Recently, the origination ceremony of the first data asset pledged loan in Deyang was held at the Sichuan Data Element Industrial Park. Deyang Branch of Industrial Bank provided the first data asset-pledged loan of RMB5 million to Deyang Shimintong Digital Technology Co., Ltd. This was the first data asset pledging and financing case between a local enterprise and local bank assisted by the local data trading company in Sichuan, and also the first data asset pledging and financing based on data components in China.

The Deyang Municipal Bureau of Data took the lead in guiding and promoting this pledged loan of enterprise data assets. Relying on the only physical data circulation and trading platform in the province i.e. Deyang Data Trading Center, Deyang Data Trading Co., Ltd. has built a full-process closed-loop service mechanism for platform construction, product processing, scenario creation, data-commerce connection, and transaction matching. The value mining, asset evaluation, and financing matching of the platform operation data of Deyang Shimintong Technology Co., Ltd. were conducted by Beijing Zhongjinhao Assets Appraisal Co., Ltd., while the data compliance review, asset registration, and the issuing of data asset registration certificate were carried out by Deyang Big Data Center, and the corresponding data assets were processed into data component products by Deyang Data Trading Co., Ltd. The Chengdu Branch of Industrial Bank took the data asset as the subject matter for the loan and provided a credit line of RMB5 million to the enterprise within only about one month, fully supported by the Deyang Branch in terms of loan origination.

The success of the data asset pledged loan is a new breakthrough for Deyang in promoting enterprise data asset financing, and also a new exploration in building a three-level data circulation and trade market with data components as the universal subject matter for data circulation. Next, Deyang will actively expand the assessment and financing business regarding the inclusion of enterprise data assets in the balance sheet to attract enterprises inside and outside the province to carry out data asset registration, assessment, and transactions in Deyang, which will continuously advance the securitization of data assets and, therefore, create a more open, intelligent, and secured data industry ecosystem. (Reporter: Zeng Zheng)