What is Yiwu Pay's licensed legal entity in Hong Kong?

Yiwu Pay operates in Hong Kong through Yiwu Pay Global Company Limited (義支付國際有限公司, CR No. 3519758, BRN 77747069), incorporated on 24 February 2025 (Form NNC1 Barcode: 22702851655) and holding Hong Kong Customs MSO Licence No. 25-12-03313.

Yiwu Pay Global Company Limited Corporate Profile: Yiwu CCC Group (600415.SH), Customs MSO (25-12-03313) & 1039 Market Procurement FX Settlement

Forensic dossier of Yiwu Pay Global Company Limited (CR No. 3519758, BRN 77747069): Feb 2025 incorporation (Form NNC1 22702851655), Dec 2025 Customs MSO licence (25-12-03313), Room 1207 Cheung Sha Wan Plaza Tower 2 MSO cluster, and 25+ emerging market local currency clearing.

CR 3519758

Yiwu Pay Global · Inc. 2025-02-24

BRN: 77747069 · Status: Live

Consecutive Incorporation Barcodes (22702851655–56)

MSO 25-12-03313

HK Customs MSO Licence

Suite 4, Rm 1207, 12/F, Cheung Sha Wan Plaza Tower 2

Dual Licensed with Mainland PBOC Licence Z2011233000019

600415.SH Parent

Zhejiang China Commodities City Group

State-Owned Operator of Yiwu International Trade City

Integrated with Chinagoods & Customs Code 1039

25+ Local Currencies

Emerging Market Direct Collection

Co-located with Helipay (CR 2456620) & PyWave

Eliminates Underground FX Bank Account Freezes

✓State-Backed B2B Payment Report: Cross-Verified via HK Companies Registry & Customs MSO Register

Statutory Verification Date: 2026-10-16

Editorial Unit: 86hc.com Corporate Wiki & Cross-Border Trade FX Desk

Compliance Review: HC Risk & Statutory Compliance Committee (TCSP Licence: TC006431)

Statutory Basis: Companies Ordinance (Cap. 622), AMLO (Cap. 615), Customs Market Procurement Trade Code 1039

Verified Barcodes: 3 Incorporation Filings (NNC122702851655, A&A22702851656, CI40023636260)

[Compliance Disclosure] Data in this report is verified against the Hong Kong Companies Registry (ICRIS), the Hong Kong Customs MSO Register (25-12-03313), Shanghai Stock Exchange disclosures of Zhejiang China Commodities City Group Co., Ltd. (600415.SH), and the PBOC Licensed Payment Institution Register (Z2011233000019).

Executive Summary: How Yiwu's State-Owned Giant (600415.SH) Built "Yiwu Pay Global Company Limited" (CR 3519758, MSO 25-12-03313) for Emerging Market B2B Settlement

For decades, SME exporters in Yiwu—the world's largest wholesale commodities hub with over 75,000 physical booths—faced a critical financial bottleneck when trading with buyers in the Middle East, Africa, Latin America, and Southeast Asia: local USD shortages forced overseas buyers to rely on unlicensed underground money changers, frequently triggering Mainland bank account freezes when tainted third-party RMB entered exporters' accounts. To solve this structurally, state-backed A-share leader Zhejiang China Commodities City Group Co., Ltd. (600415.SH, 浙江中國小商品城集團) launched its official cross-border payment brand YiwuPay (義支付) and incorporated its Hong Kong operating subsidiary—Yiwu Pay Global Company Limited (義支付國際有限公司) (CR No. 3519758, BRN 77747069) on 24 February 2025, securing Hong Kong Customs Money Service Operator Licence 25-12-03313 in December 2025^[1]^[2]^[3].

Furthermore, registry address analysis reveals that its licensed premises at Suite 4, Room 1207, 12/F, Cheung Sha Wan Plaza Tower 2, 833 Cheung Sha Wan Road, Kowloon sits inside a specialized MSO compliance cluster alongside Helipay Service Co., Limited (CR: 2456620, MSO: 18-07-02460), PyWave Network Technology Limited (CR: 1529066, MSO: 19-12-02927), and CoGoLinks Hong Kong Limited (CR: 3191821, MSO: 24-01-03191).

