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- BingEx Limited Announces Second Quarter 2026 Financial ResultsBingEx Limited (the “Company”) (Nasdaq: FLX), a leading on-demand dedicated courier service provider in China (branded as “FlashEx”), today announced its unaudited financial results for the second quarter ended June 30, 2026.
- Guoquan Reports 22% Revenue Growth in 1H2026, Existing Franchised Stores Sales up 7.4%, Farm GMV Soars Over SixfoldRecently, Guoquan Food (02517) announced its interim results for the six months ended 30 June 2026. The Group recorded revenue of RMB3,947 million, representing an increase of 21.8% year-on-year. Gross profit was RMB849 million, up 18.3% year-on-year, and net profit was RMB213 million, up 12.1% year-on-year. Core operating profit (non-IFRS measure) amounted to RMB225 million, up 18.3% year-on-year, representing a core operating profit margin of 5.7%. Existing Franchised Stores Sales up 7.4%; Large-Store Remodelling Reshapes Per-Store Value When assessing the operational quality of a chain retail enterprise, sales of products to existing franchised stores are a more meaningful metric than new store opening numbers. As of 30 June, the Group had a total of 12,198 stores, representing a net increase of 1,798 stores. During the period, 365 stores were closed, with a store closure rate of below 3%. Revenue from existing franchised stores amounted to RMB2,581 million, representing a year-on-year increase of 7.4%. Excluding the impact of new store ramp-up, this indicates that the existing franchised store network still possesses organic growth momentum. Behind the growth of existing franchised stores, large-store remodelling served as the primary driver. In the first half of the year, 684 stores completed the upgrade to the large-store model. This upgrade is not simply about expanding floor space, but rather about using larger physical space to accommodate a wider range of categories and extended operating hours – expanding consumption scenarios from hotpot and barbecue to cover all daily meal occasions, and upgrading stores from mere ingredient sales points into comprehensive community family dining entry points. Penetration into lower-tier markets progressed simultaneously. The number of stores in township markets reached 3,377. By precisely targeting these markets with high-cost-performance bulk-sale items and large-pack family packs, the “one store per town” strategy taps into the vast hinterland of approximately 38,000 townships nationwide, with penetration potential far from being exhausted. Farm Business Grows Over Sixfold, New Growth Engine Takes Shape Online and membership data also recorded rapid growth. Registered members reached approximately 82 million, representing a year-on-year increase of 63.0%. Member consumption accounted for 73.2% of total sales, up 12 percentage points year-on-year, indicating that the revenue structure is increasingly concentrated among highly loyal customer groups. The Douyin channel saw significant growth: platform exposure exceeded 6.97 billion views, up 117.8% year-on-year; store GMV on Douyin reached RMB910 million, up 97.2%, initially forming a closed loop between online traffic and offline conversion. Guoquan Farm was the fastest-growing business segment during the period. Its omni-channel paid GMV reached RMB240 million, up over 600% year-on-year, and it brought in over 1.92 million new members for the stores. This model does not set up an independent e-commerce platform; instead, it leverages the existing store network as front-end warehouses and pickup points, while online content seeding and traceability livestreams drive traffic, forming a closed loop of “direct sourcing – content seeding – online ordering – in-store pickup”, which theoretically reduces marginal costs. Among best-selling products, the Golden Pillow Durian Pulp attracted a total of 1.559 million buyers, with a repurchase rate of 22.06%, and also boosted sales of related categories such as durian mille-crêpe cakes, Beihai cooked salted duck eggs, and crispy ice cream. In August, the “Grassland Sheep Traceability” livestream achieved over 8.09 million total exposures within three hours, with a peak concurrent viewership of 173,000. The Farm model completely removes the physical constraints of store floor space and freezer capacity from Guoquan’s category boundaries – the “infinite shelf” combined with a 10,000-store fulfilment network represents a critical leap forward in its transformation from a hotpot ingredient retailer to a full-category platform for home dining. Institutionalised Return Mechanisms; Hong Kong Flagship Store Launched The Board proposed the payment of an interim dividend of RMB0.0503 per ordinary share (tax inclusive), totalling approximately RMB128 million. During the period, the Group repurchased a total of 82,201,200 H shares on the Stock Exchange at an aggregate consideration of approximately HK$192 million. The dividend together