HKBN, Alipay and OpenRice Team Up to Provide One-stop Business Solutions for F&B Sector Customers

HONG KONG,March 14,2019 -- HKBN Enterprise Solutions Limited ("HKBN Enterprise Solutions"),Alipay,the world's leading payment and lifestyle platform operated by Ant Financial Services Group and OpenRice,Hong Kong's most popular dining guide,announced today that they have teamed up to provide one-stop bundles tailored to boost the competitiveness of F&B sector customers. Combining key services and perks that are practically essential for success in today's F&B industry,the one-stop solutions offer business broadband and voice communication services with the ubiquitous popularity of the Alipay payment service and access to leverage the OpenRice promotion platform. From now until 31 August2019,F&B sector customers who subscribe to 24-month HKBN Enterprise Solutions business broadband and voice communications servicecan enjoy a 6-month service fee waiver,usage of the Alipay payment system,as well as HK$3,000 worth of OpenRice points,which can be spent to generate increased traffic and reservations via the OpenRice platform.

HKBN Enterprise Solutions' cooperation with Alipayenables F&B businesses to provide their patrons with an additional payment option that is fast,easy and super convenient. Using just a smartphone or tablet,businesses can receive payments instantaneously,as well as check details of each transaction online at any time through the Alipay system. To help F&B businesses attract more patrons,the bundled OpenRice points can be used via the OpenRice platform to pay for advertising or reservation service fees. HKBN Enterprise Solutions also welcomes any business customers to enquire about HKBN Enterprise Solutions services and Alipay service offers. For details,please contact HKBN Enterprise Solutions at 128 1111 or visit https://www.hkbnes.net/form/enquiry_en.jsp?servid=epay.

BillyYeung,HKBN Co-Owner and Chief Operation Officer-- Enterprise Solutions said,''We're extremely excited about the growing trend of instant mobile payments. Through our cooperation with Alipay and OpenRice,HKBN Enterprise Solutionsaims to provide customers with the range of tools they need to stay competitive. We will continue to tailor our services and inject innovation into our existing services so that businesses are equipped for incoming challenges and opportunities.''

Venetia Lee,Head of Alipay Hong Kong,Macau,and Taiwan said,''Alipay strives to work with partners to develop convenient solutions for merchantsandhelp them to better understand their customers while generating more revenue. This cooperation is our new attempt and we hope that merchants can benefit from it.''

Joe Yau,CEO of OpenRice said,''Dining service in Hong Kong has been growing more and more online,from cloud POS,online booking,scan-to-order,takeaway service to mobilepayment,etc. High quality and stable broadband connections are indispensable to restaurants. We are now working closely with HKBN Enterprise Solutions and Alipay to bring exceptional service and value to the dining industry.''

[1] F&B sector customers who subscribe to 24-month HKBN Enterprise Solutions business broadband and voice communications service,can enjoy a 6-month service fee waiver for the service,subject to the relevant terms and conditions.

[2] OpenRice points can be used via the OpenRice platform to pay for advertising or reservation service fees. Subject to the relevant terms and conditions.

About HKBN Enterprise Solutions Limited

HKBN Enterprise Solutions Limited is a subsidiary of HKBN Group ("HKBN" or "The Group"). HKBN is Hong Kong's second largest provider of residential high-speed fibre broadband service and a fast growing enterprise solutions provider. The Group offers a wide range of telecommunications solutions for both the residential and enterprise markets,includingbroadband and managed Wi-Fi services,voice communication,mobile services,OTT entertainment,data centre services,integrated cloud services,data connectivity and system integration. HKBN owns an extensive fibre network in Hong Kong,which covers over 2.3 million residential homes passed and 2,400 commercial buildings. HKBN embraces "Make our Hong Kong a Better Place to Live" as its Core Purpose,and takes great pride in developing its Talents into a competitive advantage. The Group is managed by Co-Owners (supervisory-and-above-level Talents in the Group) who have invested their own savings to buy the shares of HKBN Ltd (SEHK Stock Code: 1310). HKBN Group is part of HKBN Ltd.

About Alipay

Operated by Ant Financial Services Group,Alipay is the world's leading payment and lifestyle platform. Launched in 2004,Alipay currently serves over 1 billion users with its local e-wallets partners. Over the years,Alipay has evolved from a digital wallet to a lifestyle enabler. Users can hail a taxi,book a hotel,buy movie tickets,pay utility bills,make appointments with doctorsor purchase wealth management products directly from within the app. In addition to online payments,Alipay is expanding to in-store offline payments both inside and outside of China. Alipay's in-store payment service covers over 50 markets across the world,and tax reimbursement via Alipay is supported in 35 markets. Alipay works with over 250 overseas financial institutions and payment solution providers to enable cross-border payments for Chinese travelling overseas and overseas customers who purchase products from Chinese e-commerce sites. Alipay currently supports 27 currencies. In May 2017,Alipay launched AlipayHK,a local currency e-wallet for users in Hong Kong. In September 2017,Ant Financial established a strategic partnership with CK Hutchison to develop AlipayHK's local presence.

About OpenRice

OpenRice is the most popular dining media in Hong Kong.From restaurant search,queuing,takeaway,dining vouchers to spot payment,OpenRice truly integrates online and offline dining experiences and provides a one-stop dining platform with multi-functions to users!At present,OpenRice has more than 6 million users per month with 380 millions' page views.OpenRice operates in Hong Kong,Mainland China,Taiwan,Japan,Thailand,Singapore and Malaysia with over 2 million restaurant information.For the convenience of local users and overseas tourists,OpenRice's interface supports six languages.In the recent years,OpenRice has been actively through the use of information technology and collaboration with strategic partners to intensify the effectiveness of promotional campaign for restaurants,enhancing operational efficiency,reducing operating costs and enhancing the service level of the industry.

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