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Linklogis Releases 2024 Annual Results: Accumulated Transaction Volume Reaching RMB 411.2 Billion, Cash Balance Totaling RMB 5.1 Billion
The company maintains a stable financial position with cash reserve of RMB 5.1 billion. To continuously enhance capital returns to shareholders, the Board of Directors of Linklogis proposes to pay a special dividend of HK$0.03 per share.
Core Business Sustaining Growth, Remarkable Progress in Customer Expansion
In 2024, amidst macroeconomic volatility and ongoing policy support in the supply chain finance technology sector, Linklogis resolutely implemented the dual-wheel development model of ”Strategic Focus + Innovation-Driven”, boosting continued business growth. The total transaction volume processed by its technology solutions reached RMB 411.2 billion, a 28% year-on-year increase. In 2024, the number of anchor enterprise and financial institution customers for Linklogis’ supply chain finance technology solutions increased by 373 to reach a total of 1,108, an increase of 51% from 2023. During 2024, the company has served 377 financial institution customers and partners, including banks, trust companies, insurance asset management companies, securities companies, and fund companies. The overall customer retention rate hit 96%. According to China Insights Consultancy, Linklogis held 21.1% market share, ranking No.1 in the third-party supply chain finance technology solutions providers in China for five consecutive years.
Anchor Cloud and FI Cloud are the key supply chain finance technology solutions of Linklogis, the former including the Multi-tier Transfer Cloud and AMS Cloud, and the latter comprising ABS Cloud and eChain Cloud. In 2024, Anchor Cloud demonstrated strong performance. In the Multi-tier Transfer Cloud segment, the total volume of supply chain asset processed in 2024 amounted to RMB 207.3 billion, representing a year-over-year growth of 52%. The contribution of the Multi-tier Transfer Cloud to the company’s total transaction volume rose to 50%, achieving a customer retention rate of 99%. In the AMS Cloud segment, the total volume of supply chain assets processed reached RMB 75 billion, representing a year-over-year growth of 16%.
In the FI Cloud segment, the total volume of supply chain assets processed by the ABS Cloud in 2024 soared against the market headwind, reaching RMB 54.2 billion, with a 101% year-on-year surge. This remarkable growth was accompanied by notable achievements in product innovations, such as successfully facilitating the issuance of the first Technology Intellectual Property Asset-Backed Note (ABN) in China and assisting Shenzhen Energy Group in issuing the first green asset-backed securities in the Greater Bay Area. In the eChain Cloud segment, the company proactively reduced some low-margin businesses and launched the lightweight one-stop AI Agent for supply chain finance, named “BeeLink AI”, to address the digital transformation needs of financial institutions. The company has formed deep partnership with 18 customers, including Standard Chartered Bank, aiding financial institutions in enhancing operational efficiency.
In 2024, Linklogis strengthened its strategic positioning in core industries such as construction/infrastructure, power equipment, transportation, commerce and retail, successfully achieving business expansion. Linkloigs’ Supply Chain Finance Technology Solutions serve a wide range of anchor enterprises in various sectors and cover all 31 industries listed in the SWS Industry Classification, among which 14 industries contributed more than RMB 5 billion in supply chain asset transactions in 2024. On the anchor enterprise side, the company continued to delve deeply into various regions and industries, focusing on industrial cycle opportunities in “major infrastructure + green energy + advanced manufacturing”, while expanding service networks in key areas such as the Yangtze River Delta, the Beijing-Tianjin-Hebei region, and the Greater Bay Area, transforming more high-quality chain-affiliated ecosystem partners into anchor enterprise customers.
AI Empowering Business Innovation, Driving Intelligent Transformation in the Industry
As a dedicated player in the field of artificial intelligence within China’s supply chain finance technology sector, Linklogis consistently invested into AI technology research and development, as well as application scenarios. This year, based on the LDP-GPT technology, the company innovatively launched the industry’s first lightweight one-stop AI Agent for supply chain finance, named “BeeLink AI”. This platform featured core functions such as multimodal data processing and intelligent review engines, which has been successfully delivered and applied in many financial institutions and won the “Best AI Technology” award from The Asian Banker in 2024. By deepening technical collaboration with DeepSeek large language models, Linklogis aims to further enhance its cognitive engine capabilities, targeting full-process automation in customer management, risk control, and other areas, while significantly reducing operational costs.
