Shanghai Remittance Payment Co., Ltd. is the third-party payment service provider of Snowball Fund, providing payment and settlement services for Snowball Fund. As a third-party payment institution, Shanghai Remittance Tianxia Co., Ltd. mainly provides payment and settlement services. Snowball Fund is a fund company focusing on investing in stocks, bonds and other securities. In order to facilitate investors' capital transactions, Snowball Fund needs to cooperate with Shanghai Remittance World, and through the payment and settlement services provided by the latter, it can realize the operations of recharging, subscription and redemption of investors' funds.