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X @Michael Saylor
Michael Saylor· 2025-09-20 14:17
My keynote on Wednesday at the Bitcoin Treasuries Conference covered the rise of Digital Treasury Companies — based on Digital Assets, built with Digital Intelligence, issuing Digital Securities (Equity & Credit) backed by Digital Capital (Bitcoin) — for the Digital Economy. https://t.co/1BL06i6rI3 ...
The Fourth GDTE to Set Up Smart Living & Space Exhibition Zone for the First Time
Globenewswire· 2025-09-19 14:32
The Smart Living & Space Zone has attracted 142 global buyers with procurement demand valued at an estimated RMB 1.639 billion.HANGZHOU, China, Sept. 19, 2025 (GLOBE NEWSWIRE) -- The 4th Global Digital Trade Expo (GDTE), to be held from September 25 to 29, 2025, will set up a Smart Living & Space Zone for the first time. This exhibition zone is co-organized by Hangzhou International Convention & Exhibition Group and Messe Frankfurt, aiming to showcase products and applications that power up living or work s ...
The Fourth Global Digital Trade Expo to Open in Hangzhou, China
Globenewswire· 2025-09-19 14:31
Core Insights - The Fourth Global Digital Trade Expo (GDTE) will take place from September 25 to 29, 2025, in Hangzhou, China, focusing on digital trade as a catalyst for global economic growth [1][2] - The Expo has established itself as a significant international platform for digital trade since its inception in 2022, facilitating dialogue among policymakers, business leaders, and experts [2][3] Exhibition Details - The GDTE will feature eight distinct exhibition zones, including Digital Culture & Entertainment, Smart Mobility, Silk Road E-Commerce, Smart Logistics, Artificial Intelligence, Digital Medication, and Smart Living & Space [4] - The event will also host a variety of themed events, such as Silk Road E-Commerce Day and African Digital Trade Day, alongside 34 industry-focused events like Digital Trade Venture Capital Day [4] Participation and Collaboration - As of September 3, 2025, the Expo has confirmed the participation of 75 high-level foreign guests, including 46 representatives from governments and international organizations across 21 countries [2] - The involvement of diplomatic and business delegates from 16 countries highlights the Expo's role in fostering international collaboration in the digital economy [2]
AirNet Technology Inc. Announces Name Change to Yueda Digital Holding, Ticker Symbol Change to YDKG, and Share Re-designation
Prnewswire· 2025-09-18 15:30
Company Name Change - AirNet Technology Inc. will change its name to "Yueda Digital Holding" effective September 19, 2025, and its ticker symbol will change from "ANTE" to "YDKG" [1] Shareholder Approval - The shareholders approved the re-designation of shares, converting each ordinary share to one Class A ordinary share and each preferred share to one Class B ordinary share [2] Business Focus - Yueda Digital Holding is a Web3 and digital-economy company focused on the long-term accumulation of mainstream cryptocurrencies through treasury allocations, strategic investments, and capital transactions [3] - The company's principal business activities include active treasury management of digital assets, exploring compliant yield opportunities, selective investments in Web3 infrastructure, and providing advisory services for enterprises entering the digital-asset economy [3]
X @Avalanche🔺
Avalanche🔺· 2025-09-18 00:00
Avalanche is powering a new chapter in Korea’s digital economy. 🔺🇰🇷BDACS, together with Woori Bank, has launched KRW1, a fully collateralized, won-backed stablecoin. Currently in a pilot phase following a full PoC, KRW1 marks an important step toward regulated, bank-integrated digital money in Korea. ...
X @The Economist
The Economist· 2025-09-05 15:20
The demise of an old-economy rule allowing parcels containing lower priced goods to enter America tariff-free is the latest symbolic reminder to digital darlings that frontiers exist—and that business models built on their absence are in need of a rethink https://t.co/O1BFbXvCcT ...
