SY Holdings Group Limited ("SY Holdings" or the "Group", stock code: 6069.HK) is a leading supply chain fintech platform. The major institutional shareholders of SY Holdings include Temasek Holdings of Singapore, Be Friends (stock code: 1450.HK), BlackRock, and Vanguard. The Group has been included in the MSCI series indices, Hang Seng Composite Index, FTSE Index, Shenzhen-Hong Kong Stock Connect, and Shanghai-Hong Kong Stock Connect programs. It was recognized in 2023 as one of "CNBC's Top 200 Global Fintech Companies" and in 2024 as a "Forbes China Top 50 Fintech Influential Enterprise," demonstrating international market recognition of its development.
While deepening its presence in national pillar industries such as infrastructure, pharmaceuticals, and commodities, SY Holdings is actively expanding into strategic emerging sectors including e-commerce, overseas expansion. SY Holdings harnesses cutting-edge technologies such as SY Cloud Platform and AI technology to seamlessly integrate with the industrial ecosystem and underlying data infrastructure, leveraging its differentiated, “transaction-focused, entity-light” risk control model. Through efficient and intelligent platform-based services focused on scale, speed, quality, and cost-effectiveness, the Group enables SMEs to secure both orders and supply chain working capital. As of December 31, 2025, it has established strategic partnerships with over 17 large core enterprises and connected with more than 200 funding partners. Through sustained investments in technology and talent over the past decade, SY Holdings has helped over 23,000 SMEs secure over RMB 330 billion in order acquisition and working capital turnover.
In the process of expanding its international business, SY Holdings has established its international headquarters in Singapore as a bridgehead, officially launching its global business expansion and striving to build a new international supply chain technology platform driven by AI. This platform will focus on serving small and medium-sized enterprises (SMEs) in the upstream and downstream of the global supply chain, providing a one-stop solution covering supply chain services, financing, exchange rate management, and digital empowerment. It aims to fulfill the mission and vision of "rebuilding the world's supply chain with Chinese SMEs" and jointly create a new era of resonance with global development. Up to now, SY Holdings has established cooperation with over 30 international financial institutions and has reached strategic partnerships with several leading enterprises in Southeast Asia, such as Carro (the largest online used car trading platform in Southeast Asia) and Shopee (the largest e-commerce platform in Southeast Asia). It will continue to deepen its presence in the Southeast Asian market and accumulate high-quality business resources.
The Group has accumulated R&D investments exceeding RMB 300 million, with technical personnel constituting over 30% of its workforce. It holds 100 national invention patents and software copyrights. Its self-developed "SY Cloud Platform" integrates domestic AI models like DeepSeek, Qwen and Doubao utilizing big data analytics, AI-powered risk control, and intelligent reasoning to achieve precise matching between quality assets and inclusive financing. The platform also provides value-added services including marketing support, intelligent acceptance systems, and inventory management. Its subsidiary Sheng Ye Information Technology Service (Shenzhen) Co., Ltd. has received multiple national and municipal recognitions, including "National High-Tech Enterprise," "Shenzhen Specialized and Sophisticated SME," and "Multinational Corporate Headquarters" certifications from Guangdong Provincial authorities.
Since its establishment in 2013, SY Holdings has achieved continuous profitability for 12 years, with a cumulative net profit of over 2.8 billion yuan, a total foreign investment of over 6 billion yuan, and a cumulative tax payment of over 1 billion yuan. At the same time, in response to policies encouraging listed companies to distribute cash dividends and enhance investor returns, SY Holdings has implemented a high-dividend policy for eight consecutive years, with total cumulative dividends exceeding RMB 2.1 billion, and is committed to maintaining a dividend payout ratio of no less than 90% for the period from 2024 to 2026. Thanks to continuous technological investment, SY Holdings' revenue structure has been continuously optimized, and the proportion of technology revenue has steadily increased. Among them, the proportion of platform technology service revenue has exceeded 50%.
