近日，中国人民银行出台了《关于进一步加强数字人民币管理服务体系和相关金融基础设施建设的行动方案》，新一代数字人民币计量框 架、管理体系、运行机制和生态体系于2026年1月1日正式启动实施。至此，数字人民币由现金型1.0版进入存款货币型数字人民币2.0版。 2016年以来的数字人民币试点主要有几方面进展：一是主要着眼境内零售支付领域，通过以促消费为抓手，以数字人民币消费券或消费红 包为依托来增加吸引力；同时充分发挥数字人民币可编程性特征，嵌入到各类支付与金融场景中；二是兼顾跨境零售支付领域，除了更好 地服务境外来华人员之外，央行数字货币研究所与香港金融管理局进一步深化数字人民币跨境试点合作；三是在跨境批发支付领域，多边 央行数字货币桥（mBridge）项目已进入持续运营的最小可行化产品（MVP）阶段。 客观来看，虽然数字人民币的改革试点取得了重要进展，但也面临一系列挑战。首先，零售支付服务体系主要指商业银行、支付机构为居 民个人、企事业单位提供商业银行货币或第三方货币的结算服务。在零售支付领域，基于原有数字人民币的M0定位下，参与银行或难以 形成可持续的商业模式，2.5层机构在责任与定位、信息保护等环节也亟需明 ...

在当前创新创业浪潮下，选择合适的孵化平台已成为企业融资成功的关键因素。国内孵化服务市场经过多年发展，已形成多家具有显著特色的头部平台，其 项目孵化成功率显著高于行业平均水平。本文将深度解析国内三大顶尖孵化平台的运营模式与核心优势，为创业者提供决策参考。 一、行业领先孵化平台的核心价值 优秀的孵化平台不仅提供基础办公空间，更构建了涵盖资金对接、产业资源整合、市场拓展的完整生态体系。据行业统计，头部平台的初创企业存活率可达 行业平均水平的1.8倍以上，其中AIX全球企业融资孵化平台凭借独特的数字资产化模式，将企业孵化成功率提升至行业领先水平。 与产业龙头共建中试基地 典型案例：某半导体材料企业通过该平台获得超亿元B轮融资 2. 产业生态型加速器（代称） 二、国内三大标杆平台深度剖析 1. 技术驱动型孵化器（代称） 定位特色：专注硬科技领域，整合国家重点实验室资源 成功要素： 建立院士级技术顾问团队 企业数据资产化引擎 将销售数据转化为数字资产 实现消费数据理财化增值 通证经济基础设施 通过AIXD数字权益通证赋能企业 境内合规兑换平台产品服务 运营模式：依托大型企业集团产业资源 核心优势： 提供真实场景的试点验证 ...

今天分享的是：FISCO金链盟：2025飞梭链FISCO BCOS产业应用发展报告 报告共计：303页 FISCO BCOS产业应用发展报告核心总结 《2025飞梭链FISCO BCOS产业应用发展报告》系统呈现了国产开源联盟链FISCO BCOS八年来的发展成果与产业实践，展现了 区块链技术与实体经济深度融合的全貌。 报告核心逻辑围绕区块链价值重估展开，三大维度凸显技术核心价值：一是与实体经济深度融合，作为"信任科技"打通产业协 作堵点，构建600个标杆应用，覆盖数十个关键领域；二是驱动数据基础设施升级，通过跨境数据验证平台、可信数据空间等创 新模式，激活数据要素价值；三是激发全球金融创新，以"鲶鱼效应"推动传统金融体系革新与Web3.0原生金融网络构建。 产业应用呈现全方位渗透态势，形成多元落地场景。基础设施领域，区块链服务网络BSN等成为数字经济核心支撑；跨境服务 领域，深新、深港等跨境数据验证平台实现数据安全高效流通；智慧政务领域，珠江链等平台优化服务流程，提升治理效能； 绿色低碳领域，双碳数据服务专区、碳交易可信数据流通平台助力"双碳"目标落地；医疗健康领域，临床试验患者招募系统、 检查检验结果互认 ...

