On July 31, 2025, the country's first approved data asset securitization project “Huaxin-Xinxin-Data Asset Phase 1 Asset Support Special Plan” was officially issued and established on the Shenzhen Stock Exchange. The project has Nanjing Xinxin Commercial Factoring Co., Ltd. as the issuer and Huaxin Securities Co., Ltd. as the manager and sales agency. The initial issuance scale was 133.7 million yuan, with a priority coupon interest rate of 2.0%. Of these, 89% of the cash flow came from data asset pledge loans. The Shenzhen Data Exchange participated in the full support process to ensure the smooth issuance of the asset securitization project.

On July 31, 2025, the country's first approved data asset securitization project “Huaxin-Xinxin-Data Asset Phase 1 Asset Support Special Plan” was officially issued and established on the Shenzhen Stock Exchange. The project has Nanjing Xinxin Commercial Factoring Co., Ltd. as the issuer and Huaxin Securities Co., Ltd. as the manager and sales agency. The initial issuance scale was 133.7 million yuan, with a priority coupon interest rate of 2.0%. Of these, 89% of the cash flow came from data asset pledge loans. The Shenzhen Data Exchange participated in the full support process to ensure the smooth issuance of the asset securitization project.