On October 14th, according to the latest equity disclosure information from the Hong Kong Stock Exchange, SY Holdings Group Limited (referred to as "SY," stock code: 6069.HK) saw its controlling shareholder increase their shareholding on October 10th through the open market with their own funds, buying an average price of approximately HKD 5.97 per share. The shareholder increased their holdings by 835,000 shares, with the total value of the share increase amounting to HKD 4.99 million, thereby effectively protecting the interests of shareholders and strengthening investor confidence. Since its listing, the company's controlling shareholders, as well as its directors and management team, have cumulatively increased their shareholding in the company by an amount exceeding HKD 40 million.
Since its establishment, SY Holdings has adhered to its corporate mission of "making supply chains more efficient and finance more inclusive," integrating technology with industrial supply chains to help over 16,000 small and medium-sized enterprises secure more than 210 billion yuan in inclusive financial services. Among these, 30% are "first-time borrowers" who could not obtain financing from traditional financial institutions. SY Holdings has been recognized on CNBC's "Top 200 Global Fintech Companies" and "Forbes China's Top 50 Fintech Influencers." Currently, SY Holdings serves pillar industries such as infrastructure engineering, pharmaceuticals and healthcare, and bulk commodities. It is also actively deploying in strategic emerging industries like cross-border e-commerce, new energy, and semiconductors. The potential market size for supply chain inclusive finance demands exceeds ten trillion yuan, presenting a vast space for growth.
Recently, SY Holdings announced that the dividend payout ratio for the next three years (2024-2026) will be maintained at no less than 90%. This is to enhance the stability, continuity, and predictability of dividends, thereby increasing the company's long-term investment value and sharing the fruits of development with investors. Since its listing, SY Holdings has implemented dividend payouts for six consecutive years, with a total dividend payout of 492 million yuan. Currently, SY Holdings has completed the dividend payout for the fiscal year of 2023, distributing a dividend of HKD 0.269 per ordinary share, with a total dividend payout of approximately HKD 266 million, at a payout ratio of about 90%. Based on the closing price on the day of the dividend announcement at the beginning of the year, the dividend yield is about 6.48%, which exceeds the market average.
SY Holdings stated that it has maintained profitability for ten consecutive years with steady growth. Its business scale in relevant fields ranks first in the nation, with a net profit margin consistently above 30%. Institutions such as CICC, Tianfeng Securities, and SDIC Securities have given it "Buy" or "Outperform" ratings. In the mid-term of 2024, the platform's technology service revenue increased by 83% year-on-year to 154 million yuan, with its revenue share rising from 17% to 35%. It is expected to reach 50% by 2025, becoming the core driver of the company's performance growth. The current stock price does not accurately reflect the company's continuously improving operational fundamentals and market value. The company has previously launched an incentive plan to deeply align the interests of employees with those of the company. This recent share increase further demonstrates the controlling shareholder's firm confidence in the company's future development prospects and high recognition of the company's long-term investment value.
