Linklogis Inc. has announced the strategic acquisition of Shenzhen Bytter Technology Co., Ltd., marking a significant step in the evolution of treasury management and supply chain finance technology. The acquisition aims to integrate the core strengths of both companies to build advanced financial management platforms and intelligent treasury management systems for state-owned enterprises and large-and-middle-sized private enterprises.
Since its establishment in 2000, Bytter has made substantial advancements in treasury management solutions. Listed on the National Equities Exchange and Quotations Co., Ltd. in 2015, Bytter has become a leading firm in the treasury management sector, providing a comprehensive range of solutions, including group treasury management systems and core business systems for finance companies. With technical implementation capabilities for all 11 treasury function modules required by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), Bytter has assisted over 1,500 enterprises in achieving digital transformation in treasury management.
Linklogis, a leading supply chain finance technology solution provider in China, is dedicated to facilitating the ecological interconnection of industry chain, transaction flow, and finance. In recent years, Linklogis has successfully bid for comprehensive supply chain platforms of state-owned enterprises and leading private enterprises, further showcasing its expertise and leadership in financial technology. This acquisition will enable Linklogis to expand its technological applications in treasury management, enhancing its product and service offerings.
Hu Defang, founder and chairman of Bytter, emphasized the rapid evolution of digital information technology and the shift in treasury management from traditional cash management to advanced systems focused on value creation and strategic guidance. For over two decades, Bytter has been committed to offering comprehensive solutions, including treasury management consulting, software development, and system integration for corporates, finance companies, and banks. Through this acquisition, Bytter aims to drive the digital transformation and reform of enterprises, providing efficient, secure, and intelligent treasury management solutions.
The acquisition leverages Bytter's extensive technical expertise and service experience to bolster Linklogis' comprehensive financial management digital transformation services for enterprises. By collaborating closely with Bytter, Linklogis aims to strengthen its technological and market-leading position in treasury management, supporting customers in achieving high-quality development.
Ji Kun, co-founder and president of Linklogis, highlighted the strategic importance of the acquisition in broadening the company's business scope and responding to evolving market demands. He noted that intelligent treasury management is crucial for the development of enterprises. By integrating Bytter's technological strengths and customer resources, Linklogis will enhance its industry-finance treasury solutions, solidifying its leading position in financial technology. This transaction is expected to significantly elevate Linklogis' product capabilities and core competitiveness, maximizing company value and returns for shareholders.
