Under the epidemic, the overseas market layout of Yusys Technologies Co.Ltd(300674) is still accelerating. Recently, Yusys Technologies Co.Ltd(300674) signed a strategic cooperation agreement with Jiaji (Shanghai) Technology Service Co., Ltd. (hereinafter referred to as “Jiaji”), a holding subsidiary of Huaqin Technology Group (hereinafter referred to as “Huaqin technology”). Relying on their respective advantages in the field of financial technology, the two sides will carry out in-depth cooperation in product promotion, technical consultation, project delivery, it technical personnel training, etc., and jointly explore the global financial technology market.
Huaqin technology is a world leading information technology consulting and solution service provider focusing on banking, insurance and finance. It is a NASDAQ listed company. Since its establishment for more than ten years, Huaqin technology has dozens of delivery centers and R & D centers all over the Asia Pacific region and the Americas, and its service network has been extended to customers in financial and technology industries such as global banking, wealth management, e-commerce and automobile.
As one of the leaders in China’s largest financial technology solutions market, Yusys Technologies Co.Ltd(300674) has served more than 1000 financial institutions outside China and deeply covered all kinds of banking institutions. After 22 years of deep cultivation, Yusys Technologies Co.Ltd(300674) has the most complete product line in the industry, which can meet all the it needs of a bank to open its door and do business. Moreover, the company has long maintained an industry-leading position in the Bank Of China Limited(601988) IT solution segments such as credit, data, supervision, online loan and cloud solutions.
In this strategic cooperation, the two sides will give full play to their respective advantages, cooperate and develop, and jointly bring higher quality financial technology solutions to global industry customers. Based on Yusys Technologies Co.Ltd(300674) industry-leading financial technology products and technical advantages, with Huaqin technology’s rich project implementation experience and unique overseas channel promotion resources in many countries around the world (Southeast Asia, Japan and the United States), the two sides will work together to promote the localized R & D, sales and delivery of financial technology products including credit management systems, asset management platforms and data products, Quickly open overseas markets with strong competitiveness and help global financial institutions better embrace the digital age.
In the next five years, overseas market expansion is one of the important components of Yusys Technologies Co.Ltd(300674) overall development strategy, and strengthening localization capacity has become the “key layout” of the company. This cooperation with Huaqin technology is an important measure to Yusys Technologies Co.Ltd(300674) realize the overseas localization of products. At the same time, Yusys Technologies Co.Ltd(300674) also actively promoted strategic cooperation with Huawei, Tencent, nttdata, overseas Chinese Bank of Singapore, Pingkai star and other partners, shared resources, interacted with each other, and built a localized ecological cooperation system. On the other hand, Yusys Technologies Co.Ltd(300674) has set up overseas subsidiaries in Indonesia and Singapore, gradually improved the establishment of localization teams, continuously developed products to meet local needs, and continuously improved the company’s global competitiveness. We are committed to innovation, stability and progress, Yusys Technologies Co.Ltd(300674) is taking firm steps to help the global financial technology market have a better future.
(Securities Daily)
