未来，数纽联盟将汇聚各方力量，广泛链接并赋能市场主体和生态体系，更大力度推动数据要素高水平 开发利用，持续发掘数据要素价值释放新模式新路径，共同推动全国一体化数据市场建设。 为深化一体化的新型基础设施建设，上海数据交易所还联合上海区块链技术研究中心、区块链服务网络 （BSN）发展联盟、蚂蚁链、红枣科技等头部技术企业成立一体化数据市场区块链跨链实验室，开展基 础理论与关键技术的研究，实现跨链技术在数据市场的示范应用，推动数据市场区块链跨链技术的规模 化应用。 此外，上海数据交易所还发布数据流通制度体系（2025）和一体化数据市场标准体系，首发数据市场智 能体并携手生态伙伴建设智能体市场。 "当规则制度、标准、基础设施、智能体等方面都发展起来时，数据市场一体化建设更有效率，才可以 服务更多的市场主体。"上海数据交易所总经理汤奇峰表示，"此次多项举措的推进，标志着上海数交所 在数据市场建设上迈入了3.0时代，从关注挂牌产品延伸到更关注市场主体的建设中。" 我国数据要素市场3.0时代，如何加快建设一体化数据市场？ 6月27日，在由大数据流通与交易技术国家工程实验室、中国数据资产管理50+论坛、上海数据交易所 共同主办 ...

Core Viewpoint - The article emphasizes the importance of advancing the market-oriented reform of data resource allocation and the establishment of a robust data infrastructure to enhance the utilization of data resources in Shaanxi province [1] Group 1: Data Resource Development - The National Development and Reform Commission aims to promote the market-oriented allocation of data elements and implement a comprehensive approach to data resource development and utilization [1] - There is a focus on building a sound policy environment and foundational systems for data [1] Group 2: Infrastructure and Trust - The establishment of credible data spaces and infrastructure is crucial for ensuring the trustworthy and efficient circulation of data [1] - The article highlights the need for effective data infrastructure to support the development of the data industry [1] Group 3: Application and Market Mechanism - The promotion of practical applications of data in various scenarios is essential to leverage the role of data elements and public data [1] - The article discusses the importance of utilizing market mechanisms to manage both on-market and off-market transactions, aiming to create a unified national data market [1] Group 4: Industry Support - There is a strong emphasis on nurturing the data industry and supporting the growth of various data enterprises [1] - The article calls for proactive service measures to assist in the development of the data sector [1]

6月27日，由大数据流通与交易技术国家工程实验室、中国数据资产管理50+论坛、上海数据交易所共 同主办的"共创.共建.共享"一体化数据市场建设大会在上海举办，数据流通供需方及服务机构等市场主 体、专家学者代表参会。会上，数纽联盟、一体化数据市场区块链跨链实验室成立，上海数据交易所提 出培育市场主体、建设核心功能、提供共性服务的创新举措，发布数据流通制度体系(2025)和一体化数 据市场标准体系，首发数据市场智能体并携手生态伙伴建设智能体市场。(证券日报) ...

新华财经上海6月27日电 "共创·共建·共享"一体化数据市场建设大会27日在上海举办。数纽联盟、一体 化数据市场区块链跨链实验室在大会上宣告成立。上海数据交易所在大会上提出培育市场主体、建设核 心功能、提供共性服务的创新举措，发布数据流通制度体系（2025）和一体化数据市场标准体系，首发 数据市场智能体并携手生态伙伴建设智能体市场。 数据交易机构是一体化数据市场建设的重要抓手。上海数据交易所将推动一体化数据市场培育TTP工程 （Ten Thousand Projects），以数据市场主体为核心、以数纽中心NDP（Nexus Data Market Pivot）为抓 手，打造有规模数据资源、有核心能力、有应用示范、有探索创新的四类主体，通过核心功能和共性服 务互联市场，构建一体化数据市场新范式，力争从2025年起，三年内建成1千个以上数纽中心。 上海数据交易所方面表示，未来，数纽联盟将汇聚各方力量，广泛链接并赋能市场主体和生态体系，更 大力度推动数据要素高水平开发利用，持续发掘数据要素价值释放新模式新路径，共同推动全国一体化 数据市场建设。 （文章来源：新华财经） 为更好构建以共创、共建、共享为理念，以市场主体 ...

