Category: News

Sunline has recently won the bid for a big risk management system project for a bank in the southwest region, helping the bank construct a major risk management system that integrates collection, monitoring, early warning, control and reporting of large-scale risks exposure. The project has an important demonstration effect on the construction of a robust risk management system in the entire financial industry and will further promote financial institutions to better manage large-scale risk exposures.

Both domestic and foreign banking industry face credit concentration risk as one of their major risks. In recent years, banks in China have increasingly diversified their credit granting methods to customers and customer concentration risks have shown some new characteristics. Effectively managing and controling large-scale concentration risks has undoubtedly become a realistic issue faced by the current banking industry.

In order to promote the strengthening of big risk management and the effective prevention and control of concentration risks for commercial banks, the China Banking and Insurance Regulatory Commission has issued the rules for management of large-scale exposures of commercial banks in accordance with the actual conditions of domestic banking business development and international regulatory standards. (Hereinafter referred to as the “Measures”). The Measures clarify the regulatory requirements for large-scale risk exposures of commercial banks, that is, the limited range of the ratio of the risk exposure of commercial banks to non-interbank single customers, non-interbank related customers, interbank single customers or group customers to their net tier 1 capital.

Sunline takes the lead in implementing a big risk exposure management system

After the Measures were issued, Sunline realized the importance of big risk exposure management to banks and actively coordinated with relevant experts to interpretate and evaluate the possibilities of technologies to support banks. Sunline had organized multiple researches, making use of its strong technological strength as well as rich experience in financial risk management and control, becoming the first company to successfully develop a large-scale risk exposure management system and was at the forefront of big risk management in China.

In response to the development of China Banking and Insurance Regulatory Commission, a bank in the southwest region took the lead in building a major risk exposure management system to strengthen concentration risk management and reduce credit concentration and with its continuous innovation and technological advancement, Sunline has won the bid for the project.

Sunline’s large-scale risk exposure management system integrates collection, monitoring, early warning, control and reporting, realizing highly parameterized configuration, debt measurement and measurement process traceability to fully solve the current problems of major banks. Risk exposure management relies on offline manual collection and processing to complete data submission that results in large workload, low timeliness, poor accuracy and inability to meet regulatory online reporting requirements. Sunline make use of latest technologies to help banks accurately improve the level of concentration risk management.

●   Clears large-scale risk authority management and user records which helps the bank establish and improve these large-scale risk exposure management organizational structure, clarify management responsibilities and build an effective operating mechanism.

●   Automatically integrates and summarizes debt data, customer data, mitigation data, etc. and automatically perform risk exposure measurement for general risks, specific risks, transaction book risks, counterparty credit risks, potential risks and other risks to achieve comprehensive monitoring to achieve automated measurement and improvement of submission quality.

●   Sets internal limits for large-scale risk exposures and continuously monitor, warn and control large-scale risk exposures.

●   Automatically generates report data according to regulatory requirements to meet the report requirements.

●   Continues to collect relevant data and information to effectively support the management of large risk exposures.

The large-scale risk exposure management system built by Sunline the bank in the southwest region not only increases the bank’s regulatory requirements for individual interbank customer risk exposures and reduces dependency on interbank business but also helps the bank invest more funds in the real economy, improves the efficiency of credit resource allocation and further enhances core competitiveness in the new environment of interest rate marketization and economic transition.

Seizing the opportunities, Sunline is always one step ahead in the development of more advanced products with the blessing of technologies. On the road of continuous development, opportunities and underlying technologies keep Sunline in the forefront of the financial technology industry.

Bank-enterprise direct connection is an electronic banking product provided by banks to high-end enterprise customers. It is a new online direct connection method of enterprise ERP, capital system and banking system. Enterprises can directly complete the management and scheduling of bank accounts and funds through their own internal systems as well as perform various business operations like account management, information inquiry and transfer payments. At the same time, the bank-enterprise direct connection can provide support for enterprises to develop and customize personalized functions in the capital system. It has the distinctive features of information synchronization, high efficiency, simplicity, personalized service, safety and reliability.

Bank-enterprise direct connection is actually the intermediary that links the banking system (core system, cash management system, etc. with the corporate capital system. The scheduler and manager of these bank interfaces responsible for receiving instructions from the corporate capital system and forwarding them to the corresponding bank, returning the bank’s feedback information to the corporate capital system immediately and corporate capital system can be accessed through the system and easily connected to all cooperative banks.

