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SY Holdings Group Limited ("SY Holdings", stock code: 06069.HK), a leading supply chain technology platform in China, officially announced that its "SY Cloud Platform" has integrated with the domestic open-source large model, DeepSeek. This marks a crucial step for SY Holdings in actively embracing AI technology and exploring innovative applications, as well as a significant effort in response to the national "AI+" development strategy. The Central Economic Work Conference emphasized the launch of "AI+" initiatives to nurture future industries. The SY Cloud Platform leverages system integration with over 10 large core enterprises, established digital ecosystem around more than 1.5 million potential suppliers, and connected to more than 160 funding partners. This has accumulated a wealth of industrial ecosystem data and innovative practical experience. After integrating the DeepSeek large model and through high quality data training, SY Holdings aims to enhance the efficiency of its AI capability. This not only provides more precise and efficient inclusive financial services to small and medium-sized enterprises (SMEs) but also explores areas such as intelligent supplier management, automated supply chain business processes, and intelligent decision support for inventory management, sales, and procurement. SY Holdings is dedicated to advancing intelligent supply chain solutions, collaborating with industry stakeholders to drive the sector's digital transformation and smart evolution. In today’s digital economy, artificial intelligence has become a linchpin for firms seeking to bolster core competitiveness. SY Holdings’ integration of the DeepSeek large language model reflects both strategic foresight and practical operational alignment, addressing real-world business imperatives. SY Cloud Platform‘s integration with DeepSeek’s capabilities enables the firm to transition from data aggregation to advanced intelligent decision systems, harnessing cutting-edge natural language processing (NLP), deep knowledge reasoning, and multimodal analytics. For example, DeepSeek’s NLP capabilities now supercharge contract audits and transaction stream analysis, reducing manual labor and mitigating operational risks. This will effectively address the challenges in data management and protracted approval cycles endemic to traditional financial frameworks, empowering SY Holdings to swiftly address small businesses’ urgent, high-frequency financing needs. The DeepSeek large model has demonstrated unique adaptability in supply chain finance fraud detection, aligning well with SY Holdings' risk control philosophy of "transaction-focused, entity-light." The SY Cloud Platform can quickly parse large volumes of unstructured data, including contracts, transaction documents, delivery videos, and public opinion information, and conduct in-depth mining and correlation analysis of these multi-dimensional data. This helps SY Holdings construct more comprehensive profiling for corporates and transactions, which enables more precise risk assessment. For example, during contract parsing, it can identify key clauses, legal risk points, and detect fraudulent contracts. Additionally, DeepSeek's fully open-source strategy allows SY Holdings to quickly complete local deployment while ensuring data security and compliance. SY Holdings has prioritized platform-driven and technology-centric growth. To date, the firm has invested a cumulative total of nearly RMB 300 million in R&D, with almost 30% of its workforce dedicated to research and development. The company holds 80 national patents and software copyrights, spanning big data, cloud computing, and artificial intelligence (AI) technologies. Driven by sustained innovation and integration into industrial digital ecosystems, platform technology service revenue now accounts for 40% of total revenue, with net profit expected to grow over 30% in 2024. The strategic adoption of AI large models is projected to further accelerate this revenue growth. SY Holdings stated, “The global AI-driven transformation is reshaping industries, and we are fully committed to embracing this new era. Having integrated the DeepSeek large model into operations, the company is now actively testing advanced models such as ChatGPT, Llama, Qwen, and Dovetail to identify their potential applications in industrial supply chain management. Looking ahead, SY Holdings will continue to increase R&D investment and proactively drive AI-driven innovations, aiming to solidify its leadership in ‘AI + industrial supply chain’ solutions.”