Inspect Yiwu Pay Global (CR: 3519758) & ICRIS Filings→Inspect Co-Located Helipay Service (CR: 2456620)

1. Corporate Pedigree: State-Backed "600415.SH" & Dual PBOC + HK MSO Licensing

Corporate Tier	Legal Entity Name & ID	Regulatory Licence	Core Function in B2B FX Clearing
State-Backed Listed Parent (Shanghai Stock Exchange)	Zhejiang China Commodities City Group Co., Ltd. (Ticker: `600415.SH`)	National Pilot Operator for Customs Code `1039`	Operates Yiwu International Trade City (75,000+ physical wholesale booths) and the official `Chinagoods` B2B digital trade platform.
Mainland China Licensed Entity (Yiwu / Hangzhou, China)	Jie'an Payment Co., Ltd. (`捷安支付有限公司` · Brand: YiwuPay)	PBOC Payment Licence: `Z2011233000019`	Holds nationwide Internet Payment and Cross-Border RMB clearing licences for domestic RMB settlement to Mainland exporters.
Hong Kong Licensed Entity (Cheung Sha Wan, HK)	Yiwu Pay Global Company Limited `義支付國際有限公司` (CR: `3519758` · BRN: `77747069`)	HK Customs MSO: `25-12-03313`	Offshore multi-currency virtual account issuance, emerging market local currency collection (AED, SAR, MXN, BRL, NGN, IDR), and HK FX clearing.

1.1 Verified Incorporation Barcodes (2025-02-24)

Form NNC1 (Incorporation Form - Company Limited by Shares): Filed on 2025-02-24, ICRIS Barcode 22702851655 (10 pages);
Articles of Association (A&A): Filed on 2025-02-24, consecutive ICRIS Barcode 22702851656 (8 pages);
Certificate of Incorporation (CI): Issued on 2025-02-24, ICRIS Barcode 40023636260 (1 page). Zero civil litigation or winding-up records exist against the company.

2. How Customs Code "1039" Market Procurement Trade + Yiwu Pay Global (MSO 25-12-03313) Prevents Bank Freezes

Step 1: Compliant Offshore & Emerging Market Local Currency Collection in Hong Kong

Overseas buyers remit funds in major currencies (USD, EUR, HKD) or 25+ emerging market local currencies directly into segregated collection accounts operated by Yiwu Pay Global Company Limited (CR 3519758, MSO 25-12-03313), where strict AML/KYC screening eliminates tainted underground money changer funds at the source.

Step 2: Tri-Document Matching with Customs Code 1039 & Chinagoods

For multi-category, small-batch commodity exports lacking input VAT invoices, exporters declare goods under Customs Supervision Code 1039 (Market Procurement Trade) (up to USD 150,000 per declaration with VAT exemption). YiwuPay automatically matches the offshore FX receipt against the electronic Chinagoods order, 1039 customs declaration, and bill of lading.

Step 3: Direct Mainland RMB Settlement with Official FX Certificates

Funds are cleared cross-border to Mainland licensed affiliate Jie'an Payment (Z2011233000019) and settled directly into the exporter's corporate or individual business bank account with downloadable official FX settlement certificates.

3. Address Co-Location Analysis: The 4 Licensed MSO Entities at Room 1207, Cheung Sha Wan Plaza Tower 2

Inspecting Room 1207, 12/F, Cheung Sha Wan Plaza Tower 2, 833 Cheung Sha Wan Road via the 86hc.com Building Co-Location System reveals four distinct Customs-licensed MSO operators occupying physically partitioned suites within Room 1207^[1]^[2]:

