China Youzan Limited, formerly China Innovationpay Group Limited, is an investment holding company principally engaged in the general trading business. The Company operates through four business segments. The General Trading Operations segment is engaged in the trading of watches, computers, communication equipments, currency sorters and other goods. The Prepaid Card and Related Operations segment is engaged in the marketing and sales of consumer goods in form of prepaid gift cards in the People’s Republic of China (the PRC), as well as the provision of third party payment services and consultancy services. The Travelers Related Services segment is engaged in the provision of air-ticketing services and related customer services. The Onecomm segment is engaged in the provision of third party payment system solutions and sales of integrated smart point of sales (POS) devices.

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