SY Information Technology Services (Shenzhen) Co., Ltd. ("Sheng Ye Tech"), a subsidiary of SY Holdings Group Limited ("SY Holdings" or the "Group"; Stock Code: 6069.HK), has entered into a strategic cooperation agreement with Shenzhen Lingchao Supply Chain Management Co., Ltd. ("Lingchao"), a fully -owned subsidiary of China Overseas Land & Investment Limited (Stock Code: 0688.HK). The partnership will drive innovation in building materials supply chain ecosystems, digital finance solutions, and data sharing platforms.
Data-Powered Financing Cuts Processing Time by 90%
The collaboration will integrate SY Tech's proprietary SYT Cloud Platform with Lingchao's supply chain system through API connectivity, leveraging big data analytics, AI technology, and intelligent risk control systems to deliver customized digital financing solutions for Lingchao's upstream suppliers. Lingchao's B2B platform—positioned to become China's largest third-party building materials supply chain service—will utilize these financial tools to address suppliers' working capital challenges and accelerate industry digitalization.
Traditional supply chain finance models often suffer from information asymmetry between banks and enterprises, resulting in lengthy approval cycles, cumbersome paperwork, limited credit lines, and mandatory core enterprise confirmation—all ill-suited for SMEs' urgent, short-term financing needs. Lingchao's four decades of supply chain management expertise under China Overseas has generated vast transactional data, while its self-operated platform (similar to JD.com's model) enables end-to-end digital tracking from contracts to payments.
Through this partnership, SY Tech transforms Lingchao's shared supply chain data into actionable credit profiles, creating precise "enterprise and transaction portraits" to overcome financing barriers. The SYT Cloud Platform incorporates cutting-edge features like instant invoice verification, facial recognition, CFCA e-signatures, direct Credit Reference Center access, IoT delivery confirmation, and big data monitoring—reducing application time by 90% while increasing loan amounts and lowering costs without core enterprise guarantees.
Ecosystem Synergies Enhance Risk Management
As Lingchao's inaugural digital finance partner, SY Tech gains access to verified supplier ratings, historical transactions, and real-time data to validate trade authenticity and refine its customer acquisition and risk assessment models. This data-driven闭环 (closed-loop) ecosystem connects core enterprises, suppliers, and fintech platforms to stabilize supply chains.
For Lingchao, the solution eliminates traditional credit allocation constraints and receivables pressures while strengthening supplier relationships. SMEs gain early-stage financing options (e.g., purchase order financing) to alleviate cash flow strains and expand operations.
Tapping a RMB 100 billion Market Opportunity
China's building materials procurement market exceeds RMB 5 trillion annually. Through Lingchao's network—covering 14 sectors including residential, elderly care, and education—SY Tech can access nearly 400 premium suppliers (e.g., Marco Polo Tiles, Fotile, Oppein) and 100 partners like China State Construction and CRRC, unlocking a potential RMB 10 billion supply chain finance market.
This alliance reinforces SY's strategy to digitize traditional industries through embedded finance, with both parties committed to long-term, scalable innovations in supply chain ecosystems.
