Data assets are increasingly becoming strategic resources for promoting the construction of digital China and accelerating the development of the digital economy. On November 25th, the 2024 Data Asset Management Summit with the theme of "Activating the Value of Data Assets and Prospering the Data Industry Ecology" was held in Shanghai.

This forum focuses on key issues in the field of data asset management, seeking the value growth path of data assets, exploring new opportunities for the development of the data industry. Based on a global perspective and combined with Chinese practice, multiple data asset management experts and representatives of data business enterprises discuss the development trend of data assets, the development and utilization of data elements, and new paradigms of the data industry, in order to accelerate the construction of a digital economy with data as the key element.

As an important announcement of this summit, a number of achievements including the Left Bank Xinhui Malu Grape RWA (Real World Asset Securitization) project have been officially released, and a batch of heavyweight projects focusing on deep cooperation in the data element industry have been signed. In addition, the "China Data Asset Management 50+Forum" has been established, and the "Shanghai Declaration on Building a Global Data Asset Market" has been released, indicating that more and more business entities are deeply involved in the process of market-oriented allocation of data elements in the context of the continuous improvement of the whole society's understanding of the value of data.

The release of innovative application results helps to unleash the multiplier effect of data elements
The batch of innovative achievements in data elements released at this summit highlights the multiplier effect of data in different scenarios, helping to turn the advantages of data resources into economic development momentum. As a key player, the Shanghai Stock Exchange is currently actively building a data asset trading market, focusing on typical scenarios such as smart agriculture, smart parks, and new energy infrastructure, to serve more enterprises in carrying out high-level data element innovation applications, empowering the development of the real economy and new quality productivity.


Left Bank Xinhui (Shanghai) Data Technology Co., Ltd. has released its first agricultural RWA project, "Malu Grape," to promote the development of new agricultural productivity. In conjunction with the development of the "Malu Grape" industry chain, the Shanghai Stock Exchange, together with Malu Town, Left Bank Xinhui, Malu Grape Planting Enterprises, as well as infrastructure, information security, legal, audit, asset evaluation and other enterprises in the digital business ecosystem, explored the innovative application of data elements through this case.


As the project operator, Left Bank Xinhui Company integrates agricultural products and production data into project assets based on the core architecture of SwiftLink management platform. Leveraging the tradable nature of its shares, it has completed a 10 million yuan equity financing and will further support the construction of new smart agriculture infrastructure, cultivate and strengthen agricultural business entities, and enhance the brand influence of agricultural products. The promotion of this case is not only beneficial for ensuring information disclosure and enhancing investor confidence, but also has significant implications for promoting financial institutions such as insurance and banks to serve characteristic agriculture, carrying out digital finance and inclusive finance innovation, and linking the development of data and capital factor markets.