UnionPay Merchant Services International Holdings Ltd. (hereinafter referred to as “UMS Intl.”) is a wholly owned subsidiary set up in Hong Kong in July 2016 by China UnionPay Merchant Services Co., Ltd (UMS) as the platform for foreign investment, merger, acquisition and business operation of UMS business.
As an investment platform for the overseas business of UMS, UMS Intl. invests or acquires foreign companies, enlarges global acceptance of UnionPay card, and develops overseas payment business. UMS has the intention of acquiring promising companies or project in the target market of East Asia, Southeast Asia, the United States and Europe. UMS Intl. will act as the investment platform, launching corresponding investment structure for the acquisition when the share and amount is determined.