数字经济时代的“黄金”、“石油”，今年来数据资产入表规模快速增长（附股）

Core Insights - The trend of data asset valuation is becoming more prominent, with an increasing number of data being transformed into high-value assets by mid-2025 [1] - In the first quarter of 2025, 91 A-share listed companies included data assets in their financial reports, with a total scale of 4.402 billion yuan, representing a year-on-year increase of 435.29% in the number of participating companies and 5472.15% in the scale [1] - The China Securities Regulatory Commission is supporting technology companies in utilizing new asset types like intellectual property and data assets for financing through asset securitization and REITs [1] Industry Status and Outlook - Data is recognized as the fifth production factor, following land, labor, capital, and technology, and is increasingly viewed as a critical resource in the digital economy [1] - The data element core processes include data collection, storage, processing, circulation, analysis, application, and ecological support, with market shares of 22.09% for storage, 21.47% for analysis, and 19.63% for processing [2] - The data element market in China is projected to reach between 500 billion to 1 trillion yuan during the 14th Five-Year Plan period, indicating a rapid development phase [8] Company Developments - Yihualu aims to become a primary developer of data assets and has successfully completed data asset evaluation and reporting for several projects, including those for Chengdu Jinniu Investment Group [9] - Deep Sanda A focuses on cloud and data integration, launching a data intelligence platform and has secured public data sharing agreements with 17 provinces and cities [9]