What is oriental convergence?

Oriental Rong Hui is Shanghai Oriental Rong Hui Information Technology Service Co., Ltd., which was established on 20 1 1. It is a wholly-owned subsidiary of Shanghai Chengfutong Culture Development Co., Ltd. (formerly Shanghai Oriental Rong Hui Culture Business Co., Ltd.) and obtained the payment business license issued by the People's Bank of China in 20 12.

Licensed items: non-bank payment business; Import and export of goods; Technology import and export; The second value-added telecommunications service. (Projects subject to approval according to law can only be operated after approval by relevant departments. Specific business projects shall be subject to the approval documents or licenses of relevant departments. )

In September 2020, Ctrip Group's application to acquire 0/00% equity of Shanghai Oriental Rong Hui Culture Trading Co., Ltd. was approved by the People's Bank of China, that is, Ctrip wholly acquired Oriental Rong Hui and officially became the actual controller of the company.