Actively fulfilling corporate social responsibilities, SY Holdings established the SY Charity Foundation focusing on "disadvantaged children care," "rural revitalization," and "youth development programs." Recognized as an AAA-rated social organization, the foundation has allocated over RMB 15 million in charitable expenditures by 2025, benefiting more than 25,000 individuals and providing cardiac surgery for over 240 children with congenital heart disease. The Group's ESG commitments earned it a place in the "2024 Forbes China Fintech ESG Practice TOP10" and an MSCI ESG Rating of "A," leading domestic fintech peers in sustainability performance.
Results-driven and effective decision-making
Aligning through equality
No goal is too big to achieve
Perseverance
Responsibility creates opportunity
Mr. Tung founded SY in 2013 and is responsible for overall strategic planning, business development and operational management of the Company. Mr. Tung became a Director of the Company in December 2016 and was reappointed as the Executive Director and the Chairman of the Board in March 2017. In addition, Mr. Tung was appointed as the Chairman of the Nominations Committee and a member of the Remunerations Committee.
Mr. Tung is Singaporean. He has founded multiple successful start-up businesses, whilst studying at Singapore Management University (SMU) and contributed to the establishment of the P.A.K. Entrepreneurship Fund to proactively ignite the innovation and entrepreneurial spirit amongst students. In 2020, Mr. Tung Chi Fung was one of 25 business school graduates honored by AACSB International of SMU as the Most Influential Leaders of 2020, and serves as a Dean's Fellow of the Lee Kong Chian School of Business(KJCSB).
With China’s continuously improving economy and the strong policy support, Mr. Tung founded SY in 2013 with the aim of promoting the development of small, medium and micro enterprises (SMEs). SY was among the first batch of supply chain financial companies established in the Mainland China and the first commercial factoring company in Mainland China listed on the Main Board of the HKEX.
Mr. Tung actively fulfils corporate social responsibilities and focuses on publicly beneficial activities such as adolescent development, child growth and poverty alleviation in poor areas. He was appointed as an Honorary Director of Raleigh China and the Vice President of the China Charity Federation Handpicked Love Foundation. He is also the Director of Lok Sin Tong and the Manager of Lok Sin Tong Leung Kau Kui College.
In 2012, Mr. Tung studied at University of St. Gallen and Harvard University. Mr. Tung obtained his Bachelor degree in Business Administration with merit from the SMU in May 2013.
Ms. Wang joined the Group in May 2021 and is responsible for the Group’s overall financial accounting and corporate finance reporting. She is also a member of the Risk Management Committee of the group.
Ms. Wang has solid financial management experience in Group companies. Prior to joining the Group, Ms. Wang was responsible for financial reporting and credit management of corporate financing at Ningbo Shanshan Co., Ltd. She also held various positions such as CFO, Board Secretary, and Executive Director at Fuyin Finance Leasing, which is a subsidiary of Ningbo Shanshan Co., Ltd.
Ms. Wang obtained a Bachelor's degree in Management from China University of Geosciences in 2011.
Mr. Lo was previously Sheng Ye Capital’s Chief Financial Officer from January 2016 to December 2021, and was responsible for the Company’s overall financial accounting and corporate finance reporting.
Mr. Lo has extensive experience in financial management. Prior to joining the Company, Mr. Lo worked for various international accounting firms between 1985 to 1995. From 1998 to 2002, he was a Director of an investment company within the China Resources Group, responsible for private investments portfolio management.
Following this, Mr. Lo held the position of Chief Financial Officer and Financial Controller for various group companies. Mr. Lo succeeded in assisting a property company in raising RMB1.2 billion from the largest real estate developer in Singapore, participating in conditions negotiation, organizational restructuring, due diligence andpreparation of transaction documents, etc. That project has developed into one of the landmarks for Nanshan District, Shenzhen, China.
Mr. Lo became an associate member of Institute of Chartered Accountants in Australia in 1991 and become a member and a fellow member of Hong Kong Institute of Certified Public Accountants in 1992 and 1999, respectively. He obtained his Bachelor of Business Administration degree in 1985 from James Cook University in North Queensland, Australia.
