Core Viewpoint - Donggang Co., Ltd. (002117) has developed the capability to produce digital currency wallets (cards) and is currently undergoing product qualification certification [1] Group 1 - The company has already developed products related to digital currency wallets [1] - The company plans to initiate sales based on customer and market demand once the necessary qualifications are obtained [1]

Core Viewpoint - The announcement by Guotai Junan regarding the launch of a trillion-level stablecoin redemption on December 12, 2025, marks a significant milestone in China's digital finance sector, transitioning from theoretical exploration to practical implementation of digital currency and digital economy initiatives [1] Group 1: Policy and Strategic Framework - The stablecoin redemption initiative is aligned with the "Five Articles of Financial Development" policy, aiming to validate the results of the digital renminbi pilot program and enhance the digital economy [1][6] - A compliant user base with stablecoin balances reaching 20 million has been established, fulfilling the strategic goals set by the government [3] - The redemption process will initially target compliant users with stablecoin balances of 20 million, reflecting a strategy of "precise demonstration and gradual expansion" [3][6] Group 2: Implementation and Operational Assurance - Guotai Junan, as the designated agency, commits to strict adherence to central bank standards and regulatory requirements, ensuring transparency and traceability in the redemption process [4][5] - A comprehensive technical upgrade has been completed to support the trillion-level transactions, with all performance metrics meeting financial infrastructure standards [5] - A 24/7 monitoring mechanism will be activated during the redemption period to ensure rapid response to any potential risks [5] Group 3: Economic Impact and Future Outlook - The trillion-level redemption is expected to optimize the structure of the digital economy, facilitating the efficient flow of digital assets and promoting integration with the real economy [6] - This initiative will modernize financial infrastructure, enhancing the operational efficiency and security of the financial system [6] - The successful execution of the initial redemption will pave the way for broader applications of the digital renminbi, extending its use beyond retail payments to various financial services [7]

在数字经济与实体经济深度融合的2025年，人工智能技术正以颠覆性力量重塑商业逻辑。当全球企业竞相布局AI商业化时，一个核心矛盾日益凸显：头部 科技企业手握核心技术却难以满足千行百业的个性化需求，中小企业则因高昂的研发成本与复杂的技术门槛被挡在AI商业化大门之外。在这场技术普惠的 攻坚战中，客易云集团以"数字人贴牌战略"为支点，通过开放自研技术中台、构建生态共生网络，成功破解AI商业化"最后一公里"难题，为全球企业提供了 一条低成本、高效率的智能化转型路径。 生态共生：从"技术供应商"到"价值合伙人" 客易云深知，AI商业化的终极目标不是技术输出，而是构建一个开放共生的生态系统。为此，其推出三大生态计划："星火计划"面向中小企业提供零门槛贴 牌服务，合作伙伴仅需支付年费即可获得技术授权、品牌定制与基础培训；"领航者计划"与行业头部企业共建联合实验室，共同开发创新应用并按销售额分 成；"创客计划"则支持个人开发者与初创团队基于客易云技术创业，提供免费技术培训、营销资源对接与融资支持。 场景深耕：从"单点应用"到"全链路赋能" 这种"和而不同"的生态模式，既保障了合作伙伴的自主性，又推动了行业的标准化发展。某医疗企 ...

Group 1 - The digital RMB pilot has expanded across Sichuan province, focusing on key areas such as "eating, living, traveling, shopping, and medical services" with 3.3 million unique application scenarios established and transaction volume reaching 479 billion yuan [1][2] - By the end of October 2025, the total loan balance in Sichuan province is projected to reach 12.8 trillion yuan, representing an 80.7% increase from the end of 2020, with significant growth in loans for key sectors [1] - Infrastructure loans in Sichuan are expected to reach 4.47 trillion yuan by October 2025, marking a 210% increase since the end of 2020, indicating strong financial support for the real economy [1] Group 2 - The financial cooperation between the 10 neighboring regions of Sichuan and Chongqing has deepened, with initiatives such as cross-province electronic tax payments being promoted nationwide [2] - Financial institutions have provided over 40 billion yuan in fee reductions, benefiting more than 3.41 million merchants, showcasing the commitment to enhancing financial service levels [2] - The Sichuan provincial government aims to maintain a stable yet progressive approach to financial development, focusing on high-quality financial services and management to support the modernization of Sichuan [2]