Bank-enterprise direct connection system is like a highway on which corporate funds operate. One end is connected to various business systems on the enterprise side while the other is connected to various external banking systems. If there is a problem, the system will be seriously ‘congested’ and cause a chain reaction with serious consequences.

Regardless of how small the system is, there are many functions. The system is in charge of the system management module, interface platform module, business management module, comprehensive query module, system configuration module, monitoring operation and maintenance module.

●   Interface platform module provides access services for external systems, including instruction reception, message verification, security check, forwarding scheduling and other functions. With the continuous expansion of bank service interfaces, the interface platform will also be continuously upgraded.
●   Business management module processes operations such as collection, payment retransmission and interface query initiated by each business module and the business processing platform also supports manual and regular operations on business functions such as fund collection, external payment and account management.
●   Comprehensive query module provides users with various dimensions of account and transaction query services to ensure that every instruction and every detail can be tracked.
●   System configuration module contains the technical configuration details of the connected bank, mainly the message type, communication time, message identification, etc. It also contains the business configuration content of each connected bank, account and certificate (enterprise code), such as bank name, account bank, company code (bank allocation), etc.
●   Monitoring operation and maintenance module provides a full range of monitoring and management for the normal operation of the system, early detection and early treatment of system abnormalities as well as ensuring the stable operation of the system around the clock.

Some may say others have similar functions but it is not true.

Sunline Bank-enterprise Direct Connection System is an asynchronous message engine on the basis of the first generation, so the performance, throughput and payment efficiency have been greatly improved with processing of millions of payment instructions every day is no longer a problem. Based on the micro-service distributed architecture, each bank interface is deployed independently and does not affect each other.

Sunline Bank-enterprise Direct Connection System’s strong abilities benefit from its good design philosophy, reasonable internal structure and stable and mature technology platform. All of its functions are implemented using JAVA and JAVA-related technologies. The front-end and back-end separation architecture is adopted. The data interaction core can operate independently and expand flexibly and the core uses routing and messaging based on EIP (Enterprise Integration Pattern). The intermediary engine will even expand into a lightweight platform for enterprise system integration and data exchange in the future.

Sunline’s ability has long been tested by the market and have connected with many mainstream domestic banks.

Up to now, Sunline Bank-enterprise Direct Connection System has served more than 30 large enterprise group including China Electric Finance, China Merchants Group, China Unicom, AVIC Finance, CITIC Finance, Hisense Group Finance, Sinochem Group, Inner Mongolia Electric Power Group, Yutong Bus, TCL Group Finance, Zhejiang Transportation Group, Pudong Development and others.

Under the product philosophy of Sunline for excellence, Sunline will redouble its efforts to innovate and optimize in the future to become more powerful and provide quality services to more customers. Looking forward to the next transformation of the system!

In the recent Huawei Connect Summit, Sunline has been invited as a technology partner to give insights on how can core banking support banks’ business innovation and cultivate ecosystems in a more agile way as well as how banks transition from traditional to digital core effectively and seamlessly as Bank 4.0 pushes digital transformation into full swing.

Check out how banks can achieve agile and open digital CORE transformation in the new normal by Matthew Chen, Group CEO of Sunline’s Overseas Business.

 

No matter how difficult it is, we will brave it through. In our eyes, there is no mountain that we cannot climb and no road further than our feet can take us! This is Min Gong’s understanding of Sunline’s Spirit.

(Min Gong, the project manager for Huishang Bank’s Business Intelligence Analysis Cloud Platform Project)

On June 4, 2020, the project team implementing Huishang Bank’s Bank’s Business Intelligence Analysis Cloud Platform Project suddenly received a new demand for ‘real-time online loan data visualization’. Facing with the issue of tight deadline, customer requested that the development work be completed within a week.

At that time, Min Gong as the project manager felt great pressure. “The demand involves a number of complex technologies, such as OGG, Kafka, Stream, etc. Although our project team has very rich experience in the application of these technologies, integrating and achieving the complex business requirements in a short period of time is still a huge challenge.”

Not sticking to conventions and courageous to innovate are the genes of Sunline. This project adopts a brand-new realization method for when time is tight and tasks are heavy to meet customer. Min Gong quickly convened a meeting with project members to discuss the feasibility plan for the implementation of the demand. The project team originally planned to realize real-time calculation of real-time indicators through StreamJob, but because the stream micro-batch server has not been deployed, it can only be realized by Smartbi front-end page instead. After multiple rounds of evaluation and analysis, Mr. Zhang suggested using OGG, Kafka, Stream, Inceptor, Smartbi and other components as well as technologies.

