文丨顾小白 编辑丨百进 来源丨正经社（ID：zhengjingshe） （本文约为4200字） 正经社分析师观察发现，脱胎于阿里集团的蚂蚁集团，健康战略是以AI驱动，本质仍是对阿里赖以生存的平台化思维的延续，继承了平台思维中"连 接"与"闭环"的精髓。若能走通这条路，不仅将收获一个新的增长极，更将完成一次从"金融科技平台"向"AI驱动的民生服务基础设施" 的深刻转型。 【正经社"科技前沿"观察之66】 蚂蚁集团正面临新增长极培育难题。与此同时，更需要讲好新的市场"故事"以便于估值的修复和管理。 近日，其宣布升级组织架构，原"数字医疗健康事业部"正式升级为"健康事业群"，将加速推动医疗健康业务成为战略支柱板块。 然而，与阿里系的淘宝、天猫等显著区别的是，这一平台的链路更为复杂、多维，尤其是医疗资源本身就壁垒高筑，整合的难度可想而知。 作为医疗健康领域的外部者，更是面临着专业信任的极大挑战。 就眼下而言，其所宣称的"AI驱动"这一关键引擎，实际上是医疗健康赛道的整体趋势，赛道上几乎所有的参与者，都是以此为目标或手段。因此，能否 以"AI驱动"建立起自身的竞争壁垒，尚待更长时间的观察。 事实上，就在去年同期，百度健 ...

Core Insights - Supply chain financial technology is becoming a key force in activating the microeconomic veins of the real economy, supported by national policies for inclusive finance [1] - The digital platform, Zhongqi Yunlian, has helped over 610,000 chain enterprises overcome financing bottlenecks through innovative digital solutions [1][2] - The platform aims to alleviate issues such as payment delays, information asymmetry, and lack of financing channels for small and medium-sized enterprises (SMEs) [2] Group 1: Company Overview - Zhongqi Yunlian is the largest provider in China's industrial digital finance platform market, holding approximately 12.9% market share, with a market size projected to reach 3.5 trillion yuan by 2024 [2] - As of April 2025, the platform has registered 7,338 core enterprises, 613,000 chain enterprises, and 3,857 financial institutions [3] - The platform has facilitated over 400 billion yuan in financing annually by connecting core enterprises, suppliers, and banks [4] Group 2: Financial Solutions - The platform digitizes and standardizes accounts receivable and payable, allowing core enterprises to confirm payables online and suppliers to apply for financing using electronic vouchers [2][4] - In May, Zhongqi Yunlian submitted its prospectus to the Hong Kong Stock Exchange, indicating its growth and expansion plans [2] - The platform's inclusive financial model has provided 363,000 financing services under one million yuan, accounting for 80.8% of total financing services [4] Group 3: Industry Challenges and Solutions - The total accounts receivable for large industrial enterprises in China exceeds 26 trillion yuan, and if 50% of this can be activated, it would inject over 10 trillion yuan into the real economy [2] - The company emphasizes the importance of "contract spirit" to avoid the misuse of financial tools, which can distort their value [4][5] - Zhongqi Yunlian is exploring more scenario-based solutions and plans to expand into overseas markets with high demand for supply chain finance [6]