Sou Hu Cai Jing·2025-09-18 12:13Core Viewpoint - The establishment of the joint venture "Ant Chain Trust" between Langxin Technology and Ant Group aims to leverage their technological strengths to create a comprehensive service platform for asset tokenization, addressing the challenges of asset management, valuation, and risk management in a blockchain environment [1][2][3]. Group 1: Company Overview - Langxin Group has over 10 years of experience in serving the energy sector, focusing on energy digitalization and the energy internet strategy, providing solutions to major clients like State Grid and Southern Power Grid [5]. - The company reported a main revenue of 1.542 billion yuan in the first half of 2025, a year-on-year decrease of 0.39%, with a net profit attributable to shareholders of 28.638 million yuan, down 23.02% year-on-year [5]. Group 2: Joint Venture Purpose - The primary purpose of forming "Ant Chain Trust" is to facilitate the tokenization of real-world assets, which includes asset management, data aggregation, and automated pricing services, thereby enhancing the efficiency and cost-effectiveness of asset valuation [1][2]. - The joint venture aims to provide services traditionally offered by rating agencies like Moody's and S&P, focusing on financing needs in the real economy, particularly in the green asset sector [2][3]. Group 3: Market Opportunities - The market potential for "Ant Chain Trust" is significant, especially in the context of China's dual carbon goals, with the green finance sector expected to grow substantially, potentially reaching asset scales in the tens of trillions [4]. - The service offerings will target both asset owners and investors in Web2 and Web3, with a focus on distributed assets in sectors like renewable energy and manufacturing [4].