Recently, SY Holdings Group Limited (“SY Holdings”, Stock Code: 06069.HK), a leading "AI+ industrial supply chain" digital technology company, announced a strategic partnership with Shopee, Southeast Asia’s largest e-commerce platform. The collaboration will leverage e-commerce ecosystem integration and digital technology to jointly launch cross-border e-commerce supply chain liquidity solutions, empowering Chinese brands to accelerate their expansion into the Southeast Asian market.Shopee, which dominates e-commerce in Southeast Asia, operates in over 10 markets including Singapore, the Philippines, and Malaysia, boasting more than 7 million active sellers and reaching over 1 billion potential consumers. In 2024, Shopee recorded over 10 billion orders and a gross merchandise volume (GMV) exceeding $100 billion. Its parent company, Sea Group (Stock Code: SE.US), is the first Southeast Asian internet company listed on the New York Stock Exchange (NYSE), with a current market capitalization exceeding $70 billion. Tencent (Stock Code: 00700.HK) is its largest shareholder.Against the backdrop of China’s efforts to cultivate new momentum for foreign trade, SY Holdings will collaborate with Shopee to help Chinese sellers capture the growth opportunities of China’s rapidly expanding cross-border e-commerce sector. Preliminary statistics from China Customs indicate that cross-border e-commerce imports and exports reached RMB 2.63 trillion in 2024, a year-on-year increase of 10.8%, solidifying its role as a key driver of China’s foreign trade growth. Additionally, according to data disclosed by Amazon and third-party institutions, the number of Chinese cross-border e-commerce sellers (accounts) has surpassed 2.4 million, with small and micro-sized sellers (annual revenue below RMB 2.1 million) accounting for over 55% of the market, gradually becoming the core force in industry development. Notably, as one of the main battlefields for Chinese sellers’ overseas expansion, the Southeast Asian e-commerce market holds immense potential, with a growth rate of 18.6%—the highest globally. According to the 2023 Southeast Asia Digital Economy Report jointly released by Google, Temasek, and Bain & Company, Southeast Asia’s e-commerce GMV reached approximately $139 billion in 2023 and is projected to reach $186 billion by 2025.SY Holdings noted that Southeast Asia, geographically adjacent to China, is one of the world’s most promising regions for e-commerce development and an emerging blue ocean market for Chinese sellers’ overseas expansion. With increasing numbers of Chinese brands entering cross-border e-commerce platforms to "go global," liquidity management has become a core competitive advantage for sellers to capture overseas markets. The liquidity solutions launched by SY Holdings and Shopee will not only attract more Chinese sellers to join Shopee but also drive a reshaping of the seller landscape in the Southeast Asian e-commerce market. Sellers with stronger and more abundant liquidity will be better positioned to flexibly respond to market changes, formulate effective pricing strategies and promotional plans, rapidly expand market scale and competitive advantages, and deepen the penetration of Chinese brands among Southeast Asian consumers. Looking ahead, SY Holdings expects to reach millions of potential Chinese sellers, unlocking a multi-billion-dollar liquidity market in cross-border e-commerce.As an "AI+ industrial supply chain" digital technology company, SY Holdings actively responds to policies advocating for high-quality cross-border e-commerce development and stability and quality improvement in the foreign trade ecosystem. It continues to prioritize strategic emerging industries such as cross-border e-commerce. In the future, SY Holdings will further deepen its ecosystem integration with cross-border e-commerce platforms, leveraging its "transaction-centric" risk management model to accurately assess and address the funding needs of e-commerce merchants. By dynamically analyzing market trends, it will assist merchants in capturing business opportunities and providing flexible liquidity solutions, empowering Chinese sellers to "sell globally" and Chinese brands to reach the world.
Shenzhen, May 13, 2025 – SY Holdings Group Limited (“SY”; Stock Code: 6069.HK), a digital intelligence company specialising in “AI + Industrial Supply Chains”, has announced its intention to issue new shares to incorporate XtalPi Holdings Limited (“XtalPi”; Stock Code: 2228.HK) and Be Friends Holding Limited (“Be Friends”; Stock Code: 1450.HK) as strategic investors. The inclusion of these strategic investors aims to enhance SY’s capabilities in the field of AI research and development, expand the business scale in e-commerce sector, and increase revenue from platform-based technology services, thereby solidifying the favourable conditions to support SY’s sustainable and robust long-term growth. As an important initiative aimed at deepening and accelerating its strategic collaborations, SY Holdings plans to issue up to 17.48 million new shares, representing approximately 1.74% of the enlarged issued share capital, at a price of HK$11.99 per share. The net proceeds from the share issuance are expected to be approximately HK$209 million, and are intended for the following purposes: The accelerated expansion of platform-based technology services will be undertaken with a primary emphasis on strategic emerging sectors, including, but not limited to, e-commerce, applications of artificial intelligence (“AI”), robotics, and cross-border business. This expansion shall be pursued through the integration of ecosystem data, incubation of investments, order matching, facilitation of