with the share buybacks amounted to approximately RMB296 million, equivalent to 139.9% of the profit attributable to owners of the parent for the period (RMB211 million). The shareholder return ratio increased from 5.6% in 2024 and 2025 to 7.1%. In addition to the amount, the Board also approved the 2026 H-Share Equity Incentive Plan, which adopts core operating profit as the performance indicator. The reference target values for the years 2026 to 2030 are set to gradually increase from no less than RMB600 million to no less than RMB1.2 billion. By anchoring the assessment to profit rather than revenue or store count, the plan helps guide management to focus on profitability, better aligning management’s interests with those of shareholders. The high dividend payout provides immediate returns, while the equity incentive focuses on long-term growth. The Hong Kong flagship store opened on 18 August, serving as the first stop for the brand’s overseas expansion. Its positioning is not rapid replication, but rather validating the large-store model in high-tier cities and localised supply chain capabilities. According to publicly available data, the Greater Bay Area, with a population of 87 million and an economic aggregate of RMB15 trillion, coupled with the logistics efficiency of the “one-hour living circle”, provides ample room for subsequent regional deepening. Integrated Manufacturing-Retail Closed Loop; Synergies Gradually Unfolding Linking these strategies together is the “manufacturing-retail integration” capability that Guoquan has built over the years. On the front-end “retail” ecosystem – community stores, township stores, large stores, camping stores, stir-fry stores, flash delivery, and Farm – it reaches consumers, understands scenarios, and accumulates member data. On the back-end “manufacturing” ecosystem – seven ingredient production facilities covering core categories such as seasonings, beef, surimi, and aquatic products, with a “single product, single factory” strategy complemented by digitalised central warehouses – it converts front-end demand into scaled product supply. During the period, external sales from the industrial end increased by 20.7% year-on-year, reflecting the potential for the supply chain capability to be externally deployed. The Danzhou Industrial Park in Hainan was topped out, Heyi Meat’s Phase II commenced production, and the Daixiaji Zhangzhou factory was contracted, indicating that the production capacity landscape continues to expand. Looking ahead to the second half of 2026, with the continued replication of the large-store model, the regular operation of the Farm traceability IP, and the gradual accumulation of operating data from the Hong Kong flagship store, Guoquan is expected to gain clearer market recognition of its positioning as a “home dining infrastructure platform”. From a 10,000-store scale to an ecosystem platform, Guoquan’s strategic transformation is entering a substantive realisation phase.
- Addressing Cross-Border Transit Demand at New Huanggang Port: Weixin Pay, Wonder and Koon Wing Motors Join Forces to Introduce 'Wonder Transit X' Smart Mobility PlatformWith the imminent inauguration of the new Huanggang Port, cross-border transport demand between Shenzhen and Hong Kong is set to rise further. To drive the digital transformation of Hong Kong’s green minibuses and facilitate cross-border travel between Hong Kong and the Chinese Mainland, Wonder, a leading FinTech and payments platform for merchants in Hong Kong and Asia-Pacific, Weixin Pay (WeChat Pay), and Koon Wing Motors signed a cooperation intention at the “Hong Kong Minibus Smart Transit Cooperation Signing Ceremony” held on 18 August 2026. This cooperation marks a pivotal milestone in the integration of public transportation between Hong Kong and the Chinese Mainland. By deploying the Wonder Transit X smart mobility platform across Hong Kong’s green minibus network, the initiative will comprehensively drive innovation in smart payments, smart ticketing, and digital operations, delivering a seamless, frictionless commuting experience for local residents and cross-border passengers, further deepening the integration of FinTech with Hong Kong’s public transit sector. Under the cooperation agreement, Wonder Transit X will be integrated into the green minibus fleet operated by Koon Wing Motors, seamlessly bridging Weixin Pay, Wonder’s smart mobility solutions, and the local green minibus network. In particular, routes servicing the new Huanggang Port will introduce Wonder Transit X to support a versatile array of electronic payment methods, including Weixin Pay, thereby streamlining cross-border commutes for both tourists and local residents. This cooperation will introduce various digital payment options and digital operational capabilities to these critical routes, elevating the passenger journey while empowering operators to optimize ticketing, transaction processing, and daily administrative