Linklogis Acquires Bytter to Revolutionize Treasury Management

Linklogis Inc. has signed a Letter of Intent for Acquisition to acquire Shenzhen Bytter Technology Co., Ltd., aiming to develop an advanced treasury management ecosystem. This strategic acquisition will see Linklogis become the controlling shareholder of Bytter, combining the core strengths of both companies in treasury management and supply chain finance technology.

Since its founding in 2000, Bytter has established itself as a leader in treasury management solutions, serving over 1,500 enterprises and offering a comprehensive range of services, including group treasury management systems and core business systems for finance companies. Listed on the over-the-counter trading platform operated by the National Equities Exchange and Quotations Co., Ltd. in 2015, Bytter is recognized for its technical capabilities across all 11 treasury function modules required by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC).

Linklogis, a prominent supply chain finance technology solution provider in China, has made significant strides in facilitating the interconnection of industry chains, transaction flows, and finance. The company has successfully implemented comprehensive supply chain platforms for state-owned and leading private enterprises, showcasing its expertise in financial technology.

Hu Defang, founder and chairman of Bytter, emphasized the shift in treasury management from traditional cash management to advanced systems focused on value creation and strategic guidance. He stated that this acquisition would enhance Bytter's expertise and drive digital transformation for enterprises, providing efficient, secure, and intelligent treasury management solutions.

Ji Kun, co-founder and president of Linklogis, highlighted the strategic importance of this acquisition in broadening the company's business scope and responding to evolving market demands. Integrating Bytter’s technological strengths and customer resources will enhance Linklogis’ industry-finance treasury solutions, solidifying its leadership in financial technology. This transaction is expected to significantly elevate Linklogis’ product capabilities and core competitiveness, maximizing company value and shareholder returns.

This acquisition is set to bolster Linklogis’ comprehensive financial management services, supporting high-quality development for state-owned and private enterprises. The collaboration with Bytter will expand Linklogis' product and service offerings, strengthening its technological and market-leading position in treasury management. This development is crucial for enterprises aiming to achieve digital transformation and efficient financial management.