On September 25, the "10th Structured Finance and Securitization Forum" and "10th Asset Securitization · Jiefu Awards" ceremony, hosted by Caishi China and supported by organizations including the Commercial Factoring Professional Committee of China Service Trade Association, was held in Beijing. Recognized for its outstanding performance in asset securitization (ABS) issuance, SY Holdings Group Limited ("SY", stock code: 6069.HK) was invited for the sixth consecutive year. Its fully owned subsidiary, SY Information Technology Service (Shenzhen) Co., Ltd. ("SY Technology"), won the "Outstanding ABS Technology Service Provider" award for its innovative application of information technology in ABS issuance.
The "Asset Securitization · Jiefu Awards," initiated by Caishi China to honour the financial legacy of reformist Wang Anshi, recognize institutions and individuals with exceptional achievements in finance. Since its establishment, the awards have received over 3,000 applications from licensed financial institutions and are regarded as one of the most influential and innovative accolades in the industry. Previously, SY has won multiple honours, including "Outstanding Supply Chain ABS Product Award," "Innovative ABS Product Award," and "Factoring ABS Excellence in Impact Award," reflecting its expertise and market recognition in ABS.
This year’s event, themed "Serving the Real Economy, Strengthening Risk Management," brought together hundreds of experts from banks, securities firms, trusts, asset management companies, leasing firms, law firms, and rating agencies to discuss the current state and future opportunities of the ABS market.
Through years of business practice and technological advancement, SY Technology has pioneered a new, end-to-end ABS service model. Unlike traditional ABS services limited to asset aggregation, SY Technology provides differentiated full-process asset management support—from project preparation, coordination with service providers, and regulatory filing to asset screening, risk control standards, online operations, investor matching, and revolving asset purchases. This demonstrates SY Technology’s strong platform integration capabilities and technological innovation, with the award underscoring industry recognition of its ABS expertise.
SY Technology’s self-developed "SYT Cloud Platform" offers clients one-stop supply chain value-added services. Leveraging big data analytics and AI, the platform provides fully digitalized ABS issuance support, significantly improving efficiency and reducing costs. Notably, the platform has obtained China’s "Level 3 Cybersecurity Classification Protection" certification—the highest national standard for non-banking financial institutions—ensuring robust data security for analytics, customer acquisition, and business innovation.
With years of development in ABS, SY has facilitated over RMB 62 billion in ABS program approvals and RMB 23 billion in issuances as of June 30, 2024. Moving forward, SY will continue enhancing its technological capabilities and ABS services to support the real economy, promote targeted financial inclusion, and empower more SMEs.
