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RNS Number : 1562K Intuitive Investments Group plc 04 December 2025
4 December 2025
Intuitive Investments Group plc
("IIG" or the "Company")
Hui10 Signs Strategic Cooperation Deal with Yinsheng Payment
- Deal enables Hui10 to scale operations without prefunding limits
- Facilitates accelerated growth of Hui10's platform
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. Furthermore it will also facilitate smooth integration of
Hui10's services including Lottery HongBao, Lucky Beans loyalty exchange, and
UGO Lotto scratch cards into a compliant, secure, and scalable platform while
strengthening the role of Hui10's digital payment solution and transaction
engine within the Lucky World environment.
YSEPay brings over a decade of industry experience in clearing, settlement,
account systems and risk management, serving millions of retail and enterprise
users across China. This financial support adds meaningful depth to Hui10's
capabilities, further enhancing reach, resilience, and regulatory alignment
across the value chain.
Giles Willits, Chief Executive Officer of IIG plc, commented: "This agreement
marks a major step forward for Hui10 and its long-term growth. By securing
funds to comply with and meet the prefunding demand, Hui10 can now scale at
speed. Yinsheng Payment's support helps to accelerate the rollout of Hui10s'
payments engine and lottery services, deepening its central role in the
modernisation of China's lottery."
Enquiries:
Intuitive Investments Group plc www.iigplc.com (http://www.iigplc.com/)
Sir Nigel Rudd, Non-Executive Chairman Via FTI Consulting
Giles Willits, CEO
Zeus +44 (0)20 3829 5000
Graeme Summers / Dominic King
FTI Consulting +44 (0)20 3727 1000
Jamie Ricketts / Valerija Cymbal / Jemima Gurney IIG@fticonsulting.com
About Intuitive Investments Group plc
IIG is an investment company focused on fast growing, high potential
Technology and Life Sciences businesses operating predominantly in the UK,
continental Europe, the US and APAC, utilising the Board's experience to seek
to generate significant capital growth over the long term for shareholders.
About Hui10
Hui10 is a technology company involved in the digital transformation of the
Chinese lottery. Its platform unlocks the market expansion of the Chinese
lottery through increasing the number of people playing lottery from the
current 10% participation level to target more than 30%. Hui10's platform is
integrated into China's national interbank card settlement system and payment
platform, UnionPay. Lucky World is an omnichannel commerce platform, partnered
with major brands such as TEAM CHINA - China Olympic Committee, Poly, CP
Foods, China State Farms, Toupai Shede and Diageo, which provides China's
existing 200,000 lottery only shops access to a wider fastmoving consumer
goods product offering through its growing number of commercial partnerships
with leading Chinese suppliers. Lucky World provides a solution for brands to
tackle the global counterfeit crisis using its integrated Lottery HongBao
digital solution with incentives, helping to build brand loyalty and trust.
About Yinsheng Payment
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. The company is advancing
digital RMB and fintech innovation, using technology to simplify and empower
business operations.
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