Core Viewpoint - The strategic partnership between Hainan Huatie and RWA Research Institute aims to integrate real-world assets (RWA) with the digital economy, marking a significant step in the digital transformation of traditional industries in China [2][3]. Group 1: Strategic Cooperation - Hainan Huatie announced a deep strategic cooperation with RWA Research Institute on June 25, focusing on three main areas: asset on-chain value reassessment, industry standard formulation, and global circulation practices [2]. - This collaboration represents the first instance of a Chinese entity establishing a compliant ecosystem for RWA that connects policy, technology, and cross-border operations [2]. Group 2: Asset Valuation and Digital Transformation - The partnership will develop a blockchain-based asset valuation model that covers the entire lifecycle of equipment, integrating IoT dynamic data, computing power demand indices, and market circulation factors [3]. - The model aims to redefine the value of traditional physical assets into digital assets, enhancing their liquidity and financial attributes [3]. Group 3: Regulatory Framework and Cross-Border Solutions - The recent RWA sandbox project regulations and stablecoin issuance guidelines from the Hong Kong Monetary Authority provide a regulatory framework for Chinese real assets to enter global markets [4]. - Hainan Huatie plans to contribute to the development of the "RWA Project Evaluation Standards," facilitating the cross-border circulation of engineering equipment and computing resources [4]. Group 4: Practical Applications and Market Development - The establishment of the "RWA + Real Economy" joint laboratory will accelerate the implementation of three key industry scenarios: on-chain fractional leasing of engineering equipment, the creation of a trading market for computing resources, and a cross-border leasing platform for high-tech equipment in Southeast Asia [6]. - The collaboration also aims to explore green finance models that link computing power assets with carbon assets, supporting the green "Belt and Road" initiative [6]. Group 5: Overcoming Challenges in RWA Implementation - The partnership addresses three major challenges in RWA implementation: solving the "asset scarcity" issue through the scale of physical assets, overcoming "going global" difficulties with the Hong Kong compliance framework, and reducing "trust costs" through hardware-level on-chain solutions [7]. - The formation of a global circulation paradigm for "on-chain Chinese assets" is expected to drive the deep integration of the digital economy with the real economy, injecting momentum into the development of new productive forces [7].