Core Insights - The article discusses the significance of data as a key production factor driving industrial upgrades and transformations in the context of the booming digital economy. It highlights the pilot program for data asset management initiated by the Ministry of Finance, with Anhui Province being one of the first selected pilot regions [1]. Group 1: Company Initiatives - Anhui Jianghuai Automobile Group Co., Ltd. (Jiangqi Group) has actively responded to the policy by launching a data asset management pilot project in early 2025, successfully completing the initial phase of work verification [1]. - A summary meeting was held by Jiangqi Group to discuss the data asset project, attended by representatives from various organizations, focusing on the path to data assetization [1]. Group 2: Collaboration and Development - Jiangqi Group collaborated with the China Economic Information Agency to explore key aspects of data asset management, including resource inventory, management system construction, and digital talent development [2]. - The project aims to transform data from a "resource" into an "asset," with a focus on creating a data service system driven by strategic orientation and business needs [2]. Group 3: Talent and Organizational Capacity - The pilot project emphasizes the importance of talent and organizational capability development, providing systematic training to enhance understanding and collaboration across various departments [3]. - Jiangqi Group aims to further improve its data asset management system and deepen the application of data elements across the entire value chain, including R&D innovation and customer service [3].

Core Insights - The article emphasizes the importance of data asset management as a strategic necessity for companies to leverage data as a core asset for growth and innovation in the evolving digital economy [1][18]. Group 1: Data Value Transformation - The 8.0 version of the guide outlines a three-stage transformation of data value: resourceization, assetization, and capitalization, providing a clear path for companies to follow [2][28]. - Resourceization focuses on ensuring data quality, security, and availability, which are prerequisites for value release [2][28]. - Assetization aims to make data's value visible and measurable through activities like registration, valuation, and internal/external circulation [2][28]. - Capitalization allows data to be treated as a stable asset, enabling innovative financing methods such as pledging for loans and securitization [2][28]. Group 2: Practical Implementation Paths - The guide identifies four core paths for companies to realize data value: digitalization of industries, digital management, digital productization, and ecosystem collaboration [4][5]. - It provides tailored strategies for different types of companies, including value operation-focused firms, transaction innovation-driven companies, compliance-driven enterprises, and foundational management-focused organizations [5][6][7]. Group 3: Future Trends - The report anticipates five key trends in data asset management: integration of AI in data management, real-time decision-making through digital twins, establishment of precise value measurement frameworks, expansion of knowledge management, and active participation in data market ecosystems [9][10][11][12][13]. Group 4: Target Audience - The guide is designed for various stakeholders, including CEOs and CDOs for strategic direction, data department heads for optimizing management systems, business managers for understanding data's role in innovation, and finance/legal personnel for compliance challenges [14][15][16][17].

Group 1 - The "2025 Data Asset Management Conference" was held in Beijing, focusing on topics such as data asset management, intelligent applications, and high-quality data sets, with over a thousand experts and representatives from various industries attending [1] - The China Communications Standards Association has published a total of 52 industry standards and 73 group standards related to intelligent data, along with over 260 technical documents and research reports, aiming to promote the development of global intelligent data standards [1] - The China Academy of Information and Communications Technology (CAICT) is committed to advancing research in data elements and their integration with intelligent technologies, focusing on key areas such as data asset management and high-quality data set construction [2] Group 2 - The CAICT released the "Data Asset Management Practice Guide 8.0," which outlines the evolving boundaries of data asset management and identifies four value collaboration paths: industrial digitalization, management digitalization, digital industrialization, and ecological factors [2] - The conference featured parallel forums addressing next-generation data assets, intelligent applications, and high-quality data infrastructure, where industry experts discussed key issues in data governance and asset management [3] - The shift towards a "human-machine collaboration" governance model is emphasized, with a focus on the assetization of unstructured data and the integration of domain knowledge with intelligent systems to enhance data-driven capabilities [3]

Core Insights - The 2025 China International Big Data Industry Expo was held in Guiyang, Guizhou Province, where Nansha District Market Supervision Administration received the first international "ISO 55013 Data Asset Management System Certification" for a government department, marking a significant step in standardization, digitalization, and internationalization of market regulation [1][2] Group 1 - ISO 55013 is a core standard established by the International Organization for Standardization (ISO) for data asset management, serving as an "international passport" to measure an organization's data asset management capabilities [1] - Nansha District Market Supervision Administration aims to integrate international standards with frontline business scenarios to achieve innovative practices, focusing on "data empowerment for service and regulation" [1][2] Group 2 - Since 2022, Nansha District Market Supervision Administration has collaborated with Guangzhou Standardization Research Institute to initiate the development of international standards for data asset management [2] - The global first data asset management international standard ISO 55013 was released in Nansha in July 2023, covering the entire process of data definition, collection, storage, analysis, usage, and protection, providing a systematic tool for data quality management, security governance, and value realization [2]

