What does Shang Qi do?

Shangduangduo Branch was incorporated in Cayman Islands in 20 19 and registered as an exempted limited liability company. Its business spans multiple vertical fields, including digital financial services, cobweb ecosystem solutions, digital media, content and marketing, and digital investment. Among them, the fees and commissions of digital financial services business and cobweb ecosystem solutions business are the main sources of income. According to the prospectus, Shangcheng Sub-branch owns or invests in Asia's scarce financial license, connecting Southeast Asia and Greater China, and providing one-stop digital financial services for Asian enterprises and consumers. In addition to its own digital financial services business, Shangcheng Sub-branch is also gradually improving its investment layout in the digital economy, such as investing in Appier, an Internet medical platform micro-medicine and artificial intelligence company, and acquiring PolicyPal, a digital insurance brokerage company successfully hatched in monetary authority of singapore. Shangcheng Group, a shareholder of Shangcheng Branch, is a global diversified financial group established in 2003. Its initial shareholders include Changjiang Hutchison Group, owned by Li Ka-shing, the richest man in Hong Kong, and Commonwealth Bank of Australia.