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SY won the “Outstanding Digital Technology Enterprise of the Year” award, injecting new digital momentum into inclusive finance

2024-12-09
On December 6, the 9th Guru Gang Global Investment Carnival was held in Shenzhen. During the "Golden Guru Awards" ceremony, SY Holdings Group Limited ("SY", Stock Code: 6069.HK) was recognized as the "Outstanding Digital Technology Enterprise of the Year" for its remarkable achievements in advancing digital technology innovation and development.

 

 

The "Outstanding Digital Technology Enterprise of the Year" award honours companies that empower industries of all sizes by providing innovative digital tools and solutions amid the rapid rise of the digital economy. The selection process evaluates enterprises across multiple dimensions, including competitive potential, technological R&D, product innovation, and investment value, combining quantitative data analysis with expert panel reviews to determine the final winners.

 

As a leading supply chain technology platform, SY remains committed to inclusive finance and digital finance, aligning with the policy direction of the "Five Key Areas of Finance" outlined in China's Central Financial Work Conference. Upholding its mission to "make supply chains more efficient and finance more inclusive," SY integrates technology with industrial supply chains to provide accessible financial services for SMEs. Over the past decade, SY has facilitated over RMB 230 billion in inclusive financing for more than 17,000 SMEs, 30% of which were first-time borrowers unable to secure traditional financing.

 

This accolade reflects industry recognition of SY's efforts in leveraging digital technology to drive sector-wide development and promote inclusive finance. With innovation at its core, SY employs cutting-edge technologies to expand financial inclusion. The company holds 69 national invention patents and software copyrights, covering areas from data processing algorithms to smart hardware applications. For instance, its big data-based supply chain risk assessment algorithm enables rapid and precise analysis of massive transaction datasets, improving risk control efficiency by at least 80% compared to traditional manual due diligence methods. Additionally, SY's fully digital operations deliver "more, faster, better, and more cost-effective" services—offering higher credit limits, quicker approvals, superior user experiences, and more inclusive funding to address SME financing challenges.

 

As a mainstream financial model in the digital economy era, digital finance accelerates the flow of capital, information, and data, fostering new productive forces. Since the launch of the digital RMB pilot, SY has pioneered its innovative applications in supply chain finance and factoring. By leveraging the traceability of digital RMB transactions, SY effectively resolves trust barriers with borrowers, enabling more accurate risk assessments and significantly improving SMEs' access to financing. Capitalizing on digital RMB's support for 24/7 large-scale disbursements, SY has channeled over RMB 200 million in inclusive digital financing, ensuring year-round service availability.

 

SY views technology as the cornerstone of supply chain ecosystems, continuously deepening its integration with business operations to offer SMEs flexible and efficient financial solutions. Its self-developed SYI Tong Cloud Platform has obtained Level-3 classified protection certification—the highest national cybersecurity standard for non-bank institutions—providing a robust compliance foundation for big data analytics, customer acquisition, and innovation. By mid-2024, SY's cumulative R&D investment exceeded RMB 200 million, with R&D personnel comprising over 27% of its workforce. SY Tech, its subsidiary, has earned accolades including National High-Tech Enterprise, Shenzhen Specialized and Sophisticated SME, and National Encouraged Software Enterprise.

 

SY's expertise in inclusive finance and fintech has garnered global recognition, with listings in CNBC's "Top 200 Global Fintech Companies 2023" and Forbes China's "Top 50 Most Influential Fintech Companies 2024."

 

Moving forward, SY will continue harnessing technological innovation to enhance its capabilities and service quality, delivering efficient and inclusive financial solutions to support the real economy.