"扬州经济高质量发展离不开高质量金融供给，离不开省级金融资源赋能助力。"扬州市委书记王进健表 示，"我们期盼省国金集团和江苏银行、华泰证券、信保集团等金融机构与扬州建立更宽领域、更深层 次的密切合作，在培育新质生产力、新增项目融资、企业股改上市、盘活国有资产等方面形成更多标志 性成果。" 针对"扬州试点"重点合作内容，首批签约项目涵盖存量债务优化、债券接续、担保增信、融资租赁、资 产盘活五大类别，共27家企业，60个项目，多家省级金融机构累计提供逾260亿元综合融资及服务支 持。同时在签约活动上，江苏省产权交易所扬州分中心揭牌成立，江苏省产权交易所是全国首批成立的 省级产权交易机构之一，此次在扬州设立分中心，将进一步发挥省产交所的资源优势与专业能力，帮助 扬州市优化资源配置，发挥存量资产盘活最大效益。 金融是现代经济的核心。金融活，则经济活；金融稳，则经济稳。扬州作为长三角一体化发展的重要节 点城市，产业基础厚实、创新活力澎湃、发展前景广阔。"此次江苏省国金集团与扬州合作落地省级金 融业务协同平台试点，既是构建'股、贷、担、保、投'省级金融服务体系的创新之策，也是落实江苏省 委、省政府决策部署、有力助推金融强 ...

Core Viewpoint - The establishment of a cooperative mechanism between Beijing's Public Security Bureau and Beijing Property Exchange aims to effectively manage and dispose of seized virtual currencies, addressing the challenges posed by the strict regulations on virtual currency transactions in China since 2021 [1][2]. Group 1: Innovative Disposal Solutions - On May 23, a special transaction involving over 7,000 virtual currencies related to illegal computer system control was successfully executed through a compliant trading platform in Hong Kong, with the proceeds being returned to China [2]. - The difficulty in disposing of seized virtual currencies stems from strict domestic regulations that prevent centralized trading, leading to a "seizure is easy, disposal is hard" dilemma for law enforcement [3]. - Various local practices have emerged to address disposal challenges, but they often carry risks and may conflict with regulatory policies [2][3]. Group 2: Development of the "Beijing Model" - In April 2024, the Public Security Bureau's Legal Affairs Division developed guidelines for the management of seized virtual currencies and began collaborating with the Beijing Property Exchange to create a "Beijing Model" for cross-border disposal [4]. - The model builds on previous successful collaborations between the Public Security Bureau and the Beijing Property Exchange, which has handled over 5 million seized items since 2017 [4]. - The framework for the "Beijing Model" includes detailed procedures for the transfer, sale, and repatriation of funds, ensuring compliance and security throughout the process [4]. Group 3: Successful Implementation and Future Directions - By December 2024, the "Beijing Model" was fully operational, allowing for the systematic disposal of seized virtual currencies through the Beijing Property Exchange and compliant trading platforms in Hong Kong [5][6]. - The successful disposal of seized virtual currencies on May 23 demonstrated the model's feasibility and provided a reference for other law enforcement units [7]. - Ongoing efforts are needed to refine the model and expand its applicability, with recommendations for a flexible regulatory framework to adapt to the rapid development of virtual currencies [8].

Group 1 - China Power Construction Group held a project promotion conference in Beijing, showcasing over 100 quality asset projects across various sectors including wind power, hydropower, infrastructure, and real estate [1] - Representatives from several subsidiaries of China Power Construction, such as Electric Power Construction Marine Investment Company and Electric Power Construction New Energy Company, presented key projects and engaged in detailed discussions with investment institutions [1] - The chairman of China Power Construction Leasing Company emphasized the importance of financial solutions in supporting the group's strategic development and high-quality growth, focusing on financing leasing, supply chain services, and asset management [1] Group 2 - Beijing Property Exchange has established a close partnership with China Power Construction, facilitating the completion of 58 projects since 2022, with a total transaction scale of 10.53 billion yuan [2] - The exchange aims to support the optimization of China Power Construction's business layout and enhance the efficiency of innovative resource allocation, contributing to the creation of a globally competitive enterprise [2] - China Power Construction is recognized as a leader in clean low-carbon energy and infrastructure connectivity, actively pursuing carbon neutrality goals and providing integrated services across the entire industry chain [2]