efficiency. This deployment signifies the official expansion of Wonder Transit X into Hong Kong’s green minibus sector, laying a solid foundation for the digital transformation of local public transport. Wayne Chen, Regional Head of Hong Kong, Macau and Taiwan, Weixin Pay, said, “Minibuses are a cornerstone of Hong Kong's transit infrastructure, essential for both the immersive travel experiences of tourists and the everyday needs of Greater Bay Area residents. We believe this cooperation with Koon Wing Motors will significantly optimize transit efficiency, eliminate the friction of cash handling, and digitally transform the 'last mile' of cross-border connectivity.” Ma Kiu Sang, Director of Yan Yan Motors Ltd., a subsidiary of Koon Wing Motors, said, “To enhance the commuting experience for passengers utilizing our green minibuses post-clearance at the Heung Yuen Wai and new Huanggang ports, we have upgraded our fleet with a state-of-the-art digital payment system. In addition to Octopus, cross-border passengers can now pay fares using Weixin Pay, credit cards and a wide array of digital payment methods, making every journey smoother and more convenient.” Jason Ngan, Founder and CEO of Wonder, said, “This cooperation underscores Wonder’s unwavering commitment to advancing smart city infrastructure through FinTech. By integrating Wonder Transit X into an expanding network of green minibuses, we are delivering more accessible, diversified, and globally recognized payment options to passengers, while injecting fresh impetus into the digital transformation of Hong Kong’s public transit system. Whether serving local residents, mainland visitors, or international tourists, our platform ensures everyone can utilize their preferred payment methods for a frictionless and inclusive travel experience. Given the intensifying cross-border connectivity, incorporating commonly used payment tools in the Chinese Mainland like Weixin Pay into minibus routes connecting port-adjacent communities directly addresses the pragmatic needs of cross-border passengers. We look forward to working with Weixin Pay and Koon Wing Motors to seamlessly integrate smart payment capabilities into the daily commutes of Hong Kong citizens and facilitating cross-border travel, further cementing Hong Kong's leading position as an international smart city.” Wayne Chen, Weixin Pay (WeChat Pay), Regional Head of Hong Kong, Macau and Taiwan; Ma Kiu Sang, Director of Yan Yan Motors, a subsidiary of Koon Wing Motors; and Jason Ngan, Founder and CEO of Wonder, at the Hong Kong Minibus Smart Transit Cooperation Signing Ceremony. Digitalizing Public Transit: Elevating the Passenger Experience and Operational Efficiency Public transportation is an integral component of daily life in Hong Kong. In tandem with ongoing smart city initiatives, the digital transformation of public transit has become paramount. This cooperation will offer convenience to passengers on the relevant green minibus routes. Local residents, Mainland visitors and international travelers can seamlessly settle fares using a comprehensive suite of digital payment solutions tailored to their preferences, including Weixin Pay, PayMe, UnionPay, UnionPay app, JCB, Visa, Mastercard, Discover, Diners, and BOC Pay. This effectively eliminates the reliance on cash and exact change — a critical advantage during peak transit hours and short-haul journeys. Furthermore, digital payments ensure transparent transaction records and instant confirmation, granting passengers peace of mind and real-time visibility into their fare expenditures. Over the long term, this cooperation will drive the modernization of minibus services, aligning them more closely with the contemporary needs of the public. Beyond serving local communities, this cooperation significantly refines the cross-border travel experience between Hong Kong and Chinese Mainland. Specific routes act as vital arteries connecting border communities, offering essential transit links for frequent cross-border travelers. Notably, as a flagship infrastructure project between Shenzhen and Hong Kong, the new Huanggang Port's connecting minibus routes will feature this diversified digital payment system. Mainland visitors can utilize familiar platforms such as Weixin Pay, mitigating the friction of acquiring Hong Kong currency upon arrival and ensuring a fluid transit experience. As minibus services increasingly integrate with border checkpoints, community transit hubs, and broader railway networks, this streamlined payment infrastructure will be instrumental in enhancing cross-border travel convenience. For operators, the Wonder Transit X platform centralizes fare configuration, transaction logging, and operational data analytics, substantially reducing administrative overhead. The system dynamically accommodates complex fare structures across varying routes, section fares, and passenger categories, supporting fare collection and management for various ticket