Mr. Terence Tang is a seasoned professional with over 20 years of experience in financial audit, data governance, operations improvement, and information system implementation. He joined Deloitte China in July 1998, was admitted to the partnership in 2008 and subsequently retired as a partner in October 2018. He has led and served numerous advisory and attest projects for global conglomerates in the financial services, technology and consumer business sectors in China.
Mr. Tang obtained an Honor Bachelor degree graduate from the University of Waterloo, Canada and a Master degree in Accounting from Curtin University of Technology, Australia. He is also a member of the Hong Kong Society of Accountants (HKICPA) and CPA Australia. He is also a Certified Information System Auditor (CISA), Certified Information System Manager (CISM) and Certified Internal Auditor (CIA). He also served as a Director of Information Systems Audit and Control Association (ISACA), China Hong Kong Chapter from 2008 to 2018.
Ms. Chan Yuk Ying Phyllis, was appointed as the Independent Non-executive Director in July 2022.
Ms. Chan has over 35 years of experience in financial audit, regulatory bodies, financial advisory, business development and investor relations. Ms. Chan worked as auditor between March 1986 to January 1991 in Hong Kong and Australia. She worked in the Corporate Regulation Division of Australian Securities Commission between January 1991 to March 1992, and subsequently worked in the Listing Division of The Stock Exchange of Hong Kong Limited between April 1992 to May 1996. After working five years in regulatory bodies, she worked for 10 years in corporate finance in investment banks between May 1996 to April 2006 responsible for financial advisory and initial public offerings. She was responsible for business development and investor relations from May 2006 to February 2022 in a company listed on the Main Board of the Stock Exchange.
Ms. Chan obtained Degree of Bachelor of Economics with Honors from La Trobe University in Australia. Ms. Chan is a member of the Chartered Accountants Australian and New Zealand.
Mr. Yuan joined the Group in April 2020 and is responsible for corporate strategic planning, strategic investments, investor relations and branding activities.
Mr. Yuan has extensive capital market and managerial experience. Prior to joining the Group, he was Executive Director of Olympus Capital Asia, which is a Pan-Asia Private Equity firm with AUM over USD2 billion. Mr. Yuan was leading the firm’s investment activities in China and Southeast Asia, with a focus on fin-tech, logistics, e-commerce and corporate services. He had led several stellar investments cross the region, including SY, Scommerce which is the largest private logistics platform in Vietnam, and Bukalapak which is a leading e-commerce player in Indonesia.
Before that, he was a partner at an investment advisory firm, focusing on special situations investments and state-owned assets privatization in China. Mr. Yuan is also a Chartered Accountant in Singapore, and holds a BBA Hons (Accountancy) from National University of Singapore.
Mr. Wang joined the Group in November 2018 and is responsible for company secretarial matters.
He has extensive experience in legal, regulatory and compliance roles. Prior to joining the Company, Mr. Wang worked as a lawyer for a famous law firm in Shanghai and then worked as Head of Legal Department and Company Secretary for a large state-owned enterprise in Jiangsu Province. During that time, Mr. Wang participated in projects such as the direct investment in China by multinational companies and investment funds, legal support for mergers and acquisitions, the overseas listing of domestic companies, as well as led a Hong Kong listing project for a domestic company. He also provided legal services for various construction engineering and real estate companies.
Mr. Wang obtained his Bachelor of Laws degree in International Law and Legal Studies from Shanghai University of Political Science and Law, and the National Legal Professional Qualification in the People’s Republic of China in 2012. He obtained his Master of Laws degree in International Economic Law from the School of Oriental and African Studies, University of London in 2013 and his Master of Corporate Governance degree from the Open University of Hong Kong in 2018. Mr. Wang has been an associate of the Institute of Chartered Secretaries and Administrators and the Hong Kong Institute of Chartered Secretaries since 2018.