When the general direction has been set, the next step is how to gnaw off the hard bone. 

Although all parties have coordinated resources to support this project, Min Gong understands the development of the entire project will ultimately rely on them to overcome key difficulties. 

“At that time, it was a spiraling process. Everyone used most of their energy to think over and over again. When we encountered problems and were puzzled, we continued to try consulting experts. When we had made breakthroughs, we were often very happy”. 

When Min Gong described this unforgettable experience, he used one word – ‘Never give up’. 

In order to keep up with the progress of the project, project team members worked overtime past 10 o’clock every night. Min Gong’s home is far away from work and due to the impact of the epidemic, he could not take the bus. He could only spend four hours riding a battery bike back and forth. 

Physical exhaustion and mental exhaustion are second to the distress he felt most when he received calls from his child every time he works overtime, yelling to him “Dad, when are you are coming home soon? I miss you.”

Often at this time, his tears will flow uncontrollably as his emotions burst. 

The double pressure mentally and physically did not crush Min Gong. The fighting spirit and determination of the project team to deliver the tasks on time makes everyone devoted to the intense project development.

(Working silhouettes of project team members)

Every difficulty was being overcome one after another and everyone was pleased that their efforts have not been disappointed.

 After a month or so of hard work, Huishang Bank’s Business Intelligence Analysis Cloud Platform project team overcame various difficulties and finally realized the demand for ‘real-time online loan data display’ and put it into production on July 9. This project helped Huishang Bank realize the visual display of real-time big data for the first time and was named ‘Sky Eye Real-time Platform’ by relevant leaders, which is of great significance. Huishang Bank also spoke highly of the project team’s spirit in overcoming difficulties and never giving up.

 After this challenge, Min Gong has a deeper understanding of Sunline’s. We are not afraid of challenges in doing things and in the face of difficulties, we can stimulate our creativity. This spirit is the most precious wealth of each of us in Sunline.

 Although the result is important but we should remember the process, the sweat and sleepless night of Sunline’s team.

The fifth Huawei Connect Conference was held in Shanghai on September 23 – 26. The theme of the conference was creating ‘New Value Together’, bringing together global industry leaders, business elites and pioneering companies to discuss industry’s latest technologies and the development directions of digitalization. Sunline attended this conference as an important ecological partner of Huawei and officially launched a global contactless financial service solution with Huawei at the conference.
 

Sunline and Huawei jointly release a fast loan solution, enabling global financial digital services for the post-epidemic era

 

The innovative technologies represented by artificial intelligence, big data, 5G, etc. are accelerating the construction of a smart world with all things connected and the sudden epidemic earlier in the year has drove deeper awareness on the importance of industry digitization and intelligence. With the push, all walks of life will be accelerating the expansion of digital application boundaries.

In order to meet the urgent needs for financial digital services during the post-epidemic response period, Sunline and Huawei formally launched a global contactless financial service – fast loan solution at the Huawei Connect 2020. The program will be applied to many countries and regions in Southeast Asia, the Middle East, South America and Africa.
 

 

Li Hongguang, Senior Vice President of Sunline said during the meeting, “In the post-epidemic era, all countries are actively responding. As financial institutions are the cornerstones of a country’s economy, non-contact digital and online financial services capabilities are particularly important. The stable and orderly operation of the financial market can also meet the daily financial business demands of customers. As a global financial technology company, Sunline also has deep understanding on technological innovation, digital services and open finance to help global financial institutions manage urgent demand for contactless services during and after the epidemic.

In order to allow financial institutions and locals in areas with weak technological power to enjoy the convenience brought by technology, Sunline and Huawei jointly launched a cost-effective and fast loan solution which can meet the needs of financial institutions of any sizes. We hope this solution will be a way to provide practical care and help for the people in this era.”

 

 

Li Hongguang, Senior Vice President of Sunline (first from left)

 

The fast loan solution runs on EDSP, the latest bank enterprise microservice framework platform launched by Sunline this year and is built on Huawei FusionCube. It has the characteristics of a full online, open, second-level lending and TTM 1-day which can help financial institutions in fully realize contactless digital banking services like loan product marketing, remote customer registration, personal portrait, risk assessment, fund issuance, post-loan processing and other financial services, meeting the increasingly personalized development needs of financial institutions. 

One of the biggest features of the fast loan solution are ‘speed and convenience’, which are mainly manifested in:

□  Convenient remote account opening with identity verification through multiple smart authentication methods such as biometrics.

