Sheng Ye Capital Limited (HKEx: 6069) announced that it has won the “2021 Fintech Influence Brand” Award (the “Award”) for its strong technology innovation capabilities at the 10th annual China Finance Summit (the "Summit") hosted by 2021 Global Sustainable Business Conference held in Shanghai from July 28 to July 29, 2021. It was the fourth consecutive year that SY Capital has been invited to the Summit. Last year, the Company won the “2020 Best Investment Value” Award.
At its tenth anniversary, the Summit gathered together visionary business leaders, renowned economic experts and young entrepreneurs from China and abroad to tell their China stories, share thoughts on emerging opportunities and discuss strategies for recovery and growth.
This year, Mr. Lei Zhang, Chief Human Resources Officer of SY Capital attended the award ceremony as a representative, delivered a speech and was interviewed by the media. SY Capital has been recognized at the Summit for three consecutive years, honoring with the “2018 Finance Innovation” Award, “2019 Fintech Influence Brand” Award and “2020 Best Investment Value” Award.
Established in 2012, the China Finance Summit is a prominent event for financial and business leaders and extensively covered by top financial media and news platforms. Delegates take part in keynote speeches, roundtable discussions and in-depth interviews, to share their business wisdom and explore drivers for China’s economic transformation and development. The Summit is one of the most influential platforms in China for business practitioners to exchange ideas.
This year marks the tenth anniversary of the China Finance Summit, which attracted more than 1,200 participants from the business, political, academic and media communities across China. Over 200 industry leaders shared their innovative views and expressed confidence in China’s booming economy. The Summit also hosted a “Ten Year Awards Ceremony” to pay tribute to role model enterprises and individuals who have made major contributions to economic growth and social development. This year’s Summit also marked the inception of the Sustainable Business Conference, which gathered global business heavy-weights for the first time, to open up a new era of sustainable development.
At the Summit, Mr. Lei Zhang noted, “With increasing upstream and downstream R&D efforts on supply chains and continuous investment in industrial technologies, we have further penetrated the supply chain ecosystem in the infrastructure and medical sectors. This has brought us a broadening client base while enabling us to deliver more flexible and user-friendly smart supply chain management solutions and financial services to our customers and in turn empower industry development. We believe that human capital is our core asset in realizing this goal and have built up an effective mechanism to recruit, develop, motivate and retain talent, so that they stay with us and enjoy personal growth within the Company.”
Mr. Lei Zhang delivering a keynote speech at the Summit
In the interview, Mr. Zhang mentioned that SY Factoring Limited, a subsidiary of SY Capital, was one of the 26 companies approved in Tianjin this June to set up a new national post-doctoral scientific research branch center. Mr. Zhang noted that SY Capital has been actively responding to the favorable talent policies in Tianjin Dongjiang Free Trade Port Zone, to recruit and develop post-doctoral researchers with high potential, qualifications and willingness to carry out technology research projects. In the next three years, the post-doctoral center will focus its R&D efforts in three directions: industrial technologies, supply chain fintech platform and supply chain financial risk control models. SY Capital believes this will provide far-reaching impetus to the Company’s future growth.
Mr. Lei Zhang at an interview
As a leading supply chain fintech platform, Sheng Ye Information Technology Service (Shenzhen) Co., Limited (“SYIT”), a subsidiary of SY Capital, has connected with more than 10 core enterprises, has a total cumulative asset under management of over RMB100 billion in terms of account receivables and collaborated with over 50 funding partners. SYIT focuses on R&D in intelligent industrial technologies and the operations of its digital fintech platform. SYIT offers an extensive lineup of smart construction site solutions, hospital supply processing and distribution (“SPD”) and Software-as-a-Service (“SaaS”) services and is able to connect to the transaction data systems of partnering core enterprises. In addition, SYIT also features 100% online loan approval and automated data processing. So far, SYIT has provided flexible supply chain financing services for more than 8,000 small and micro enterprises (“SME”).
The 2021 Fintech Influence Brand Award confirms the industry’s recognition of SY Capital for its technology leadership. It is worth mentioning that, under its “Dual-Engine, One-Platform” strategy unveiled earlier this year, SY Capital has doubled down on its R&D efforts and marketing initiatives in IoT technology and SaaS solutions, in a bid to further strengthen its leading position in the supply chain digitalization domain. In addition, the Company is also actively offering innovative digital services, catering to the needs of customers with one-stop smart supply chain management and financing solutions. Going forward, SY Capital will continue to focus on the areas of industrial SaaS, digital technology, IoT and supply chain platforms, increase technology R&D investment and enhance its technology service capability. The Company is committed to provide effective, one-stop solutions to address the funding demands of SMEs and fulfill its mission of “making supply chain finance more efficient and inclusive.”
