盈证国际(08379)发布公告，人工智能应用及产业数字化转型正处于快速发展阶段，实体产业与金融的 深度融合是全球金融市场的重要创新趋势，该领域具备高增长潜力。为把握行业发展机遇，落实本集团 业务多元化的整体战略，培育新的利润增长点，提升本集团的综合竞争力，本集团决定布局人工智能及 产业数字化转型新业务，聚焦产融数字化领域的技术研发与商业应用，为产业链上下游、政府及企业、 跨境电商等客户群体提供数字化解决方案与专业服务。 为推动上述新业务的顺利落地与运营，本集团选择与行业合作伙伴设立合营企业作为新业务的运营主 体，相关业务进展及业务规划时间线如下： 1.2026年1月20日，本集团的间接全资附属公司深圳市盈科互联科技有限公司(盈科互联)与凌轩(海南)科 技有限公司(凌轩海南)订立具法律约束力的战略合作协议，双方约定于中国海南省共同设立合营企业作 为本集团上述新业务的专属运营平台。 2026年1月21日，上述合营企业盈合数智(海南)科技有限公司(盈合数智)已完成设立相关手续，正式成为 本集团开展人工智能及产业数字化转型新业务的核心载体。 2.本集团规划将于2026年第一季度正式启动人工智能及产业数字化转型新业务相 ...

Policy and Regulation - The issuance of the "Document No. 77" by six ministries on April 30, 2025, clarifies the status of accounts receivable electronic vouchers and emphasizes a review and risk control system based on real trade, promoting the development of decoupled supply chain finance [10][11] - The regulatory environment for the commercial factoring industry remains stringent, focusing on issues such as ABS business and fictitious accounts receivable [12][21] - The "Implementation Plan for High-Quality Development of Inclusive Finance in the Banking and Insurance Industries" highlights supply chain finance as a key vehicle for reducing financing costs for small and micro enterprises [23] Market and Development - The commercial factoring industry is experiencing a wave of capital increases and credit ratings, with over 30 companies increasing their registered capital in the first half of 2025 [2][26] - ByteDance's subsidiary, Zhitiao Factoring, significantly increased its registered capital from 1 billion to 1.6 billion, marking a 60% increase [30] - Numerous state-owned enterprises are establishing industry-finance technology companies to accelerate the digital transformation of industrial finance [31] Scene and Product - Decoupled supply chain finance is gaining traction, with financial institutions focusing on transaction platforms, including the launch of supply chain financial services by major platforms like the National Grain Trading Center [3][36] - Financial institutions are innovating product offerings, such as the "Cloud Number-Order Financing" by Postal Savings Bank, which aims to assist small and micro enterprises in overcoming financing challenges [42][45] - The expansion of supply chain bill business is supported by policy and institutional improvements, with an expectation of a reduction in the number of core enterprise platforms as collaboration with independent platforms becomes a trend [3][8]