□  Fast online loan and post-loan processing enabling 3-minute application, 1-second loan, 0 manual intervention, instant post-loan extension and review feedback.

□  Fast product marketing to provide real-time formation of promotional products and real-time product marketing promotion.

□  Fast access to ecosystem partners via standard Open API interface and quickly connects to the ecosystem.

□  Rapid deployment that enable the system to be put into production and use within 2 months.

With the advent of the banking 4.0 open ecosystem, the fast loan solution will help global financial institutions fully transform towards digitalization and openness.

Two additional joint solutions unveiled at the HC conference

In addition to the fast loan solution, Sunline and Huawei’s joint Distributed Core System Solution and Financial Convergence Data Lake Solution running on Kunpeng’s Ecosystem were also unveiled at this HC conference.

1. Kunpeng Distributed Core System Solution

An overall solution built on Sunline ‘s distributed core business system and Kunpeng server. The solution adopts the design concept of a distributed technology architecture and microservices, and integrates product design, operation mode  and scene integration. Data provision, open interconnection and other aspects provide efficient support for banks, helping banks to fully realize the security and control of core business systems.

 
2. Financial Convergence Data Lake Solution

Composed of ‘acquisition-consolidation-management-calculation-application” solution provided for financial industry data. Running on Sunline’s software and Huawei’s hardware infrastructure, the solution completely integrates to the data application architecture, solving ineffective data assets management in during data acquisition, storage and calculation, allowing the system to meet the needs of different scenarios and time-sensitive data services, fully realizing the value of data assets.

 

As a global financial technology leader, Sunline started its overseas expansion as early as 2016 with offices in Singapore, Malaysia, Thailand, Indonesia, Hong Kong and more. Sunline is continuously innovating and is highly recognized by foreign markets and customers for its market leadership and product performance. In the future, Sunline will continue to adhere to its global vision, joining forces with Huawei to help global financial institutions achieve intelligent and digital upgrades through excellence in their respective fields.

Recently, Sunline has successively won the bids for the performance appraisal projects of Chongqing Rural Commercial Bank and Shenzhen Rural Commercial Bank, playing a major role in creating performance appraisal platforms for the two major banks to achieve three-dimensional appraisal, process automation and management visualization, innovating bank performance management models.

With changes in the overall environment of the financial business, operations and management in recent years, bank performance appraisal platforms have directly affected the business innovation, performance growth, employee effectiveness and customer satisfaction of the bank hence have become an important starting point for banks to improve quality and efficiency.

As the largest rural commercial bank in the country, Chongqing Rural Commercial Bank has developed rapidly since its listing. The bank’s asset scale has exceeded 1,000 billion this year and with the development of its business, the bank’s refined performance management has also faced new challenges like higher level of refinement of performance data and the bank’s current performance system can no longer respond to demand quickly. Traditional performance management methods cannot meet the requirements of high-quality and efficient management and the demand for differentiated assessment has become stronger.
As a local bank in Shenzhen, Shenzhen Rural Commercial Bank has always adhered to the strategy of ‘prospering the bank with science and technology’ and promoted ‘service and management upgrade’ through technology. In recent years, Shenzhen Rural Commercial Bank’s in-depth promotion of the dual-characteristic development strategy of ‘retail + technology’ has gradually encountered problems such as extensive assessment of existing the bank’s business lines, insufficient employee performance and insufficient breakdown of assessment products.

Improving the management level with technology and empowering business with an efficient performance appraisal platform has become the common focuses of the two major banks.

Tailor-made Sunline Performance Appraisal Platform Empowers Business Development of Two Rural Commercial Banks

In the process of bidding for both performance appraisal platform projects of Chongqing Rural Commercial Bank and Shenzhen Rural Commercial Bank, Sunline stood out by virtue of its comprehensive advantages in technical capabilities, service capabilities and case experience, winning two major bids in one swoop.

The performance appraisal platform created by Sunline for Chongqing Rural Commercial Bank adopts the latest performance management methods, covering the performance management of the head office departments and employees, branches, branch institutions as well as key positions within the full jurisdiction of the bank, fully satisfying the bank’s requirement for a refined and differentiated assessment to steadily promote the high-quality development of the bank’s business.
In response to the development needs of Shenzhen Rural Commercial Bank’s retail business, Sunline has built a performance appraisal platform for the bank to cover management needs of institutions, personnel, lines, products, etc. as well as enabling targeted solutions to problems encountered in the new development of the bank’s retail business. The assessment problems encountered have stimulated the business potential of institutions and personnel at all levels of the bank hence promoting the business development of the whole bank.