of working capital services.Increasing investment in research and development (“R&D”), particularly focusing on upgrading the “SY Cloud Platform,” along with the R&D and commercial rollout of AI applications utilising industrial data.Other general working capital purposes. The issuance of new shares by SY Holdings was designed to attract strategic investors and has garnered substantial interest from international investors. Initially aiming for approximately HK$156 million in fundraising, the share issuance was oversubscribed by more than ten times, ultimately prompting SY to upsize the total amount raised by roughly 35%. The top five subscribers were strategic and institutional investors, collectively comprising over 88.6% of the subscribed shares. The prompt execution of this strategic investment significantly strengthens the foundation for long-term cooperation among XtalPi, Be Friends, and SY and serves as an acknowledgement of the synergies and business growth potential linked to SY’s new business initiatives. Since its inception in 2013, SY has consistently expanded its influence within key national industries, including infrastructure, pharmaceutical, and commodities. SY is also actively venturing into strategic emerging sectors, including e-commerce, robotics, and AI applications. SY remains steadfast in its commitment to a platform-based growth strategy, utilising technology to integrate industry ecosystems. Thus far, it has cumulatively supported over 18,000 small, medium, and micro enterprises (“SMEs”) in order matching and working capital facilitation of a turnover exceeding RMB 240 billion. This strategy has enabled SY to maintain double-digit growth rates in its scale of operations. Furthermore, SY has maintained profitability for eleven consecutive years and has consistently executed a high dividend payout policy for seven successive years. For the fiscal year 2025, SY anticipates its dividend payments to amount to no less than RMB 940 million, corresponding to a dividend yield of approximately 8%. This underscores SY’s ongoing commitment to distributing the benefits and rewards of its growth and success among its investors. XtalPi, recognised as the first specialised technology enterprise listed under Chapter 18c of the Hong Kong Stock Exchange Listing Rules, is an innovative technology company driven by AI and robotics, grounded in quantum physics. XtalPi’s intelligent autonomous experimental platform integrates AI and high-precision, high flexibility robotics experimental technologies to enable the customised generation, screening, and development of high-value molecules at the microscopic scale. Its platform significantly enhances the efficiency, innovation capacity, and success rate in biopharmaceutical research and development. It has also achieved considerable progress in other fields such as new materials, petrochemicals, new energy, agriculture, and consumer goods. To date, XtalPi has formed partnerships with numerous multinational enterprises, prominent domestic and international corporations, and leading research institutions, including Pfizer, Eli Lilly, Johnson & Johnson, Merck, the Experimental Drug Development Centre (EDDC) of Singapore, Chia Tai Tianqing Pharmaceutical Group, and CK Life Sciences. Notably, XtalPi has established collaborations with 16 of the world’s top 20 multinational pharmaceutical companies. XtalPi stated, “We maintain a positive and enthusiastic outlook regarding our collaboration with SY Holdings. By leveraging our advanced AI research and development platform alongside automated robotics systems, in conjunction with SY Holdings’ extensive industrial data amassed over the course of more than a decade, we aspire to deliver comprehensive technical assistance in the development of industry-specific AI agents. Moreover, SY Holdings is deeply embedded within the industrial ecosystems of over ten major core enterprises and actively engages in the China-Singapore Demonstration Initiative on Strategic Connectivity. This partnership is anticipated to unlock new growth opportunities and business applications, thereby facilitating mutually beneficial expansion and synergistic growth in business scale.” Be Friends is a leading new media services provider in China. The Company operates “Be Friends Live Room” and the “Be Friends Matrix Live Rooms,” which are prominent livestream e-commerce and new media marketing brands in China, dedicated to building innovative consumption channels across multiple digital platforms such as Douyin and Taobao for premium brands and consumers. Currently, Be Friends operates two primary livestream studios: “TikTok Be Friends” and “Taobao Be Friends,” along with more than 60 vertical-focused matrix livestream studios that cover apparel, beauty products, food, and other consumer categories. The total follower base across these livestream studios exceeds 60 million, supported by a professional team of over 200 experienced e-commerce livestream hosts. Since 2024, Be Friends has strategically focused on regional economic development, pioneering an innovative integrated model known as “Industrial Belts + Livestreaming,” specifically tailored