Group 1 - The mayor emphasizes the importance of enhancing resource development and utilization, promoting compliant and efficient circulation of data resources, and exploring paths for data elementization, resourceization, and assetization [1] - Integer Intelligent Information Technology (Hangzhou) provides professional intelligent data engineering platforms and data set construction services for the AI industry, with applications in smart driving and smart healthcare [1] - The mayor encourages companies to focus on cutting-edge fields, quickly address market demands, accelerate key technology breakthroughs, and diversify application scenarios to drive development in the industry [1] Group 2 - Hangzhou Jinglian Cultural Technology Company builds a self-developed data processing platform, creating a "data kitchen" model to provide high-quality data products for large model manufacturers [2] - Zhejiang Fulian Technology Company is one of the first enterprises in the "reform sandbox" for data elements, with products applied in financial fraud prevention and power operation [2] - The mayor highlights the need for leading enterprises to leverage their technological advantages, continuously innovate and optimize data service products, and explore new models and scenarios for data asset operation and circulation [2] Group 3 - Hangzhou Data Exchange focuses on a compliance system, infrastructure, application scenarios, and ecological construction to explore a compliant transformation path from data resourceization to data value realization [3] - The mayor stresses the importance of top-level design, focusing on key aspects of data resourceization, and enhancing data mining and utilization capabilities [3] - There is a call to strengthen the data element industry ecosystem, innovate systems and mechanisms for data resourceization, productization, and assetization, and promote compliant and orderly data flow [3]

Core Insights - The Shanghai Data Exchange has achieved a data trading volume exceeding 3 billion yuan this year, marking a year-on-year growth of over 30% [1] Group 1 - The Shanghai Data Exchange hosted the "Integrated Data Market Construction Conference" [1] - The total trading volume as of June 26 has surpassed 3 billion yuan [1] - The year-on-year growth rate of the trading volume is over 30% [1]

Individual Company News - Xiaomi Group (01810.HK) officially launched its first SUV, the Xiaomi YU7, with a starting price of 253,500 yuan, achieving over 289,000 pre-orders within one hour [1] - WanGuo Data (09698.HK) has received approval from the China Securities Regulatory Commission and the Shanghai Stock Exchange for the registration and initial public offering of its closed-end infrastructure securities investment fund [1] - China Biologic Products (01177.HK) has included a new indication for its LM-108 "CCR8 monoclonal antibody" in the breakthrough therapy designation program [1] - China Life Insurance (02628.HK) plans to invest 1.2 billion yuan to establish a partnership for investing in nuclear power enterprises [1] - New Special Energy (01799.HK) subsidiary Fengsheng Power received a 500 million yuan capital increase from ICBC Financial, diluting its stake to 55.62% [1] - WuXi AppTec (02359.HK) was increased by Computershare Hong Kong Trustees Limited by 1.1786 million shares at approximately 76.70 HKD per share [1] - Bosideng (03998.HK) reported a profit attributable to shareholders of 3.514 billion yuan for the year ending March 31, 2025, representing a year-on-year increase of 14.31% [1] Strategic Review - Hong Kong Travel (00308.HK) board is continuously conducting periodic research and strategic reviews of the company's business layout and portfolio, with no guarantees that the review process will lead to any announcements or completed transactions [2]

Group 1 - Data is regarded as the "new oil" and "new currency," becoming a fundamental engine for the deepening development of the digital economy [1] - China is enhancing its focus on data as a key factor for gaining competitive advantages in the next round of industrial competition [1][2] - The establishment of a comprehensive system for the value realization of data elements is a long-term and complex project requiring both institutional innovation and practical exploration [1][2] Group 2 - China's path to data value realization will balance safety and development, addressing the relationships between data development and regulation, security and application, as well as domestic and international considerations [2] - The inclusion of data as a production factor in the Fourth Plenary Session of the 19th CPC Central Committee has solidified its status and value enhancement [3] - Recent policies, including the Ministry of Finance's guidelines on data asset management, indicate that data assets are now recognized as important strategic resources for digital economic development [3] Group 3 - Data assetization is a key goal for maximizing the value of data resources, transforming them into a new source of economic growth [4] - The number of data trading institutions and related enterprises is increasing, with approximately 17,600 data trading companies in operation by the end of 2024, 25% of which were established within the last year [4] Group 4 - The process of data value release involves three stages: resourceization, assetization, and ultimately capitalization [5] - Data resourceization is the starting point for value release, focusing on converting raw information into manageable and reusable data assets [5] Group 5 - A successful data monetization strategy requires a closed-loop solution that aligns with national policy, industry development, low-cost investment, sustainable value growth, and high economic efficiency [6] - An example of a successful data service project involved a city investment company that invested over 3 million yuan, resulting in a data asset valuation exceeding 5 million yuan and a market value of over 30 million yuan [6][7] Group 6 - The "value cube" of data is achieved through addressing three key issues: rights confirmation, circulation, and financing [8][10][12] - The establishment of a data rights confirmation system aims to clarify ownership issues, with innovative products like the "three certificates" service for data rights [8] - A dual-driven model of government guidance and market dynamics is being developed to create an efficient and trustworthy data market ecosystem [10] Group 7 - Data asset pledge financing is a common practice that offers low-cost, efficient, and flexible solutions for financing challenges faced by small and medium-sized enterprises [12] - The construction of a data financing platform facilitates the management of data assets, ensuring compliance, quality, and value assessment [12] Group 8 - The essence of the "value cube" lies in the innovation of models, technological empowerment, and ecological collaboration, which together facilitate the realization of data value [14]

