Established in August 2003, Union Mobile Potential Co., Ltd. (UMP)has grown into an Internet Hi-tech enterprise providing Finthch innovative services for industrial upgrading. It ranks No. 36 on the list of China 100 Internet Enterprises of 2016 published by the Information Center of MIIT. It serves on the board of National Internet Finance Association of China and is a standing director of Payment & Clearing Association of China. In July 2016, UMP became the wholly-owned subsidiary of Haili Metal One (ticker: 002537), a listed company in Shenzhen Stock Exchange. UMP owns two wholly-owned subsidiaries: Union Mobile Potential E-Commerce Co., Ltd. and Umpire International (U.S.) LLC. UMP has been licensed the Payment Business License (for nationwide internet payment, mobile phone payment and bank card acceptance) from the People's Bank of China, the business permit for payment and settlement of fund sales of CSRC, as well as the pilot permit for cross-border RMB payment of Beijing Branch of State Administration of Foreign Exchange. UMP has reached cooperation with over 110 financing institutions and more than 3,000 large enterprises. UMPay has also provided payment, Fintech, information, Merchant on Demand Service Solution and cross-border services for 700 thousand small & medium-sized enterprises and 450 million individual users. Adhering to the enterprise spirit of "faithful, professional, passionate, creative and win-win" UMP takes the mission of "creating a happy lifestyle enjoyed by all people through technology".