for traditional industrial belts. This approach has effectively driven digital transformation and significantly enhanced the e-commerce capabilities of regional industrial belts, achieving remarkable results. Be Friends stated, “We are very pleased to deepen our strategic partnership with SY Holdings. Livestream e-commerce has become deeply integrated into individuals’ daily lives due to its distinctive appeal. As a leading player and innovator within the livestream e-commerce sector, we have established robust operational and supply chain capabilities, achieving a total Gross Merchandise Value (GMV) across all channels of approximately RMB 15 billion in 2024 and collaborating with over 12,000 merchants. Looking ahead, we will support SY Holdings in penetrating the livestream e-commerce industry, amalgamating our respective resources to enhance service offerings to brand partners, thereby enabling a greater number of domestic brands to attain increased visibility and sales growth. This strategic alignment closely aligns with SY Holdings’ mission of aiding small, medium, and micro enterprises in securing orders and accessing capital.” SY Holdings has expressed its excitement: “We look forward to forging strong collaborations with XtalPi and Be Friends to generate enhanced synergies in new business expansions. In the livestream e-commerce sector, SY anticipates deepening its integration within the e-commerce ecosystem, strengthening its partnerships with leading e-commerce platforms such as Douyin, and further broadening its reach across major e-commerce platforms. This will enable SY to offer more differentiated capital turnover facilitation services to micro, small, and medium-sized e-commerce merchants. Furthermore, leveraging XtalPi’s advanced AI research capabilities, SY will jointly develop vertical-sector AI agents, driving growth in emerging industries. Additionally, SY will fully utilise its resources in Singapore and international markets to support the overseas expansion of XtalPi and Be Friends, achieving mutual benefits and collaborative success within the industrial ecosystem.”
28 October 2024, Hong Kong - SY Holdings (“SY”, the “Group”, stock code: 6069.HK) participated in the 9th edition of the Hong Kong Fintech Week, organized by Hong Kong’s Financial Services and the Treasury Bureau and InvestHK, along with the Hong Kong Monetary Authority (HKMA), and the Securities and Futures Commission (SFC) at AsiaWorld-Expo in Hong Kong. Key officials from Hong Kong’s regulatory bodies, including Financial Secretary Paul Chan, HKMA Chief Executive Eddie Yue, and Secretary for Financial Services and the Treasury Christopher Hui, attended the opening ceremony. As the flagship event for the region’s fintech development, the HK Fintech Week attracted over 30,000 participants from over 100 countries, gathering global industry leaders from the banking, securities, investment, insurance, and technology sectors to discuss the future of finance and technology. SY participated in a panel discussion titled, “Fintech’s Role in Encouraging Social Impact and Solving Biodiversity Crises” as a partner for the event. The Hong Kong government unveiled a policy relating to the responsible use of artificial intelligence (AI) in financial markets, alongside several other measures aimed at guiding the growth of the city’s fintech industry. The policy focused on Hong Kong’s open yet cautious stance on the application of AI in financial markets as an international financial hub. The government also outlined a dual-track approach to promote AI adoption and development in financial services while addressing potential risks related to cybersecurity, data privacy, and intellectual property. During the panel discussion, Kenny Ng, SY’s Head of International Business, highlighted the Greater Bay Area as “a strategic region and talent hub for the development of the fintech industry.”, in particular, small and medium-sized enterprises (SMEs) are key to driving economic development and supporting innovation and entrepreneurship. Mr Ng also noted that fintech companies in the Greater Bay Area can also leverage AI and inclusive digital financial services to drive the sustainable growth of SMEs. As the first listed supply chain technology platform on the Hong Kong main board, SY Holdings has been based in Shenzhen, the core of the Greater Bay Area, for over a decade. The Group has seen first-hand, the region’s rapid growth, in tandem with the development trajectory of the economic environment. Through continuous investment in R&D, cultivating talent, and applying innovative fintech solutions, SY delivers “timely, efficient, high-quality, and cost-effective” digital financial services that meet the short-term financing needs of SMEs. To date, the Group has invested a cumulative total of over RMB 200 million in R&D investment, and has dedicated over 27% of its workforce in R&D. SY currently holds a total of 69 patents and software copyrights. Its wholly-owned subsidiary, SY Information Technology Services (Shenzhen) Co., Ltd., has also received numerous national certifications as a “High-Tech Enterprise,” a “Specialized and New Enterprise” in