从参与主体来看，国有企业凭借数据资源禀赋与合规运营优势，成为数据资产ABS市场的核心发起力 量。上述7单已落地项目中，国有企业作为原始权益人的占比达71.4%（5单），剩余2单分别由民营企 业（1单）与公共企业（1单）主导发行，呈现出"国企主导、多元主体协同"的参与格局。 这一多元参与态势的背后，凸显了数据资产ABS在破解企业融资难题中的积极价值。从发行成本来看， 数据显示，上述7单项目的平均票面利率为2.04%，显著低于同期中小企业传统贷款平均利率。 作为数字经济时代的核心生产要素，数据从资源化、资产化到资本化的价值进阶始终是行业关注的核心 议题。今年以来，这一价值转化链条迎来关键突破——数据资产ABS（资产支持证券）从首发"破冰"到 接连落地，不仅让数据要素的金融化变现路径更加清晰，更打通了数据价值向资本市场传导的标准化通 道。 自全国首单数据资产ABS产品——"平安-如皋第1期资产支持专项计划（数据资产）"成功发行以来，市 场对数据资本化的探索持续深化。 据Wind资讯数据统计，截至目前，年内已有7单数据资产（含赋能型）ABS产品成功发行，发行规模合 计达24.90亿元。从目前已落地的产品实践来看，主要 ...

Core Viewpoint - The successful implementation of the first data asset pledge financing business in Zhejiang Province by Bank of Communications marks a significant breakthrough in the financialization of data elements, providing 10 million yuan credit support to Zhejiang Lianxin Technology Co., Ltd, a specialized and innovative enterprise in the AI industry [1][2]. Group 1 - The financing solution involves a comprehensive service system that includes data asset value assessment, pledge financing, and risk mitigation, addressing common financing challenges faced by technology enterprises [1][2]. - Zhejiang Lianxin Technology Co., Ltd specializes in psychological big data applications, utilizing vast data to train a psychological application model that provides critical decision-making support and practical application empowerment for governments, enterprises, and individuals [1]. - The innovative financing model combines data asset pledges with policy guarantees, creating a new financing pathway for light-asset, data-heavy technology enterprises [2]. Group 2 - The collaboration between Bank of Communications, Hangzhou Data Exchange, and third-party professional evaluation agencies has established a four-party cooperation mechanism that integrates finance, technology, policy, and expertise [2][3]. - The bank aims to deepen strategic cooperation with data exchange and guarantee institutions, focusing on key technical aspects such as asset valuation modeling and risk pricing to contribute to the construction of a "data element X financial service" ecosystem [3].