基于首批数据中心公募REITs申报发行的实践，王雪认为数据中心公募REITs入池资产的筛选，除了法 规指引要求的必需条件之外，还要考虑四类额外指标：一是数据中心项目所在区位，一线城市所带来的 数据中心需求较高，可侧重于选择一线及一线周边区域运营成熟稳定的数据中心资产。二是资产规模， 具备较大规模的数据中心更能匹配终端客户大规模业务部署要求。三是合规手续，应重点关注能耗、 PUE等数据中心项目关键指标。四是增值电信业务经营许可证要求，建议将许可证的维护和管理纳入到 运管协议中重点考虑。 南方基金南方润泽科技（300442）数据中心REIT基金经理王雪以公募REITs与数据中心跨市场协同为主 题，对公募REITs赋能新质生产力进行深入阐述。王雪认为，数据中心是数字经济时代深度转型发展的 重要基础设施，数据中心公募REITs成功获批发行，为数据中心行业走通"投融管退"的资产全生命周期 提供了灵活且有效的退出平台，凸显了REITs作为新质生产力"加速器"的助推作用和活水作用。 王雪还提到，关于数据中心公募REITs重要关注点还包括资本性支出改造，包括专业服务设备的更新换 代以及满足数据中心绿色化、集约化发展趋势所带来 ...

Group 1 - The industrial economy in China is experiencing growth driven by over a hundred AI-enabled devices such as AI smartphones, computers, and glasses [2] - The number of 5G mobile phone users has reached 1.118 billion, with intelligent computing power scaling up to 748 EFLOPS [3] - More than 140,000 specialized and innovative small and medium-sized enterprises have been cultivated, including 14,600 "little giant" enterprises [4] Group 2 - New work plans for stabilizing growth in key industries such as steel, non-ferrous metals, petrochemicals, and building materials will be released soon [5] - Implementation plans for digital transformation in the automotive and machinery sectors are set to be issued [6] - The "Artificial Intelligence +" initiative will accelerate the deployment of large models in key manufacturing sectors [6] Group 3 - The establishment of national-level manufacturing pilot platforms is underway, focusing on critical areas such as raw materials and emerging industries [6] - A series of actions will be taken to address overdue payments to small and medium-sized enterprises [7] - The establishment of the second phase of the National SME Development Fund aims to attract more social capital for investment in hard technology [7] Group 4 - The first public REITs for data centers have been established, raising a total of 69 billion yuan, indicating strong investor interest [11][12] - China's unicorn companies have a total valuation exceeding 1.2 trillion USD, reflecting the vitality of new productive forces [12] - The digital asset exchange Bullish has filed for an IPO, marking the first public listing attempt following the enactment of the stablecoin legislation [12]