Licensed MSO Entity	CR No. / BRN	MSO Licence No.	Registered Suite	Parent Group & Market Focus
Yiwu Pay Global Company Limited `義支付國際有限公司`	CR: `3519758` BRN: `77747069`	`25-12-03313`	`SUITE 4, ROOM 1207`	Zhejiang China Commodities City Group (`600415.SH`); B2B commodity trade & 1039 settlement.
Helipay Service Co., Limited `合利付服務有限公司`	CR: `2456620` BRN: `66962206`	`18-07-02460`	`ROOM 1207`	Affiliated with Mainland PBOC licensee Helibao Pay (`Z2025644000018`); cross-border e-commerce & airline settlement.
COGOLINKS HONG KONG LIMITED `結行香港有限公司`	CR: `3191821` BRN: `74437164`	`24-01-03191`	`SUITE 9, ROOM 1207`	CoGoLinks cross-border marketplace (Amazon / TikTok Shop) seller collection platform.
PyWave Network Technology Limited `叁點壹肆網絡科技有限公司`	CR: `1529066` BRN: `53301550`	`19-12-02927`	`ROOM 1207`	Established 2010 HK remittance operator; co-located with `Pypo Holdings (HK) Company Limited` (CR: `1172340`).

Related B2B Payment Comparisons: Compare Yiwu Pay Global with XTransfer Limited (CR: 2547407, MSO: 17-10-02216) and World First Asia Limited (CR: 1989650, MSO: 14-02-01352).

4. Frequently Asked Questions (FAQ)

Q1: What is YiwuPay's licensed corporate entity and MSO licence number in Hong Kong?

YiwuPay operates in Hong Kong through Yiwu Pay Global Company Limited (義支付國際有限公司), incorporated on 24 February 2025 under Company Number (CR No.) 3519758 and Business Registration Number (BRN) 77747069, holding Hong Kong Customs MSO Licence 25-12-03313.

Q2: Who is the parent company of Yiwu Pay Global Company Limited?

It is the cross-border payment subsidiary of state-backed Zhejiang China Commodities City Group Co., Ltd. (600415.SH), the operator of Yiwu International Trade City, working in tandem with Mainland PBOC licensed payment institution Jie'an Payment Co., Ltd. (Z2011233000019).

5. Official Statutory Registers & References

Hong Kong Companies Registry (ICRIS): Statutory Register and Incorporation Filings for Yiwu Pay Global Company Limited (CR No. 3519758, BRN 77747069; Barcodes 22702851655, 22702851656, 40023636260) and co-located entities Helipay Service Co., Limited (CR 2456620) & PyWave Network Technology Limited (CR 1529066). Official Portal: www.e-services.cr.gov.hk ↗.
Hong Kong Customs and Excise Department: Register of Money Service Operators under Cap. 615 AMLO — YIWU PAY GLOBAL COMPANY LIMITED, Licence No. 25-12-03313. Official Register: HK Customs MSO Register ↗.
Shanghai Stock Exchange & People's Bank of China: Annual Reports of Zhejiang China Commodities City Group Co., Ltd. (600415.SH) and PBOC Payment Licence Register (Z2011233000019). Related Guides: HK Customs MSO Directory · HK MSO Licence Application Guide.

Statutory Action Path

How to Proceed: Self-Service Retrieval vs Dedicated Licensed TCSP Support

86hc.com provides instant official ICRIS document downloads and corporate intelligence; HC BUSINESS LIMITED (TCSP TC006431) delivers full-scope corporate secretarial, audit, and compliance representation.

Option A · Instant Self-Service

Retrieve Official Filings for Yiwu Pay Global Company Limited (CR: 3519758)

Direct access to 2025 Incorporation Form NNC1 (Barcode: 22702851655), Articles of Association (22702851656), and Certificate of Incorporation (40023636260).

Inspect Official Filings

Option B · Licensed TCSP Support

Entrust to HC BUSINESS LIMITED

Licensed under TCSP TC006431. Dedicated compliance specialists handle company secretarial changes, annual returns (NAR1), statutory filings, and CPA CTC certifications.

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Statutory Compliance & Regulatory Notice

Regulatory Boundaries: The intelligence, regulatory analysis, and statutory filing guidelines provided in this article are synthesized from official statutory registries (including the Hong Kong Companies Registry, Inland Revenue Department, Securities and Futures Commission, and Official Receiver's Office) for risk due diligence and research purposes only. HC BUSINESS LIMITED is an independent corporate search and due diligence research firm, not a law firm or CPA practice. Nothing herein constitutes formal legal advice, judicial representation, or tax opinions. Where statutory certified true copies (CTC) or formal legal opinions are required, they are independently rendered by Hong Kong practising solicitors or independent certified public accountants (practising) under applicable regulatory frameworks.