In terms of product and scenario innovation, Linklogis has actively accelerated the innovation practice of the “de-anchored” business models for supply chain finance. The company continued to implement data-driven product solutions without clear debtor acknowledgment for comprehensive platform customers, promoting gradual optimization of product portfolios and a steady improvement in revenue quality. During the year, Linklogis partnered with 18 central state-owned enterprises (SOEs) and leading private corporations, including Universal Medical Group, Jiangsu Transportation Holding Group, Yangtze River Industrial Investment Group, Shanghai Urban Construction Group, and Yangtze River Pharmaceutical Group, to implement integrated industry-finance platform projects, further solidifying its leading market position. Additionally, the company is optimizing cross-border cloud services through AI technology. In the overseas market, Linklogis has built full-link logistic financing solutions for logistics service providers of several renowned cross-border e-commerce platforms, significantly improving the efficiency of capital turnover in cross-border trade.
Strategic Acquisitions Expanding Market Reach, Accelerating Global Layout of International Business
Linklogis is unlocking new avenues for growth through strategic acquisitions and globalization strategy. In 2024, the company expanded its business scope and product line by acquiring Shenzhen Bytter Technology Co., Ltd. This transaction will further enrich the company’s product matrix, extending from supply chain financing solutions for upstream and downstream partners of anchor enterprises to group-level capital management solutions. This acquisition will enable Linklogis to provide comprehensive services for upgrading intelligent treasury management platforms, covering from treasury management to supply chain financial system development for central state-owned enterprises (SOEs), large private corporations, and institutional customers, empowering customers to accelerate the establishment of world-class financial management systems.
In the international business segment, the total volume of supply chain assets processed by the Cross-Border Cloud in 2024 reached RMB 20.7 billion, representing a 64% year-over-year growth. Leveraging the dual-engine strategy of “Go Early” and “Go Deep”, Linklogis remains committed to expanding a broad and diverse global partner network, providing cross-border trade financing services for small and medium-sized merchants and helping leading Chinese outbound enterprises expand their global supply chain industry-finance systems. Linklogis announced plans to establish regional operational centers with localized teams in the United States, United Kingdom, and India. These centers will form an integrated operational network with the company’s Asia-Pacific resources at the Singapore international business headquarters, Olea’s industrial ecosystem network in Southeast Asia, and Green Link Digital Bank’s cross-border settlement capabilities. This development marks Linklogis’ advancement into a deeper phase of globalization strategy, comprehensively building a globalized business framework.
Major Milestones in Sustainable Development, Promoting Green Supply Chain Growth
Linklogis actively practices the philosophy of “Technology for Good” and is committed to constructing a new paradigm of digital inclusive finance, centered on the core ESG mission of “technology empowering the development of sustainable supply chain finance”. This year, the assets related to sustainable supply chains processed by Linklogis reached RMB 37.1 billion, representing a significant increase of 93% from last year. The company’s focus areas included renewable energy, rural revitalization, environmental protection, and public health.
Building on the deep integration of ESG principles and industrial digitalization, Linklogis has collaborated with a number of financial institutions since 2022 to jointly explore innovative models of green supply chain finance. This initiative combines AI-driven assessment, environmental pricing mechanisms, and industry-finance collaboration to drive sustainable industrial development. This effort helps thousands and millions of enterprises benefit from digital and technological inclusion, contributing to the development of the real economy and the advancement of the digital economy.
