SY Factoring, the First Domestic Factoring Company Approved to Set Up a National Post-Doctoral Research Center

  2021-06-01

Sheng Ye Capital Limited (“SY Capital”, together with its subsidiaries, the “Group”, HKEx: 6069), China’s first commercial factoring company listed on the main board of the Hong Kong Stock Exchange announced that its subsidiary, SY Factoring Limited (“SY Factoring” or the “Company”) has been officially approved to become the first domestic factoring company to set up a national post-doctoral research center, and is qualified to recruit post-doctoral researchers.

A post-doctoral research center is characterized by an organization within an enterprise, research and production related business unit or special regional institution, that is approved to enrol and develop post-doctoral researchers. The center will effectively combine industrial, academic and research capabilities to enhance a company’s in-house innovation, playing a significant role in attracting post-doctoral talents, reinforcing technology innovation within a company, and promoting conversion of technological achievements.

SY Capital adopts a “people-oriented” corporate culture. People are its most important asset, and the Group prioritizes their development and function in the organization. The Group continuously recruits outstanding professionals, to bring in a constant supply of new talent. Through professional leadership and the hard work of all employees, SY Capital has won Factoring Industry Association’s industry contribution honors awards repeatedly over a number of years.

The approval of SY Factoring’s post-doctoral research center signifies the recognition of the Group’s distinctive advantage in technology innovation and research for supply chain financing. Going forward, SY Capital will maintain operational compliance and proactively support the development of national policies, striving to boost employee capabilities and professional qualities. Professional group talent will drive the steady enhancement of SY Capital’s overall competency and the healthy development of the industry.