On June 15, 2026, on the investor relations platform, Commodity City (600415) responded to a series of questions that investors were concerned about.
Investors have raised a number of key questions about “Yi Pay”, including that Yi Pay’s cross-border business transaction volume will exceed US$6 billion in 2025 (+50% year-on-year), and with the target of adding more than 10 billion US dollars in 2026, whether Yi Pay has achieved breakeven, the current charging model mainly comes from exchange differences or transaction fees, how is the cooperation with Visa/Mastercard progressing, and when is it expected to generate substantial revenue in overseas markets after obtaining the Hong Kong TCSP license?
The Commodity City responded that since the cross-border payment brand “Yiwu Pay” was officially launched in 2023, the business has developed very smoothly and it has achieved profitability that year.
This achievement fully demonstrates the competitiveness and development potential of “Yi Pay” in the market.
The launch of “Yi Pay” has provided strong support for the cross-border business of Commodity City, and also provided a more convenient and efficient payment channel for transactions between domestic and foreign merchants.
In the context of the booming global digital trade, the emergence of “Yi Pay” conforms to the trend of the times.
It not only meets the needs of merchants for cross-border payments, but also promotes the internationalization process of the Commodity City to a certain extent.
With the continuous expansion of its business, “Yi Pay” is expected to occupy a more important position in the global market.
In the future, Commodity City stated that it will seize the development opportunities of digital trade and accelerate the layout of global financial licenses.
This strategic move will help Yipay further expand overseas markets and enhance its influence in the international payment field.
By obtaining more financial licenses, Yipay can better meet the regulatory requirements of different countries and regions and provide more secure and stable payment services to global merchants.
At the same time, cooperation with international payment giants such as Visa/Mastercard is also worth looking forward to.
If cooperation can be reached, it will bring more resources and technical support to Yipay and further enhance its service quality and competitiveness.
The acquisition of Hong Kong’s TCSP license has also laid the foundation for the development of “Yi Pay” in overseas markets. Although it is not yet clear when substantial revenue will be generated, it is foreseeable that with the gradual development of the market and the continuous improvement of business, the performance of “Yi Pay” in overseas markets will be worthy of attention.
In general, the development prospects of “Yiyi Payment” are very broad.
It not only injects new vitality into the cross-border business of Commodity City, but also provides a more convenient payment guarantee for Chinese products to go global.
It is believed that in the future, “Yi Pay” will play an increasingly important role in the global payment market, assisting the circulation and trading of Chinese goods around the world.
