On March 26th, Lakala has received the approval to be listed on the Shanghai Stock Exchange, the first of its kind for the Chinese Payment industry as a while.

● Lakala listing article
　https://finance.ifeng.com/c/7lMLJw1Bop9

● Securities Regulatory Commission - Lakala
　http://www.csrc.gov.cn/pub/zjhpublic/G00306202/201903/t20190326_353383.htm


＜Notification regarding KINGS press release＞

KINGS has capital and business partnerships with various listed companies in and out of the country, including Lakala Inc. Since our press releases may conflict with the handling of insider information as stated in the Securities and Exchange regulations, we will continue to issue press releases in accordance with the IR policies of the listed client companies.

Due to the nature of the business of building payment infrastructures, there are many parts of our business that work in partnership with large companies.

Please understand that we have no choice but to refrain from...