On April 23, 2025, SY Holdings Group Limited (Stock Code: 6069.HK) unveiled its comprehensive 2024 Environmental, Social and Governance (ESG) Report, highlighting the company's substantial progress and firm commitment to sustainable development.
The report details Shengye's multifaceted approach across four key dimensions: technological empowerment for SMEs, low-carbon ecosystem development, ethical business practices, and employee growth initiatives, reinforcing its position as a leading "AI+industrial supply chain" digital intelligence solutions provider.
01 ESG Governance Aligned with National Carbon Goals
In response to global climate challenges, SY has fully embraced China's dual carbon strategy, with firm commitments to release its carbon neutrality roadmap by 2030 and achieve full carbon neutrality by 2060. The establishment of a dedicated Sustainability Committee in 2024 strengthened the company's three-tier governance framework, ensuring ESG principles are deeply embedded throughout corporate operations.
SY's leadership in green finance is evidenced by its role in developing China's first factoring industry green standard, effectively bridging the gap between inclusive finance resources and low-carbon transition funding needs.
The Group's support for 126 green infrastructure projects, representing over RMB 2.2 billion in financing solutions, demonstrates its tangible impact on value chain decarbonization. Notably, the completion of its East China Headquarters - AI Future City in April 2025, designed to meet both China's Green Building Three-Star and LEED Platinum standards, stands as a testament to SY's commitment to sustainable architecture.
02 Technology-Driven SME Empowerment
Aligning with national priorities for modern industrial systems and digital economy development, SY has significantly increased its R&D investments, surpassing RMB 250 million in cumulative spending with 80 patents and software copyrights to date. The SYT Cloud Platform, enhanced by integration with leading domestic AI models including DeepSeek and Qwen, delivers innovative "AI+supply chain" solutions that have transformed operations for over 18,000 clients.
Remarkably, SMEs constitute more than 96% of these beneficiaries, with the platform enabling an average 60% sales growth while maintaining an exceptional 80% client retention rate. These achievements earned SY prestigious recognition on both the Forbes China Top 50 Fintech Influencers list and Top 10 Fintech ESG Practitioners ranking in 2024, complemented by outstanding ESG ratings including AA from Wind ESG and A from MSCI.
03 Comprehensive Employee Development Ecosystem
SY's people-centric philosophy manifests in its merit-based talent strategy and inclusive workplace culture, where women comprise nearly half of all employees. The company's robust talent development system encompasses onboarding programs, leadership training, and postdoctoral research opportunities, supported by innovative incentive mechanisms including stock options and RSUs.
With nearly 20% of staff receiving promotions, over 110 training sessions conducted, and 99% employee satisfaction in 2024, SY's HR excellence has been consistently recognized through awards such as Bloomberg Green's "DEI Caring Workplace" and Liepin's "Guangdong Outstanding Employer."
04 Social Impact Through Strategic Philanthropy
Through its charitable foundation established with the vision of "Acting from the Heart, Gathering Kindness into Light," SY has created meaningful social value across three focus areas: disadvantaged children support, youth empowerment, and rural revitalization.
A decade of consistent philanthropic efforts has yielded impressive results, including RMB 14 million in donations, assistance to over 15,000 beneficiaries, and life-saving cardiac surgeries for more than 180 children with congenital heart conditions. The Group's 20 charitable initiatives in 2024, ranging from summer camps for migrant workers' children to rural revitalization scholarships, reflect its belief in the transformative power of collective goodwill.
Looking forward, SY Holdings remains committed to its platform strategy, continuing to leverage technological innovation to empower SMEs while expanding into emerging sectors like e-commerce, robotics, and intelligent computing services. By steadfastly upholding ESG values, the company aims to deliver sustained contributions to sustainable development and create lasting value for all stakeholders.
