At "Shenzhen Multinational Headquarters Enterprise Award Ceremony & Foreign Investment Roundtable" hosted by the Shenzhen Commerce Bureau, SY Information Technology Services (Shenzhen) Co., Ltd. ("SY Technology"), the fully owned subsidiary of SY Holdings Group Limited ("SY Holdings"; Stock Code: 6069.HK), was officially accredited as a "Shenzhen Multinational Headquarters Enterprise." Senior executives from SY Holdings attended the ceremony to receive this distinguished recognition.
This recognition follows Shenzhen's 2021 policy initiative that offers RMB 3-6 million in incentives per qualified multinational headquarters enterprise, with detailed implementation guidelines issued in August 2022. The program has so far recognized 105 multinational corporations across six batches, including industry leaders such as Walmart China, KYW Medical, Smoore, CR Micro, and PwC. "This recognition not only demonstrates Shenzhen's exceptional business environment but also validates our technological leadership and global capabilities," commented a SY Holdings spokesperson. "As China's pioneering reform and opening-up zone, Shenzhen provides an internationalized, rules-based ecosystem that significantly enhances our competitive edge in global markets."
SY Holdings has consistently pursued its corporate mission to "Make Supply Chains More Efficient and Finance More Inclusive" through its innovative transaction-focused business model. The company specialises in helping small and medium enterprises establish digital credit profiles while serving critical sectors including infrastructure, healthcare, and energy through its expanding global operations. As of December 31, 2023, SY Holdings has achieved remarkable milestones including cumulative tax contributions exceeding RMB 820 million, processed supply chain assets surpassing RMB 190 billion, and a client base of over 15,000 corporate customers - with SMEs representing an impressive 97% of total clients. SY Technology, as the Group's technology flagship, holds both the "National High-Tech Enterprise" certification and inclusion in Shenzhen's prestigious "Specialised and Innovative" SME list, driving the company's advancements in industrial internet and digital finance research and development.
In a significant strategic move, SY Holdings recently committed SGD 500 million (approximately RMB 2.7 billion) through a landmark health technology partnership with Chongqing Pharmaceutical as part of the Chongqing-Chengdu economic corridor initiative. This collaboration focuses on two key areas: pharmaceutical supply chain financing solutions and comprehensive healthcare ecosystem upgrades. "This multinational headquarters accreditation serves as both an honour and a catalyst for our future growth," stated SY Holdings. "We will leverage this recognition to accelerate our industrial digital transformation initiatives while continuing to fulfil our corporate social responsibilities and contribute to the development of the industries we serve."
