Heavy! China UnionPay strategic investment in Dongguan Tong to build a smart payment platform


Following November 11, 2016, China UnionPay Co., Ltd. (hereinafter referred to as: China UnionPay) signed a letter of intent for strategic cooperation with Dongguan Municipal Government and signed a letter of intent for cooperation with Dongguan Transportation Investment Group Co., Ltd., the Dongguan Tong project steadily advanced. Today, we have passed the news again, and China UnionPay successfully entered the Dongguan Tong Company as a strategic investor!


On the afternoon of May 15, 2017, the Dongguan City Tongtong Co., Ltd. share reform cooperation signing ceremony was held in Dongguan Wanda Wenhua Hotel. Zhang Ke, deputy secretary of Dongguan Municipal Committee, Qu Yanling, deputy governor of Guangzhou Branch of People's Bank of China, Liu Fengjun, assistant president of China UnionPay, Xu Xiaoqiang, assistant president of Shanghai Lianhe Venture Capital Co., Ltd., Wang Ling, general manager of China UnionPay Guangdong Branch, and relevant government of Dongguan City The department, Dongguan Transportation Investment Group, Dongguan Railway Company, Zhongyintong Payment Business Co., Ltd., and representatives from the Bank of China attended the ceremony. China UnionPay and Dongguan Jiaotou Group and Dongguan Railway Company signed a share reform cooperation agreement.

China UnionPay successfully invested in Dongguan Tong Company

The China UnionPay has entered the Dongguan Tong Company as a strategic investor. It is a pioneering move for UnionPay to develop inclusive finance and provide social public services in the Guangdong region. It is aimed at deepening the business of the second-tier cities and deepening the application of the public transportation industry. Active demonstration of meaning. Today's signing ceremony also marks the strong alliance of China UnionPay, Dongguan Jiaotou Group and Dongguan Railway Company. It has a positive and far-reaching impact on further promoting the reform of state-owned enterprises, optimizing the quality of public service supply, and accelerating the construction of smart Dongguan.

Established in April 2013, Dongguan Dongguan Tong Co., Ltd. is a wholly-owned subsidiary of Dongguan Jiaotou Group and the only transportation card operator designated by the Dongguan Municipal Government. At present, it has issued a total of 2.616 million Dongguan Tongka, which has realized the full coverage of the city's bus and subway card. The business involves large public parking lots, public bicycles, urban terminal buildings, public facilities access control systems, shopping malls, chain stores and other application areas. 3 self-operated service centers, more than 2,300 agent service points, and developed the intelligent bus management platform, Dongguan Tong APP, car wireless WIFI and other projects, forming a corporate brand of “Dongguan Tong” and obtaining national high-tech. Enterprise title. After the implementation of the share reform, it will be renamed Dongguan Dongguantong Co., Ltd., and the new shareholder structure will be composed of Dongguan Jiaotong Group, Dongguan Railway Company and China UnionPay.

China UnionPay will take advantage of its channel resources, actively carry out mobile financial product innovation and application innovation, and realize the integration and interoperability in the application fields of public transportation, social services, bank card services, commercial payment services, and personalized services, for the government, enterprises and The public provides more economical, safe and convenient mobile payment services, and truly realizes “one card for multiple use and one card use”. At the same time, it promotes the Dongguan Tong system platform to become the core platform and smart payment platform for financial IC card application in Dongguan. The construction of “Smart Dongguan” and “Financial Strong City” will add more highlights and colors.

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