In the ESG field, Linklogis has received widespread industry recognition. The company has received a “Low Risk” rating from the international authoritative ESG rating agency Sustainalytics for three consecutive years. Linklogis was awarded an ESG “A” rating by Wind Information for the first time, ranking 5th among 181 companies in the software services industry assessed. This year, the company was selected for inclusion in the S&P Global’s The Sustainability Yearbook (China Edition) 2024. Linklogis’ ESG solution, “SCeChain” developed in collaboration with Standard Chartered Bank, won the “Best China ESG Solution Award” from The Asset. Linklogis also received the “Excellence in ESG Innovative Practice” and the “Annual ESG Pioneer Award” from Guru Club, as well as the “Most Socially Responsible Public Company” award from Zhitongcaijing, highlighting the company’s outstanding achievements in the field of sustainable development.
Charles Song, the founder, chairman and CEO of Linklogis, said, “In the past year, Linklogis has achieved high-quality growth and innovative breakthroughs. Looking ahead to 2025, Linklogis will focus more on its core business, enhance efficiency, and create new growth curves through the application of AI technology and strategic acquisitions. By focusing on core businesses with long-term revenue sustainability and high profitability potential, Linklogis will optimize resources allocation and implement technology-driven operational efficiency upgrades to return to profitability. Underpinned by stable financial resources, Linklogis will create greater value for its customers, deliver consistent returns to its shareholders, and contribute to the sustainable development of global supply chain finance.”
Hashtag: #Linklogis
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XIXILI Reimagines Plus-Size Lingerie in Malaysia
When One Size Definitely Doesn’t Fit All
XIXILI’s Plus Size Collection flips the narrative that women need to settle for less-than-ideal sizes.
“For too many women, bra shopping has meant settling for sizes that almost fit or styles that prioritise function over fashion,” says XIXILI spokesperson Grace Tan. “Inclusivity is about recognising that every woman deserves access to beautiful, sexy, well-fitted lingerie. That shouldn’t be a problem they have to solve alone.”
To address the challenges of online fitting, XIXILI combines a detailed bra size chart with its pioneering ‘Try-On in 3D’ avatar tool. The feature allows women to generate a personalised digital twin based on specific measurements, enabling them to visualise the fit before purchasing.
Support Without Sacrifice: Plus Size Done Right
The Rufina Full Coverage Full Cup Bra sits at the heart of XIXILI’s Plus Size collection, designed for women who have been told they have to choose between support and style. The Rufina bra offers full coverage support with a contemporary silhouette that works under everything from work blouses to festive party dresses. Engineered specifically for fuller figures, it celebrates natural curves instead of trying to hide or minimise them. It’s the kind of foundation piece that lets you focus on your day, not your discomfort.
“We want every woman to feel supported, comfortable, and beautiful in whatever she’s wearing,” says Grace Tan. “Whether it’s for work, family gatherings, or special occasions, the right fit makes all the difference to daily comfort and confidence.”
Empowering Women With Knowledge, Not Just Options
XIXILI recognises that offering more sizes is only half the equation. Many women have spent years navigating limited options without proper guidance on finding their actual measurements.
The brand addresses this through interactive bra size charts, how-to-measure videos, and one-on-one personalised fittings at boutiques nationwide. By equipping women with the tools and knowledge to identify their true size, XIXILI transforms what can be a frustrating shopping experience into a more confident and informed process.
As Christmas shopping gets underway, the Plus Size Collection offers both a thoughtful gift for loved ones and an opportunity for self-care during the busy holiday season.
For more information and to discover the full range, visit XIXILI’s website.
Hashtag: #XIXILI
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The issuer is solely responsible for the content of this announcement.
XIXILI
A homegrown Malaysian brand, XIXILI offers beautiful fashion lingerie and shapewear in Malaysia that prioritises fit and comfort. With an extensive range of bra sizes from A to I and bands 65 to 110cm, XIXILI caters to women of all shapes and sizes. Expert fitters are dedicated to helping each customer find the perfect bra, boosting confidence and enhancing silhouettes.
XIXILI became the first Malaysian lingerie brand to introduce a Try-On in 3D avatar tool, allowing customers to virtually try on XIXILI lingerie using a 3D avatar tailored to their specific body type and measurements. Whether for everyday wear or something special, XIXILI ensures women always look and feel amazing.