Group 1 - The article discusses the establishment of a "room-group-local-enterprise" collaborative mechanism to combat corruption in state-owned enterprises (SOEs) in Hubei Province, highlighting the challenges of supervision in the SOE sector [1][2] - The mechanism aims to address corruption issues in areas such as project construction, material procurement, investment mergers, and credit approval, with a focus on identifying and investigating misconduct [1][2] - The article emphasizes the importance of systematic rectification in SOEs, as mandated by the 20th Central Commission for Discipline Inspection, to eliminate corruption and promote the healthy development of state-owned enterprises [1][2] Group 2 - The Shandong Provincial Commission for Discipline Inspection has implemented a collaborative approach to enhance the effectiveness of investigations in SOEs, addressing challenges such as evidence collection and case classification [2][3] - The article highlights a specific case involving a manager from Shandong Tendering Co., where the collaborative mechanism facilitated the investigation despite initial resistance [2][3] - The Shandong Provincial Commission has successfully coordinated with local monitoring bodies to address issues in the SOE sector, resulting in the detention of individuals involved in misconduct [3] Group 3 - The article outlines the role of the Guangxi Zhuang Autonomous Region's disciplinary inspection and supervision agencies in coordinating efforts to ensure compliance with regulations during investigations [4] - A case involving the Nanning Urban Construction Investment Group illustrates the effectiveness of the "room-local-enterprise" collaborative mechanism in addressing multiple issues simultaneously [4] - The article notes that the collaborative approach has led to improved case handling efficiency and the identification of violations within the Nanning Urban Construction Investment Group [4] Group 4 - The Nanning Municipal Commission has taken strict action against eight individuals from the Nanning Urban Construction Group, including two senior officials, as part of its anti-corruption efforts [5] - The article emphasizes the importance of addressing systemic issues revealed by corruption cases, advocating for a comprehensive approach to governance and oversight in SOEs [5][6] - The South Nanchong Water Investment Group's case highlights the challenges of non-bid projects and the need for enhanced supervision to prevent corruption [5][6] Group 5 - The South Nanchong Water Investment Group has undergone significant reforms, including the identification of 581 integrity risk points and the revision of 154 management regulations to enhance risk control [6] - The article underscores the importance of a collaborative supervision model that integrates various levels of oversight to effectively address corruption and improve governance in SOEs [6]

Core Viewpoint - The event aims to enhance the quality and efficiency of state-owned assets in Shenyang, facilitating high-quality development and revitalization efforts in the region [1][3]. Group 1: Event Overview - The "2025 State-owned Asset Quality and Efficiency Improvement Cooperation Promotion Conference" was held in Shenyang, organized by the Shenyang State-owned Assets Supervision and Administration Commission [1]. - The conference attracted over a hundred participants, including representatives from central enterprises, local state-owned enterprises, and various investment institutions, showcasing Shenyang's state-owned asset reform achievements [1][3]. Group 2: Strategic Goals and Achievements - The Shenyang government aims to efficiently allocate state-owned assets as part of the national strategy to "activate stock and optimize increment," with a focus on achieving "dual improvement" in quality and efficiency [3]. - Since the beginning of the year, Shenyang has completed 74 asset revitalization projects, recovering over 374,600 square meters of land and property, valued at 2.217 billion yuan, resulting in an increase of over 800 million yuan in state-owned asset revenue [3]. Group 3: Project Highlights - The conference announced 45 quality projects across various sectors, including digital cultural creation, intelligent manufacturing, and cultural tourism [4]. - Notable projects include the Metro Phoenix New City, People's Square commercial complex, and several hotel and residential developments, with strong interest from multiple investment institutions for collaboration [4]. Group 4: Regional Cooperation - A strategic cooperation agreement was signed between Beijing Property Exchange and Shenyang United Property Exchange, establishing an integrated market system for asset disposal and enhancing the flow and optimization of state-owned assets [6]. - This collaboration aims to create broader opportunities for national capital to connect with Shenyang's quality assets [6]. Group 5: Support Mechanisms - The Shenyang government plans to create a "policy + platform + capital" support system to enhance the operational ecosystem of state-owned assets [9]. - Future initiatives include establishing a key project matching list, expanding diverse cooperation models, and improving project reserve and investment matching to enhance the efficiency and quality of state-owned asset operations [9].

Core Viewpoint - The collaboration between Beijing Municipal Public Security Bureau and Beijing Property Exchange introduces a new mechanism for the disposal of virtual currencies involved in criminal cases, allowing for their conversion into cash through compliant overseas exchanges, thereby maximizing asset value [1][2]. Group 1: Innovative Disposal Mechanism - The new mechanism allows for the disposal of virtual currencies by incorporating them into the "physical submission" category, creating a compliant and fair judicial disposal model [1][2]. - This collaboration expands the existing framework established in 2017 for the physical submission of seized assets to include virtual currencies, addressing long-standing challenges in their disposal [2]. Group 2: Operational Process - The operational process involves the public security agency entrusting the disposal of virtual currencies to the Beijing Property Exchange, which then selects professional service providers to handle detection, receipt, and transfer, ultimately selling the assets through a compliant Hong Kong exchange [2][3]. - The process includes strict anti-money laundering checks to ensure compliance with national regulations and to facilitate judicial assistance in case of disputes [3]. Group 3: Pricing and Value Maximization - The pricing mechanism adheres to the Ministry of Finance's guidelines, setting a reserve price and conducting inquiries to ensure the best offer is accepted, thus maximizing the value of the seized assets [4]. Group 4: Safety and Efficiency - The disposal process is secured by requiring service providers to submit a performance bond of 110% and involves technical support from the Ministry of Public Security, with all steps recorded for risk management [5]. - The new model significantly enhances efficiency, compressing the entire process of detection, inquiry, trading, and currency conversion into a 24-hour timeframe, thereby accelerating the disposal of virtual currencies [5].