Core Insights - The company reported a revenue of 34.391 billion yuan for the first half of 2025, representing a year-over-year increase of 21.65%, with a net profit attributable to shareholders of 1.18 billion yuan, up 41.07% year-over-year [1][2] Financial Performance - Revenue from industrial data services and steel trading services was 366 million yuan and 33.994 billion yuan, respectively, showing a decline of 3.91% and an increase of 21.77% year-over-year [2] - The company's gross profit margin was 1.33%, down 2.20 percentage points year-over-year, while the net profit margin increased by 88.01 percentage points to 0.62% [1] - Operating cash flow was 330 million yuan, down 47.31% year-over-year, primarily due to a decrease in accounts receivable and funds tied up in the supply chain business [2] Strategic Initiatives - The company is enhancing quality and standardization in data services, having completed the "Industrial Data Security Management Specification" to ensure data quality [3] - AI technology is being integrated into industrial data services, with the development of a large language model tailored for bulk commodities and the successful application of AI products in various scenarios [3] - The company has built a vast industrial database covering over 100 industry chains across eight major sectors, continuously optimizing data asset management [3] Market Position and Recognition - The company maintains a strong market presence with over 19,000 registered users on its e-commerce platform and partnerships with over 350 steel mills [4] - The company received multiple accolades, including recognition as a "Chain Master" enterprise in Shanghai and being listed among the top 10 enterprises in the steel industry internet sector [4] Global Expansion - The company is expanding its international presence, with overseas service revenue increasing by 9.7% year-over-year [5] - The company has signed a memorandum of understanding with Argus to jointly publish iron ore price indices and has achieved recognition for its price indices in international trade [5] Future Projections - Revenue projections for 2025-2027 are 71.631 billion yuan, 80.948 billion yuan, and 93.087 billion yuan, with corresponding net profits of 2.44 billion yuan, 2.76 billion yuan, and 3.19 billion yuan [6] - The company is expected to maintain a price-to-earnings ratio of 37.05, 32.73, and 28.37 for the years 2025-2027 [6]

Group 1: Data Operations and RWA - The company has a strong position in data operations, leveraging its role as a certified data broker to assist governments in developing data value and promoting data monetization [3] - Collaboration with local governments and enterprises is key, focusing on county-level data asset operations, with signed projects like the Guangzhou Data Exchange service area [3] - The company aims to enhance its data operations by integrating with potential industries and licensed partners [3] Group 2: Digital Currency and Financial Technology - The company is actively involved in the application of digital RMB, having completed the first sample card loaded with a digital RMB hardware wallet [4] - It has participated in national subsidy and pension distribution efforts, aiming to combine traditional business with new technologies [5] - The company has received the first global ISO 55013 certification for data asset management, indicating its capability in managing data assets [5] Group 3: AI and Government Services - The company has developed a vertical government AI model, accumulating service data from over 100 cities, enhancing the accuracy of government-related inquiries to over 97% [6] - It is focusing on a "light asset" model for computational power, collaborating with specialized computing firms to optimize its product and application advantages [6] Group 4: Team Empowerment and Business Transformation - The company is enhancing team capabilities through an "internal and external dual-drive" strategy, restructuring internally while collaborating with capable B-end partners [6]

Core Viewpoint - The article discusses the collaboration between Shenwan Hongyuan Securities and Qikuo Intelligent to explore innovative financial solutions for the high-quality development of the cultural tourism industry in Jiangxi Province, focusing on the feasibility of issuing REITs for a specific scenic area [1][6]. Group 1: Exploration of Asset Securitization - The seminar emphasized the creation of quality cultural tourism assets, analyzing the logic and operational pathways for REITs projects [2]. - Digital tools are proposed to address the challenges of revitalizing existing assets, utilizing big data to analyze visitor consumption habits and preferences, thereby optimizing project layouts and service offerings [2]. - A digital asset trading platform is suggested to attract more social capital, facilitating effective investments and promoting industry upgrades [2]. Group 2: Highlighting Quality Assets - Local tourism asset managers presented the achievements of key scenic areas, which maintain high visitor traffic and have established a stable revenue system [3]. - The goal is to create a "phenomenal cultural tourism IP," continuously enhancing service quality and contributing to the local tourism industry's development [3]. - Digital management methods, such as smart navigation systems and visitor flow monitoring, are being actively introduced to improve visitor experience and operational efficiency [3]. Group 3: Operational Strategy - Qikuo Intelligent outlined a dual-driven strategy of "heavy assets + light assets" for tourism asset operations [4]. - In the heavy asset sector, professional valuation of quality assets with mature cash flows will be conducted, focusing on long-term operational planning [4]. - The light asset sector aims to adopt successful experiences from large theme park IP operations, enhancing asset yield through brand effect and digital marketing strategies [4]. Group 4: Deepening Cooperation - The discussion marks a deeper, pragmatic phase of collaboration between Shenwan Hongyuan Securities and Qikuo Intelligent [6]. - The securities firm aims to continue acting as a bridge for financial institutions, fostering a close cooperation mechanism to explore innovative models of industry-finance integration [6]. - The goal is to transform Jiangxi's tourism resources into developmental advantages, promoting sustainable high-quality growth in the local tourism industry [6].