Shenzhen, and a “National Encouraged Software Enterprise” with “National Encouraged Software Products.” The Group’s self-developed “SY Cloud Platform” harnesses AI, cloud, and IoT technologies within the supply chain, facilitating over RMB 210 billion in inclusive digital financial services for over 16,000 SMEs, of which 30% were “first-time borrowers” who were unable to secure financing through traditional channels. This thereby effectively addresses the financing pain points and costs faced by SMEs. “Riding on the wave of digitization, the use of data analytics in fintech has become a key driver in facilitating SME financing,” Mr Ng said when discussing the role of AI in enabling inclusive finance. SY’s transaction-focused model uses AI to parse proprietary data on its platform to validate the transaction authenticity and rationality of the SMEs. Through deep integration into the infrastructure and pharma ecosystem, SY has accumulated extensive amounts of industry data. By using its AI model on this data, SY is able to accurately profile the logistics, capital flows, business flows, and information flows for each industry, capturing the transaction profiles of SMEs to assess their financing needs. Using multi-dimensional data and cloud computing, SY’s model allows for automated decision-making in determining credit limits and pricing throughout the process, significantly enhancing risk assessment capabilities and efficiency. The model has successfully achieved 83% accuracy rate predicting repayment cycles, surpassing the standards in manual assessments. Hong Kong, as an international financial center and a global fintech hub, has established itself as a bridge connecting China enterprises with the rest of the world, serving as a vital gateway for the flow of capital, talent, innovation, and technology. SY intends to leverage the synergies between Hong Kong within the Greater Bay Area, increase its investment in R&D and explore inclusive finance models. As it accelerates the development of cross-border supply chain finance, SY Holdings aims to support SMEs in “going global” and empower Chinese manufacturing to “venture overseas,” injecting vitality into the growth of the real economy.
SHENZHEN, CHINA - EQS Newswire - 27 August 2025 – SY Holdings Group Limited ("SY Holdings", stock code: 6069.HK), a leading digital technology firm specializing in AI-driven industrial supply chains, has launched the Asia-Pacific's first[1] supply chain asset-backed Real World Asset (RWA) tokenization on HashKey Chain, an Ethereum Layer-2 blockchain operated by HashKey Group, Asia's leading digital asset financial services group. The inaugural tranche has established a shelf quota equivalent to USD100 million, to be issued in multiple instalments under an innovative structure featuring multi-currency offerings and stablecoins subscription. The products are backed by the genuine income streams of high-quality supply chain assets across multiple sectors, including e-commerce, within SY Holdings' Supply Chain Technology Platform, and have received subscription from international investors. This pioneering RWA tokenization aligns with SY Holdings' global expansion strategy and its vision to build an AI-powered international supply chain platform, transforming real-world asset certainty into on-chain configurable value. Real World Assets (RWAs) tokenization involves tokenizing physical assets via blockchain, creating standardized, divisible, and traceable digital assets that represent rights or interests in underlying assets. This innovative financial tool leverages blockchain's decentralization, transparency, immutability, and traceability, combined with global network interconnectivity, to enhance transaction security and transparency. Through structured design, RWA tokenization integrates seamlessly with stablecoin innovations, addressing traditional challenges like unclear ownership, limited liquidity, high transaction costs, and elevated investment barriers. Stablecoins, with their price stability and efficient settlement, serve as a critical bridge between real-world assets and on-chain value flows. They provide a reliable pricing unit, facilitate on-chain transactions, settlements, and profit distribution, and reduce transaction friction and currency risks. By combining supply chain asset-backed RWA tokenization with stablecoin applications, SY Holdings will enhances capital efficiency and lowers financing costs for SMEs while offering global investors compliant, efficient, and credible digital asset investment channels. According to Boston Consulting, driven by demand for stable returns and diversified assets alongside maturing blockchain technology, the RWA market could reach $16 trillion by 2030, becoming a vital link between traditional and digital economies. As a Singapore capital-backed international enterprise, SY Holdings began its global expansion in August 2025, aiming to develop an AI-driven "International Supply Chain Technology Platform." This platform empowers small and medium-sized enterprises (SMEs) across global supply chains with integrated solutions, including flexible supply chain