SDHG H1 2025 Profit Soars 506 Percent, Riding Green Energy and Computing Boom
Globenewswire· 2025-09-04 12:15
Core Insights - Shandong Hi-Speed Holdings Group Ltd. (SDHG) reported a remarkable half-year performance with net profit increasing by 506% to RMB 476 million, driven by its strategic focus on renewable energy and computing power [1][10] - The company's operating income reached RMB 2.503 billion, with 96% derived from emerging sectors, highlighting the success of its dual-engine strategy [1][10] Financial Performance - Total assets rose to RMB 67.531 billion, with 76.97% allocated to green electricity and data centers, reinforcing SDHG's position in the digital and green tech markets [2][10] - The sixfold increase in net profit marks SDHG's strongest half-year performance ever, primarily fueled by investments in green electricity and computing [3][10] Business Segments - VNET Group Inc. reported a 22.1% year-on-year revenue increase to RMB 2.43 billion in Q2 2025, with its Wholesale Internet Data Center business soaring by 112.5% to RMB 850 million [4] - Shandong Hi-Speed New Energy Group Ltd. (SHNE) achieved an H1 2025 operating income of RMB 2.4 billion, with a 6.5% rise in net profit to RMB 400 million [4] Strategic Initiatives - SDHG's integration of electricity and computing is exemplified by its investments in SHNE and VNET, creating a self-reinforcing ecosystem that combines green energy with high-demand computing infrastructure [5] - The Ulanqab Source-Grid-Load-Storage Integration Project aims to generate 860 million kWh annually, with expected economic benefits of RMB 1.3 billion once fully operational [6] Future Outlook - SDHG is committed to advancing its digital economy ambitions and has partnered with Huawei Technologies to develop "zero-carbon smart parks" and enhance smart transportation solutions [7] - The company is also exploring fintech opportunities, having issued Hong Kong's first corporate notes tokenization product worth $40 million, and plans to expand into blockchain and digital currency applications [8] - With China's carbon peak target set for 2030 and neutrality by 2060, SDHG will maintain its focus on green energy and computing power to build a robust digital economy ecosystem [9]
Former SCO's Secretary General:The SCO’s future shines in a multipolar world|SFC Markets and Finance
2 1 Shi Ji Jing Ji Bao Dao· 2025-09-02 04:14
Core Points - The Shanghai Cooperation Organization (SCO) is evolving as a significant entity in the global landscape, focusing on sustainable development, digitalization, and connectivity among its member states [1][4][11] - The Tianjin Declaration serves as a strategic framework for the SCO's development over the next decade, emphasizing comprehensive cooperation in various sectors [3][12] Group 1: Sustainable Development - 2025 has been designated as the "Year of SCO Sustainable Development," marking a commitment to systemic cooperation in sustainability initiatives [4][10] - The SCO is prioritizing the "green" economy, with recent agreements including a Joint Declarative Document on sustainable development signed at the 6th Meeting of SCO Environment Ministers [5][6] - A total of 18 projects worth approximately five billion yuan were signed at the Sustainable Development Forum in April 2025, showcasing tangible commitments to ecological principles [6] Group 2: Digital Economy - The digital economy is identified as a key driver for sustainability, with agreements made to enhance cooperation in areas such as data circulation, digital infrastructure, and AI solutions [7][8] - Cross-border e-commerce among SCO countries has seen double-digit growth, indicating successful digital and logistics integration [8] Group 3: Connectivity and Infrastructure - The SCO is advancing both "hard" and "soft" infrastructure projects, including the China–Kyrgyzstan–Uzbekistan railway, which aims to enhance regional connectivity and trade [9][10] - Efforts to modernize border crossings and simplify visa procedures are underway to eliminate logistical bottlenecks, fostering trade diversification and economic growth [9] Group 4: Financial Mechanisms - The establishment of an SCO Development Bank is under discussion, which would complement existing financial mechanisms and support sustainable projects [13] - The SCO Interbank Consortium has already backed over 500 projects valued at more than $20 billion, indicating a strong foundation for future financial initiatives [13] Group 5: Future Directions - The SCO aims to align closely with the Belt and Road Initiative, focusing on digital transformation, green finance, and logistics integration to enhance cooperation [16][21] - China's experience in poverty alleviation, technological leadership, and governance is seen as a model for other SCO member states, promoting shared learning and collaboration [22][23][24]