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Essential Document Checklist for SIM Applications
Preparation Is Key
SIM reviews thousands of applications each year, and incomplete submissions remain one of the primary causes of processing delays. Early preparation of all required documents is essential to ensure a seamless application experience and allow applicants to remain focused on their academic objectives. As stipulated in SIM’s Application Process Guide, all supporting documents must be uploaded at the point of application and submissions lacking these documents will not be processed.
The Core Documents Every Applicant Needs
Prior to applying to the Singapore Institute of Management (SIM), applicants should ensure that all required documents are prepared to prevent processing delays. Scanned copies of academic certificates and transcripts, such as GCE ‘O’ and ‘A’ Levels, diplomas or degrees must be provided, along with certified translations and notarisation for documents not in English.
Proof of English language proficiency, such as IELTS or TOEFL results, is mandatory for applicants whose previous education was not conducted in English. Identification documents are also required, including the NRIC for local applicants and a valid passport for international applicants, accompanied by a recent passport-sized photograph that complies with SIM’s specifications.
International applicants must additionally prepare documentation for the Student’s Pass application, which includes the passport bio-data page, birth certificate, evidence of financial capability, and, where applicable, parent or guardian identification documents.
Quick Tips to Avoid Delays
Submitting an application to the SIM can be a straightforward process with proper preparation. Ensure that all documents are uploaded in the correct format, with PDF being the standard for certificates and transcripts. For documents not in English, certified translations must be provided to prevent rejection or requests for re-submission.
Applicants should also adhere to SIM’s photo specifications by submitting a recent passport-sized photograph that meets official guidelines. International students must pay particular attention to financial documentation, as proof of financial capability is a key requirement for the Student’s Pass application. Bank statements and supporting documents should be prepared in advance to comply with Immigration & Checkpoints Authority (ICA) requirements. Following these steps will help avoid unnecessary delays and ensure a smooth application process.
Application Essentials
Prospective students are advised to submit a complete and accurate application to ensure smooth processing. Detailed instructions and programme-specific requirements can be found on SIM’s official application portal. Applications that are incomplete or contain inaccuracies will not be considered. To avoid delays, applicants should make use of the provided checklist and guidelines to confirm compliance before submission.
References:
- SIM Application Process – https://www.sim.edu.sg/degrees-diplomas/admissions/application-process
Hashtag: #SIMGlobalEducation #SIMGE
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About SIM Global Education
SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.
SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.
For more information on SIM Global Education, visit sim.edu.sg
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Vinfuture 2025 Honors Four Groundbreaking Scientific Achievements Under The Theme “Rising And Thriving”
The 2025 VinFuture Prize Award Ceremony was broadcast live on VTV1, the national television channel of Vietnam. The event was attended by Mr. Tran Thanh Man, Politburo member and Chairman of the National Assembly, along with leaders of central ministries and agencies, representatives of embassies and international organisations, and distinguished scientists from around the world.
The VinFuture Prize 2025 received 1,705 nominations from scientists, research institutions, and technology enterprises worldwide, representing an almost threefold increase relative to the inaugural year. These submissions highlight impactful cross-border research efforts focused on protecting public health, advancing next-generation intelligent materials, addressing climate change, accelerating novel energy solutions, and strengthening global food security frameworks.
The 2025 VinFuture Grand Prize valued at US$3 million is awarded to Dr. Douglas R. Lowy, Dr. John T. Schiller, Dr. Aimée R. Kreimer and Prof. Maura L. Gillison (USA) for discoveries and development of HPV vaccines for prevention of tumors caused by human papillomaviruses.
Foundational studies on HPV capsid proteins by Drs. Douglas Lowy and John Schiller led to the development of highly effective HPV vaccines, preventing millions of cervical cancer cases, especially in developing countries. Furthermore, the single-dose vaccination regimen developed by Dr. Aimée Kreimer – now recommended by the World Health Organization (WHO) – has significantly expanded vaccine access for populations worldwide.