services, financing, foreign exchange management, and digital enablement. These tools help SMEs scale efficiently into global markets, advancing SY Holdings' mission to "reshape global supply chains alongside SMEs" and drive a new era of synchronized global growth. The innovative application of RWA tokenization and stablecoins is a cornerstone of SY Holdings' globalization strategy, significantly enhancing its platform's light-asset operations and efficiency. By transforming high-quality supply chain assets into standardized, divisible, and traceable digital assets on-chain, SY Holdings will unlock efficient financing channels for SMEs and creates transparent, credible value carriers for assets previously inaccessible to international capital markets. This boosts their appeal to global institutional and Web3.0 investors, revitalizing low-liquidity assets for seamless capital turnover. HashKey Group, Asia's leading digital asset financial services group with licenses for Exchange, Custody, and Asset Management, provides comprehensive solutions for RWA projects, spanning asset issuance, liquidity provision, and cross-border settlement. User funds are managed throughout by a regulated custodian, ensuring asset independence and security. HashKey Chain, its core blockchain platform, drives compliant and scalable Onchain Finance for financial institutions and RWA tokenization. In this project, HashKey Chain offers SY Holdings a secure, stable, and interoperable blockchain infrastructure, leveraging advanced smart contract standards and modular deployment to enable seamless registration, integration, reconciliation, and circulation of supply chain assets on-chain, ensuring efficient and traceable flows between off-chain and on-chain environments. Additionally, HashKey Group's HashKey NexaToken provides critical on-chain technical support for this project. Specializing in secure and efficient tokenization of traditional financial assets, HashKey NexaToken delivers an optimized user experience, high-performance and cost-effective design, rapid deployment, and robust security, flexibly addressing the diverse needs of SY Holdings' supply chain assets to enable swift project execution and efficient on-chain asset circulation. The core objective of this project extends beyond SY Holdings' successful initial RWA tokenization effort, aiming to validate the compliance and scalability of the entire supply chain asset tokenization process. This lays the foundation for scaling more high-quality international supply chain assets onto SY Holdings' technology platform and forging deeper connections with Web3.0 capital ecosystems. As strategic partners, SY Holdings and HashKey Group will actively explore pathways to link supply chain assets with global capital, promoting standardized and scalable on-chain asset flows to provide global investors with secure, transparent, and innovative digital asset investment opportunities. "We are excited to partner with HashKey Chain to launch the Asia-Pacific's first supply chain RWA tokenization project, driving the global tokenization of supply chain assets and accelerating their integration with Web3.0 technologies. Moving forward, SY Holdings will harness its deep expertise in digitalizing and intelligently managing supply chain assets to expand into the Web3.0 space, reducing reliance on traditional issuer credit enhancements and bridging gaps in transactional transparency within the Web3.0 ecosystem. By fully mapping authentic, sustainable, and verifiable supply chain assets onto the blockchain and leveraging stablecoins' 'payment-as-settlement' efficiency, we can better empower SMEs in global industrial supply chains. This opens new avenues for global investors to access credible supply chain asset investments. SY Holdings is committed to collaborating with ecosystem partners to build an open, compliant, and mutually beneficial Web3.0 ecosystem, strengthening real-world industries through digital innovation and delivering sustainable value for SMEs and global investors," SY Holdings stated. Note[1]: Reference data from the RWA.xyz platform as of August 27, 2025 Hashtag: #SYHoldingsThe issuer is solely responsible for the content of this announcement.About HashKey ChainHashKey Chain is the preferred blockchain for financial institutions and RWA tokenization, dedicated to promoting compliant and scalable Onchain Finance. As a compliance-friendly blockchain infrastructure, HashKey Chain provides a secure and transparent on-chain environment for institutions. HashKey Chain inherits Ethereum's decentralized security while enhancing transaction efficiency through high-performance optimization, ensuring on-chain asset stability and traceability. Its low-cost solution offers minimal Gas fees and high throughput, enabling efficient circulation of MMFs, bonds, funds, and stablecoins while reducing institutional operational costs. HashKey Chain collaborates with leading financial institutions and compliant Web3 projects to provide solutions for institutional DeFi, RWA tokenization, and stablecoin settlement, accelerating the financial system's digital transformation.About SY HoldingsSY Holdings Group Limited ("SY Holdings" or the "Group", stock code: 6069.HK) is the first "AI+Industrial Supply Chain" digital intelligence technology company listed on the Main Board of the Hong Kong Stock Exchange. The major institutional shareholders of SY Holdings include Temasek Holdings of Singapore, Wuxi Communications Group, XtalPi and Be Friends. The Group has been included in the MSCI series indices, Hang Seng Composite Index, FTSE Index, Shenzhen-Hong Kong Stock Connect, and Shanghai-Hong Kong Stock Connect programs. It was recognized in 2023 as one of "CNBC's Top 200 Global Fintech Companies" and in 2024 as a "Forbes China Top 50 Fintech Influential Enterprise," demonstrating international market recognition of its development. While deepening its presence in national pillar industries such as infrastructure, pharmaceuticals, and commodities, SY Holdings is actively expanding into strategic emerging sectors including e-commerce, robotics. SY Holdings adopts the differentiated "transaction-focused, entity-light" model, uses AI Agent to link industrial ecosystem and conduct data analysis, and helps the growth of small and medium enterprises ("SMEs") through platform technology service. As of June 30, 2025, SY Holdings has helped over 19,000 SMEs secure over RMB 270 billion in order acquisition and working capital turnover. In August 2025, while intensifying its global expansion, SY Holdings positioned its Singapore international headquarters as the strategic bridgehead and formally launched its global strategy. The Group will build a new "International Supply Chain Technology Platform" powered by AI, which focuses on serving SMEs in the upstream and downstream of the global supply chain and provides one-stop solutions encompassing flexible supply chain services, cross-border working capital, exchange rate management and digital empowerment. The Group is committed to supporting SMEs in efficiently expanding into global markets, while fulfilling its mission of "reshaping the global supply chain hand in hand with SMEs" and jointly opening a new era of growth in resonance with global development.
SHENZHEN, CHINA - EQS Newswire - 29 July 2025 - SY Holdings Group Limited ("SY Holdings" or the "Group," stock code: 6069.HK), an "AI + industrial supply chains" digital intelligence technology company, announced the official designation of its Singapore subsidiary, SY INTELLECTHUB PTE.LTD., as its international headquarters. SY Holdings will continue to intensify its efforts in expanding international markets. The Singapore International Headquarters will deepen global industrial supply chain connectivity, explore innovative applications of Web3.0 and stablecoins, support small and medium-sized enterprises (SMEs) in going global, and provide them with one-stop international order matching and working capital facilitation services. Against the backdrop of an increasingly complex and volatile international macro-environment, the global supply chain ecosystem is undergoing profound adjustments, with traditional supply chain decoupling points becoming increasingly unbalanced. Cross-border payment processes are lengthy; exchange rate fluctuations are severe; and compliance reviews are cumbersome—these overlapping factors have significantly increased logistics and capital costs, prolonging overall delivery cycles. SY Holdings aims to become an integral part of the supply chain, using its Singapore International Headquarters as a core hub to actively explore cutting-edge technologies such as Web3.0 and stablecoins. This will better assist SMEs in finding orders, securing financing, and fulfilling contracts, thereby building a one-stop international supply chain technology platform to enhance global supply chain resilience and sustainable growth. With the reshaping of global value chains and the upgrading of China's supply chains, going global has become an essential path for Chinese enterprises and brands to grow stronger. Singapore, as a global financial, trade, and shipping hub, boasts a well-developed financial system, a strategic geographical location, and an extensive business network, making it the preferred destination for Chinese companies looking to expand into Southeast Asia and beyond. As an international enterprise controlled by Singaporean capital, SY Holdings also received strategic investment from Temasek, Singapore's sovereign wealth fund, in 2018. Through strategic partnerships and investments with leading enterprises in Singapore, the Philippines, Indonesia, and other countries, the Company has actively explored and expanded its international business. Simultaneously, SY Holdings has been deeply involved in commercial cooperation projects between China and Singapore, including the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity. The establishment of its Singapore subsidiary as the international headquarters marks a new phase for SY Holdings in pioneering international innovation, connecting global markets, and supporting SME development, while laying the groundwork for embracing the Web3.0 ecosystem and exploring stablecoin applications in international supply chains and cross-border payments. In 2024, China's