Based on value management, Sunline’s performance appraisal platform fully guarantees implementation excellence

Sunline has served various major customers such as Ping An Bank, Hengfeng Bank, Bank of Chongqing, Bank of Zhengzhou, Jiangxi Rural Credit, Guangzhou Rural Commercial Bank and Jiangnan Rural Commercial Bank in the field of performance management. After years of experience and exploration in serving the banking industry, Sunline is based on opening up various management systems for banks to achieve overall value. From the comprehensive perspective of comprehensive value management, Sunline has designed a performance appraisal platform with to achieve three-dimensional appraisal, process automation and management visualization, which can give full play to performance appraisal, optimizing bank resource allocation and promote healthy business development.

In terms of business structure, the performance appraisal platform is deeply compatible with the bank’s overall operation and value management. Based on in-depth integration of bank assets, liabilities, budgets as well as other business processes and management needs,  the platform seamlessly integrates with the bank’s strategy, resources, business and actions to form a complete management system, helping the bank achieve refined performance for all employees such as institutions, departments, tellers and account managers as well as achieving strategic implementation and performance improvement across the bank.

In terms of product architecture, it helps banks to achieve differentiated assessments of legal persons, branches, business outlets and personnel at all levels under the framework of a unified assessment system across the bank. Assessment indicators and plans can be flexibly configured at each level to implement performance management ideas.

Sunline’s service capabilities in the entire business chain of banks are industry leading. Under the concept of comprehensive value management, the performance appraisal platform continuously drives bank business innovation and performance through in-depth integration of bank business processes and management needs. helping banks to comprehensively improve the efficiency of operations, supervision and management, improving business standards and operating efficiency as well as promoting banks development via digital transformation.

The air was full of tension. It was in the middle of the night but everyone frowned and stared at the computer with a very serious expression. Who are these people and what are they doing?

 

 
It turns out that they are a group of programmers stationed in the Minsheng Bank credit card project by the Sunline big data team. Min Gong, who was in charge of the project, recalled the scene at that time and still remembers it fresh:
 

 
In April 2020, our project team received an urgent demand from Minsheng Bank’s Credit Card Center to implement its Dream Value Engine and the project was to be launched on June 16, 2020.

What is the Dream Value? To put it plainly is similar to the role of points. Users can obtain Dream Value by doing tasks in the Minsheng Bank credit card app and then use the Dream Value points to exchange goods. The Dream Value Engine project is responsible to mainly provides service interfaces and data processing for Dream Value to ensure the points accuracy.

With only one and a half months to complete the project and the extremely strict requirements on stability, scalability, performance and other aspects with a 7X24 hours of online operation, the project is a heavy one! However, there is no such thing as ‘impossible’ in Sunline’s dictionary, so we rolled up our sleeves for it.

At first, everything was progressing in an intense and orderly manner and we felt that we were in control until the credit card testing team of Minsheng Bank conducted an integration testing.

It was June 10 and the testing team found that sometimes the Dream Value engine failed to expand normally.

Seeing this phenomenon, we were a little stunned as the accuracy of the Dream Value is the foundation of the entire project! If this problem occurs after live, it would be difficult to solve within a short time and the consequences will be very serious!

With only 6 days before the project was officially launched, we had to quickly find out the cause and solve this problem but the biggest problem with this bug was that it was does not occur all the time. It was not known whether or when it will recur hence was impossible to accurately locate it.

Our project team had a meeting immediately to learn about the test scenarios from the test team to detemine various possible reasons.

 

 

Han said, “Perhaps it is a network problem?”

Liu said, “Is there an omission in the upstream information provided or an error in the consumption information or is there a problem when adjusting Dream Value?”

Yunyun said, “Is there something wrong with Redis?”

While others are guessing what it could be issues with Kafka, MYSQL, Hbase, etc.
After a diversified discussion, our team reached an agreement. Taking into account the uncertainty of the bug, we decided to adopt the most time-consuming but most reliable investigation plan, starting from the source and gradually analyzed it. Section the investigation, analyze various logs and monitor source, etc. and everyone was investigating nervously, looking for the bug.

At 1 o’clock in the morning, the project team finally located the source of the problem. It turned out that multiple messages related to the same account were put into Kafka. The first message was locked in a short time, was not released while other messages skip the waiting period causing these messages to be lost.

After locating the problem, everyone was a little relieved but did not dare to slack off and acted accordingly. At 3 o’clock in the morning, Yunyun finally found a solution from the official manual. Our team modified the source code and after the self-test is completed, they immediately submit it to the professional testing team. The regression test was successful and the bug was solved perfectly.

