Customer and Partner Growth - The total number of cumulative platform customers exceeded 18,100, representing an increase of approximately 18.3% compared to over 15,300 as of December 31, 2023[3]. - The number of funding partners increased by 24.4% to 163, with a total funding limit exceeding RMB 36.6 billion, a significant increase of approximately 57.8% from over RMB 23.2 billion as of December 31, 2023[3]. Financial Performance - Net profit increased by approximately 36.9% to RMB 390.9 million from RMB 285.5 million for the year ended December 31, 2023[5]. - The company's main business revenue and income were approximately RMB 919.4 million, a slight decrease of about 4.6% year-on-year[5]. - The total revenue for the year ended December 31, 2024, decreased by 4.6% to RMB 919.4 million from RMB 963.5 million in 2023, primarily due to the impact of the sale of Wuxi Guojin Commercial Factoring Co., Ltd. in February 2024[19]. - The net profit for the year increased by 36.9% to RMB 390.9 million, compared to RMB 285.5 million in 2023[18]. - Adjusted net profit increased by 17.7% year-on-year to RMB 343.3 million, compared to RMB 291.6 million in the previous year[30]. Revenue Breakdown - Platform technology service revenue was RMB 346.6 million, a substantial increase of approximately 103.6% compared to RMB 170.2 million for the year ended December 31, 2023[3]. - Digital financial solutions revenue fell by 27.8% year-on-year to RMB 521.9 million, mainly due to the sale of Wuxi Guojin and a shift towards a light asset operation strategy[22]. - The revenue from supply chain asset refinancing decreased by 27.8% year-on-year to RMB 50.9 million, down from RMB 70.5 million in the same period last year[23]. - Other income increased by 208.4% year-on-year to RMB 72.9 million, compared to RMB 23.6 million in the previous year, primarily due to gains from revaluation of previously held interests in associates and increased fair value gains on other financial assets[24]. Strategic Initiatives - The company has established strategic partnerships in the cross-border e-commerce sector, aiming to unlock nearly RMB 100 billion in business scale through collaboration with Sinbada[10]. - The company is actively expanding into new industries, including e-commerce and robotics, with a potential market size exceeding RMB 10 trillion and over 10 million potential customers[9]. - The company plans to enhance operational efficiency by at least 50% by 2025 through AI-driven data analysis and processing capabilities[16]. - The company has signed a strategic cooperation framework agreement with Wuxi Economic Development Zone to establish a digital ecosystem hub in East China[17]. Research and Development - Research and development investment exceeded RMB 250 million, with R&D personnel accounting for nearly 30% of the workforce[8]. - Continued investment in R&D focusing on data, models, and computing power to support the growth of small and medium-sized enterprises[73]. Shareholder Returns - The company proposed a dividend of RMB 0.347 per ordinary share, compared to HKD 0.269 per share for the year ended December 31, 2023[3]. - The board proposed a final dividend of RMB 0.347 per ordinary share for the year ended December 31, 2024, compared to HKD 0.269 per share for the year ended December 31, 2023[52]. Asset Management - The total amount of supply chain assets processed by the platform reached approximately RMB 249 billion, an increase of about 29.0% from RMB 193 billion as of December 31, 2023[3]. - The average daily balance of proprietary supply chain assets decreased by 27.2% to RMB 5,778.9 million, primarily due to the classification of Wuxi Guojin as held for sale[33]. - The total value of supply chain assets as of December 31, 2024, was secured by trade receivables, with RMB 217.1 million backed by commercial acceptance bills received from customers[34]. Financial Position - The group's total liabilities were RMB 15,883,238,000, with current liabilities at RMB 6,684,916,000[93]. - The group's leverage ratio as of December 31, 2024, was 1.58, improved from 1.91 as of December 31, 2023[51]. - The company’s total assets decreased to RMB 7,513,121 thousand in 2024 from RMB 9,617,336 thousand in 2023, a decline of about 21.8%[100]. Compliance and Governance - The company has maintained compliance with applicable regulations as confirmed by the board[80]. - The company has adhered to corporate governance codes since its listing on July 6, 2017, and continues to comply as of December 31, 2024[91]. Acquisitions and Investments - The company acquired 100% equity of Mingfeng Holdings Limited in July 2024, aiming to expand its supply chain financing and investment business[155]. - The total consideration for the acquisition of Mingfeng is RMB 789,796,000, which includes cash of RMB 300,000,000 and contingent consideration of RMB 489,796,000[156].

香港交易及結算所有限公司以及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或 任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 SY HOLDINGS GROUP LIMITED 盛業控股集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：6069） 自願性公告 與辛巴達達成戰略合 作 助力中國 產 業帶與跨境電商平台加速「出 海」 本 公 告 乃 由 盛 業 控 股 集 團 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）自 願作出。 本公司董事會（「董事會」）欣然宣佈，本公司與辛巴達（廣州）科技有限公司（「辛巴達」） 達 成 戰 略 合 作（「戰略合作」），雙 方 將 在 跨 境 電 商 領 域 的 供 應 鏈 普 惠 金 融 等 領 域 展 開 深 入 合 作，鏈 接 跨 境 電 商 平 台 供 應 鏈 和 生 態 圈，將 供 應 鏈 普 惠 金 融 服 務 由 境 內 延 伸 到 境 外，助 力「走 出 去」企 業 的 全 球 產 業 供 應 鏈 拓 展 和 全 球 工 廠 布 局，此 ...

