According to reports from Ant Group, the total number of global patent applications for its Alipay (Hangzhou) Information Technology Co., LTD has reached nearly 8,000. In addition, high-tech enterprises identified management network shows that Alipay (Hangzhou), Ant chain, Ant Zhian security technology and other Ant Group under a number of subjects have been identified as national high-tech enterprises.

It is understood that Ant Group has a total of two companies called "Alipay". Founded in 2004, "Alipay (China) Network Technology Co., LTD." is the licensee of Alipay payment license, registered in Shanghai. The other "Alipay (Hangzhou) Information Technology Co., LTD." is the operating body of Alipay App. It is responsible for providing products and service interfaces for digital service providers and facilitating digital operation of business institutions. Its registration place is Hangzhou. At present, there are more than 3 million small programs for merchants and organizations on Alipay App, providing consumers with more than 1,000 life services such as scanning code ordering, living payment, booking tickets, and live shopping.

At present, the total number of global patent applications of Alipay (Hangzhou) Information Technology Co., LTD has reached nearly 8,000. According to the high and new technology enterprise identification management network, Ant Group has a number of subjects with national high and new technology enterprise qualification. Among them, "Ant Chain" and "Ant Zhi 'an Security Technology" are registered in Shanghai, and "Ant Financial (Hangzhou) Network Technology Co., LTD." and "Alipay (Hangzhou)" are registered in Hangzhou.

As a global leader in mobile payment technology, Alipay is also the pioneer of innovative payment forms such as quick payment, code scanning payment and face scanning payment. Public information shows that as early as 2017, Alipay won the second prize of the National Science and Technology Progress Award for its self-developed "Key technologies for risk prevention and control of online transaction Payment System and their application", which is the only Internet company to win the award. Under the escort of intelligent risk control technology, Alipay's capital loss rate in 2021 was less than 0.98 per billion, far ahead of PayPal and other international peers.

In recent years, under the guidance of national policy support, Ant Group has continued to increase its R&D investment, with R&D expenses exceeding 18.8 billion yuan in 2021, ranking sixth in the "2022 private enterprise R&D investment" list of All-China Federation of Industry and Commerce. In addition to continuing to work on payment technology, Ant Group is constantly increasing its investment in privacy computing, blockchain, graph computing, distributed database, green computing and other root technologies to solve the problems of security and trustworthiness, collaborative consensus, large-scale complex data association analysis and so on in the development of digitalization.

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