德林控股(01709)发布公告，于2025年9月16日，本公司与目标公司Carmel Reserve LLC订立认购协议， 目标公司有条件同意向本公司(或其代名人)发行及配发，而本公司则有条件同意认购(或促使其代名人认 购)认购权益，相当于目标公司现有已发行B级成员权益约15.10%及经认购事项扩大后目标公司已发行B 级成员权益约13.12%，代价约为1032万美元(相当于约8052万港元)。 据董事所知、所悉及所信，该项目占地891英亩，规划兴建73栋定制住宅，位于注重环保的门禁社区， 坐拥海景和山景，由国际知名建筑师设计。" ONE Carmel"旨在满足全球对超豪华、可持续生活空间日 益增长的需求，尤其迎合高净值人士对黄金地段独特传世豪宅的追求。该发展项目采用现代化设计，配 备会所、马术中心和广阔步道等顶级设施，引入尖端光纤技术，与当代生活方式和投资趋势高度契合。 董事会认为透过增加目标公司的股本权益，本集团将提高从该项目获得潜在长期资本增值及利润分配的 机会。此举亦符合本集团拓展美国房地产市场版图及多元化资产基础的策略，与现有的投资及家族办公 室业务形成互补。 整体而言，董事会认为认购事项将透过该项目 ...

智通财经APP讯，德林控股(01709)发布公告，于2025年9月16日，本公司与目标公司Carmel Reserve LLC订立认购协议，目标公司有条件同意向本公司(或其代名人)发行及配发，而本公司则有条件同意认 购(或促使其代名人认购)认购权益，相当于目标公司现有已发行B级成员权益约15.10%及经认购事项扩 大后目标公司已发行B级成员权益约13.12%，代价约为1032万美元(相当于约8052万港元)。 于完成后，本公司将于目标公司经认购事项扩大后的已发行B级成员权益中直接或间接拥有约32.97%权 益。 董事会认为透过增加目标公司的股本权益，本集团将提高从该项目获得潜在长期资本增值及利润分配的 机会。此举亦符合本集团拓展美国房地产市场版图及多元化资产基础的策略，与现有的投资及家族办公 室业务形成互补。 整体而言，董事会认为认购事项将透过该项目所产生的财务回报，为股东带来可持续价值。鉴于以上所 述，董事(包括独立非执行董事)认为：认购协议的条款乃按一般商业条款订立，对本集团而言属公平合 理;及订立认购协议符合本公司及其股东的整体利益。 董事会认为，认购事项为本公司加深对加利福尼亚州卡梅尔山谷知名豪华住宅 ...

Group 1 - The company, Qianxun Technology, has signed a non-binding memorandum of understanding for a potential acquisition of 100% equity in Punk Code Technology Hong Kong Limited, with a maximum consideration of HKD 25 million [1] - The final consideration will be determined based on an independent valuation report and the results of the company's due diligence, considering comparable industry transaction prices [1] - The target company is a Web3 fintech firm founded in Hong Kong, with a founding team primarily from Tencent, focusing on blockchain technology and digital asset solutions [2] Group 2 - The potential acquisition is expected to enable the company to develop new business in the blockchain wallet application field, which is rapidly growing globally [3] - The acquisition could expand the company's customer base and strengthen its industry leadership position [3] - The board believes that if the acquisition is realized, it will effectively enhance the company's core competitive barriers and create strategic leverage for long-term shareholder value enhancement [3]

Group 1 - The controlling shareholder of Digital Certification has changed to Beijing Data Group, while the actual controller remains unchanged as Beijing State-owned Assets Management Co., Ltd [2] - The establishment of Beijing Data Group aims to optimize strategic layout and industrial structure, enhancing the development of information services and the digital industry [2] - The initiative is part of the municipal government's efforts to build a "one area and three centers" framework, focusing on the needs of Beijing's data industry [2] Group 2 - Beijing Data Group will enhance the technological innovation capabilities of state-owned capital investment companies, focusing on cutting-edge technology fields such as big data, artificial intelligence, blockchain, privacy computing, and cybersecurity [2] - The group aims to strengthen service and support functions, contributing to the construction of Beijing as a global digital economy benchmark city [2] - The overall goal is to assist in the high-quality development of the capital city [2]

中国发展网讯 记者明慧报道 2025年9月14日，北京首钢国际会展中心1号展馆内科技之光璀璨。作为 2025中国国际服务贸易交易会（以下简称"服贸会"）的核心主题论坛之一，以"科技创造 美好未来"为 主题的"第四届世界前沿科技大会"在此召开。 大会邀请了多国专家学者、政府机构代表、国际组织和社团机构代表及国际友好人士等共聚一堂，围绕 全球科技资源整合与创新价值落地展开深度对话，为推动中国科技走向世界注入新动能。 本届大会上，世界前沿科技大会组委会隆重发布了世界前沿科技大会云网（以下简称"云网"）。云网融 合了元宇宙展厅、AR智能交互技术、智能会议系统、MR混合现实技术和区块链技术。无论参与者身处 全球何处，皆能打破时空界限，身临其境参与大会交流，打造"永不落幕的世界前沿科技大会"，为大会 后续常态化科技交流奠定基础。大会决定，从本届世界前沿科技大会起，大会将不定期在"世界前沿科 技大会云网"、世界前沿科技大会网站和公众号、科促会官网和公众号发布推荐国内外可产业化的项 目，为企业和科研单位服务。 "SINO（中国）预印本"平台启动，构建开放科学新生态 大会期间，中国国际科技促进会与国际信息发展（300469）组 ...

