Core Viewpoint - The successful issuance of the first data asset securitization project in China marks a significant milestone in recognizing data as a new asset class and facilitates the transformation of data resources into capital [1][2]. Group 1: Project Details - The first phase of the "Huaxin-Xinxin-Data Asset 1-5 Phase Asset-Backed Special Plan" was officially issued on July 31, with a scale of 133.7 million yuan and a priority ticket interest rate of 2.0% [1]. - The project involves nine participating enterprises from Jiangsu, Zhejiang, Shaanxi, and Jiangxi provinces, including listed companies and private enterprises, showcasing a diverse range of ownership structures [1]. Group 2: Innovation Mechanism - The project employs an innovative mechanism that allows multiple data assets to be pledged for loans, demonstrating the feasibility of using data assets as collateral for financing [2]. - This model breaks the traditional reliance on physical assets for financing, providing new funding pathways for asset-light data companies [2]. Group 3: Market Impact - Following the approval of this project, there has been an acceleration in financial innovation related to data assets, with other similar projects successfully launched within three months [3]. - The impact of data asset securitization is expected to extend across multiple sectors, promoting the establishment of a unified national data market [3].

今年4月14日，该项目于深交所首获无异议函的消息曾引发关注，被誉为"金融市场里程碑事件"。如 今，这一开创性产品成功从"获批"迈向"落地"，不仅体现了资本市场对数据要素作为新型基础资产类别 的高度认可，更是金融服务实体经济、畅通数据要素"资源-资产-资本"价值转化通道的重大突破。 "数据家底"变为流动资金，四省企业共享融资红利 本项目9家入池企业分布于江苏、浙江、陕西、江西四省七城，既有综合数据服务提供商每日互动这样 的上市公司，也有工业智能数据设备提供商江西冠英智能科技这样的民营专精特新小巨人企业，还有陕 西省属国企陕建集团子公司陕建物流集团、南京市建邺国资集团旗下园区管理子公司创特物业、南京市 江心洲无人驾驶服务商未来出行等国资背景企业。 支撑这种多元主体融资需求的，是一套采用多笔数据资产质押贷款的创新机制。它的核心价值在于，通 过完整的操作闭环验证了"数据资产可作为基础资产独立入池融资"的可行性，从数据资源筛选、合规审 查，到资产定价、证券化发行，再到现金流的结构化设计，形成了一套可复用的全链条流程，为行业提 供宝贵的操作范本。这种创新模式下，数据企业能够将数据资产转化为融资工具，打破了传统融资对实 物 ...