a company listed in Shenzhen Stock Exchange, and UMF itself has three wholly-owned subsidiaries: Union Mobile Pay E-Commerce Co., Ltd., Umpire International Holding Limited, and Wanjin Tongda, and these companies also focus on international business in the USA and Canada respectively.