The project team fought for the night and were all sleepy. However, their hearts were filled with the joy of fighting hard and winning a big victory. It was already more than 4 o’clock in the morning when they left the office.

On June 16, the engine was finally ushered into a successful launch. Not only did it perfectly withstand the peak pressure of the 6/16 event but also demonstrated superior performance. Our project team was highly praised by the leaders. For us, this It is not only a recognition of the service ability of Sunline but also a recognition of our team’s hard work!

For all of us who were born in the age of peace, we seldom witness major ordeals in our life or country, not to say the entire world. However, the pandemic in 2020 is definitely considered a worldwide crisis. When the virus outbreak started in January 2020, it became a major situation in Wuhan as the source, quickly spreading to multiple cities and even states across China with the number of infected and deceased increasing at alarming numbers daily, making it a great crisis for the entire Chinese nation. Some of us remained silent, some panicked but most of us bravely moved forward.

Sunline quickly established an epidemic prevention and control team headed by Chairman Mr. Wang. During epidemic prevention meetings, Mr. Wang always points out, “Every employee of Sunline is precious. The company must do everything possible to make employees feel that they are not alone. The company is here to support our employees and we will overcome the difficulties together.” The company has since started a battle against the epidemic in full swing.

 

 

 The Chairman of Sunline, Mr. Wang

 

The HR department fully cooperated with other departments to gather and update related information to employees in a timely manner as well as monitoring current health conditions of each employee. When medical face masks and other outbreak prevention resources were in short supply, overseas employees took the initiatives to find various ways in helping to purchase and send these supplies to our employees in China and vice versa. The administration department arranged SOPs in all offices to do prevention steps like checking employees’ temperature daily and helped the company to resume work and production smoothly. Project implementation teams who have remained at project sites also tried their very best to work remotely to complete each projects on time. Each of us in Sunline has been fighting and persevering in our own ways during the pandemic.

We are very fortunately as none of our Sunline family has been infected during the pandemic and all of us have resumed work and production in peace. However, without the stable development of the country, families will not be able to live and work in peace. Mr. Wang always emphasizes on his family and country, saying, “In the future, if there is a need for a company to carry the banner of China’s financial technology, I hope it is Sunline. We must bravely shoulder the responsibilities given by the times and be a mission-oriented company. We must be always be the people with the spirit of ownership.”

Looking back on the company’s development, Sunline has been pursuing the company’s value to the society as well as the country for almost two decades, aiming to make contributions to human development through the unremitting efforts of the people of Sunline. After the successful listing in 2012, the development of the company and its employees have entered a fast lane. Sunline’s achievements and profits all come from the society. The development of the company and employees are closely linked to the development of the country. In times of crisis, if we have the ability to help others, then it is our obligation to lend a hand. This is a responsibility, not a choice. When the pandemic hit, we play our part to share the worries of the country, solve the problems for the people and show the value of our existence. This is the fundamental of the company’s persistence in establishment.

On February 5, 2020, the company launched a fundraising activity for employees to help fight the outbreak under the theme ‘If the country is in trouble, our generation is responsible to help’, recommending each of us in Sunline to shoulder the responsibility and work together to contribute to the fight against the pandemic. ‘Our generation’ represents a sense of home and constructiveness towards the world. No matter what era we are in, ‘our generation’ is the most fascinating group of people, so each of us should feel a sense of pride to be in this group.

It is the common strength of yours and mine, our generation that allows the world to break free from darkness and remain warm in each disaster. For the first time, the company raised RMB 1.5 million in donations. In order to ensure we truly help those in need, the epidemic prevention and control team has conducted a full understanding and investigation of the fundraising process and the recipients of donations through multiple channels. We found that the society mainly targeted the attention and assistance on medical staff while there is little attention to the families of patients diagnosed with Covid-19. They were facing many hardships of taking care of the patient while the entire family has to be on quarantine. They not only suffered financially but also mentally. This group of families were in great need of help but at that time there was no channel that could directly provide charity assistance to them.

The epidemic prevention and control team immediately decided to build a donation distribution channel through Finline platform to distribute the donations directly to patients diagnosed with Covid-19 as well as to plasma donors. Although the idea is good but it is not easy to do. Every link such as self-developed donation distribution platform, reception consultation, data review, donation distribution, etc. needed investment in manpower. Time was tight but the tasks were heavy. This was also not the company’s area of expertise.