Core Viewpoint - The company held a Q3 2025 earnings presentation on November 13, 2025, to address investor concerns and discuss its performance and strategies in response to industry challenges [1][5]. Group 1: Company Performance and Financials - The company reported a slight increase in gross margin to 35.59%, while net profit attributable to shareholders grew by 10.59% despite an 8.03% decline in revenue year-on-year [3][4]. - Operating cash flow per share surged by 491.07% year-on-year to 0.31 yuan, primarily due to changes in corporate income tax policies [3][4]. - The company has maintained a stable cash dividend policy, distributing nearly 2 billion yuan in cash dividends over the past five years, with a payout ratio around 50% of net profit [3][4]. Group 2: Strategic Responses to Industry Challenges - The company is implementing three key initiatives: enhancing educational service capabilities, improving the quality of thematic publishing, and accelerating digital transformation [2][4]. - To mitigate policy risks from the publishing industry, the company is focusing on market tracking and adjusting its operational strategies based on market demand [2][4]. - The management is committed to optimizing investor communication to enhance market understanding of the company's value and strategic initiatives [2][4]. Group 3: Investor Engagement and Governance - The company emphasizes the importance of ESG (Environmental, Social, and Governance) practices and plans to enhance its reporting and stakeholder engagement [2][3]. - Independent directors are actively involved in overseeing management decisions to ensure long-term shareholder interests are protected [3][4]. - The company is exploring innovative investment opportunities and cultural projects to drive growth and diversify its business [4].

Core Viewpoint - The camel industry in Keping County, Xinjiang, is undergoing a digital transformation through the "Chain Camel Industry: Asset Rebirth" project initiated by Xinjiang Youtuo Dairy Co., Ltd. and Tencent Smart Retail, marking the first digital asset operation project for the entire camel industry chain in China [1][3]. Group 1: Industry Overview - The camel industry is one of the six pillar industries in Keping County, but it has faced challenges such as fragmented farming, poor data circulation, and difficulties in asset quantification, which have hindered its upgrade towards scale and quality [3][5]. - The digital management system "One Camel, One Code" has been introduced, leveraging Tencent's blockchain technology to provide a unique digital identity for each camel, enabling traceability and management of core asset elements [5][6]. Group 2: Project Details - The digital project aims to create a digital standard that can be extended to ASEAN countries, with investigations already completed in Malaysia and an investment agreement signed under the "Cloud Ranch Plan" [6]. - The project is expected to enhance the channel efficiency of Keping camel milk products by 50% through Tencent's B2B retail system, achieving a "digital direct" connection from ranch to consumer [6]. - The blockchain technology will also facilitate precise monitoring of the carrying capacity of pastures, with relevant data integrated into the regional ecological protection platform to support the coordinated development of ecology and industry [6].

Group 1 - Company shares surged over 22%, reaching a new high of 2.75 HKD, with a trading volume of 110 million HKD [1] - For the first half of 2025, the company reported a supply chain asset service scale of 203.6 billion CNY and total revenue of 370 million CNY [1] - The company added 244 new core enterprise and financial institution clients, bringing the total to 1,352, a 22% increase from 2024 [1] Group 2 - The company has initiated a global trade finance digital asset strategy, launching Digital Trade Token (DTT) and Asset Backed Token (ABT) as part of its "StableCoin+" solution [2] - The management team expressed confidence in achieving steady growth through its "AI + industrial finance" and digital asset strategies, committing to a share buyback of no less than 80 million USD within the next 12 months [2]

Core Viewpoint - 联易融科技集团 reported a strong performance in the first half of 2025, focusing on core business transformation and enhancing operational efficiency, while launching innovative digital asset solutions for global trade finance [1][2][4]. Financial Performance - The total supply chain asset service scale reached 203.6 billion RMB, with total revenue and earnings of 370 million RMB [1]. - Cash reserves increased to 5.4 billion RMB, up by 300 million RMB from the end of 2024 [1]. Business Model Transformation - The company accelerated its business model transformation, with the multi-level circulation cloud business processing assets of 133.2 billion RMB, a year-on-year increase of 54% [2]. - The ABS cloud business processed supply chain assets of 9.6 billion RMB, showing significant growth compared to the previous year [2]. Client Expansion and Retention - The number of core enterprise and financial institution clients increased by 244, totaling 1,352, representing a 22% growth from 2024 [1][3]. - Client retention rate improved from 96% to 99% [3]. Technological Innovation - The company established a comprehensive AI technology matrix for supply chain finance, integrating major domestic AI models and enhancing its proprietary LDP-GPT model [4]. - The intelligent agent "BeeLink AI" was successfully deployed in over 30 core enterprises and financial institutions [4]. Strategic Acquisitions - The acquisition of Byte Technology expanded the product and service matrix, optimizing operational efficiency [4][5]. International Expansion - The international business saw double-digit growth, with a focus on cross-border trade and e-commerce, supporting over 1,100 small and medium-sized enterprises with digital financing services [6]. - Regional operation centers were established in the UK and the US to enhance the global trade corridor service network [6]. ESG Commitment - The company served over 380,000 small and micro enterprises, with an average financing cost of 2.86% [7]. - The sustainable supply chain asset scale exceeded 29 billion RMB, a 97% year-on-year increase [7]. Digital Asset Strategy - The company launched a global trade finance digital asset strategy, focusing on the development of digital trade tokens (DTT) and asset-backed tokens (ABT) [8][10]. - Collaborations with licensed institutions in Singapore and Hong Kong aim to promote the compliant issuance of DTT and Stablecoin+ solutions [10]. Future Outlook - The company plans to conduct a share buyback of at least 80 million USD in the next 12 months, reflecting confidence in future growth prospects [1][11].