Core Viewpoint - Shanghai Trading Group is projected to achieve a trading scale exceeding 1.2 trillion yuan in 2024, emphasizing its role as a comprehensive, market-oriented trading institution engaged in various asset transactions [1][2]. Group 1: Company Overview - Shanghai Trading Group operates in multiple sectors including state-owned property, financial property, intellectual property, and cultural property transactions, as well as bidding procurement, private equity fund transfers, real estate leasing, carbon emissions trading, and data transactions [1]. - The company was established in November 2023, following the approval from the Shanghai municipal government to form it based on the Shanghai Stock Exchange [2]. Group 2: Strategic Partnerships - China National Nuclear Corporation (CNNC) is a key strategic partner of Shanghai Trading Group, with both entities achieving significant results in asset revitalization, industrial restructuring, and green low-carbon transformation since signing a comprehensive strategic cooperation agreement in June 2022 [1]. Group 3: Future Initiatives - Shanghai Trading Group aims to optimize the layout of state-owned capital by leveraging its professional and market-oriented advantages to assist in mixed ownership reform, asset restructuring, and industrial chain integration [1]. - The company plans to promote the development of new productive forces through specialized enterprise cultivation, intellectual property valuation, and financing services, facilitating the organic integration of technology, finance, and industry [1]. - It will also focus on advancing green low-carbon transformation by providing carbon finance, management, consulting, accounting, and certification services to support low-carbon industrial development [2].

Core Insights - Beijing Property Exchange has facilitated 56 equity financing projects in strategic emerging industries and future industries for central and local state-owned enterprises, attracting social capital of 51.8 billion yuan since 2024 [1] - The exchange has completed 141 projects for China National Nuclear Corporation (CNNC) and its subsidiaries over the past three years, with a transaction scale of 14.4 billion yuan [1] - The property market plays a crucial role in China's composite capital market, supporting the development of the real economy, deepening state-owned enterprise reform, and promoting technological innovation [1] Group 1 - The exchange emphasizes collaboration with the securities market to create a one-stop financing service system, aiding companies in achieving their listing goals [2] - In the past three years, the exchange has assisted seven listed companies under CNNC in completing 35 merger and acquisition projects, amounting to 3.332 billion yuan [2] - The exchange is expanding its service offerings to include new fields such as sand and gravel, slag, and capacity indicators, while also providing consulting services for REIT-like projects [2] Group 2 - The exchange aims to enhance service efficiency through "investment banking, financialization, digitization, and internationalization" initiatives [2] - Future plans include leveraging the platform's advantages to gather projects, investors, and professional services to support various market entities, including CNNC and its listed companies [2]

Core Viewpoint - Shanghai United Assets and Equity Exchange is facilitating cross-border transactions of intangible assets such as patents, copyrights, and trade secrets for specialized and innovative enterprises, aiming to enhance resource allocation and promote international investment and intelligence [1] Group 1 - The event held on May 22, 2025, focused on building an efficient and orderly cross-border transaction service chain [1] - The exchange aims to help central and state-owned enterprises optimize overseas asset allocation and activate existing assets [1] - The initiative supports specialized and innovative enterprises in conducting cross-border transactions of intangible assets, fostering new productive forces [1] Group 2 - Shanghai United Assets and Equity Exchange will leverage the advantages of the Shanghai Trading Group's comprehensive resource and factor market allocation platform [1] - The exchange plans to enhance integrated services and resource sharing while collaborating with high-quality external professional resources [1] - The goal is to attract more financial institutions and dispute resolution agencies to establish a one-stop service system for cross-border transactions [1]

Group 1 - In 2024, listed companies in China achieved a total revenue of 71.98 trillion yuan and a net profit of 5.22 trillion yuan [2] - The national property market in China recorded a total transaction volume of 25.42 trillion yuan, with a year-on-year growth of 0.16% [3] - The property market completed over 1.13 million transactions, with a total transaction value of approximately 25.42 trillion yuan [5] Group 2 - The 137th Canton Fair reported an export intention transaction amount of 25.44 billion USD, with over 60% of transactions involving countries along the Belt and Road Initiative [6] - In the first quarter of 2024, China's software and information technology service industry generated a revenue of 31.48 billion yuan, reflecting a year-on-year growth of 10.6% [7] - The logistics price index for China's road transport rose by 2.09% year-on-year in April, indicating a slight increase in transportation demand [8] Group 3 - The Western Land-Sea New Corridor has transported over 500,000 TEUs of goods this year, marking a year-on-year increase of 71.6% [11] - The 27th Beijing Science and Technology Expo showcased over 1,200 technological innovation achievements, attracting participation from over 800 domestic and foreign technology enterprises [12] - The first pumped storage power station on the Yellow River, located in Ningxia, has commenced construction, with a total installed capacity of 1 million kilowatts [13]