Hang Seng Electronics

Hang Seng Electronics Corporation is a company in thefinancial softwareand network services with significant impact.

Company Overview

(Hundsun Technologies Inc.) was founded in 1995 and is headquartered in Hangzhou, Zhejiang Province. The company is listed on the Main Board of the Shanghai Stock Exchange (stock code: 600570) and has become a leader in the domestic financial technology field. With technology as its core competitiveness, Hdsun is committed to promoting the digital transformation of the financial industry through advanced financial technology solutions.

Milestones

1. Start-up phase (1995-2003)::

   • In 1995, Hang Seng Electronics was formally established in Hangzhou.
   • In 1997, the securities counter trading system was launched and cooperative relationships with a number of securities firms began to be established.
   • In 2000, it completed the shareholding system transformation, changed its name to Hangzhou Hangsheng Electronics Co., Ltd. and began to prepare for listing.
   • In 2003, it was successfully listed on the main board of the Shanghai Stock Exchange.

2. Rapid development phase (2004-2014)::

   • During this period, HSMC has continued to expand its business areas and strengthened its cooperation with financial institutions.
   • Launched a series of innovative products including Fund Investment Management System, Securities Trading System Enterprise Edition and Hong Kong Stock Trading System.
   • In 2010, acquired Shanghai Joyuan Data Service Co., Ltd. and entered the financial information field.

3. Digital transformation and innovation phase (2015-present)::

   • In 2015, the birth of Hang Seng Financial Cloud marked the beginning of the company's use of cloud computing, big data, artificial intelligence and other cutting-edge technologies to empower the financial industry to carry out a full range of digital innovation and upgrading.
   • In 2017, it released its AI strategy and launched eight AI products.
   • In 2019, JRES3.0, a new-generation distributed service development platform, will be released jointly with Ant Financial Services and Aliyun to build a big center stage strategy.

Service Areas

Hang Seng Electronics has a wide range of service areas covering securities, banking, funds, futures, trust, insurance, treasury management, communications, e-commerce and other fields. With strong technical strength and rich industry experience, the company provides a full range of financial technology solutions for financial institutions in these fields.

Core business

The core business of HSMC consists of the following areas:

1. IT Solutions & Services::

   • Provide overall IT solutions for financial institutions, including trading software, clearing and settlement systems, risk management systems, etc.
   • Provides customized software development, system integration and technical support services.

2. Fintech Innovation Services::

   • Utilizing artificial intelligence, big data, blockchain and other emerging technologies to provide innovative fintech solutions for financial institutions.
   • Promote the digital transformation of financial institutions to enhance business efficiency and competitiveness.

3. Wealth management tools::

   • To provide wealth management tools to individual investors to help them preserve and grow their wealth.
   • Provide digital wealth management capabilities and services including asset allocation, wealth management sales, and registration and transfer.

Hang Seng Electronics Company is an enterprise with a long history and rich industry experience in the field of financial software and network services with significant influence. Through continuous innovation and expansion of its business areas, the company provides a full range of financial technology solutions and innovative services to financial institutions, and promotes the digital transformation and development of the financial industry.