types including adults, children and seniors. Leveraging robust digital transaction ledgers and backend administrative tools, operational teams can gain better insights into transaction and operational conditions across various routes, laying the groundwork for digital fleet management and service optimisation, ultimately elevating the experience for both frontline drivers and passengers. Green minibuses under Koon Wing Motors now feature a new electronic payment system offering a wide range of payment methods including Weixin Pay, PayMe, UnionPay, UnionPay app, JCB, Visa, Mastercard, Discover, Diners and BOC Pay. Wonder Transit X: “Any Payments. Any Transportation.” Wonder Transit X is a comprehensive, all-in-one smart payment platform engineered specifically for the transit sector. Anchored by the product philosophy of “Any Payments. Any Transportation.”, it integrates passenger payment processing, fare routing rules, transaction confirmation, and fleet management into a single platform. The platform is designed to deliver a streamlined, intuitive, and secure payment experience for commuters, while empowering operators with robust tools for complex fare structures, transaction records, and day-to-day fleet operations. Beyond green minibuses, Wonder Transit X supports various modes of transport and integrates with existing transport systems, making it highly adaptable for taxis, ferries, and broader public transit applications. Smart Upgrades for Green Minibuses: A Benchmark for Public Transit Digitalization This cooperation illustrates the seamless expansion of smart transit platforms from fundamental payment gateways into comprehensive ticketing and operational management solutions. By unifying payment processing, fare structuring, and operational analytics, the platform fosters a more efficient, intelligent, and sustainable public transit model. This implementation will serve as a benchmark and operational blueprint for other public transport operators considering smart mobility solutions in the future. Through this cooperation, Weixin Pay is extending its frictionless payment ecosystem deeper into daily commuting scenarios. Passengers utilizing Weixin Pay will benefit from the enhanced convenience of using their preferred payment option on designated green minibuses. Ultimately, this cooperation not only accelerates the digital transformation of Hong Kong’s green minibuses but also enhances cross-border mobility by optimizing the transit payment experience at border checkpoints. It simultaneously promotes the growth of Hong Kong's local payment ecosystem, cross-border payment convenience, and smart mobility services, injecting new momentum into Hong Kong's smart city development. Green minibus routes operated by Koon Wing Motors serve vital port-adjacent communities, delivering a smart travel experience for cross-border passengers between Hong Kong and the Chinese Mainland. Wonder: Committed to “Making Payments Simple” Through Technology As a leading FinTech platform serving businesses in Hong Kong and the Asia-Pacific region, Wonder's mission is to "make payments simple", leveraging technology to simplify payment processing, collections, and capital management. The platform integrates online and offline collections, corporate accounts, digital payments, business expense management, transaction management, and digital financial services. Furthermore, it supports digital onboarding, e-KYC, instant settlement, and SME financing. Through these solutions, Wonder empowers businesses to maximize operational efficiency and expand their payment capabilities across diverse sectors, spanning business operations, public services, and daily mobility. Backed by robust technological capabilities and a culture of innovation, Wonder has achieved notable milestones in recent years, including: secured a USD6 million Series A funding round led by Hong Kong Telecom (HKT) / PCCW in 2019; introduced the T+0 instant settlement for digital taxi payments in Hong Kong in 2023, accelerating daily fare reconciliation for drivers; recognized as the first FinTech firm authorized by the Hong Kong Transport Department to deploy digital payment acceptance infrastructure within taxis in 2024; appointed as Octopus's inaugural omnichannel payment service provider in Hong Kong, enabling merchants to accept Octopus and over 30 alternative payment methods seamlessly via a unified platform; and successfully raised a USD12 million venture debt from HSBC Innovation Banking in February 2026 to support business growth across the Asia-Pacific region and product development. Please click here to download the high-resolution images. About Wonder Wonder is a leading payments and FinTech platform for merchants in Hong Kong and the Asia-Pacific region, dedicated to leveraging technology to simplify payment processing, collections, and capital management for businesses across all industries. The platform provides one-stop payment, capital management and