承董事會命 盛業控股集團有限公司 SY HOLDINGS GROUP LIMITED 盛業控股集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：6069） 董事會會議通告 盛業控股集團有限公司（「本公司」）董事會（「董事會」）茲通告謹定於2025年3月17日（星 期 一）舉 行 董 事 會 會 議，以 考 慮 及 通 過 本 公 司 及 其 附 屬 公 司 截 至2024年12月31日 止 年 度 的 綜 合 全 年 業 績 及 其 發 佈，及 考 慮 派 發 末 期 股 息 之 建 議（如 有）。 香港交易及結算所有限公司以及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或 任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本公告中英文版本如有任何不一致之處，概以英文版本為準。 B_table indent_4.5 mm N_table indent_4 mm Tung Chi Fung 主 席 香港，2025年3月3日 於本公告日期，董事會包括兩名執行董事：Tung Chi Fung先生及王瑩女士；一名非 執行董 ...

香港交易及結算所有限公司以及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或 任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 SY HOLDINGS GROUP LIMITED 盛業控股集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：6069） 自願性公告 全面接入DeepSeek大 模 型，探 索「AI+產業供應鏈」 的創新應用 本 公 告 乃 由 盛 業 控 股 集 團 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）自 願作出。 – 1 – B_table indent_4.5 mm N_table indent_4 mm 深度融合AI技 術 於 供 應 鏈 金 融「反 欺 詐」 DeepSeek大模型在供應鏈金融「反欺詐」中展現出獨特的適配性，與本集團「重交易、 輕主體」的風控理念高度契合。盛易通雲平臺藉助DeepSeek強大的數據處理和邏輯 推理等能力，可快速解析合同、交易單據、到貨視頻、輿情信息等海量非結構化數 據，並 對 這 些 多 維 度 數 據 展 開 深 度 挖 掘 ...

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 13.42 HKD, representing a potential upside of over 20% from the current price of 8.1 HKD [6][5]. Core Insights - The company is expected to achieve a net profit of 371 million CNY in 2024, reflecting a year-on-year increase of approximately 30%, indicating the success of its new platform-based development strategy [1]. - The revenue from platform technology services has significantly increased, accounting for about 40% of total revenue in 2024, up from 18% in 2023, showcasing the effectiveness of the company's platformization strategy [2]. - The company has established strong partnerships with over 138 funding partners, marking a growth of 13.1%, and is poised for rapid replication of its successful joint venture model with state-owned enterprises [2]. - The company anticipates deep cooperation with over 10 core state-owned enterprises across various industries, including infrastructure and healthcare, with a projected 180% year-on-year increase in daily average balance of platform services [3]. - The company is expanding its business into new sectors, such as e-commerce supply chain services, while maintaining rapid growth in its existing operations, which is expected to create new revenue streams [4]. Summary by Sections Financial Performance - The company forecasts revenue for FY2024 to be adjusted to 941 million CNY, with net profit estimates revised to 347 million CNY, reflecting strong growth expectations [5]. Market Position - The company is well-positioned in the supply chain technology sector, with robust customer acquisition and risk management capabilities, which are expected to drive future growth [5]. Strategic Development - The company is focusing on enhancing its service capabilities to support the real economy, particularly in inclusive finance, and aims to expand its service scale and supply chain asset size [3][4].

正面盈利預告 本 公 告 乃 由 盛 業 控 股 集 團 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）根 據 香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則（「上市規則」）第13.09條及香港法例第571 章證券及期貨條例第XIVA部 項 下 內 幕 消 息 條 文（定 義 見 上 市 規 則）而 作 出。 本 公 司 董 事（「董 事」）會（「董事會」）欣 然 向 本 公 司 股 東（「股 東」）及 有 意 投 資 者 報 告， 根據本公司目前可得資料及對本公司截至2024年12月31日止年度未經審核綜合管 理 賬 目 的 初 步 評 估，預 計 本 公 司 截 至2024年12月31日止年度的溢利較截至2023年 12月31日止年度增加超過30%。預期增加主要由於： 香港交易及結算所有限公司以及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或 任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 SY HOLDINGS GROUP LIMITED 盛業控股集團有限公司 （於開曼 ...

