Recently, the 14th China Steel Summit and 2022 Steel Industry Outlook Conference was successfully held by ZGW.com and Tianjin You Fa Steel Pipe Group at the Zhengzhou International Convention and Exhibition Centre, under the guidance of China Metallurgical Industry Planning and Research Institute and China National Association of Metal Material Trade. Mr. Qin Kai, director of the Industrial Finance department of Sheng Ye Capital Limited (“SY Capital” or the “Company”, stock code: 6069.HK), was invited to the conference and delivered a speech during the special forum session named “2021 Steel Supply Chain Summit”.

The steel supply chain has witnessed a rising trend of informatization and digital transformation in recent years. Meanwhile, questions have arisen on how to improve the practical application of digital innovation in the steel industry, and how to better apply big data and other technologies to enterprise management. A number of well-known companies also shared their best practice and experiences in the steel supply chain during the sessions at the event.

With the theme of “New Ecosystem, New Mindset, and New Development”, the conference encouraged in-depth discussions and exchange on the sustainable development of China’s steel industry and how to cope with the changing steel trading environment. Nearly 1,000 guests from state ministries and commissions, Henan provincial and municipal governments, national business associations, and enterprises in the industry attended the summit. They were joined by another 200,000 participants through online live streaming, discussing the future development and empowering the optimization and upgrading of the steel industry chain.

Mr. Qin Kai delivered a speech entitled “Integrated Development of Supply Chain Finance and Steel Industry” at the forum, describing SY Capital’s rich practice in the field of industry-finance integration, and focusing on how SY Capital solves the problem of capital supply in the steel industry, while leveraging supply chain SaaS and industrial Internet of Things solutions to empower the smart upgrade of the industry.

Mr. Qin Kai delivers a speech at the event

Going forward, SY Capital will continue to deepen the high-quality integration of industry and finance, further promote the digital upgrade of industrial supply chains, and build a smart supply chain service ecosystem.