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SY Technology has obtained a new national invention patent certificate, and its scientific and technological innovation ability has been recognized again

2024-03-15
SY Information Technology Services (Shenzhen) Co., Ltd. ("SY Technology"), a fully-owned subsidiary of SY Holdings Group Limited ("SY Holdings" or the "Group"; Stock Code: 6069.HK), has been granted two national invention patents by the China National Intellectual Property Administration (CNIPA): "Data Processing Method, Device, Computer Equipment, and Storage Medium" and "Business Process Mutual Exclusion Control Method and System Based on Decision Engine." These achievements underscore SY Technology's commitment to technological advancement and excellence in research and development.

 

 

The first patent introduces an innovative "traffic replay" solution to address challenges in regression testing, where complex business logic, high automation maintenance costs, and cumbersome test data construction often hinder development efficiency. Traditionally, testing new system requirements involves extensive regression testing to prevent unintended impacts on existing functions—a process that is time-consuming, costly, and difficult to scale. This patented technology enables full regression testing within hours by replaying vast volumes of real business operations at low cost, ensuring seamless system updates and uninterrupted high-quality service for clients.

 

The second patent tackles inefficiencies in supply chain financial workflows, particularly in account systems where lengthy approval cycles and complex mutual exclusion rules between processes create operational bottlenecks. By developing a configurable decision engine, this invention allows business personnel to dynamically update rule strategies via a visual topology interface—eliminating the need for code modifications. This breakthrough reduces barriers for non-technical staff to adjust business logic, accelerates adaptation to frequent rule changes, and enhances scalability for future system expansions.

 

SY Holdings has consistently prioritized innovation as a core driver of growth, reflected in its three national patents secured in 2024 alone and an expanding IP portfolio spanning data processing, security, and supply chain risk management, including "Intelligent Verification Method Based on Registration Data" and "Supply Chain Financial Risk Assessment Processing Method." The Group has invested RMB 200 million cumulatively in R&D as of 31 December 2023, with 26% of its workforce dedicated to R&D. These efforts earned SY Holdings recognition in CNBC's "Top 200 Global Fintech Companies 2023."

 

Through its self-developed technology platform, Sheng Ye has consistently enhanced the efficiency of supply chain finance operations and optimized end-to-end digital service experiences for customers, providing efficient and convenient inclusive financial services for SMEs. As of June 30, 2023, the company's cumulative R&D investment reached RMB 170 million, with R&D personnel accounting for nearly 50% of its workforce.The commitment to technological innovation and digital transformation has yielded significant results: In 2022, technology-related revenue exceeded RMB 100 million, representing a year-on-year growth of 106%, effectively strengthening the company's profitability. As of June 30, 2023, technology-related revenue surpassed RMB 84.06 million, marking a substantial year-on-year increase of 184%.

 

Finally, SY Holdings continues to closely integrate technological breakthroughs with practical business needs, particularly in enhancing financial access for small and medium-sized enterprises (SMEs). Its proprietary platforms have delivered measurable improvements in transaction processing speed, customized financing solutions, and intelligent risk control capabilities. With a strong pipeline of applied technologies and a clear innovation roadmap, SY Holdings remains committed to driving digital transformation in supply chain finance while supporting sustainable economic growth.