EQS-News / 20/07/2021 / 15:32 UTC+8
[Press Release]
Sheng Ye Information Technology Accelerates Initiatives in Medical SPD Smart Supply Chain Services, Continues to Build
Industrial IoT Platform
Hong Kong, July 20, 2021 - Under its "Dual-Engine, One Platform" strategy unveiled earlier this year, Sheng Ye Capital
Limited ("SY Capital" or the "Company", HKEx: 6069), a leading supply chain fintech platform, has doubled down on its R
&D efforts and marketing initiatives in Internet of Things ("IoT") technology and Software-as-a-Service ("SaaS")
solutions, in a bid to further strengthen its leading position in the supply chain digitalization domain. In addition,
the Company is also actively offering innovative digital services, including smart construction site and building
digitalization solutions, as well as integrated smart pharmaceutical supply, processing and distribution ("SPD")
services. With its industrial technology capabilities, the Company aims to further penetrate the supply chain ecosystem
in the infrastructure and medical sectors, overcome data barriers, and cater to the needs of customers with one-stop
smart supply chain management and financing solutions.
Under the backdrop of an increasingly competitive healthcare market, the management and cost control of medical
supplies, including medication, medical consumables and reagents, has become an important part of hospital operations.
However, the traditional management approach currently employed are unable to satisfy the needs of the hospitals. The
management of medical supplies is increasingly becoming refined and scientific, as hospitals strive to meet higher
management and cost control standards to enhance competitiveness. In addition, with the introduction of new medical
reforms such as streamlined invoicing systems, zero-markup drug policy and separation of prescribing and dispensing,
hospitals face an urgent need to improve the quality of their management and services, driving them to enhance
cooperation with professional pharmaceutical and medical companies as well as digital supply chain services providers.
SPD supply chain management is short for supply, processing and distribution. Medical SPD management ("medical SPD")
originated from the supply chain integration theory based on a classic model of lean management. Designed under the
principle of ensuring the quality and safety of medical consumables to meet clinical needs, medical SPD is a
centralized logistics management model empowered by logistics information technology ("LIT") and professional
procedural management which coordinates the alignment of internal needs with external suppliers. It enables the
consumables management department to monitor the process end-to-end, from supplies, processing, to distribution of
medical consumables for the entire hospital. Medical SPD integrates supply chain management software and SaaS
solutions, IoT devices and big data analytics to fully optimize the hospital's entire information management process.
By improving warehouse efficiency and ensuring accuracy of inventory data, together with automated settlement of
medical supplies after consumption, enables zero inventory which significantly reduces the cost of manual labor. The
SPD system also features end-to-end barcode tracking, inventory alerts and automatic restocking, effectively reducing
shortages and ensuring the optimal use of medical consumables.
As a national high-tech enterprise, Sheng Ye Information Technology Services (Shenzhen) Co., Limited ("SYIT"), a
subsidiary of SY Capital, has started to accelerate R&D efforts in medical supply chain SaaS solutions. Leveraging its
eight-year track record in the medical supply chain segment, SYIT has also signed strategic cooperation agreements with
the provincial platforms of several large state-owned medical enterprises. By harnessing IoT and artificial
intelligence technologies, SYIT will provide integrated, customized and more efficient medical SPD solutions to
hospitals covered by these medical enterprises. In addition, SYIT will continue to invest in industrial SaaS and the
IoT domains as part of its broader initiative to build an integrated smart supply chain service platform for strategic
industries, in particular new infrastructure, healthcare, and new energy.
- END -
About Sheng Ye Capital Limited (HKEx: 6069.HK)
Sheng Ye Capital (6069.HK) is a leading supply chain fintech platform. Through its Dual-Engine, One-Platform strategy,
the company harnesses industrial technology and digital finance to create a comprehensive supply chain finance
ecosystem. SY Capital leverages big data analytics to provide intelligent matching of assets to capital, offering a
one-stop SaaS and fintech solution for enterprises and financial institutions, while effectively addressing the
financing needs and pain points of SMEs within the supply chain ecosystem.
Sheng Ye Capital is listed on the Main Board of the Hong Kong Stock Exchange and is also a constituent of the MSCI
Small Cap China Index, Hang Seng Composite Index and Shenzhen-Hong Kong Stock Connect. Some of the company's notable
institutional investors include China Taiping Insurance, Olympus Capital and Temasek Holdings.
Media Contact
Sheng Ye Capital Limited
Kaylee Zhang
Tel: 0755-6188 0088-842
Email: kaylee.zhang@shengyecapital.com
Christensen China Limited
Shirley Chan
Tel: +852 2232 3933
Email: schan@christensenir.com
20/07/2021 Dissemination of a Marketing Press Release, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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July 20, 2021 03:32 ET (07:32 GMT)
