Runhe Software's Digital RMB Technological Reserves and Business Deep Dive

Runhe Software's Digital RMB Technological Reserves and Business Deep DiveOn December 5th, an investor inquired about Runhe Software's technological reserves and business involvement in digital RMB on an investor interaction platform. Runhe Software provided a detailed response, showcasing its technological prowess and business layout in the digital RMB field

Runhe Software's Digital RMB Technological Reserves and Business Deep Dive

On December 5th, an investor inquired about Runhe Software's technological reserves and business involvement in digital RMB on an investor interaction platform. Runhe Software provided a detailed response, showcasing its technological prowess and business layout in the digital RMB field.

Runhe Software's wholly-owned subsidiary, Beijing Jeko Zhicheng Technology Co., Ltd. (referred to as "Jeko Zhicheng"), serves as the core force in its digital RMB business. Focusing on high-quality domestic financial services, Jeko Zhicheng boasts a leading team specializing in professional payment solutions. It has accumulated extensive experience in digital RMB-related businesses, with participation and application covering crucial areas such as bank digital currency payment scenario testing, offshore payment testing, and cross-border payment system testing.

In digital currency payment scenario testing, Jeko Zhicheng demonstrates comprehensive technological capabilities and broad business coverage. Its testing encompasses numerous application scenarios, including various types of personal and corporate digital currency wallets. This not only signifies Jeko Zhicheng's ability to comprehensively test different types of digital RMB wallets but also reflects its understanding and mastery of all aspects of the digital RMB payment system. Crucially, Jeko Zhicheng focuses on key aspects like currency issuance and operation architecture, complete business scenarios, exception handling and reconciliation, and payment and consumption scenarios during testing, ensuring comprehensive and effective results. This holistic testing approach results in a test plan covering regulatory requirements and all business scenario processes, providing a solid technological foundation for the smooth operation of digital RMB. This goes beyond simple functional testing; it represents a profound understanding and technical support for the entire digital RMB payment ecosystem.

Jeko Zhicheng's contribution to offshore payment testing is equally noteworthy. It primarily participates in testing related businesses for the Hong Kong or overseas branches of state-owned and joint-stock commercial banks. This demonstrates that Jeko Zhicheng's technological capabilities extend beyond the domestic market to the international arena, providing crucial technological support for the internationalization strategies of Chinese financial institutions. Participation in offshore payment testing requires a deep understanding of international payment systems and the ability to handle complex international payment environments and regulatory requirements. Jeko Zhicheng's involvement in such projects fully showcases its technological strength and professional experience in the international payments field.

Jeko Zhicheng's participation in cross-border payment system testing further highlights its leading position in the digital RMB and related payment system fields. Jeko Zhicheng has participated in testing for various banks' foreign currency payments and the CIPS (Cross-border Interbank Payment System) payment system. As a crucial infrastructure for RMB cross-border payments, the stability and security of the CIPS system are paramount. Jeko Zhicheng's participation in its testing demonstrates that its technological capabilities have been recognized by authoritative institutions, and it ensures the safe and reliable operation of the CIPS payment system. Furthermore, Jeko Zhicheng participates in the multi-channel, full-process verification and upgrade work of payment systems involved in the core system upgrades and transformations of multiple banks. This participation demonstrates Jeko Zhicheng's professional capabilities in bank core system upgrades and transformations, ensuring the continuity of banking payment services, the accuracy and timeliness of fund processing, and the accuracy and traceability of exception fault tolerance handling. This is not just an optimization and improvement of existing payment systems, but also an active exploration and practice of the future direction of payment system development.

Jeko Zhicheng's investment and achievements in the digital RMB field have added a new advantage to Runhe Software's competitiveness in fintech. Its comprehensive testing capabilities, extensive project experience, and deep understanding of international payment systems make it an indispensable technological force in the digital RMB field. Through participation in the testing and R&D of digital RMB-related projects, Jeko Zhicheng has not only accumulated valuable experience but also enhanced its R&D capabilities and technological level. This will further promote Runhe Software's continuous development in the fintech field and bring it new market opportunities. Runhe Software's active participation also reflects the responsibility and commitment of Chinese fintech companies in supporting the development of digital RMB, making a positive contribution to the booming development of China's digital economy.

Through Jeko Zhicheng's professional technical strength and business layout, Runhe Software has secured a leading position in the digital RMB field. Its accumulated experience in payment scenario testing, offshore payment testing, and cross-border payment system testing has laid a solid foundation for its future development. In the future, with the continued promotion and application of digital RMB, Runhe Software will continue to leverage its technological advantages to contribute to the healthy development of digital RMB. Simultaneously, Runhe Software will continue to explore application scenarios and innovative models for digital RMB, injecting new vitality into the development of the fintech industry.

Runhe Software's response not only showcases its deep technological accumulation in the digital RMB field to investors but also provides crucial insights into the application and development of digital RMB. This is not only a reflection of Runhe Software's own strength but also a microcosm of the continuous innovation and development of Chinese fintech companies in the digital RMB field. In the era of the booming digital economy, companies like Runhe Software and Jeko Zhicheng will continue to leverage their technological advantages to promote the application and development of digital RMB and contribute to the construction of a new digital economy paradigm. We have reason to believe that in the future, Runhe Software will achieve even greater success in the digital RMB field. And Jeko Zhicheng, as Runhe Software's vanguard force in this area, will continue to lead industry development, contributing to the prosperity of China's digital economy. Their efforts will not only drive their own development but also contribute to the realization of the national digital economy strategy.