digital financial solutions for merchants and enterprises of varying scales, encompassing online and offline collections, corporate accounts, digital payments, business expense management, transaction management, and instant settlement. Wonder is Hong Kong’s first full-stack omnichannel payments platform, allowing merchants to complete KYC onboarding digitally in minutes, open an account, accept payments, pay digitally, and manage transactions, all from a single platform. Key products include Wonder App, Wonder Terminal, Wonder Dashboard, Wonder Card, Wonder Taxi, and Wonder Transit X. Headquartered in Hong Kong, Wonder completed a USD 6 million Series A funding round led by Hong Kong Telecom (HKT) / PCCW and raised a USD 12 million venture debt from HSBC Innovation Banking. The Company has offices in Hong Kong, Japan, Taiwan, Singapore, Malaysia and the Chinese Mainland, continuously driving the advancement of payments, FinTech, and digital operational services across Asia. For more information, please visit https://wonder.app. About Weixin Pay (WeChat Pay) Weixin Pay is the mobile payment solution integrated within the Weixin/WeChat application and is one of China's leading mobile payment services. Its mission is to provide users and businesses with secure, convenient, and professional payment experiences. In China, Weixin Pay covers nearly every aspect of daily life, both online and offline. The cross-border Weixin Pay service is available in 78 countries and regions, supports 36 currencies, and covers a wide range of scenarios including restaurants, retail, transportation, tourist attractions, and education payments, helping international merchants effectively serve Chinese consumers. Visit https://pay.weixin.qq.com/ About Koon Wing Motors Koon Wing Motors manages a comprehensive network of green minibuses across Hong Kong, serving as a long-standing transit provider for residents. Capitalizing on extensive expertise in green minibus fleet management and operations, Koon Wing Motors remains steadfastly committed to enhancing the accessibility and reliability of public transportation, delivering a seamless, frictionless commuting experience for local residents and cross-border passengers. For media enquiries, please contact: Frement Financial PR Team Tel: (852) 9461 9199
- Addressing Cross-Border Transit Demand at the New Huanggang Port: Weixin Pay, Wonder and Koon Wing Motors Join Forces to Introduce 'Wonder Transit X' Smart Mobility Platform, Driving Digital Transformation of Green Minibuses and Fostering Public Transit Integration Between HK and the Chinese MainlandWith the imminent inauguration of the new Huanggang Port, cross-border transport demand between Shenzhen and Hong Kong is set to rise further. To drive the digital transformation of Hong Kong’s green minibuses and facilitate cross-border travel between Hong Kong and the Chinese Mainland, Wonder (the “Company”), a leading FinTech and payments platform for merchants in Hong Kong and Asia-Pacific region, Weixin Pay, and Koon Wing Motors reached a cooperation intention at the “Hong Kong Minibus Smart Transit Cooperation Signing Ceremony” held on 18 August 2026. This cooperation marks a pivotal milestone in the integration of public transportation between Hong Kong and the Chinese Mainland. By deploying the Wonder Transit X smart mobility platform across Hong Kong’s green minibus network, the initiative will comprehensively drive innovation in smart payments, smart ticketing, and digital operations, delivering a seamless, frictionless commuting experience for local residents and cross-border passengers, further deepening the integration of FinTech with Hong Kong’s public transit sector. Under the cooperation agreement, Wonder Transit X will be integrated into the green minibus fleet operated by Koon Wing Motors, seamlessly bridging Weixin Pay, Wonder’s smart mobility solutions, and the local green minibus network. In particular, routes servicing the new Huanggang Port will introduce Wonder Transit X to support a versatile array of electronic payment methods, including Weixin Pay, thereby streamlining cross-border commutes for both tourists and local residents. This cooperation will introduce various digital payment options and digital operational capabilities to these critical routes, elevating the passenger journey while empowering operators to optimize ticketing, transaction processing, and daily administrative efficiency. This deployment signifies the official expansion of Wonder Transit X into Hong Kong’s green minibus sector, laying a solid foundation for the digital transformation of local public transport. Wayne Chen, Regional Head of Hong Kong, Macau and Taiwan, Weixin Pay, said, “Minibuses are a cornerstone of Hong Kong's transit infrastructure, essential for both the immersive travel experiences of tourists and the everyday needs of Greater Bay Area residents. We believe this cooperation with Koon Wing Motors will significantly optimize