Recently, China Soft Capital completed its strategic investment in Yingang Technology, which will drive the company’s rapid development in the bank IT system applications field. Precise layout for bank’s core business system services Yingang Technology has only been around for over two years, but has proven its business model and already made profits. Yingang Technology’s main business is the R&D and construction of banks’ new generation core business systems, and related system services in “internet finance (direct banks, payment platforms, P2P, crowdfunding, e-commerce)” and “Big Data (Hadoop platform, ODS, DW database)” system services. Yingang Technology’s management team consists of seasoned business development and bank service management professionals, with a highly experienced R&D team. They understand the new needs and new traits of customers. Yingang Technology has applied for numerous IPs, and its core product has gone through many iterations and optimizations to accommodate the new generation of banking business and marketing needs, possessing late mover advantages over traditional core business systems. Focus on sub-sectors to perfect the banking IT service industry chain Given urbanization and banks’ cross-regional developments, many local banks, rural banks and credit cooperatives face consolidation and restructuring, this trend drives new banking IT investments. The emergence of internet finance companies, micro credit companies, village and town banks also bring new opportunities for banking IT system construction. Although IT system is currently not a sizeable part of the IT applications market, due to the huge volume and weaknesses in the current IT system, its future growth potential and strategic positioning are significant. China Soft Capital has extensive industry resources and investment experiences in IT, and we are optimistic about the future prospects of bank IT. We hope that we can harness the power of capital and help Yingang Technology achieve significant growth in strategy, technology, and management.
