Business Daily Media

Men's Weekly

.

SY Holdings Establishes Singapore International Headquarters to Explore Web3.0 Ecosystem and Innovative Applications of Stablecoins

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: #SYHoldings

The issuer is solely responsible for the content of this announcement.

News from Asia

Skyborn enters Preferred Supplier Agreement with Fred. Olsen Windcarrier for Gennaker offshore installation vessel

Gennaker's offshore wind turbine transportation and installation will be performed by Fred. Olsen Windcarrier (Fred Olsen). Installation of 63 offshore wind turbines during 2028 i...

Cyberport Leads Nine Start-ups to Join WAIC 2025

Project from the Artificial Intelligence Subsidy Scheme Shortlisted for Top 30 of the SAIL AwardHONG KONG SAR - Media OutReach Newswire - 29 July 2025 - World Artificial Intelligence Conference 20...

Henan Meets SCO: Anyang Receives Acclaim from Media and Think Tank Guests

ANYANG, CHINA - Media OutReach Newswire - 29 July 2025 - From July 23 to 27, the Shanghai Cooperation Organization Media and Think Tank Summit was held in Henan Province. During this event, guests...

SY Holdings Establishes Singapore International Headquarters to Explore Web3.0 Ecosystem and Innovative Applications of Stablecoins

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 com...

LANDMARK Invites the Community to 'Find Your Chapter' and Celebrate the Love of Reading This Summer

Rediscover the Joy of Reading This Summer at LANDMARK, Featuring an Engaging Book Stop Pop-Up, Exclusive Promotional Offers, and Curated Literary Experiences for All Ages. HONG KONG SAR - Media Ou...

Seafood Expo Asia Announces Conference Program with Expert-led Sessions on Sustainability, Aquaculture, Fish Processing, Aquafeeds and Consumer Trends in Asian Market

The conference program will begin on the first day of the Expo, which runs from 10-12 September 2025 at the Sands Expo and Convention Centre in Singapore, and continue throughout the three-day even...

Suanova Information, a Yeebo’s Subsidiary, Makes Its Debut at the 2025 WAIC

Securing a Key Role in China's AI Computing Power Sector Driving Industry Innovation and DevelopmentHONG KONG SAR - Media OutReach Newswire - 30 July 2025 - Suanova Information (Shanghai) Limited ...

Storefriendly Introduces New Self-Service Storage System & IoT-Driven Smart Management — Enhanced Facilities to Meet Evolving Customer Needs

HONG KONG SAR - Media OutReach Newswire – 30 July 2025 - Storefriendly Self Storage Group has recently been honored with the prestigious "I&T Award (Hong Kong)" and "ESG Award (Hong Kong)" by ...

Kim Gan Enterprise Commemorates 24 Years in the Automotive and Industrial Supply Sector

SINGAPORE - Media OutReach Newswire - 30 July 2025 - Kim Gan Enterprise Pte. Ltd., an auto parts supplier in Singapore, is celebrating its 24th anniversary this year. Since its founding in 2001, ...

Letright Spotlighted In Nikkei Bizruptors For Revolutionizing Sustainable Luxury In Outdoor Living.

Recognition by Nikkei BizRuptors underscores Letright’s role in redefining eco-conscious luxury in global outdoor livingKUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 30 July 2025 - Letright I...

Small-Business Cash-Flow Playbook 2025

An educational guide to managing ATO debt, real-time super and growth finance in Australia’s new landscape Why ATO debt just became the most expe...

Landowners Offered $30,000 Per Year for Just 1 Hectare: The Rise of 5MW Battery Projects Across Australia

In a pivotal shift reshaping Australia’s renewable energy landscape, landowners in Queensland, New South Wales, and Victoria are being offered up ...

Major national security tech alliance launches with Aerologix a founding member

Australia’s leading drone intelligence pioneer bolsters sovereign tech power Australia’s leading aerial data and drone intelligence platform, Aer...

Chris Hancock AM Honoured as 2025 Communications Ambassador

SYDNEY Chris Hancock AM, former CEO of AARNet, has been awarded the prestigious Communications Ambassador title at the 2025 Telecommunications Indus...

Baby boomers are driving development feasibility leading to larger apartments

As residential developers continue to grapple with feasibility issues on apartment projects, the sector is struggling to deliver volumes of new st...

Hays launches FY25/26 Salary Guide: ‘Salary Paradox’ deepens as pay rises fail Australians

Rising dissatisfaction with pay, progression and perks is fuelling a new wave of career change in FY25/26, as Australians demand more from employe...

Sell by LayBy