The first national data asset ABS was successfully issued in Shenzhen.

On April 28th, the first national data asset ABS product, "Ping An-Rugao 1st Phase Asset Support Special Plan," was established on the Shenzhen Stock Exchange. This product is managed and sold by Ping An Securities, in collaboration with the Shenzhen Stock Exchange and the Shenzhen Data Exchange. The issuance size is 130 million yuan, with a face interest rate of 2.4%. The senior tranche has received a AAA rating, with data asset collateral accounting for over 50% and being labeled as "data assets" for the first time, marking a new stage in China's data asset securitization.