Core Viewpoint - The World Gold Council has introduced a new product called "Collective Gold Rights," which aims to provide a balance between the heavy nature of allocated accounts and the stability of unallocated accounts [1][3]. Group 1: Product Overview - The "Collective Gold Rights" account allows for independent ownership of gold assets while relying on institutional custody, raising questions about its ability to mitigate bankruptcy risks [3][5]. - This account structure attempts to enhance asset isolation through a model of "independent accounts + shared ownership," but its effectiveness depends on legal frameworks and jurisdictional recognition [6][8]. Group 2: Market Dynamics - Compared to unallocated accounts, the new product offers greater transparency in asset isolation and ownership registration, especially if combined with blockchain technology [10]. - Traditional market makers, such as JPMorgan and HSBC, may resist this reform as it reduces leverage and increases transparency, which could impact their profit margins [11][13]. Group 3: Value Proposition - The core value of gold lies in its physical properties, which provide absolute safety against fiat currency credit risks; however, digital products depend on financial intermediaries and technology systems [15][20]. - The "Collective Gold Rights" account is designed to meet functional needs in modern finance, such as collateral financing and liquidity management, rather than replacing physical storage [17][20]. Group 4: Competitive Landscape - The new product is not fully decentralized like cryptocurrencies nor as liquid and widely accessible as gold ETFs, raising questions about its competitive viability [22]. - It offers advantages over cryptocurrencies due to its backing by physical gold and compliance with traditional financial regulations, while being closer to the underlying asset than gold ETFs [22]. Group 5: Future Outlook - The concept of digital gold products may be seen as a transitional phase, but the complexity of the financial system suggests a dual-track system of "physical + digital" gold tools may emerge [24]. - The success of the "Collective Gold Rights" account hinges on establishing legal protections, reliable digital registration, and balancing interests among traditional market makers and new participants [26]. Conclusion - The World Gold Council's initiative reflects the traditional gold market's struggle and exploration in the digital age, potentially adding a supplementary tool layer for participants prioritizing financial efficiency over absolute safety [28].

Group 1 - The article discusses various types of virtual currency scams that have emerged, highlighting the deceptive practices used by fraudsters to lure investors [4][5][6]. - It emphasizes the importance of being cautious and not falling for high-return promises associated with virtual currencies, urging individuals to avoid participating in related investment activities [7]. Group 2 - Specific scams mentioned include "airdrop scams," where fraudsters entice investors with free tokens but require them to pay small fees or provide sensitive information, leading to potential asset theft [5]. - Another scam discussed is "cloud mining," where scammers promise returns through fake mining operations, ultimately disappearing with the funds raised [6].

央视网消息（记者 谢博韬）：位于江苏省连云港市徐圩新区的连云港石化产业基地是全国七大石化产业基地之一，园区内石化企业体量 大，每日进出园区三类危化品车辆约1500辆，年均监管三类危化品600余万吨。在不影响园区内企业正常经营的同时，如何确保公共安全监管 工作到位？便成了连云港市公安局徐圩新区分局深入思考的问题。 "消防设施前不能堆放杂物""危化品未存放在指定区域"……近日，徐圩新区公安分局联合消防、应急、综治等部门在辖区某危化品企业检 查时发现企业存在的安全隐患，当场列出问题清单和整改意见。 今年以来，徐圩新区公安分局坚持从企业角度出发，深化"行政执法一件事"改革，推动综合查一次"极简查"场景建设，牵头或参与检查场 景16个，覆盖56项涉企检查事项，并按照"一场景一规范"，建立无事不扰"白名单"，实现入企检查次数减少七成以上。同时，徐圩新区公安分 局出台《石化警务工作指引》，联合相关职能部门以危化品管理为重点制定"一企一策"合规经营指导手册，并同步制定《企业安全防范建设标 准化清单》。 入企检查次数减少了，但公共安全监管的力度并未放松。徐圩新区公安分局创新危化品远程监管特色警务机制，引进"徐小警"数字警察， ...