foreign trade exceeded RMB 43 trillion for the first time, maintaining its position as the world's largest goods trading nation for the eighth consecutive year. The "Chinese Enterprises Going Global Insights and Global Trends Outlook Report" released by Shine Global noted that over 700,000 enterprises are currently attempting or planning to expand overseas. Among them, 55% of surveyed companies have incorporated global expansion into their strategic plans, while 31% consider it a core strategy. The "Chinese Enterprises' Outbound Investment Status and Intentions Survey Report" by the China Council for the Promotion of International Trade further revealed that over 80% of respondents plan to expand or maintain their foreign investments. However, market access barriers, channel connectivity challenges, capital turnover efficiency, exchange rate volatility risks, and the complexity of cross-border payment settlements remain major bottlenecks hindering the globalization of Chinese enterprises. Since entering the Chinese market, SY Holdings has not only deepened its presence in traditional sectors such as infrastructure, pharmaceutical and healthcare, and commodities but has also actively expanded into strategic emerging industries like e-commerce, robotics, and AI applications. Adhering to a platform-based development strategy, the Company leverages technologies such as AI Agent to connect industrial ecosystems and data elements, having assisted over 19,000 Chinese SMEs in securing more than RMB 270 billion in order matching and capital turnover services. Based on its deep integration with China's industrial ecosystem, SY Holdings has keenly identified the growing global expansion demands of Chinese SMEs and the vast market potential behind them, swiftly establishing this as a new growth driver for its international business. For example, in e-commerce, SY Holdings has formed strategic partnerships with leading Southeast Asian e-commerce platforms. Leveraging its accumulated international market resources, the Company provides one-stop international supply chain solutions for Chinese SMEs to "sell globally and open stores worldwide." Through AI and big data analytics, SY Holdings assists Chinese merchants in accurately identifying potential market opportunities in Southeast Asia, offering tailored localization strategies and matching working capital based on transaction orders to help them generate greater revenue in international markets. Chinese SMEs commonly face pain points in cross-border payment settlements during globalization. Under traditional cross-border payment models, transactions must undergo multi-tiered correspondent bank clearing and settlement, with identity verification and compliance reviews required at each step. The process is cumbersome and time-consuming, failing to meet the timeliness demands of trade in the digital era. Additionally, layered fees—including handling charges, exchange fees, and service fees—significantly increase trade costs. According to World Bank statistics, as of Q3 2024, the average global remittance fee was 6.62% of the transaction amount, with settlement times ranging from 1 to 5 business days. In contrast, stablecoins, as emerging payment and settlement tools pegged to fiat currencies, enable peer-to-peer transfers via blockchain technology, achieving instant "payment-as-settlement" clearing while reducing costs to as low as 0.1%. Notably, stablecoins inherently offer exchange rate hedging, effectively mitigating currency volatility risks in cross-border trade. SY Holdings plans to explore innovative applications of stablecoins in international supply chain capital turnover services to enhance efficiency, reduce cross-border payment costs, and hedge against exchange rate risks, thereby delivering a "more, faster, better, and cheaper" customer experience. SY Holdings stated: "Singapore is a critical hub connecting China and the world. Establishing our international headquarters in the Lion City is not only due to its unparalleled geographical advantages but also its mature tech ecosystem and pro-globalization ethos. As a top-tier global financial center, Singapore boasts robust financial infrastructure and a strong regulatory framework. Building on these regulatory advantages, Singapore has become a hotbed for the thriving Web3.0 ecosystem in Asia and beyond. Previously, the Monetary Authority of Singapore (MAS) introduced a stablecoin regulatory framework, making it one of the first jurisdictions globally to incorporate stablecoins into local oversight. Moving forward, SY Holdings will use Singapore as a springboard for international expansion while actively exploring full integration into the Web3.0 industrial ecosystem. We aim to innovatively merge stablecoins, real-world asset tokenization (RWA), and traditional supply chain assets to 'build bridges and pave the way' for Chinese SMEs' global expansion, helping them better integrate into global industrial supply chains through 'order and capital matching' services." Hashtag: #SYHoldingsThe issuer is solely responsible for the content of this announcement.
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