August 18, 2026, SY Holdings Group Limited (“SY Holdings”, stock code: 6069.HK), a leading supply chain fintech platform, released its 2026 interim results announcement. In the first half of 2026, SY Holdings achieved a net profit of over RMB 211 million, representing a year-on-year increase of over 4%, marking the 12th consecutive year of profitability. The company firmly advanced its “platform-based, asset-light” development model, adhered to its differentiated risk control philosophy of “transaction-focused, entity-light,” and deepened the integration of AI technology into business scenarios. As a result, core operating metrics maintained steady growth, further consolidating long-term growth momentum.
SY Holdings places high importance on investor returns, with a dividend policy characterized by strong continuity and high certainty. The company has declared a final dividend of RMB 0.4047 per share, representing a payout ratio of 90% and totaling over RMB 431 million. Concurrently, a special dividend of RMB 0.2319 per share was proposed, amounting to over RMB 247 million. Combined, the total declared dividends for 2026 exceed RMB 678 million. Based on the closing price on the date of this announcement, the corresponding dividend yield exceeds 10%, underscoring significant long-term investment value. To date, the company has implemented high-dividend policies for eight consecutive years, steadily fulfilling its commitment to maintain a payout ratio of no less than 90% for the 2024–2026 period.
Additionally, SY Holdings’ controlling shareholder has oversubscribed its HK$50 million share buyback plan and committed not to reduce holdings over the next 12 months, pledging to continue increasing stakes opportunistically based on market conditions—a testament to confidence in the company’s future. Multiple brokerages, including China International Capital Corporation (CICC), Tianfeng Securities, and China Securities, have assigned “Buy” ratings, widely recognizing SY Holdings’ profile of “sustained profitability, stable dividends, and certain growth.” Management anticipates that driven by the steady scaling of platform businesses, rapid expansion of new e-commerce formats, and ongoing implementation of international strategies, the company is poised for significant growth over the next three years.
Platform Advantages Continue to Unlock, Business Scale Accelerates
Through its business model of “industrial data-driven insights + AI-powered risk control + platform-based matching,” SY Holdings effectively reaches and serves small, and medium-sized enterprises (SMEs) traditionally underserved by conventional finance. As of June 30, 2026, the company recorded principal operating income and revenue of approximately RMB 422 million, up 1% year-on-year. The return to positive growth was primarily attributed to the expansion of its platform technology business. The platform has cumulatively served 44,189 clients, an increase of over 131% year-on-year; cumulative intelligent matching volume reached RMB 367.3 billion, up over 32%. Notably, SME clients accounted for over 96% of the total, while first-time borrowers represented over 32%.
Leveraging its proprietary “SY Cloud Platform,” SY Holdings has established a hub that precisely matches quality industrial assets with inclusive financial resources. On the asset side, the platform has achieved system integration with multiple core enterprises, enabling real-time access to authentic transaction data. This provides foundational support for iterating risk control models and serves as a critical channel for efficient, low-cost customer acquisition. On the funding side, the platform connects 221 capital providers, serving as a key partner for traditional financial institutions in implementing inclusive finance. As of June 30, 2026, platform technology-driven matching accounted for over 87% of total volume. Revenue from platform technology services exceeded RMB 217 million, contributing over 50% of total revenue, emerging as the primary driver of overall growth.
E-commerce Business Accelerates, Cross-border Services Expand
The rapid growth of the e-commerce segment demonstrates the successful cross-scenario replication of SY Holdings’ risk control model. Addressing the characteristics of e-commerce merchants—asset-light structures, high turnover rates, and traceable transactions—the company utilizes authentic operational data and “shipped but unsettled” orders as core credit criteria to address capital needs for inventory stocking and marketing. Currently, the platform maintains system integrations with Kuaishou, Poizon, and Shopee, while deepening cooperation with SHEIN and Douyin E-commerce, supplemented by official traffic support from multiple platforms. As at 30 June 2026, the number of newly‑added e‑commerce clients stood at 20,298, representing a year‑on‑year surge of over 127 times. Cumulative e-commerce service volume surpassed RMB 10 billion, representing year-on-year growth of approximately 268%.
Simultaneously, SY Holdings is advancing its international footprint, replicating its platform model across regions. Using its Singapore international headquarters as a strategic pivot, the company exports its market-proven risk control frameworks and technological capabilities, having established partnerships with over 36 international financial institutions. Through its cross-border supply chain technology platform, SY Holdings continues to implement projects supporting the globalization of infrastructure, high-end manufacturing, offering comprehensive solutions covering working capital, cross-border settlement, and logistics. Notably, the strategic partnership with YOFC (6869.HK/601869.SH) deepened with the launch of its first digital supply chain finance transaction, facilitating the global expansion of China’s AI infrastructure ecosystem. Overseas cooperation projects have been implemented with Robotphoenix (6871.HK) and Standard Robots to facilitate their market expansion into Singapore and Japan. Furthermore, in collaboration with ZG Group (6676.HK), the company launched its first international supply chain project in Malaysia, establishing a service link in Southeast Asia and deeply supporting the overseas expansion of Chinese infrastructure.
R&D Investment Intensifies, Tech Innovation Empowers Industrial Upgrade
SY Holdings consistently regards technological innovation as a core growth driver. As of June 30, 2026, cumulative R&D investment exceeded RMB 325 million, with R&D personnel comprising over 33% of the workforce. The company holds over 101 national invention patents and software copyrights, with technical expertise spanning AI, big data, and cloud computing. Sustained investment in technology and talent has driven a marked improvement in operational efficiency.
It is noteworthy that SY Holdings’ East China Headquarters, “The APEX” in Wuxi, has been successfully completed. Positioned as China’s first AI industrial digital ecosystem base, the project will provide tenant enterprises with advanced computing power support, government‑affiliated supporting services, premium capital connections and industrial ecosystem empowerment, accelerating the innovative application and commercial translation of AI technologies within the industrial supply‑chain sector.
Looking ahead, SY Holdings remains committed to its mission and vision of “Empowering Chinese SMEs to reshape the global supply chain.” With technological R&D as its enduring engine, the company aims to serve the real economy and SMEs while delivering sustainable, long-term returns to all shareholders.
