April 26, 2024 – SY Holdings Group Limited (“SY Holdings” or the “Group”; Stock Code: 6069.HK) has released its 2023 Environmental, Social, and Governance (ESG) Report, showcasing its continued alignment with the United Nations Sustainable Development Goals (SDGs) and China’s national financial reform and sustainability strategies. The report outlines the Group’s concrete progress in fostering inclusive finance, advancing carbon neutrality, empowering employees, and strengthening governance frameworks.
In support of the Central Financial Work Conference’s directives, SY Holdings deepened its role in inclusive finance by expanding digital supply chain financing across strategic sectors such as infrastructure, healthcare, and energy. Central to this effort is the Group’s proprietary SYT Cloud Platform, which was named to CNBC’s “Top 200 Global Fintech Companies 2023.” The platform has facilitated the processing of RMB 190 billion in supply chain assets, serving over 15,000 clients, of which 97% are SMEs. The average loan size for these businesses stood at RMB 1.97 million, underlining SY’s impact on stabilizing supply chains.
The platform connects 131 financial institutions and utilizes IoT, big data, and AI to build digital transaction profiles and perform credit assessments, offering personalised financing to underserved segments. In 2023, the Group also conducted 15 customer service training sessions for 360 participants, achieving a 100% complaint resolution rate and a 98% customer satisfaction score. SY Holdings continued to invest heavily in innovation, with RMB 200 million allocated to R&D and a total of 62 national patents and software copyrights secured by year-end.
In alignment with China’s "dual carbon" goals, SY Holdings integrated green development into its corporate strategy. The Group aims to release a carbon neutrality roadmap by 2030 and achieve net-zero emissions by 2060. The fully digital, paperless processing capabilities of the SYT Cloud Platform have already reduced processing times by 90% and saved 46.21 million sheets of paper—equivalent to 358 tons of CO₂ emissions.
The Group further demonstrated its environmental commitment through the allocation of RMB 530 million from a dual-tranche ESG-linked syndicated loan to finance sustainable projects. Its upcoming East China headquarters—backed by USD 90 million in foreign investment—is being developed to meet international green building standards and will serve as a hub for eco-innovation.
A people-centric philosophy remains at the core of SY Holdings’ operations. In 2023, the Group organised 168 employee training sessions, with each employee receiving an average of 62 hours of development. Its efforts earned it honours such as the "2023 Guangdong Outstanding Employer" and the "Organizational Development Innovation Award" at the 5th HR Sirius Awards.
Through the SY Foundation, the Group supported a range of social causes including child welfare, rural revitalisation, and youth development. Since 2014, SY Holdings has donated RMB 13 million, benefiting over 8,400 individuals and funding 141 life-saving heart surgeries for children with congenital heart disease.
SY Holdings reinforced its corporate governance by joining the “Sunshine Integrity Alliance”, affirming its zero-tolerance stance on corruption. Its three-tier ESG governance framework—comprising Board-level oversight, an ESG task force, and departmental-level execution—ensures comprehensive accountability, compliance, and transparency. These efforts have been widely recognised. In 2023, the Group received an MSCI ESG Rating of “A”, placed in the top 26% of S&P Global ESG scores among peers in the financial industry, and was included in the prestigious Bloomberg Green ESG 50 List.
SY Holdings stated it will continue bridging global ESG best practices with China’s evolving financial landscape. The Group remains focused on inclusive, green, and technology-driven development to empower SMEs and contribute to sustainable economic growth.
A people-centric philosophy remains at the core of SY Holdings’ operations. In 2023, the Group organised 168 employee training sessions, with each employee receiving an average of 62 hours of development. Its efforts earned it honours such as the "2023 Guangdong Outstanding Employer" and the "Organizational Development Innovation Award" at the 5th HR Sirius Awards.
Through the SY Foundation, the Group supported a range of social causes including child welfare, rural revitalisation, and youth development. Since 2014, SY Holdings has donated RMB 13 million, benefiting over 8,400 individuals and funding 141 life-saving heart surgeries for children with congenital heart disease.
SY Holdings reinforced its corporate governance by joining the “Sunshine Integrity Alliance”, affirming its zero-tolerance stance on corruption. Its three-tier ESG governance framework—comprising Board-level oversight, an ESG task force, and departmental-level execution—ensures comprehensive accountability, compliance, and transparency. These efforts have been widely recognised. In 2023, the Group received an MSCI ESG Rating of “A”, placed in the top 26% of S&P Global ESG scores among peers in the financial industry, and was included in the prestigious Bloomberg Green ESG 50 List.
SY Holdings stated it will continue bridging global ESG best practices with China’s evolving financial landscape. The Group remains focused on inclusive, green, and technology-driven development to empower SMEs and contribute to sustainable economic growth.