transit efficiency, eliminate the friction of cash handling, and digitally transform the 'last mile' of cross-border connectivity.” Ma Kiu Sang, Director of Yan Yan Motors Ltd., a subsidiary of Koon Wing Motors, said, “To enhance the commuting experience for passengers utilizing our green minibuses post-clearance at the Heung Yuen Wai and new Huanggang ports, we have upgraded our fleet with a state-of-the-art digital payment system. In addition to Octopus, cross-border passengers can now pay fares using Weixin Pay, credit cards and a wide array of digital payment methods, making every journey smoother and more convenient.” Jason Ngan, Founder and CEO of Wonder, said, “This cooperation underscores Wonder’s unwavering commitment to advancing smart city infrastructure through FinTech. By integrating Wonder Transit X into an expanding network of green minibuses, we are delivering more accessible, diversified, and globally recognized payment options to passengers, while injecting fresh impetus into the digital transformation of Hong Kong’s public transit system. Whether serving local residents, mainland visitors, or international tourists, our platform ensures everyone can utilize their preferred payment methods for a frictionless and inclusive travel experience. Given the intensifying cross-border connectivity, incorporating commonly used payment tools in the Chinese Mainland like Weixin Pay into minibus routes connecting port-adjacent communities directly addresses the pragmatic needs of cross-border passengers. We look forward to working with Weixin Pay and Koon Wing Motors to seamlessly integrate smart payment capabilities into the daily commutes of Hong Kong citizens and facilitating cross-border travel, further cementing Hong Kong's leading position as an international smart city.” Wayne Chen (left), Regional Head of Hong Kong, Macau and Taiwan, Weixin Pay; Ma Kiu Sang (center), Director of Yan Yan Motors Ltd., a subsidiary of Koon Wing Motors; and Jason Ngan (right), Founder and CEO of Wonder, are pictured at the Hong Kong Minibus Smart Transit Cooperation Signing Ceremony. Digitalizing Public Transit: Elevating the Passenger Experience and Operational Efficiency Public transportation is an integral component of daily life in Hong Kong. In tandem with ongoing smart city initiatives, the digital transformation of public transit has become paramount. This cooperation will bring significant convenience to passengers on the relevant green minibus routes. Local residents, Mainland visitors and international travelers can seamlessly settle fares using a comprehensive suite of digital payment solutions tailored to their preferences, including Weixin Pay, PayMe, UnionPay, UnionPay app, JCB, Visa, Mastercard, Discover and Diners, and BOC Pay. This effectively eliminates the reliance on cash and exact change—a critical advantage during peak transit hours and short-haul journeys. Furthermore, digital payments ensure transparent transaction records and instant confirmation, granting passengers peace of mind and real-time visibility into their fare expenditures. Over the long term, this cooperation will drive the modernization of minibus services, aligning them more closely with the contemporary needs of the public. Beyond serving local communities, this cooperation significantly refines the cross-border travel experience between Hong Kong and Chinese Mainland. Specific routes act as vital arteries connecting border communities, offering essential transit links for frequent cross-border travelers. Notably, as a flagship infrastructure project between Shenzhen and Hong Kong, the new Huanggang Port's connecting minibus routes will feature this diversified digital payment system. Mainland visitors can utilize familiar platforms such as Weixin Pay, mitigating the friction of acquiring Hong Kong currency upon arrival and ensuring a fluid transit experience. As minibus services increasingly integrate with border checkpoints, community transit hubs, and broader railway networks, this streamlined payment infrastructure will be instrumental in enhancing cross-border travel convenience. For operators, the Wonder Transit X platform centralizes fare configuration, transaction logging, and operational data analytics, substantially reducing administrative overhead. The system dynamically accommodates complex fare structures across varying routes, section fares, and passenger categories, supporting fare collection and management for various ticket types including adults, children and seniors. Leveraging robust digital transaction ledgers and backend administrative tools, operational teams can gain better insights into transaction and operational conditions across various routes, laying the groundwork for digital fleet management and service optimisation, ultimately elevating the experience for both frontline drivers and passengers. Green minibuses under Koon Wing Motors now feature a new electronic payment system supporting a wide range of