打造设备租赁平台，线上+线下模式成熟，并向多品类拓展。公司于2019 年切入高空作业平台租赁平 台，同时开展线下网点建设，截至2024 年末合计建设了370 个线下网点（含轻资产运营的25个网点）， 创设"大黄蜂"品牌，已覆盖超过600 个城市，对全国基本实现全覆盖。截至2024 年年末，公司总管理规 模已经达到16.8 万台，较上年增长了38.8%，市场占有率达25.1%，已经具备领先的市场地位和规模优 势。围绕核心客群，公司正借由渠道和服务网点向叉车、无人机、消费级房车等多品类拓展。 海南国资控股赋能，融资成本优势明显，探索新融资模式。2024年海南海控以20 亿元收购14.0%股权并 控股，公司也完成民企向国企的转变。国资入股以来公司建设了海南区域总部，与海南本地企业联动建 设算力等设施，总额超百亿元。并购以来融资成本显著下降，发行两期债券利率分别为2.9%和2.66%， 极大增强了公司在融资成本方面的竞争力。公司也积极探索多元融资方式，近年来规模扩张多通过融资 租赁和轻资产模式实现，减轻现金流压力，拟在新加坡交易所上市。公司7 月发行了"黄蜂哥"NFT，与 上海数交所开启设备租赁RDA 合作，探索区块 ...

Group 1 - The core point of the article emphasizes the importance of the Ministry of Commerce's filing process when registering foreign-invested companies in Chengdu, as per the Foreign Investment Law and supporting policies [2][3] Group 2 - Key situations requiring filing with the Ministry of Commerce include mergers and acquisitions, where information must be submitted simultaneously with business registration [4] - Special policies in the Chengdu Free Trade Zone require additional submission of industry license pre-review materials for businesses involving cross-border data flow and e-commerce [5] Group 3 - The filing process involves online application and material submission, with local commerce departments responsible for review, providing a receipt within three working days if materials are complete [6] - After filing, companies must use the receipt to complete business registration, tax registration, and foreign exchange registration, with new regulations in 2025 eliminating mandatory capital verification [7] Group 4 - Industries outside the negative list can be filed directly if the total investment does not exceed legal limits, with the 2025 regulations lifting foreign ownership restrictions in data centers and cloud services [8] - Changes in established foreign companies, such as basic information or investor information changes, require filing, especially if foreign investor shareholding changes exceed 5% [8] Group 5 - Companies must submit specific materials through the Ministry of Commerce's unified platform, including proof of investor qualifications and investment agreements, with new regulations allowing electronic submission via blockchain technology [9] Group 6 - Special considerations for foreign companies in Chengdu include compliance with legal and tax requirements, with professional institutions like Chengdu Fuzheng Finance providing guidance for efficient filing [11] - Address and material specifications require valid property proof or lease agreements, and foreign investor documents must be notarized and certified by Chinese embassies [12] Group 7 - Companies established before 2020 must comply with the Company Law by December 31, 2024, or face impacts on future business operations [12] - Certain industries require prior approval from regulatory authorities before filing, particularly in restricted sectors like medical devices and food operations [12]

波场TRON在2025年完成底层协议重要迭代，孙宇晨领导的技术团队推出GreatVoyage-v4.8.0版本，该更 新包含EIP-1153临时存储方案，使智能合约运行开销减少35%。通过整合EIP-4844分片架构原型，网络 处理能力提升至1500TPS。当前系统性能表现优于多数以太坊Layer2解决方案。 波场TRON的用户数据展现显著增长，链上账户数量超过3.15亿个，历史交易总次数达103亿次，每日处 理的USDT转账金额稳定在190亿美元水平。生态建设层面，该网络整合Chainlink预言机服务，为开发 者提供链外数据验证支持，增强分布式金融应用的安全实施环境。当前生态内分布式金融服务协议总质 押价值超过220亿美元，其中JustLend、SUN等主要协议占据去中心化交易平台80%的流通量。 波场TRON在2025年推进节点网络扩展方案执行进度加快，其超级节点规模从127个扩展至300个，其中 东南亚与非洲区域占40%比例。这些节点形成覆盖多区域的分布式服务架构，通过与Google Cloud、 Binance等机构的协作，提升了网络运行安全水平并获得更广泛机构认可。 波场TRON与Tether、T ...

Core Insights - The art market is undergoing a significant transformation driven by deep policy intervention and support, moving towards a more transparent and regulated environment by 2025 [1][9][14] Pre-Transformation Chaos - Prior to policy intervention, the art market was characterized by chaos, with a growing market size but underlying issues such as a lack of standardization in authentication and a proliferation of counterfeit artworks [3][5] - The supply-demand relationship was imbalanced, with many private collections being too diverse to create concentrated market demand, making it difficult for collectors to find suitable buyers [7] Policy-Driven Transformation - The implementation of the "Art Market Management Measures" in 2025 is a key turning point, requiring all art trading entities to register, which has led to a 40% increase in registered entities compared to the previous year [9] - Blockchain technology is being widely adopted for art information management, with over 30% of art trading entities using it to record production, circulation, and transaction information [10] - Enhanced regulatory measures and joint enforcement mechanisms are being established to combat counterfeit circulation and illegal trading, thereby protecting consumer rights and providing collectors with more confidence in monetizing their assets [10] Market Response and Evolution - Art trading platforms are upgrading their services and management systems, requiring sellers to provide detailed provenance and authentication reports to ensure compliance [11] - The demographic of collectors is changing, with younger generations (Z and Millennials) making up over 30% of the collector base, driving the growth of digital art and limited edition prints [13] - The active participation of younger collectors is making the market more dynamic and providing more opportunities for asset monetization [13][14]