SY HOLDINGS GROUP LIMITED 盛業控股集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：6069） 可持續發展委員會－職權範圍 於2024年11月29日 經 本 公 司 董 事 會（「董事會」）批 准。 任何該等成員須就存在該等利益的委員會決議案放棄投票，亦須放棄參與有 關 該 等 決 議 案 的 討 論，（如 董 事 會 要 求）甚 或 辭 去 委 員 會 職 務。 – 1 – B_table indent_4.5 mm N_table indent_4 mm 1. 成 員 1.1 可 持 續 發 展 委 員 會（「委員會」）由 董 事 會 不 時 委 任 的 董 事 組 成，人 數 不 少 於三名。 1.2 委員會主席由董事會委任，並由執行董事擔任。 1.3 委員會成員之任期須由董事會釐定。董事會可撤回委員會成員的委任。 倘委員會成員不再為董事會成員，則該成員的委任將自動撤回。 1.4 除 非 委 員 會 另 行 委 任，否 則 公 司 秘 書 為 委 員 會 秘 書。倘 公 司 秘 書 缺 席， 則委員會其中一名成員或其代理人須擔任秘書。 1.5 各成員須向委員會披露以下 ...

董事名單與其角色和職能 自2024年11月29日 起，盛 業 控 股 集 團 有 限 公 司 董 事 會（「董事會」）成 員 載 列 如 下： 執行董事 Tung Chi Fung （主席） 王 瑩 非執行董事 SY HOLDINGS GROUP LIMITED 盛業控股集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：6069） 獨立非執行董事 主席－相關董事委員會的主席成員 成員－相關董事委員會的成員 Fong Heng Boo 鄧景山 陳玉英 孫偉勇 董 事 會 成 立 四 個 董 事 委 員 會。下 表 提 供 各 董 事 會 成 員 在 有 關 董 事 委 員 會 中 所 擔 任 的職位。 | | 董事委員會 | 審核委員會 | 提名委員會 | 薪酬委員會 | 可持續委員會 | | --- | --- | --- | --- | --- | --- | | 董 事 | | | | | | | Tung Chi Fung | | – | 主 席 | 成 員 | – | | 王 瑩 | | – | – | – | 主 席 | | 盧偉雄 | | 成 員 | – | – | 成 員 | | Fo ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部 或 任 何 部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 SY HOLDINGS GROUP LIMITED 王女士 盛業控股集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：6069） (I) 委任執行董事； (II) 獨立非執行董事辭任； (III) 董事委員會組成變更； (IV) 成立可持續委員會及委任委員會成員；及 (V) 根據購股權計劃授出購股權 本 公 告 由 盛 業 控 股 集 團 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）根 據 香 港 聯 合 交 易 所 有 限 公 司（「聯交所」）證 券 上 市 規 則（「上市規則」）第13.51(2)條及第 17.06A條作出。 (I) 委任執行董事 本公司董事（「董事」）會（「董事會」）謹此宣佈，自2024年11月29日起，王瑩女士（「王 女 士」）已 獲 委 任 為 本 公 司 執 行 董 事。 – ...

Summary of the Conference Call Company Overview - The company operates in the supply chain finance sector as a technology platform, having assisted over 17,000 small and micro enterprises in obtaining financial services exceeding 210 billion RMB [1][2]. - The company aims to enhance supply chain efficiency and reduce financial costs through a digital ecosystem tailored for small and medium enterprises [2]. Core Business Model - The company started as a factoring company in 2013 and has evolved into a supply chain platform, focusing on breaking the limitations of traditional on-balance sheet funding [3][4]. - The current business model integrates technology to provide more accessible financial services to small and micro enterprises, with a focus on three major industries: infrastructure, pharmaceuticals, and energy [4][5]. Financial Performance - The company reported a supply chain asset balance of 23.9 billion RMB, with a year-on-year increase of 70% [19]. - The platform's technology service revenue is expected to reach 50% by 2025, with a current mid-year share of 35% [7][19]. - The company maintains a low bad debt ratio of less than 1% over the past ten years, with a commitment to a 90% dividend payout ratio for the next three years [19][20]. Strategic Partnerships and Growth - The company has established partnerships with several state-owned enterprises and financial institutions, enhancing its funding capabilities [2][17]. - The company is expanding into e-commerce and renewable energy sectors, collaborating with platforms like Douyin and Pinduoduo [17][28]. Risk Management - The company employs a differentiated risk control logic, focusing on the authenticity and reasonableness of accounts receivable, which allows it to serve clients who may not qualify for traditional bank loans [9][12]. - The risk control framework includes continuous monitoring and validation of data from various sources, ensuring a robust assessment of financial assets [12][13]. Future Outlook - The company anticipates steady growth in supply chain asset management, with a focus on maintaining high-quality assets while expanding its funding sources [26][29]. - The management has set a conservative growth estimate of over 10% annually for the next few years, with a focus on enhancing the quality of supply chain assets [29]. Key Takeaways - The company is positioned as a leading player in the supply chain finance sector, leveraging technology to provide innovative financial solutions [20]. - The commitment to high dividend payouts and a strong growth trajectory makes the company an attractive investment opportunity [20][31]. - The strategic partnerships and expansion into new markets are expected to drive future growth and stability [17][19].