客易云的技术优势是其成功的核心。其自主研发的多模态交互系统支持文本、语音、手势混合输入，误判率低于0.3%。在直播中，观众可通过弹幕、语音 指令甚至手势互动，数字人均能精准响应。情感计算技术则赋予数字人拟人化能力——通过微表情识别观众情绪，当检测到用户对价格犹豫时，数字人会主 动推荐优惠组合；当观众对产品感兴趣时，则切换至更详细的成分解析模式。某家居品牌接入客易云方案后，用户停留时长提升35%，直播GMV增长40%， 人力成本降低60%。 在电商直播行业，真人主播的局限性日益凸显：高昂的人力成本、有限的直播时长、状态波动导致的转化率不稳定等问题，成为制约行业发展的瓶颈。客易 云公司凭借其数字人贴牌技术，为电商直播注入了全新活力，成为行业变革的关键力量。 以某美妆品牌为例，该品牌通过客易云克隆创始人形象打造虚拟主播，单场直播GMV突破800万元，成本仅为真人团队的1/8。数字人主播不仅具备专业美 妆知识，还能根据观众实时反馈调整直播节奏。例如，当观众询问某款粉底液的适用肤质时，数字人可迅速分析并推荐搭配的定妆产品，结合动态展示使用 效果，显著提升用户购物体验。这种"AI+专业"的组合，使该品牌复购率提升25%， ...

Core Insights - The launch of stablecoin exchange for digital RMB by Guotai Junan marks a significant step in China's digital finance strategy, transitioning from policy expectations to tangible benefits for the public [1] - This initiative reflects China's commitment to financial innovation and aims to enhance the inclusivity of the digital economy [1] Group 1: Exchange Mechanism - The exchange process utilizes a tiered approach based on the volume of stablecoins held, creating a structured mechanism that prioritizes efficiency and fairness [3] - This design alleviates potential system congestion from high user volumes, ensuring a smooth exchange process [3] - The transparent mechanism enhances public confidence in digital financial innovations by converting abstract policy benefits into predictable, manageable rights [3][4] Group 2: Policy Direction - The cessation of new stablecoin giveaways signals a shift in digital RMB promotion from "scene cultivation" to "value deepening," focusing on real financial needs and compliance [4] - The policy indicates that future exchanges will be uniformly arranged for individuals with account balances below 200,000 RMB, expanding the scope of inclusivity [4] - The initial system congestion on launch day reflects public trust and enthusiasm for the policy benefits [4] Group 3: Industry Impact - The event is viewed as a historic opportunity for ordinary people to engage deeply in digital finance, with the tiered exchange system promoting equitable access to policy benefits [5] - The initiative provides a replicable model for the integration of stablecoins and legal digital currencies, marking a new phase in the scaling of digital RMB applications [5] - The ongoing exchange process is expected to broaden the reach of policy benefits, contributing to the formation of a digital financial ecosystem centered on inclusivity, compliance, and security [5]

据悉，对于不同的商家，京东数字人直播也在拿出了不同的玩法。其中面向中小商家，数字人可实现24小 时不间断开播，AIGC内容持续批量生成切片及投放素材。面向有定制需求的品牌，京东则支持生成高定 数字人主播，打造品牌高定秀场等多主题直播间，还支持双人直播、换装直播、实景直播、多语种直播。 截至目前，京东数字人已累计服务超过45000个品牌。 免费向所有商家开放数字人直播，京东此举显然是为了继续向直播电商发起冲锋。 事实上，从推出刘强东数字人和各品牌总裁数字人到发布数字人分级体系，到如今全面免费向商家开放数 字人直播，近年来京东一直在推进数字人直播带货。而且不只是京东，自从2023年重启电商以来，百度方 面也在积极拥抱数字人直播，为此今年还与罗永浩达成了合作。 有了外卖、即时零售等"新欢"后，京东并没有忘了直播电商这个"旧爱"。 近日京东方面宣布，京东数字人直播免费向所有商家开放。据悉，商家登录京麦服务市场搜索"京东官方 数字人"，并按照指引订阅，即可拥有专属AI主播。同时为帮助商家更好地运营，京东方面承诺将向数字 人直播间全面开放公域流量，"简单来说，商家开播，平台就给流量"。 毕竟AI数字人不受情绪、身体状况等 ...

