Recently, SY Holdings Group Limited ("SY Holdings", stock code: 6069.HK) completed the integration of its SY Cloud Platform with the supply chain bill platform of the Shanghai Commercial Paper Exchange ("SCPE"), and executed the platform's inaugural supply chain bill issuance.
This milestone marks the establishment of SY Holdings' standardized, compliant and fully digitalized supply chain bill service capabilities. Leveraging the SCPE — a national-level financial infrastructure and the country's unified bill trading platform — SY Holdings will offer small and medium-sized enterprises (SMEs) across industrial chains a more diversified suite of integrated services, channeling financial resources to support the high-quality development of the real economy.
Unblocking Bill Financing Channels and Empowering SMEs
Through the SCPE supply chain bill platform, SY Holdings further embeds bill services into real industrial transaction scenarios, expanding the payment and financing options available to SMEs along the chain.
Supply chain bills are a form of electronic commercial bill. Holders may either transfer them by endorsement for trade settlement, or apply to qualified financial institutions for discounting, pledging and other financing services, thereby broadening their working capital channels.
Alongside this wider range of financing options, the fractionalization mechanism of supply chain bills also enhances flexibility of use. Enterprises can split and transfer bills in line with their actual operational needs, precisely matching small-value, high-frequency working capital scenarios and significantly improving capital efficiency.
The SY Cloud Platform deeply integrates data across business flow, logistics, capital flow and information flow, enabling automated verification of underlying transactions and fully online processing. This eliminates cumbersome offline document submission and delivers convenient, efficient one-stop bill services to SMEs.
Strengthening Asset Risk Control and Enhancing the Effectiveness of Inclusive Finance
Asset authenticity and effective risk control are the cornerstones of financial institutions serving the real economy.
SY Holdings' supply chain bill business is fully traceable online, with verifiable underlying trade backgrounds and clearly defined, standardized asset ownership, ensuring a high degree of standardization and security. At the same time, the vast base of industrial chain clients connected to the platform provides funding parties with an efficient channel to scale up inclusive finance business in batches, significantly reducing verification and risk control costs. The platform also serves as an efficient and secure bridge between the industrial side and the funding side, facilitating the precise drip-irrigation of financial resources into the real economy.
Compliance has always been the bottom line of SY Holdings' development. Connecting to the SCPE supply chain bill platform is a key initiative by SY Holdings to implement the regulatory requirements of the "Yinfa [2025] No. 77" circular, proactively interface with national-level financial infrastructure, and embrace the standardized development of the industry. The successful execution of the first supply chain bill transaction represents another important practice by SY Holdings in pursuing its "platform-based, asset-light" development model and advancing the integration of AI technology with business scenarios.
Going forward, SY Holdings will continue to use the SY Cloud Platform as its core vehicle, deepen collaboration with the SCPE, and continuously iterate its supply chain bill products and service capabilities. Working alongside partners on both the industrial and funding sides, SY Holdings will transmit the credit of core enterprises to the far ends of industrial chains more efficiently, help more SMEs reduce costs and improve efficiency, and empower the high-quality development of the real economy through compliant, digitalized supply chain financial services.
