Latest Update:
9 th April, 2021

On April 9, 2021,Linklogis Inc.("Linklogis "or the" Company "; (Stock code: 9959.HK), a leading supply chain fintech solution provider in China, was officially listed and started trading on the Stock Exchange of Hong Kong Limited (" SEHK ") host board today, becoming the first listed Supply chain fintech SaaS enterprise in China. The final selling price of the global offering was HK $17.58, raising a net capital of HK $7.71 billion.

The oversubscription of the Hong Kong public offering reached 98.5 times, while the international offering received strong intention and interest from all kinds of investors at home and abroad, attracting all kinds of investors, including top domestic and foreign sovereign funds, long-term funds and technology funds, to become shareholders of the company. Cornerstone investors in the offering include BlackRock, Fidelity, the Janus Henderson Fund, Ontario Teachers' Pension Plan, Sequoia and Singapore's EDB Investment.

Supply chain fintech solutions are in great demand as companies deepen their digital transformation and financial institutions seek to improve operational efficiency and better practice financial inclusion. China's supply chain finance market, driven by technology solutions from partner vendors, is expected to reach 5.2 trillion yuan by the end of 2024, according to Research firm Searoge.

As a pioneer and leading enterprise in the industry, Linklogis has the technological capability of innovation and innovation, and vigorously expands its ecosystem of cloud native technology solutions for supply chain finance. In 2017, Linklogis took the lead in designing a comprehensive digital technology solution for supply chain asset securitization in China, and launched the first multistage receivables transfer platform based on block chain, applying block chain technology to improve the traceability and authenticity of supply chain finance and transactions. In 2019, Linklogis Inc. took the lead in launching blockchain-based cross-border supply chain fintech solutions in the domestic market. Driven by innovative technologies, The business ofLinklogis has maintained rapid growth in the past three years, with a compound annual growth rate of 64% from 2018 to 2020. In 2020, the company's annual revenue and adjusted net profit maintained strong year-on-year growth, reaching 1.03 billion yuan and 192 million yuan respectively.

Since its establishment, Linklogis has won the support of many well-known investors. The company's pre-listing shareholders include Tencent, Citic Capital, Zhengxin Valley, Singapore Government Investment Corporation (GIC), Standard Chartered Bank, BAI Capital, China Merchants Venture Capital and other outstanding large enterprises and funds at home and abroad. As an important strategic partner of Linklogis, Tencent has led the investment many times since Linklogis's A round of financing after its establishment in 2016, and remains the largest institutional shareholder of the company after its listing.

Mr. Haifeng Lin, Vice President of Tencent, President of Tencent Fintech and director ofLinklogis said: "Five years, tencent continues to support the development of heat sensitive, with league easily grow into China's leading supply chain financial technology solutions provider. Congratulations on heat sensitive to complete the hong kong-listed, this is a milestone, is also a new journey. China's vast digital transformation of supply chain finance industry demand, hope al is easy to melt in the new starting point to develop a broader market."

Mr. Qun Song, Founder, Chairman and CHIEF Executive Officer ofLinklogis said: "Today's listing on the main board of the Hong Kong Stock Exchange marks an important milestone in the company's development and its entry into the international capital market.Linklogis is committed to redefining and transforming supply chain finance through technology and innovation, and adheres to technology for the real economy. Based on the new starting point, we will continue to stick to our original aspiration to provide customers and partners with more efficient, reliable and intelligent supply chain fintech solutions, and create outstanding value for the new ecosystem of supply chain finance."

About Linklogis Inc.

Linklogis Inc. is a leading supply chain fintech solutions provider in China. The cloud native solution of Linklogis can optimize the payment cycle of supply chain transactions and realize the digitalization of the whole workflow of supply chain finance. Linklogis provides core corporate and financial institution customers with efficient and reliable supply chain fintech solutions and promotes transparency and connectivity across the entire supply chain financial ecosystem. Since its establishment in 2016, Linklogis has served more than 340 core enterprises, including more than 25% of China's top 100 enterprises, and cooperated with more than 200 financial institutions. As of December 31, 2020, Linklogis Inc. has accumulated over RMB 280 billion in supply chain finance transactions processed by its customers and partners.

Latest Update:
9 th April, 2021