Core Insights - The report focuses on the rise of Real-World Assets (RWA) tokenization, analyzing its concept, value, regulation, practice, and trends, highlighting its role in bridging traditional finance and the Web3.0 ecosystem [1][11][13]. Group 1: RWA Concept and Background - RWA refers to the tokenization of physical assets like real estate, bonds, and commodities using blockchain technology, enhancing asset liquidity, transparency, and accessibility [1][18]. - The emergence of RWA addresses traditional financial pain points such as low liquidity, high entry barriers, and lack of transparency, leveraging blockchain's immutable nature and smart contracts for automation [1][23][25]. - The global RWA market has surpassed hundreds of billions of dollars, with expectations for explosive growth in the coming years [13][24]. Group 2: Investment Value and Advantages - RWA significantly enhances asset liquidity and market efficiency, with tokenized real estate trading cycles averaging 47 days compared to traditional commercial real estate's 6-9 months [2][39]. - RWA improves investment accessibility and promotes financial inclusion by lowering entry barriers, allowing broader participation in high-value assets [2][39]. - The tokenization process increases transparency and security, although challenges regarding the credibility of off-chain data remain [2][39]. Group 3: RWA Asset Categories and Examples - RWA encompasses diverse asset categories, including stablecoins (e.g., USDT, USDC), private credit, U.S. Treasury bonds, real estate, commodities, intellectual property, and emerging sectors like renewable energy and agriculture [2][29][30]. - Stablecoins serve as foundational RWA, providing a stable value anchor and facilitating the integration of Web3.0 with the real economy [2][34][37]. - The tokenization of real estate allows fractional ownership, significantly reducing investment thresholds and enhancing liquidity [2][30]. Group 4: Global Regulatory Landscape - The global regulatory framework for RWA is evolving, with a focus on compliance and risk management, as seen in the U.S. GENIUS Act and the EU MiCA regulation [3][4]. - Different jurisdictions are adopting varied approaches to RWA regulation, with the U.S. and EU leading in establishing comprehensive frameworks [3][4]. - In China, RWA is in a regulatory gray area, with initiatives focusing on private chains and sectors like renewable energy and agriculture [3][4]. Group 5: Future Trends and Challenges - The RWA market is expected to grow significantly, driven by institutional participation and the increasing importance of stablecoins as a liquidity infrastructure [3][6][12]. - Emerging asset categories like computing power are gaining traction, presenting new opportunities and legal challenges [3][6][12]. - The report emphasizes the need for ongoing research into the intersection of law and technology to support the healthy development of RWA [3][6].

Core Insights - The global B2B e-commerce transaction volume is expected to exceed $25 trillion by 2025, with China holding a 72.8% share at 28 trillion yuan [1] - Traditional B2B industries are undergoing a transformation from "information intermediaries" to "industry routers" due to the deep integration of digital and physical economies [1] - Shushangyun, a leader in B2B digital solutions in China, has assisted over 5,000 enterprises in their digital transformation [1] Trend Insights - **Technological Drive**: The competition in the B2B sector has shifted from traffic acquisition to underlying technological capabilities, with AI, blockchain, and IoT reshaping industry logic. AI algorithms can optimize supply chain dynamics, while blockchain addresses trust issues in cross-border trade [2] - **Ecosystem Co-construction**: Future B2B platforms will serve as "industrial internet infrastructure," requiring the establishment of open and shared ecosystems. Shushangyun proposes a "1+3+N" strategy, which includes one technical foundation, three core capabilities, and multiple industry solutions [3] - **Policy Empowerment**: The focus of policy support is shifting from direct subsidies to guiding innovative investments, with the Ministry of Industry and Information Technology aiming for over 80% deployment of industrial internet platforms [6] Challenges and Solutions - **Information Silos**: 73% of traditional enterprises face system fragmentation, with data utilization rates below 40% [7] - **Supply Chain Coordination**: Traditional supply chains have slow response times, with emergency order fulfillment rates below 65% [8] - **Cross-border Trade Barriers**: Compliance costs account for 20% of cross-border transaction volumes, posing challenges for SMEs [9] - **Organizational Capability Lag**: 83% of traditional enterprises lack digital talent, leading to failures in transformation projects due to organizational inertia [10] Practical Pathways - **Green Transformation**: The EU carbon tariff is pushing companies to establish carbon footprint tracking systems, with Shushangyun helping a paper company save millions annually [12] - **Data Middle Platform Construction**: Integrating dispersed data to enhance marketing conversion rates by 20% for a pharmaceutical company [13] - **Flexible Supply Chain Networks**: Utilizing regional cloud warehouses and dynamic routing to reduce emergency order delivery times to 12 hours [13] Strategic Recommendations - **Top-level Design**: Transition from "business electronicization" to "ecosystem digitalization" [14] - **Scenario-based Approach**: Drive value creation through addressing pain points [14] - **Positioning in Ecosystem**: Become a key node in the industry chain [14] - **Organizational Capability Upgrade**: Shift from "human governance" to "data governance" [14] Future Outlook - Future B2B platforms will combine "augmented intelligence" and "industrial symbiosis," with competition focusing on "ecosystem collaborative efficiency" and "data asset operational capabilities" [14][15]