Baofu Internet Technology (Shanghai) Co., Ltd. was established in 2011, and in the same year won the 'Payment Business License' issued by the People's Bank of China. With a leading research and development capability and innovative ability, Baofu is a high-tech enterprise focusing on electronic payment and finance. Baofu took the lead to launch a fast-acquisition strategy with payment tools combined with real-time settlement system, and implements “365-day real-time settlement” as the core business model of Baofu, providing users with flexible, self-service and secure payment products and payment platforms.