In the end, Mr. Wang’s words made a final decision to the matter. He said, “The original intention of donating is a good faith and meant to help others. Why should we be afraid of the trouble or worries about being deceived? Even if we have been deceived, as long as we can really help those in need, it is worth.”

In order to bring the donation out as soon as possible, the company took a two-pronged approach. On one hand, the Bank Account Development Team was required to complete the relevant system construction within three days. On the other hand, the company also urgently deployed personnel from various departments to set up an audit team and learned about audit knowledge and the national diagnostic standards for Covid-19 as well as to developed corresponding audit standards and donation distribution mechanisms.

During the development stage, everyone could only work remotely and the development of a project requires a series of links such as requirement construction, technical analysis, development, testing and launching, which means at least three tasks must be completed within a day. The technical team had to complete hundreds of demand analysis on one hand and on the other hand, they had to overcome the obstacles brought by online communications and collaborative development. Finline’s development team had worked together for three days and three nights to realize the donation system. The claims channel was finally tested and launched, and after a week of continuous debugging, the related functions of donation review and donation distribution were improved in time.
 

 After resuming work, the Bank Account R&D Team optimized the donation claim platform

At the same time, the donation application review team was formally established. Through reading a large amount of information and consulting doctors, disease control staff, etc., they learnt about the country’s establishment of Covid-19 standards, diagnosis and treatment procedures as well as certification materials, and gradually mastered them after several days of study. The main points of the audit were reviewed and at the same time, the country continued to pay attention to the changes in the national diagnostic criteria for Covid-19 to supplement the audit criteria.

On the morning of February 24, 2020, the donation application was officially opened and the first batch of applicants was welcomed. In order to understand the patient’s situation and help them submit information accurately and efficiently, the consulting staffs were helping to answer these questions in detail while the reviewers checked the information online, communicated with the applicants for errors or missing materials and called the relevant agencies to verify in order to allow patients to receive the donation as soon as possible. At 11:07 p.m. on the first day of the donation launching itself, the first donation was successfully distributed.
 

Reviewers working overtime to verify the information.

 

With the smooth distribution of the first donation, the company officially opened a channel to directly help Covid-19 patients. News of the company’s direct donations to Covid-19 patients spread like wildfire. The number of applicants from other cities and states has been increasing. Sunline’s employees, seeing every donation has really helped so many patients, have requested the company can reopen another donation in hopes to help more Covid-19 patients. The epidemic prevention and control team have set the goal of helping 1,000 patients and once again launched a fundraising initiative. The company’s leaders took the lead in the donation and some major shareholders also took part in exerting practical actions to demonstrate the meaning of ‘the greater the ability, the greater the responsibility’. The second donation amount reached a higher amount of RMB 7.717 million, and the two donation drives reached RMB 9.217 million in total.

‘Serving life and helping others’ is where the value of money lies. A donation of several thousand RMB was able to help to life of patients struggling with the disease and was a comfort to the soul, especially for the remote and poor areas. For the patients, in the difficult period when they lose their financial resources, our small contributions were able help them to tide over the difficulties. During the donation, we received a lot of touching gratitude.

At first, some people thought it was a scam to send money directly to patients and applications were just trying their luck however when applicants did receive the donations, they were immediately warmed.

Touching gratitude from applicants

 

Sunline have formulated a policy on the donation to encourage the patients that have recovered to actively help more people with plasma donation. We aimed to help the patients and encourage them to pass on their love. We are happy to learn that the citizens of China are playing their part in encouraging others to move forward during the pandemic, with some cheering for netizens online to eliminate public panic and release positive energy; Zong Jian, the first person in the country to donate his blood plasma has brought his entire family to donate as well; Chen Qingbo, who was in a race against his life has donated blood plasma three times in just 37 days in his effort to rescue critically ill patients; and head nurse, Hu Yanfang who was infected, returned to the front line after recovery. Everyone was using their own ways to display their love in protecting their motherland.

During the review process, the review team will publish the latest ‘Interpretation of the New Coronavirus Pneumonia Diagnosis and Treatment Plan’ and the ‘New Coronavirus Pneumonia Prevention and Control Plan’ from time to time in conjunction with the official website of the National Health Commission. According to the corresponding adjustment of the audit standards, it is inevitable that some people’s symptoms and diagnostic certificates do not meet the latest national standards and will fail the to meet the criteria to receive donation. As a result, we may be questioned.

It is really hard to do something that you are not familiar with even if it is a kind thing that wants to help others. We faced criticisms but it does not matter because we believe our kind deeds will eventually help some people and that is enough. If someone asks why Sunline invested so much resources to do this, we can proudly say we did not do it for any limelight.