payment methods including Weixin Pay, PayMe, UnionPay, UnionPay app, JCB, Visa, Mastercard, Discover and Diners, and BOC Pay. Wonder Transit X: “Any Payments. Any Transportation.” Wonder Transit X is a comprehensive, all-in-one smart payment platform engineered specifically for the transit sector. Anchored by the product philosophy of “Any Payments. Any Transportation.”, it integrates passenger payment processing, fare routing rules, transaction confirmation, and fleet management into a single platform. The platform is designed to deliver a streamlined, intuitive, and secure payment experience for commuters, while simultaneously empowering operators with robust tools for managing complex fare structures, transaction records, and day-to-day fleet operations. Beyond green minibuses, Wonder Transit X is also capable of supporting various modes of transport and integrating with existing transport systems, making it highly adaptable for taxis, ferries, and broader public transit applications. Smart Upgrades for Green Minibuses: A Benchmark for Public Transit Digitalization This cooperation illustrates the seamless expansion of smart transit platforms from fundamental payment gateways into comprehensive ticketing and operational management solutions. By unifying payment processing, fare structuring, and operational analytics, the platform fosters a more efficient, intelligent, and sustainable public transit model. This implementation will serve as a benchmark and operational blueprint for other public transport operators considering smart mobility solutions in the future. Through this cooperation, Weixin Pay is extending its frictionless payment ecosystem deeper into daily commuting scenarios. Passengers utilizing Weixin Pay will benefit from the enhanced convenience of using their preferred payment option on designated green minibuses. Ultimately, this cooperation not only accelerates the digital transformation of Hong Kong’s green minibuses but also enhances cross-border mobility by optimizing the transit payment experience at border checkpoints. It simultaneously promotes the growth of Hong Kong's local payment ecosystem, cross-border payment convenience, and smart mobility services, injecting new momentum into Hong Kong's smart city development. Green minibus routes operated by Koon Wing Motors serve vital port-adjacent communities, delivering a smart travel experience for cross-border passengers traveling between Hong Kong and the Chinese Mainland. Wonder: Committed to “Making Payments Simple” Through Technology As a leading FinTech platform serving businesses in Hong Kong and the Asia-Pacific region, Wonder's mission is to "make payments simple", leveraging technology to simplify payment processing, collections, and capital management. The platform integrates online and offline collections, corporate accounts, digital payments, business expense management, transaction management, and digital financial services. Furthermore, it supports digital onboarding, e-KYC, instant settlement, and SME financing. Through these solutions, Wonder empowers businesses to maximize operational efficiency and expand their payment capabilities across diverse sectors, spanning business operations, public services, and daily mobility. Backed by robust technological capabilities and a culture of innovation, Wonder has achieved notable milestones in recent years, including: secured a USD6 million Series A funding round led by Hong Kong Telecom (HKT) / PCCW in 2019; introduced the T+0 instant settlement for digital taxi payments in Hong Kong in 2023, accelerating daily fare reconciliation for drivers; recognized as the first FinTech firm authorized by the Hong Kong Transport Department to deploy digital payment acceptance infrastructure within taxis in 2024; appointed as Octopus's inaugural omnichannel payment service provider in Hong Kong, enabling merchants to seamlessly accept Octopus and over 30 alternative payment methods via a unified platform; and successfully raised a USD12 million venture debt from HSBC Innovation Banking in February 2026 to support business growth across the Asia-Pacific region and product development. Please click here to download the high-resolution images. About Wonder Wonder is a leading payments and FinTech platform for merchants in Hong Kong and the Asia-Pacific region, dedicated to leveraging technology to simplify payment processing, collections, and capital management for businesses across all industries. The platform provides one-stop payment, capital management and digital financial solutions for merchants and enterprises of varying scales, encompassing online and offline collections, corporate accounts, digital payments, business expense management, transaction management, and instant settlement. Wonder is Hong Kong’s first full-stack omnichannel payments platform, allowing merchants to complete KYC onboarding digitally in minutes, open an account, accept payments, pay digitally, and manage