IIG plc is pleased to announce that its largest investment, Hui10 Inc., has signed a strategic cooperation agreement with Yinsheng Payment (YSEPay), one of China’s leading licensed third-party payment service providers.
Under the agreement, YSEPay will provide Hui10 with a facility to fully cover Hui10’s expected growth in real-time settlement for the Lucky World Lottery Payments Platform. Currently, under China’s lottery regulations, lottery operators must prefund accounts, in full, each day to process lottery sales which impacts Hui10’s working capital, limiting transaction volume growth.
This deal allows Hui10 to:
- scale its operations without prefunding limits, creating a future-ready infrastructure for the introduction of paperless lottery play.
- smoothly integrate Hui10’s services including Lottery HongBao, Lucky Beans loyalty exchange, and UGO Lotto scratch cards into a compliant, secure, and scalable platform.
- strengthen the role of Hui10’s digital payment solution and transaction engine within the Lucky World environment.
Yinsheng Payment est. 2009, Shenzhen is among the first payment institutions licensed by the People’s Bank of China. It operates nationwide in internet, mobile, and bank card payments, and is one of the first third-party acquirers supporting foreign cards. It is a national high-tech enterprise, a UnionPay member, and partners with major banks and global card networks (Visa, Mastercard, AmEx, JCB). Its business spans FMCG, telecoms, logistics, catering, and retail, ranking among the top 10 acquirers in China for consecutive years.
To find out more read the full RNS here: https://iigplc.com/wp-content/uploads/2025/12/Yinsheng-Payment-Partnership-RNS-04.12.2025.pdf