Group 1 - The China Securities Regulatory Commission (CSRC) is implementing the "Data Element ×" action plan to integrate data elements into the capital market, guided by the "Three-Year Action Plan (2024-2026)" [1] - A pilot program for "Data Element × Capital Market" has been initiated, with 11 pilot projects selected from 8 provinces and cities, focusing on beneficial explorations in securities, futures, and regional equity markets [1] - The CSRC has highlighted three successful case studies in the securities and futures industry that showcase innovative data applications, including risk control in futures markets and blockchain-based risk data sharing [2] Group 2 - The CSRC is actively promoting the development and utilization of public data, with several exemplary cases recommended for public data application, including initiatives to connect enterprises with capital markets [3] - A clear plan for high-quality data set construction in the securities and futures industry has been established, setting development goals for the next three years [3]