Linklogis Strategically Acquires Bytter to Develop a New Tresasury Management Ecosystem
On
the
afternoon
of
August
29,
Linklogis
Inc.
(“Linklogis”)
and
Shenzhen
Bytter
Technology
Co.,
Ltd.
(“Bytter”)’s
shareholder held
a
signing
ceremony
for
strategic acquisition.
Both
parties
signed the Letter
of
Intent
for
Acquisition,
wherein
Linklogis intends
to
acquire
the shares held
by
Bytter’s
current
controlling
shareholder.
Upon
completion
of
this
transaction,
Linklogis
will
become
the
controlling
shareholder
of
Bytter.
This
strategic
acquisition
aims
to
integrate
the
core
strengths
of
both
companies
in treasury management
and
supply
chain
finance technology,
jointly
assisting customers in
building
world-class
financial
management
platforms and
advancing intelligent treasury
management
systems
for
state-owned
enterprises
and
large-and-middle-sized private
enterprises.
Ji
Kun,
Co-founder
and
President
of
Linklogis,
Zhao
Yu,
Chief
Financial
Officer
of
Linklogis,
Hu
Defang,
Founder
and
Chairman
of
Bytter,
and
Hu
Dexiang,
General
Manager
of
Bytter attended
the
signing
ceremony.
Since
its
establishment
in
2000,
Bytter
has
specialized
in
providing
treasury
management
solutions
for
enterprises.
Bytter was
listed
on
the
over-the-counter
trading
platform
operated
by
the
National
Equities
Exchange
and
Quotations
Co.,
Ltd.
(stock
code:
834596.NEEQ)
in
2015, and
has
become
a
leading company in
the
treasury
management
sector.
As
a
national
high-tech
enterprise,
Bytter
offers
a
comprehensive
range
of
solutions,
including
group treasury management
systems
and
core
business
systems
for
finance companies.
Bytter
possesses the
technical
implementation
capabilities
for
all
11
treasury
function
modules
required
by
the
State-owned
Assets
Supervision
and
Administration
Commission
of
the
State
Council
(SASAC)
and
has
assisted
over
1,500
enterprises
in
achieving
digital
transformation
in treasury management.
As
a
leading
supply
chain
finance
technology
solution
provider in
China, Linklogis
is
dedicated
to
facilitating
the
ecological
interconnection
of “industry
chain
–
transaction
flow
– finance.”
In
recent
years,
Linklogis
has
successfully
won
the
bidding
for
comprehensive
supply
chain
platforms
of
state-owned
enterprises
and
leading
private
enterprises. These
achievements
have
allowed
Linklogis
to
further
expand
its
technological
applications
in
treasury
management,
showcasing
its
expertise
and
leadership
in
financial
technology.
Mr.
Hu
Defang,
the
founder
and
chairman
of
Bytter, said, “With
the
rapid
evolution
of
digital
information
technology,
treasury
management
is
shifting
from
traditional
cash
management
to advanced treasury
systems focused
on
value
creation
and
strategic guidance.
For
over
twenty
years,
Bytter
has
been
committed
to
offering
comprehensive
solutions,
including
treasury
management
consulting,
software
development
and
implementation,
and
system
integration
for corporates, finance companies,
and
banks.
Through
this
acquisition transaction,
we
will
partner
with
Linklogis
to
enhance
our
expertise
in
treasury
management
and
drive
the
digital
transformation
and
reform
of
enterprises,
aiming
to
provide
efficient,
secure,
and
intelligent
treasury
management
solutions
to
our
customers.”
This
acquisition
capitalizes
on
Bytter’s
extensive
technical
expertise
and
service
experience
in
treasury
management
to
bolster
Linklogis’
comprehensive
financial management digital
transformation
services for enterprises.
By
collaborating
closely
with
Bytter,
Linklogis
will
expand
its
product
and
service
offerings,
strengthen
its
technological
and
market
leading
position in
treasury
management,
and
support customers in
achieving
high-quality
development.
Mr. Ji
Kun, the co-founder
and
president
of
Linklogis,
highlighted, “This
acquisition
is
a
strategic
move
to
broaden
our
business
scope
and
a
key
step
in
responding
to
evolving
market
demands.
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
and
solidify
its
leading
position in financial
technology.
This transaction will
significantly
elevate Linklogis’
product
capabilities
and
core
competitiveness,
maximizing
company
value
and
returns
for
shareholders.”
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