In parallel, laboratory and epidemiological studies by Prof. Maura Gillison and Dr. Aimée Kreimer established the link between HPV and head-and-neck cancers, which represent an emerging cancer threat expected to be mitigated by HPV vaccination efforts. The achievements of Dr. Douglas Lowy, Dr. John Schiller, Dr. Aimée Kreimer, and Prof. Maura Gillison have already saved millions of lives and will keep lowering the global cancer burden for decades to come.
In addition to the Grand Prize, the 2025 VinFuture Prizes will also present three Special Prizes, each valued at US$500,000, recognizing Innovators from Developing Countries, Women Innovators, and Innovators with Outstanding Achievements in Emerging Fields.
The 2025 VinFuture Special Prize for Innovators from Developing Countries is awarded to Prof. María Esperanza Martínez-Romero (Mexico) for advances in microbial ecology and symbiotic nitrogen fixation in the tropics. Prof. Martínez-Romero has discovered and described numerous new Rhizobium species, significantly expanding scientific understanding of microbial taxonomy and plant-microbe interactions in agriculture. Her work has opened new directions in the study of bacterial-plant symbiosis, with profound implications for sustainable agriculture in resource-limited settings.
The 2025 VinFuture Special Prize for Women Innovators is awarded to Prof. Mary-Claire King (USA) for identification of the breast and ovarian cancer susceptibility gene BRCA1, laying the foundation for genetic testing, screening programs, and personalized treatment. Her landmark identification of the BRCA1 locus on chromosome 17q21 in 1990, before the human genome was sequenced, is considered a historic milestone, demonstrating the genetic basis of cancer risk and transforming prevention and treatment strategies worldwide.
The 2025 VinFuture Special Prize for Innovators with Outstanding Achievements in Emerging Fields has honored Prof. Venkatesan Sundaresan (USA), Prof. Raphaël Mercier (Germany), Dr. Emmanuel Guiderdoni (France), Dr. Imtiyaz Khanday (USA) and Dr. Delphine Mieulet (France) for innovations in the development of clonal hybrid crops. Hybrid seed production for rice, the staple food for more than half of humankind, is a laborious and costly procedure resulting in a high seed cost. The team’s work has enabled rice plants to produce seeds that retain all the superior traits of the parent plant through self-pollination, grounded in new insights into developmental biology and genetics. This groundbreaking research improves yields, reduces seed production costs, and advances sustainable global food security.
Sharing his reflections on this year’s honored works, Prof. Sir. Richard Friend, Chair of the VinFuture Prize Council, stated: “The 2025 VinFuture Prize Laureates have made big advances in science that have brought direct benefits to human health and to global sustainable food crop production. From new vaccines and new understanding of genetic susceptibility to disease to new approaches for plant breeding and new protocols for healthy crop growth, these achievements exemplify the power of science driven by compassion and cross-border collaboration – showing that when knowledge serves humanity, it not only deepens our understanding of the world but also strengthens and sustains the very foundations of life itself.”
After five consecutive and widely acclaimed award cycles, the VinFuture Prize has been securing recognition among the world’s most prestigious science and technology awards, receiving 6,132 nominations from nearly 110 countries and territories across five continents, and honoring 48 outstanding laureates. The awarded innovations—spanning clean energy, artificial intelligence, biomedical technologies, and transformative advances in agriculture—are elevating quality of life, strengthening human well-being, and shaping strategic pathways for the future of humanity.
The VinFuture Prize Ceremony and VinFuture Sci-Tech Week have evolved into an established global platform for scientific exchange, bringing together scientists, policymakers, and business leaders to advance collaborations toward a sustainable, humane, and prosperous future.
Notably, after five award seasons driven by persistent efforts to connect global scientific excellence with the Vietnamese research community, the VinFuture Foundation and the VinFuture Prize have not only fostered new opportunities and momentum for national science, but have also strengthened Vietnam’s standing as a trusted destination for the world’s scientific community—where innovation is widely shared and amplified for the collective prosperity of humankind.
Hashtag: #Vinfuture
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