Group 1 - The trend of data asset value realization is becoming more prominent, with more data being transformed into high-value assets, supported by financial market innovations that open diverse financing channels for related companies [1] - Experts predict that the market-oriented allocation mechanism for data factors will continue to improve, accelerating the process of data value release, which is expected to become a core engine driving high-quality development of the digital economy [1] Group 2 - Aopu Mai Biotechnology Co., Ltd. announced plans to acquire 100% of Pengli Biopharmaceutical Technology (Shanghai) Co., Ltd. through a combination of share issuance and cash payment, highlighting the importance of data as a valuable resource for companies [2] - Companies are increasingly focusing on building comprehensive data management systems to enhance data quality and extract data value, with many establishing specialized data management teams [2][3] Group 3 - A growing number of listed companies have appointed Chief Data Officers to strengthen data strategy and promote deep integration of data resources with business operations [3] - Companies are leveraging professional systems to achieve intelligent and refined data asset management, utilizing data asset management platforms and AI technologies to maximize data value [3] Group 4 - The process of data asset capitalization is crucial, with the inclusion of data assets in financial statements providing solid support for the confirmation, measurement, and disclosure of data value [4] - In the first quarter of 2025, 91 A-share listed companies included data assets in their financial reports, with a total scale of 4.402 billion, marking a significant increase in both the number of participating companies and the scale of inclusion compared to the previous year [4] Group 5 - Data asset inclusion in financial statements enhances resource allocation efficiency and facilitates precise capital market resource allocation, allowing for better monetization of data assets [5] - The successful listing of data assets, such as the smart parking data asset from Zhenjiang Transportation Industry Group, demonstrates the potential for data assets to be valued and traded in the market [5] Group 6 - The process of data capitalization has accelerated significantly under the drive of financial innovation, with examples such as the issuance of asset-backed securities based on operational and public service data [6] - The approval of the first data center REITs in the country further enriches the practice paths for data capitalization, injecting new momentum into industry development [6] Group 7 - The Chairman of the China Securities Regulatory Commission indicated ongoing support for technology companies to utilize intellectual property and data assets for asset securitization and REITs, signaling future policy support and financial innovation to promote the development of the data factor market [7] - Standardization of entity economic data is essential for transforming it into data required by capital markets, which is a primary task of financial technology [7]

Core Viewpoint - Data elements are increasingly recognized as a core production factor of new quality productivity, with significant multiplier effects and innovation engine roles [1][2]. Group 1: Company Involvement and Achievements - Desheng Technology has actively participated in the construction of the Guangzhou Data Exchange (Tianhe) service area, contributing to the government's goal of creating a data element aggregation hub and promoting the regional digital economy strategy [1]. - The cumulative transaction amount of the Guangzhou Data Exchange (Tianhe) service area has exceeded 1 billion yuan, accounting for over 50% of the total data transaction volume in Guangzhou [1]. - As of May 2025, the transaction amount in the service area is expected to surpass 280 million yuan, with 41 transactions recorded [1]. Group 2: Strategic Initiatives and Ecosystem Development - In 2024, Desheng Technology successfully won the bid for the "Guangzhou Data Exchange (Tianhe) Service Area Operation Service" project and was selected as one of the first batch of data element enterprises in Guangzhou [2]. - The company aims to build an integrated data ecosystem by combining "data elements" with "assisting regional data ecosystem development," providing comprehensive services for data circulation and transaction [2]. - The service area is designed to activate the potential of data elements through innovative services, offering full-cycle growth support for enterprises, including product refinement, market promotion, financing connections, and international certification [2]. Group 3: Recognition and Future Plans - Desheng Technology received the world's first "ISO 55013 Data Asset Management System Certification" by the end of 2024, establishing its leading position in data asset management [3]. - This certification signifies the company's professional strength and industry status in data asset management, recognized by international organizations [3]. - The company plans to efficiently integrate data resources, participate in the registration and governance of local public data resources, and promote the collaborative development of national "data supermarkets" and local "service areas" to fully unleash the value of data elements [3].

Core Insights - China National Petroleum Corporation (CNPC) has applied for a patent for a data asset management system based on a drilling data platform, aimed at addressing information silos and enhancing data management in the drilling industry [1] Group 1: Patent Application - The patent titled "A Data Asset Management System Based on a Drilling Full Business Data Platform" was filed by China National Petroleum Group Bohai Drilling Engineering Co., Ltd. on September 2023 [1] - The system framework consists of four horizontal and three vertical components, where the horizontal components represent the process of data assetization and the vertical components refer to the supporting system for drilling data platform construction [1] Group 2: Data Management and Technology - The invention aims to establish a unified data collection and storage system, providing standardized data sharing services and application architecture, effectively solving the issue of information silos [1] - By utilizing advanced big data technologies, the system transforms massive amounts of data into high-quality data assets, facilitating a shift from control to empowerment in information management [1] Group 3: Company Overview - China National Petroleum Group Bohai Drilling Engineering Co., Ltd. was established in 2008 and is primarily engaged in oil and gas extraction, with a registered capital of 1,621,400,000 RMB [2] - The company has participated in 5,000 bidding projects and holds 3,031 patent records, along with 10 trademark records and 70 administrative licenses [2]