transactions, all from a single platform. Key products include Wonder App, Wonder Terminal, Wonder Dashboard, Wonder Card, Wonder Taxi, and Wonder Transit X. Headquartered in Hong Kong, Wonder completed a USD6 million Series A funding round led by Hong Kong Telecom (HKT) / PCCW and raised a USD12 million venture debt from HSBC Innovation Banking. The Company has offices in Hong Kong, Japan, Taiwan, Singapore, Malaysia and the Chinese Mainland, continuously driving the advancement of payments, FinTech, and digital operational services across Asia. For more information, please visit https://wonder.app. About Weixin Pay Weixin Pay is the mobile payment solution integrated within the Weixin/WeChat application and is one of China's leading mobile payment services. Its mission is to provide users and businesses with secure, convenient, and professional payment experiences. In China, Weixin Pay covers nearly every aspect of daily life, both online and offline. The cross-border Weixin Pay service is available in 78 countries and regions, supports 36 currencies, and covers a wide range of scenarios including restaurants, retail, transportation, tourism attractions, and education payments - helping international merchants effectively serve Chinese consumers. About Koon Wing Motors Koon Wing Motors manages a comprehensive network of green minibuses across Hong Kong, serving as a long-standing transit provider for local residents. Capitalizing on extensive expertise in green minibus fleet management and operations, Koon Wing Motors remains steadfastly committed to enhancing the accessibility and reliability of public transportation, delivering a seamless, frictionless commuting experience for local residents and cross-border passengers. For media enquiries, please contact: Frement Financial PR Team Tel: (852) 9461 9199
- Ant International’s FalconTST Model 2.0 Achieves SOTA, Elevating Predictive AI Application in Finance to New LevelsSHANGHAI & SINGAPORE, August 20, 2026--Ant International has introduced Falcon Time-Series Transformer (TST) AI Model 2.0, its most advanced TST model so far designed to deliver more accurate forecasting in real-world FX risk management of cross-border payments, with more industry applications to come, such as demand forecasting for supply chain management for e-commerce platforms, and predictive operations management for aviation industry.
- W.W. Grainger, Inc.GRAINGER OPENS NORTHWEST DISTRIBUTION CENTER IN GRESHAM, OREGONCompanies: W. W. GraingerNew facility builds on Grainger's more than 80-year presence in Oregon, supports local jobs and deepens community partnership with Boys & Girls Club of Portland Metropolitan Area — Grainger (NYSE: GWW), a leading broad line distributor of...
- Univest Securities, LLC Announces Closing of $1.8 Million Registered Direct Offering for its Client Singularity Future Technology Ltd. (NASDAQ: SGLY)Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a registered direct offering (the “Offering”) of approximately $1.8 million for its client Singularity Future Technology Ltd. (NASDAQ: SGLY) (the "Company"), a global logistics integrated solution provider.
- Logistics Expert and Scholar Michael Curtis Broughton Publishes New Book THE VERONIC INDUSTRIAL STANDARDRetired Army Captain and Logistics Innovator Michael Curtis Broughton Releases THE VERONIC INDUSTRIAL STANDARD, a New Framework for Fleet and Network Optimization. New book argues that global freight must be reimagined as a connected, cyber-physical flow system, and introduces the four-pillar VERONIC framework to get there.
- Constellation Brands Announces $100 Million Investment to Support U.S. FarmersCompanies: Constellation BrandsCompany expands commitment to American agriculture and beer supply chain with support for growers in Idaho, Montana, and North Dakota
- Da Vinci Highlights Unified Platform Purpose-Built to Help Growing 3PLs Handle Rising 3PL ComplexityAs warehouse complexity increases, Da Vinci’s cloud-native platform enables 3PLs to manage multi-client warehousing, automate billing, and accelerate client onboarding to support growth
- YFOREYFORE Unveils New North America Headquarters and Facility in AtlantaThe August 26 grand opening brings local R&D, advanced manufacturing, and supply chain capabilities directly to regional OEM partners. — YFORE, a global Tier 1 automotive electronics supplier specializing in intelligent mobility, will celebrate the...
- XBEXBE Announces Growth Investment from PSG to Help Accelerate Product and Community GrowthKANSAS CITY, Mo., August 19, 2026--XBE, the system of action and superworkforce for heavy materials, logistics and construction, today announced a growth investment from PSG, a leading growth equity firm that partners with software and technology-enabled services companies to capitalize on transformational expansion. Founder and CEO Sean Devine and Banneker Partners will each retain significant ownership positions and Devine will continue to lead the company.