Core Viewpoint - Yiren Technology has completed a multi-million Pre-A round financing, focusing on the commercial closed-loop of spatiotemporal data collection, processing, and application, positioning itself as a leading spatiotemporal intelligent data service provider in China [4][5]. Group 1: Company Overview - Yiren Technology is the first company in China to achieve a commercial closed-loop for spatiotemporal data collection, large model data processing, and scenario application [4]. - The company provides spatiotemporal intelligent products and services for industries such as geographic information, autonomous driving, embodied intelligence, and low-altitude economy [4][5]. - Yiren Technology is recognized as a national high-tech enterprise and a "little giant" enterprise in Shanghai [4]. Group 2: Market Context - Spatiotemporal data is a core data form in modern geographic information science, IoT, and AI, and is essential for emerging industries like AI, autonomous driving, low-altitude economy, and smart cities [4]. - The market for spatiotemporal data is experiencing explosive demand, especially as it is integrated into the national "new infrastructure" initiative [4]. Group 3: Challenges in the Market - The market faces challenges such as a lack of stable and effective data suppliers, as major data holders like car manufacturers and map companies do not engage in data trading [5]. - Available spatiotemporal data is often static and historical, failing to meet the dynamic updating needs of scenarios like autonomous driving and disaster response [5]. - The absence of unified format standards for multi-source heterogeneous data increases processing costs and technical difficulties [5]. Group 4: Business Model and Technology - Yiren Technology has built a comprehensive spatiotemporal data perception network that includes intelligent connected vehicles, electric bicycles, low-altitude aircraft, and various sensing devices across over 300 cities in China [8]. - The company has developed its own spatiotemporal intelligent model, which integrates heterogeneous data and enables applications such as traffic flow prediction and environmental monitoring [8]. - Yiren Technology offers four main product and service categories: traffic information intelligence, autonomous driving data services, low-altitude economy data services, and embodied intelligence data services [8]. Group 5: Partnerships and Future Plans - Yiren Technology collaborates with major internet companies like Tencent, Alibaba, and Baidu, as well as automotive manufacturers and firms in geographic information and smart transportation [11]. - The company plans to partner with the BeiDou satellite navigation system to enhance its spatiotemporal data perception capabilities [11]. - Future applications of spatiotemporal intelligent technology are expected to expand into finance, insurance, and weather sectors [11].

Core Points - Shanghai Longyu Data Co., Ltd. has received a decision from the Shanghai Stock Exchange to terminate its stock listing, effective from June 10, 2025, with the expected last trading date being June 30, 2025 [2][3] - The stock will enter a delisting arrangement period of 15 trading days, during which the first trading day will have no price limit, while subsequent days will have a price fluctuation limit of 10% [3] - The company plans to conduct a share buyback during the delisting period, with a total amount between RMB 50 million and RMB 100 million, and a maximum buyback price of RMB 4.85 per share [5] Summary by Sections Delisting Announcement - The company received a self-regulatory decision from the Shanghai Stock Exchange regarding the termination of its stock listing [2] - The stock will enter a delisting arrangement period starting June 10, 2025, with a total of 15 trading days [2][3] Trading Restrictions - The stock will be traded on the risk warning board with specific trading codes and limits [3] - Individual investors must have over 24 months of trading experience and meet asset requirements to buy delisted stocks [3] Risk Disclosure - The company will issue risk warning announcements during the delisting period, including a notice on the first trading day and subsequent notices every five trading days [3] Share Buyback Plan - The company intends to repurchase shares during the delisting period, with a total amount between RMB 50 million and RMB 100 million, and a maximum price of RMB 4.85 per share [5] - Key stakeholders will not reduce their shareholdings during the buyback period [5]