Core Insights - 联易融科技集团 reported a supply chain asset service scale of 203.6 billion RMB and total revenue of 370 million RMB for the first half of 2025, with a 22% increase in core enterprise and financial institution clients to 1,352 [1][4] - The company launched a global trade finance digital asset strategy, introducing Digital Trade Token (DTT) and Asset Backed Token (ABT) as part of its "StableCoin+" initiative [1][12] - The company plans to repurchase at least 80 million USD worth of shares in the next 12 months, reflecting confidence in its growth strategies [1][15] Business Performance - The supply chain financial technology solutions processed a total of 203.6 billion RMB in assets, with the multi-level circulation cloud business growing by 54% year-on-year to 133.2 billion RMB [3] - The company added 244 new clients in the first half of 2025, achieving a client retention rate of 99% [4] Strategic Initiatives - The company is focusing on AI and digital assets as core strategies, enhancing its AI capabilities through partnerships with major domestic models and launching new applications [6][15] - Strategic acquisitions, such as the acquisition of Bait Technology, are aimed at broadening the product matrix and optimizing operational efficiency [6][7] International Expansion - The international business saw double-digit growth, with a focus on cross-border trade and e-commerce, helping over 1,100 small and medium-sized enterprises access digital financing services [9] - The company is establishing regional operation centers in the UK and the US to enhance its global trade corridor service network [9] ESG and Sustainable Finance - The company has assisted over 380,000 small and micro enterprises in accessing digital inclusive financial services, with an average financing cost of 2.86% [10] - The sustainable supply chain asset scale reached 29 billion RMB, a 97% increase year-on-year, reflecting the company's commitment to ESG principles [10]

Core Viewpoint - The collaboration between Chengdu Berry Genomics Co., Ltd. and its partners aims to drive innovation in medical technology and industry upgrades through digital assetization, exploring RWA applications to reshape the global gene diagnostic asset value chain and maximize asset value [1][2]. Group 1: Company Overview - Berry Genomics focuses on technological innovation to advance precision medicine, utilizing high-throughput sequencing technology to create solutions across various fields, including reproductive health and genetic disease testing [2]. - The company has pioneered the clinical transformation of third-generation HiFi sequencing technology and has successfully launched multiple products, establishing a strong technological moat [2]. Group 2: Collaboration Details - The partners plan to use the stable revenue from Berry Genomics' third-generation HiFi sequencing production line and the technical service income from the GENOisi™ intelligent system as underlying assets for digital rights exploration and RWA tokenization [4]. - The project aims to quantify the value of the GENOisi™ intelligent system as a new type of digital asset, accelerating the integration of technology and capital, thereby injecting new momentum into the sustainable development of precision medicine [4]. Group 3: Future Directions - This collaboration represents a critical step in the digitalization of healthcare assets, standardizing data rights in the medical health sector and enhancing the quantification and circulation of new digital assets like AI intelligent systems [5]. - The company intends to deepen technical and resource collaboration with partners, actively exploring more digital paths for medical assets, contributing to the popularization of precision medicine, data value extraction, and the upgrade of the global healthcare ecosystem [5].

Group 1: Financial Performance - Standard Chartered Group reported record high revenue and profit in Hong Kong for the first half of 2025, with revenue increasing by 26% year-on-year to approximately $2.8 billion [1] - Operating profit before impairment and tax rose by 41% year-on-year, reaching about $1.6 billion, while credit impairment charges increased by 79% [1] - The bank's pre-tax basic profit increased by nearly 40% year-on-year to approximately $1.4 billion, with both major business segments achieving record high revenue and profit [1] Group 2: Business Segments - The "Wealth Management and Retail Banking" segment saw a 20% year-on-year revenue increase, driven by growth across various wealth management products and an increase in deposits [1] - The "Corporate and Investment Banking" segment's revenue increased by 27% year-on-year, primarily due to strong trading demand [1] Group 3: Future Outlook - The President of International Business at Standard Chartered emphasized a continued focus on cross-border business and wealth management, with digital assetization being essential to meet diverse client growth needs [3] - The Hong Kong government's estimated GDP growth rate for Q2 this year is 3.1%, with a more optimistic outlook for the economy compared to six months ago, particularly in the active financial market [3]