We just assumed the responsibilities entrusted to us being part of our country, our generation. We did not do this for fame or fortune. Besides, we have 18 years of established brand name through true ability, technical strength and service capabilities. Professionalism and innovation are our professional dignity.

For nearly 200 days, the donations were distributed one after another. A long battle against the pandemic finally ended on September 3, 2020. With the distribution of the last donation, the company’s anti-epidemic donation activity has also successfully come to an end with RMB 9.217 million donations distributed!

We have managed to help 1,630 COVID-19 patients from 16 provinces (autonomous regions and municipalities) including Hubei, Anhui, Guangdong, Hunan, Gansu and Shanghai. Among them were a 45-year-old mother with two children, a father with a 6-year-old father, a 58-year-old whose daughter were pregnant and son are still taking college entrance examination, a breastfeeding mother born in the 90s, medical staffs who were fighting on the frontline and were unfortunately infected aa well as  people from deeply impoverished mountainous areas. Sunline has exceeded its 1,000-person donation target.

 

 

We would once again like to thank every one of us who had contributed selflessly in the anti-epidemic fundraising and thank you all for your time, bravely shouldering the responsibility of our generation, and sending warmth and strength to the Covid-19 patients. We have not only helped breastfeeding mothers suffering from the outbreak, also patients living in poverty in poor mountainous areas and the elderly.

At the same time, we also want to thank all of us in Sunline who have made efforts in different ways to fight the pandemic. Because of you, our Sunline family can unite and win the fight against the pandemic!

Sunline’s distributed core business system won the Silver Award in the 2020 Huawei Developer Contest with its advanced technology and outstanding performance after competing in the finals in Songshan Lake on September 1 to 2, 2020.

 
The Huawei Developer Contest is a top competition for developers from all over the world. The Kunpeng Track of the contest aims to encourage developers to create various software and hardware solutions based on Kunpeng computing technology to achieve technological and commercial innovation.

 

 
The distributed core business system of Sunline is the first ever independently researched and developed core system with distributed architecture in the domestic banking industry. The system adopts the concept of distributed technology architecture and microservices to further provide support efficiency to banks in terms of product design, operation mode, scene integration, data provision, open interconnection and other aspects. At the same time, it is highly scalable, centralized, automated, modelled and localized to comprehensively support the rapid changes in business and massive data system requirement in the digital era.

 

At present, Sunline’s distributed core business system has completed deep integration and comprehensive ecological verification with Huawei Kunpeng Ecosystem including Kunpeng chips, Taishan servers, etc. The joint solution is economical, has high performance, scalability, availability and security, etc., accelerating the values for applications such as big data, distributed storage, ARM native, high-performance computing and databases, ultimately helping banks to fully realize the security and control of their core business systems.

 

The core system of Sunline is a joint solution with Kunpeng and have undergone multiple connectivity, functional, performance and resource docking tests integrated with multiple cases to form a mature and complete solution that can achieve rapid replication, promotion and landing in city commercial banks, private banks, joint-stock banks, etc., helping banks accelerate the their digital transformation journey and achieve information technology security and control.

The Future of Intelligent Financial Change, 2020 Financial Forum and Award Ceremony hosted by IDC China on August 28, 2020, announcing the Top 50 IDC China Fintech via online live broadcast.
 

 

IDC China’s top 50 fintech companies were selected by IDC’s financial research team and several senior experts in domestic financial innovation to select the nominated companies and finally selected those with comprehensive business development, innovation, advancement and ecological cooperation. Companies with outstanding performance in terms of how they benefit financial service institutions and IT leaders, as well as their service providers in making more effective technical decisions and helping the digital transformation of China’s financial industry.

In recent years, Sunline’s business development has been stellar. The range of customers has expanded from small and medium-sized banks to large state-owned banks, maintaining a high market share. At the same time, relying on strong technological innovation, the company has continuously introduced advanced products and solutions. Sunline is the first to introduce microservices and unitized core banking system this year, opening a new core era of China’s banking industry.

In addition, Sunline also attaches great importance to the construction of a digital ecosystem, actively investing in the construction of the ecosystem to enhance industry innovation capabilities and shares future growth space with partners. Sunline has successively reached digital ecological cooperation with Tencent and Huawei.

IDC believes that digital transformation is the only way for China’s financial industry and Sunline has been relying on professional technology and services to continuously lead the development of financial technology and empower China’s financial institutions in their digital transformation journey.