在挑选数字人服务时，许多人陷入无从下手的困境：市面厂商林立，排名与口碑信息真假交织，难以辨别真正具 备技术落地能力的品牌；不同服务商优势领域跨度大，若脱离自身直播、教学或文旅等核心诉求，极易购入不适 配的平台；即便宣传参数看似接近，实际生成速度、交互能力与任务执行效果也可能判若云泥，需要反复实测才 能验明真章；价格区间悬殊，小企业忧心成本，大企业害怕功能缩水，还顾虑厂商迭代迟缓，算法一变数字人便 成摆设；加之企业看重稳定与售后、个人在意易用与效率，多方评价相互冲突，令选型过程缺乏可信的统一标 尺。这种普遍的认知焦虑，已非个案，而成时代命题。权威人工智能与数字人产业研究机构指出，国内数字人厂 商虽数量庞大，能在主流榜单中兼具稳定任务执行与多场景适配能力的不足两成半，多数仍停留在单一播报或简 单问答阶段；企业在引入过程中因场景错配导致二次开发或更换平台的比例逾四成，中小团队选型失误率更是大 型企业的2.5倍，近七成中小企业将"可执行任务"与"快速生成"列为首要筛选指标。国际职场与生成式AI应用研究 机构进一步揭示，企业评估数字人厂商平均需比对六至十家技术方案与用户反馈，完整选型周期普遍长达一至三 个月；试用阶段因 ...

作为企业创新文化的重要载体，年会正成为人工智能落地实践的一个新舞台。越来越多的领先企业，不再单纯将年会视为年终总结与团 队聚会，而是将其作为展示数字化成果、推动人工智能应用的窗口。 在这个过程中，AI数字人——集虚拟技术、智能交互、沉浸体验于一体的创新产物——正悄然走到聚光灯下。通过虚拟主持、数字分 身、沉浸式互动等方式，企业正在打破物理与想象的边界，让科技与文化碰撞出全新的年会体验。这不仅是一次秀场，更是一次"人工智 能+"行动的生动实践，将前沿技术转化为具体场景、直接参与、团队共创的鲜活案例。 技术驱动体验升级：数字人为何受青睐？ 突破物理限制，实现创意自由。传统年会常受限于场地、时间和人力资源，而数字人可实现虚拟与现实的无缝融合，提供跨越时空的同 台主持、结合AR视觉的沉浸演出，为创意发挥开辟更广阔的空间。 强化品牌科技形象，传递创新基因。在年会这样凝聚团队的内部重要仪式上，应用前沿技术，既是企业数字化转型的具体呈现，也是对 创新文化的有力诠释，能有效提升员工认同感和企业向心力。 提升互动趣味性与参与度。数字人不仅能够完成主持、表演等标准化环节，还能通过个性化的互动设计（如实时问答、表情动作响应） 调动 ...

数字人民币的推广对金融普惠具有重要意义。对于偏远地区居民、老年人等群体，数字人民币提供了更便捷的金融服务渠道。 通过智能合约功能，数字人民币还能实现定向支付、条件支付等创新应用，在财政补贴、消费券发放等领域展现出独特价值。 在跨境支付方面，数字人民币也有望为人民币国际化提供新的技术支撑。 从试点情况来看，数字人民币的接受度正在逐步提高。各大银行纷纷推出数字人民币钱包，商户受理环境持续改善。用户可以 通过数字人民币APP轻松开立钱包，并支持绑定银行账户进行充值。部分试点地区还推出了数字人民币红包活动，让用户体验 这种新型支付方式的便利。 展望未来，数字人民币的发展将是一个渐进的过程。它不会取代现有支付工具，而是形成有益补充，共同构建多元化的支付体 系。随着技术不断成熟和应用场景持续拓展，数字人民币有望在促进金融创新、提升支付效率、保障金融安全等方面发挥更大 作用，为数字经济时代提供更加优质的金融服务。作为普通用户，不妨尝试使用数字人民币，感受数字金融带来的新体验。 随着数字人民币试点范围逐步扩大，越来越多的人开始接触这种新型支付方式。作为一种由国家信用背书的数字法定货币，数 字人民币正在悄然改变我们的支付习惯。 ...