July 6, 2026. Shenzhen, China - A delegation from the Guangdong Federation of Industry and Commerce (GFIC) visited XGD Inc. as part of the "One Enterprise, One Policy" pilot program launched by the All-China Federation of Industry and Commerce (ACFIC). The initiative aims to provide tailored guidance to leading private enterprises, strengthen modern corporate governance, and promote the high-quality development of the private sector.

The delegation was led by Li Hong, Full-time Vice Chairperson of the Guangdong Federation of Industry and Commerce, and included representatives from the Guangdong Association for Private Enterprise Compliance, the Guangdong Private Enterprise Complaint Center, the Shenzhen Federation of Industry and Commerce, as well as industry experts and officials from relevant departments. The delegation was welcomed by Jiang Han, Vice Chairman of XGD, together with members of the Company's senior management team.

Recognized as a National Pilot Enterprise

for Modern Corporate Governance

The "One Enterprise, One Policy" program is a key initiative introduced by the ACFIC to support the implementation of China's modern corporate governance framework. Through customized research and advisory services, the program helps outstanding private enterprises further strengthen their governance capabilities while identifying best practices that can serve as reference models for the broader private sector.

In 2026, 156 pilot enterprises were selected nationwide from executive member companies of federations of industry and commerce at all levels. Only 10 companies in Guangdong Province and two enterprises in Shenzhen were selected, with XGD Inc. earning a place in the program in recognition of its achievements in corporate governance, technological innovation, and global business development.

Showcasing XGD Inc.'s Global Payment Technology Ecosystem

The visit began with a tour of XGD Inc.'s corporate showroom, where the delegation gained a comprehensive overview of the Company's more than two decades of development, integrated business ecosystem, and technological innovations.

Founded in 2001 and listed on the Shenzhen Stock Exchange's ChiNext Market in 2010 (Stock Code: 300130), XGD Inc. has grown into a leading global digital payment technology company. Supported by multiple domestic and international payment licenses, the Company has established a diversified business ecosystem spanning intelligent manufacturing, merchant services, and global payment solutions, providing end-to-end digital payment technologies to customers worldwide.

Today, XGD Inc. operates more than 10 overseas subsidiaries and representative offices, with business operations covering over 100 countries and regions across five continents. Leveraging its in-house R&D and manufacturing capabilities alongside its global business network, the Company has shipped more than 50 million electronic payment terminals worldwide and has consistently ranked among the world's leading payment terminal providers.

Comprehensive Review of Corporate Governance Practices

Following the showroom tour, the delegation held in-depth discussions with XGD Inc.'s management team.

On behalf of the Company, Vice Chairman Jiang Han welcomed the delegation and presented XGD Inc.'s governance framework, strategic management practices, and global development strategy.

Based on the ACFIC's evaluation framework, the delegation conducted a comprehensive assessment covering eight key dimensions of corporate governance, including Party leadership, ownership structure, governance mechanisms, strategic management, internal control and compliance, employee participation, technological innovation, corporate social responsibility, and corporate culture. Through panel discussions, one-on-one interviews, and document reviews, the delegation examined XGD Inc.'s governance practices and explored examples of modern management that could be replicated across the private sector.

Particular attention was given to three areas that distinguish XGD Inc.'s governance model:

In strategic management, XGD Inc. has established a standardized BLM (Business Leadership Model) strategic planning process since 2012, incorporating annual strategy reviews and long-term planning to support sustainable domestic and international growth.

In internal control and compliance, the Company has developed an innovative front-end risk control framework integrated into its payment terminals, enabling real-time detection and interception of high-risk offline transactions. This proactive approach represents a significant advancement over traditional back-end monitoring models and strengthens the Company's compliance capabilities.

In technological innovation, XGD Inc. has maintained continuous investment in research and development since launching China's first large-screen wireless POS terminal. By integrating emerging technologies such as artificial intelligence and biometric authentication into its payment solutions, the Company continues to strengthen its global technological competitiveness.

Supporting Sustainable Growth Through Collaborative Development

The delegation highly recognized XGD Inc.'s achievements as a Shenzhen-grown global payment technology leader. It noted that the Company's mature practices in strategic planning, compliance management, technological innovation, and international operations provide a valuable and replicable reference for private enterprises seeking to establish modern corporate governance systems with Chinese characteristics. These achievements also demonstrate the strong innovation capabilities and international competitiveness of Guangdong's private technology sector.

Drawing on both industry trends and XGD Inc.'s development experience, the expert panel provided practical recommendations on enhancing compliance management, optimizing core asset management, and strengthening corporate social responsibility frameworks, offering valuable guidance for the Company's continued governance improvement.

As an important initiative supporting the high-quality development of China's private economy, the "One Enterprise, One Policy" program represents a collaborative effort between government and enterprises to strengthen modern corporate governance.

Looking ahead, XGD Inc. will build on the insights gained from this research visit by further enhancing its governance framework, deepening innovation in digital payment technology, and steadily advancing its global development strategy. Through continuous improvement in corporate governance and operational excellence, the Company remains committed to creating long-term value for customers, partners, and the broader private economy.