南京两区案例入选省级首批实践名单
Jiang Nan Shi Bao· 2025-09-01 06:41
Core Insights - Jiangsu Province has initiated a public data practice case collection, with nine cases selected, showcasing the region's leadership in public data utilization and market-oriented data element allocation [1][4] - Nanjing's two selected cases highlight the effective application of the principle "data available but not visible," addressing industry pain points and societal needs [1][4] Group 1: Selected Cases - The first case from Xuanwu District involves Jiangsu ChuanGu Technology Co., which is developing a "High-Quality Medical Data Set" in collaboration with clinical disciplines, expected to be completed by November [2] - The data set aims to provide support for drug and medical device industry development through data analysis, AI model training, and product improvement [2] - Jiangsu International Data Port has established itself as a key public data integration and development site under the guidance of local data authorities [2] Group 2: Applications and Impact - The second case from Jianye District is the "Integrity Protection" judicial risk identification platform by Zhongzhou Shulian Technology, which utilizes authorized compliance data to cover over 200 million business entities and 1.4 billion individuals [3] - This platform enhances risk identification capabilities for small and micro enterprises, achieving multiple commercial transactions [3] - Jianye District has published nearly 500 application scenarios with a total investment exceeding 6.8 billion, positioning itself as a leader in data application development in Nanjing [3] Group 3: Future Directions - The selection of these cases reflects a commitment to leveraging data elements for industrial upgrades and promoting high-quality digital economic development in Jiangsu [4] - Jiangsu International Data Port and other platforms will continue to collaborate with enterprises to cultivate more exemplary cases and explore effective paths for data value release [4]
国企要闻 | 广数科控股上市企业破千亿市值创历史新高
Sou Hu Cai Jing· 2025-08-29 13:10
Core Insights - Guangzhou Digital Technology Group has achieved a total market capitalization of 101.16 billion, marking a historical high with its five listed companies [3] Group Structure and Development - The group was established based on the strong foundation of Guangzhou Radio Group and has been focusing on building a digital economy ecosystem [5] - The group aims to strengthen its position as a "digital technology provider" through innovation [6] Research and Development - The group invested 1.291 billion in R&D in the first half of 2025, a year-on-year increase of 5.96%, with an R&D intensity of 12.43% [9] - The group has accumulated 4,182 authorized patents and 2,862 software copyrights, ranking among the top state-owned enterprises in the city [9] Technological Innovations - The group has developed its own AI big data platform, aiCore System, and launched the "Wangdao" large model in collaboration with Huawei [11] - It has established the first atomic clock chip production line in the country and developed various high-precision intelligent vehicle terminals and chips [11] Talent Acquisition - The group has recruited 145 high-end technology talents in 2023, including 60 PhDs, and has a research team of over 11,000 technical personnel [13] Digital Economy Strategy - The group is constructing a "digital city operator" development path, focusing on artificial intelligence, data elements, and low-altitude economy [15][16] - It has established a wholly-owned subsidiary, Guangzhou Data Group, to manage public computing power centers and data operations [18] Investment and Mergers - The group actively engages in investment and mergers, acquiring several companies to enhance its data element industry and domestic innovation layout [20] Industrial Space Development - The group is accelerating the construction of industrial parks, with 32 self-owned parks covering over 1 million square meters nationwide [21] Ecosystem and Collaboration - The group is fostering an "ecological integration" model and has formed strategic partnerships with top universities and research institutions [23] Application and Governance - The group is building digital governance platforms and has launched various digital applications across multiple sectors, including finance and healthcare [25]