Core Viewpoint - The forum focused on the digitalization of physical assets, launching China's first eRWA product, MiWan.LOVE, aimed at exploring a new path for RWA in China, emphasizing compliance and technology support for high-value industry digital transformation [1][2] Group 1: eRWA Product Launch - The MiWan.LOVE product represents the practical implementation of the eRWA model, linking digital rights directly to physical sugarcane assets, ensuring authenticity and traceability [2] - The product is backed by a high-standard sugarcane plantation in Guangxi, utilizing advanced technology to convert real-time data into immutable digital rights on the blockchain [2] Group 2: Compliance and Technology - The eRWA compliance development model involves a platform that guarantees a direct correspondence between digital rights and physical assets, distinguishing it from traditional digitalization attempts that focus more on technology than on physical assets [1][2] - The use of decentralized continuous bookkeeping allows for complete digitalization of asset management, replacing traditional credit systems with data representing real-world assets [3] Group 3: Future Applications - The successful implementation of MiWan.LOVE validates a replicable path for digital rights issuance and physical asset delivery, which can be applied across various sectors such as agriculture, mining, and manufacturing [3] - This approach aims to provide new solutions for the digital transformation of numerous industries, ensuring that digital rights are always grounded in and serve the physical industry [3]

Group 1: Oil and Gas Industry Conference - The eighth Oil Merchants Conference was held in Zhoushan from October 21 to 23, focusing on "Deepening Open Cooperation to Build a Green, Low-Carbon, and Sustainable Bulk Commodity Market" [1] - A total of 366 domestic and international companies participated, with representatives from major firms like Saudi Aramco, BP, and S&P Global sharing insights on industry trends and opportunities in the Chinese market [1] - The conference provided decision-making references for Chinese companies to expand internationally and for foreign companies to enter the domestic market, facilitating the integration of domestic and international "dual circulation" [1] Group 2: Establishment of Commodity Alliance - The Zhejiang Free Trade Zone Commodity Resource Allocation Hub Industry Alliance was officially launched, with Chen Xin from Material Zhongda Group as the first chairman [2] - The alliance consists of over a hundred leading companies, industry associations, research institutions, and financial institutions, aiming to create a collaborative development system covering the entire commodity industry chain [2] - The initiative is supported by various provincial government offices and aims to enhance the efficiency of resource allocation in bulk commodities, focusing on storage, transportation, processing, trade, and maritime services [2] Group 3: Financial Innovation and Agreements - A specialized meeting on "Financial Innovation and Spot-Futures Linkage" was held during the conference, where a report on building an international bulk commodity trading center was released [3] - A total of 21 projects were signed during the conference, with a total agreement amount of approximately 643.6 billion yuan [3] - The establishment of the China Green Ship Repair International Certification Innovation Alliance and the unveiling of the International Bulk Commodity College at Zhejiang Ocean University also took place [3] Group 4: eRWA Product Launch - The first eRWA product based on physical asset anchoring was launched at a forum in Shenzhen, focusing on the digitalization of physical assets [5] - The MiWan.LOVE brown sugar chain product aims to create a new path for RWA in China, ensuring that digital rights correspond to physical assets [6] - The product leverages a high-standard sugarcane planting base and IoT technology to ensure traceability and compliance, addressing core challenges in the industry [6][7] Group 5: New Barter Trade Model - A new barter trade model is emerging, utilizing digital forms to reshape the commercial ecosystem amid challenges like inventory backlog and cash flow issues [8] - The YiDe International Barter Trading Platform allows for the exchange of various goods and services using barter credits, enhancing resource allocation and operational efficiency for businesses [9] - The platform has expanded to over 40 regions, serving more than 70,000 enterprises, with a projected barter credit transaction volume of 610 million yuan by mid-2025 [9][10]